If you are talking about the one in this thread, yeah it would be over the front sight post, but it would be too high so I would not get this deal for an AK.
If are using a PA red dot, on an Ultimak, you want the lowest base you can find. Either use the one that comes standard on the PA, or get a PA red dot with a removable base and replace with a low QD.

Thank you sir.

