Home
Dubai prices
About
Research
1-bed · 777 sqftAl Ramth 01, Remraam · 5th floor · completed 2011

502, Al Ramth 01

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 786K23 December 2013
Current rentAED 41K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 502

Property timeline for 502, Al Ramth 01

What is 502 worth today?

Last sold for AED 786,380 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Oct 2024RentedRenewal
AED 41,000/yr12 months · AED 53 per sqft
10 Oct 2023RentedRenewal
AED 40,000/yr12 months · AED 52 per sqft
3 Mar 2022RentedRenewal
AED 32,000/yr12 months · AED 41 per sqft
3 Mar 2021RentedNew contract
AED 32,000/yr12 months · AED 41 per sqft
10 Dec 2019RentedNew contract
AED 38,000/yr12 months · AED 49 per sqft
5 Dec 2018RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft
21 Dec 2016RentedNew contract
AED 61,000/yr12 months · AED 79 per sqft
6 Jan 2015RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
1-bed apartment
Size
777 sqft
Floor
5th of 5
Parking
G-94
Developer
Remraam
Completed
2011
Service charge
AED 11,900 /yr
Last sold
AED 786K · December 2013
Building
Al Ramth 01

About 502, Al Ramth 01

502 is a one-bedroom apartment of 777 sqft on the 5th floor of Al Ramth 01, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 23 December 2013 for AED 786,380, or AED 1,012 per sqft, in line with the AED 1,012 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 10 October 2024, is AED 41,000 a year: a gross yield of 5.2% on the 2013 price, before the service charge of about AED 11,900 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Al Ramth 01
700K750K800K20132014201520162017Typical sale price by year: 2013 AED 786,380; 2014 AED 681,000; 2015 AED 686,000; 2016 AED 786,805Sold by developer, December 2013: AED 786,380 (AED 1,012 per sqft)

502 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 502, each contractTypical one-bed in Al Ramth 01
40K60K20142017202020232026Typical rent by year: 2014 AED 55,000; 2015 AED 55,000; 2016 AED 60,500; 2017 AED 53,500; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 36,500; 2021 AED 31,000; 2022 AED 32,000; 2023 AED 40,000; 2024 AED 54,000; 2025 AED 52,500New contract, January 2014: AED 55,000 a yearNew contract, January 2015: AED 55,000 a yearNew contract, December 2016: AED 61,000 a yearNew contract, December 2018: AED 45,000 a yearNew contract, December 2019: AED 38,000 a yearNew contract, March 2021: AED 32,000 a yearRenewal, March 2022: AED 32,000 a yearRenewal, October 2023: AED 40,000 a yearRenewal, October 2024: AED 41,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Ramth 01, and where 502 sits

All 21 1-beds →

502 last sold in December 2013 at AED 1,012 per sqft, in line with what one-beds in Al Ramth 01 were fetching at the time (AED 1,012).

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jul 2024568,000
1 Jul 2024665,000
28 Sep 2023500,000
11 Nov 2022420,000
0 1-bed sales in the last 12 months

Al Ramth 01

Building

45 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 51K /yr
Typical yield
Al Ramth 01, Remraam: prices, sales and rents →

Other units on the 5th floor

All 45 units in Al Ramth 01
Value
5011-bedAED 662K · Nov 2014
5031-bedAED 786K · Dec 2013
5042-bedAED 552K · Jan 2015
5052-bedAED 920K · Oct 2024
5061-bedAED 773K · Oct 2014
5071-bedAED 786K · Dec 2013
5081-bedAED 686K · Feb 2015
1–7 of 8

502, Al Ramth 01 in numbers

  • Sold once: by Remraam on 23 December 2013 for AED 786,380, or AED 1,012 per sqft.
  • Rented since January 2014 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 32,000 in 2022 and recovered to AED 41,000 by October 2024.
  • At AED 41,000 a year the gross yield on the 2013 price is 5.2%, before a service charge of about AED 11,900 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 10 October 2024.

Questions about 502, Al Ramth 01

What did unit 502 last sell for?

AED 786,380 on 23 December 2013, sold by the developer: AED 1,012 per sqft for 777 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 41,000 a year on the contract renewed on 10 October 2024. The previous contract, from October 2023, was AED 40,000; the unit has been rented since January 2014.

How big is unit 502?

777 sqft (72.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 502? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 502, Al Ramth 01

Starts from the last sale price (AED 786K, 23 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 786,380
Deposit, UAE resident (20%)
AED 157,276
Deposit, non-resident (40%)
AED 314,552
Monthly over 25 years at 3.7%
AED 3,217

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →