2-bed · 1,109 sqftAl Ramth 01, Remraam · 5th floor · completed 2011

504, Al Ramth 01

Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 14 July 2022
Last soldAED 552K29 January 2015
Current rentAED 48K /yr14 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Al Ramth 01

What is 504 worth today?

Last sold for AED 552,000 in 2015

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14 Jul 2022RentedRenewal
AED 47,500/yr12 months · AED 43 per sqft
14 Jul 2021RentedNew contract
AED 43,500/yr12 months · AED 39 per sqft
15 Sep 2020RentedNew contract
AED 47,500/yr12 months · AED 43 per sqft
1 Jun 2019RentedRenewal
AED 70,000/yr12 months · AED 63 per sqft
1 Jun 2018RentedNew contract
AED 70,000/yr12 months · AED 63 per sqft
20 May 2016RentedNew contract
AED 80,000/yr12 months · AED 72 per sqft
29 Jan 2015Sold by developerReady
AED 552,000AED 497 per sqft

Source: Dubai Land Department. Updated 14 July 2022.

Key facts

Type
2-bed apartment
Size
1,109 sqft
Floor
5th of 5
Parking
G-92
Developer
Remraam
Completed
2011
Service charge
AED 17,000 /yr
Last sold
AED 552K · January 2015
Building
Al Ramth 01

About 504, Al Ramth 01

504 is a two-bedroom apartment of 1,109 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 29 January 2015 for AED 552,000, or AED 497 per sqft, 49% below the AED 983 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 14 July 2022, is AED 47,500 a year: a gross yield of 8.6% on the 2015 price, before the service charge of about AED 17,000 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Al Ramth 01
500K750K1M20142017202020232026Typical sale price by year: 2014 AED 996,000; 2015 AED 806,867; 2023 AED 695,000; 2025 AED 950,000Sold by developer, January 2015: AED 552,000 (AED 497 per sqft)

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

Rents
Unit 504, each contractTypical two-bed in Al Ramth 01
40K60K80K2014201720202023Typical rent by year: 2014 AED 73,000; 2015 AED 85,000; 2016 AED 80,000; 2017 AED 76,500; 2018 AED 76,387; 2019 AED 65,000; 2020 AED 48,000; 2021 AED 54,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 76,057New contract, May 2016: AED 80,000 a yearNew contract, June 2018: AED 70,000 a yearRenewal, June 2019: AED 70,000 a yearNew contract, September 2020: AED 47,500 a yearNew contract, July 2021: AED 43,500 a yearRenewal, July 2022: AED 47,500 a year

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

2-beds in Al Ramth 01, and where 504 sits

All 15 2-beds →

504 last sold in January 2015 at AED 497 per sqft, 49% below what two-beds in Al Ramth 01 were fetching at the time (AED 983).

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jul 20251,150,000
3 Apr 2025910,000
13 Mar 2025950,000
26 Feb 2025950,000
0 2-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
5021-bedAED 786K · Dec 2013
5031-bedAED 786K · Dec 2013
5052-bedAED 920K · Oct 2024
5061-bedAED 773K · Oct 2014
5071-bedAED 786K · Dec 2013
5081-bedAED 686K · Feb 2015
1–7 of 8

504, Al Ramth 01 in numbers

  • Sold once: by Remraam on 29 January 2015 for AED 552,000, or AED 497 per sqft.
  • Rented since May 2016 on 6 Ejari contracts, from AED 80,000 to AED 47,500 a year.
  • At AED 47,500 a year the gross yield on the 2015 price is 8.6%, before a service charge of about AED 17,000 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 14 July 2022.

Questions about 504, Al Ramth 01

What did unit 504 last sell for?

AED 552,000 on 29 January 2015, sold by the developer: AED 497 per sqft for 1,109 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 47,500 a year on the contract renewed on 14 July 2022. The previous contract, from July 2021, was AED 43,500; the unit has been rented since May 2016.

How big is unit 504?

1,109 sqft (103.0 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.

What is unit 504 worth today?

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

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Mortgage on 504, Al Ramth 01

Starts from the last sale price (AED 552K, 29 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 552,000
Deposit, UAE resident (20%)
AED 110,400
Deposit, non-resident (40%)
AED 220,800
Monthly over 25 years at 3.7%
AED 2,258

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