505, Al Ramth 01
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Al Ramth 01
What is 505 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,109 sqft
- Floor
- 5th of 5
- Parking
- G-91
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 17,000 /yr
- Last sold
- AED 920K · October 2024
- Building
- Al Ramth 01
About 505, Al Ramth 01
505 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. It last sold on 18 October 2024 for AED 920,000, or AED 829 per sqft.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 79,807 a year: a gross yield of 8.7% on the 2024 price, before the service charge of about AED 17,000 a year.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the two-bed median of each year in the building.
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 505 sits
All 15 2-beds →| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jul 20252 July 2025 | 1,006 sqft | 1,150,000 | 1,143 | ||
| 3 Apr 20253 April 2025 | 1,006 sqft | 910,000 | 904 | ||
| 13 Mar 202513 March 2025 | 1,006 sqft | 950,000 | 944 | ||
| 26 Feb 202526 February 2025 | 1,598 sqft | 950,000 | 594 |
Al Ramth 01
Building45 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
Other units on the 5th floor
All 45 units in Al Ramth 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 665 sqft | AED 662KAED 662,000 · Nov 2014November 2014 | 53,000 /yr | |
| 502 | 1-bed | 777 sqft | AED 786KAED 786,380 · Dec 2013December 2013 | 41,000 /yr | |
| 503 | 1-bed | 777 sqft | AED 786KAED 786,380 · Dec 2013December 2013 | 30,000 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 552KAED 552,000 · Jan 2015January 2015 | 47,500 /yr | |
| 506 | 1-bed | 777 sqft | AED 773KAED 773,000 · Oct 2014October 2014 | 57,000 /yr | |
| 507 | 1-bed | 777 sqft | AED 786KAED 786,380 · Dec 2013December 2013 | 28,000 /yr | |
| 508 | 1-bed | 689 sqft | AED 686KAED 686,000 · Feb 2015February 2015 | ||
| 509 | Studio | 468 sqft | AED 264KAED 264,000 · Nov 2022November 2022 | 35,000 /yr |
505, Al Ramth 01 in numbers
- Sold twice: first on 3 February 2015 for AED 1,048,800, last on 18 October 2024 for AED 920,000 (AED 829 per sqft).
- Rented since December 2013 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 60,000 in 2019 and recovered to AED 79,807 by November 2024.
- At AED 79,807 a year the gross yield on the 2024 price is 8.7%, before a service charge of about AED 17,000 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 1 November 2024.
Questions about 505, Al Ramth 01
What did unit 505 last sell for?
AED 920,000 on 18 October 2024: AED 829 per sqft for 1,109 sqft. The unit has 2 registered sales; the first was AED 1,048,800 in February 2015.
What is the rent for unit 505?
AED 79,807 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 60,637; the unit has been rented since December 2013.
How big is unit 505?
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 505 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 505, Al Ramth 01
Starts from the last sale price (AED 920K, 18 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 920,000
- Deposit, UAE resident (20%)
- AED 184,000
- Deposit, non-resident (40%)
- AED 368,000
- Monthly over 25 years at 3.7%
- AED 3,764
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →