Studio · 468 sqftAl Ramth 03, Remraam · 5th floor · completed 2011

509, Al Ramth 03

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 6 October 2025
Last soldAED 250K25 November 2022
Current rentAED 44K /yr6 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Al Ramth 03

What is 509 worth today?

Last sold for AED 250,000 in 2022

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6 Oct 2025RentedNew contract
AED 44,000/yr12 months · AED 94 per sqft
15 Jul 2024RentedRenewal
AED 35,200/yr12 months · AED 75 per sqft
15 Jul 2023RentedNew contract
AED 32,000/yr12 months · AED 68 per sqft
25 Nov 2022SoldReady
AED 250,000AED 533 per sqft
1 Jun 2022RentedRenewal
AED 23,000/yr12 months · AED 49 per sqft
1 Jun 2021RentedNew contract
AED 19,000/yr12 months · AED 41 per sqft
11 May 2020RentedNew contract
AED 23,000/yr12 months · AED 49 per sqft
29 Oct 2015Sold by developerReady
AED 467,000AED 996 per sqft

Source: Dubai Land Department. Updated 6 October 2025.

Key facts

Type
Studio apartment
Size
468 sqft
Floor
5th of 5
Parking
G-74
Developer
Remraam
Completed
2011
Service charge
AED 7,200 /yr
Last sold
AED 250K · November 2022
Building
Al Ramth 03

About 509, Al Ramth 03

509 is a studio of 468 sqft on the 5th floor of Al Ramth 03, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 25 November 2022 for AED 250,000, or AED 533 per sqft, 17% below the AED 640 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 6 October 2025, is AED 44,000 a year: a gross yield of 17.6% on the 2022 price, before the service charge of about AED 7,200 a year.

Sales and rents for 509 over time

Rents
Unit 509, each contractTypical studio in Al Ramth 03
20K40K2015201820212024Typical rent by year: 2019 AED 34,000; 2020 AED 24,750; 2021 AED 22,750; 2022 AED 24,000; 2023 AED 29,325New contract, March 2015: AED 44,554 a yearNew contract, May 2020: AED 23,000 a yearNew contract, June 2021: AED 19,000 a yearRenewal, June 2022: AED 23,000 a yearNew contract, July 2023: AED 32,000 a yearRenewal, July 2024: AED 35,200 a yearNew contract, October 2025: AED 44,000 a year

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

Studios in Al Ramth 03, and where 509 sits

All 4 studios →

509 last sold in November 2022 at AED 533 per sqft, 17% below what studios in Al Ramth 03 were fetching at the time (AED 640).

Recent studio salesUnit no.Price (AED)Summary
3 Mar 2023270,000
14 Dec 2021200,000
14 Dec 2021200,000
8 Dec 202120,279
0 studio sales in the last 12 months

Al Ramth 03

Building

44 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 112K /yr
Typical yield
Al Ramth 03, Remraam: prices, sales and rents →

Other units on the 5th floor

All 44 units in Al Ramth 03
Value
5011-bedAED 686K · Dec 2014
5021-bedAED 330K · Dec 2021
5031-bedAED 330K · Dec 2021
5042-bedAED 1.09M · Dec 2016
5052-bedAED 580K · Feb 2021
5071-bedAED 620K · Jul 2024
5081-bedAED 662K · Dec 2014

509, Al Ramth 03 in numbers

  • Sold twice: first on 29 October 2015 for AED 467,000, last on 25 November 2022 for AED 250,000 (AED 533 per sqft).
  • Rented since March 2015 on 7 Ejari contracts. The rent fell from AED 44,554 to AED 19,000 in 2021 and recovered to AED 44,000 by October 2025.
  • At AED 44,000 a year the gross yield on the 2022 price is 17.6%, before a service charge of about AED 7,200 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 6 October 2025.

Questions about 509, Al Ramth 03

What did unit 509 last sell for?

AED 250,000 on 25 November 2022: AED 533 per sqft for 468 sqft. The unit has 2 registered sales; the first was AED 467,000 in October 2015.

What is the rent for unit 509?

AED 44,000 a year on the contract signed on 6 October 2025. The previous contract, from July 2024, was AED 35,200; the unit has been rented since March 2015.

How big is unit 509?

468 sqft (43.5 sqm): a studio on the 5th floor of a 5-storey tower completed in 2011.

What is unit 509 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 509, Al Ramth 03

Starts from the last sale price (AED 250K, 25 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 250,000
Deposit, UAE resident (20%)
AED 50,000
Deposit, non-resident (40%)
AED 100,000
Monthly over 25 years at 3.7%
AED 1,023

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