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1-bed · 393 sqftAl Ramth 28, Remraam · 5th floor · completed 2011

502, Al Ramth 28

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

Unit 502 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 823K18 April 2016
Current rentAED 55K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 502, Al Ramth 28

What is 502 worth today?

Last sold for AED 822,500 in 2016

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1 Mar 2025RentedNew contract
AED 55,000/yr12 months · AED 70 per sqft
10 Jul 2023RentedRenewal
AED 40,250/yr12 months · AED 51 per sqft
10 Jul 2022RentedNew contract
AED 35,000/yr12 months · AED 44 per sqft
30 Mar 2021RentedRenewal
AED 31,500/yr12 months · AED 40 per sqft
30 Mar 2019RentedNew contract
AED 40,000/yr12 months · AED 51 per sqft
12 Feb 2018RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
18 Apr 2016Sold by developerReady
AED 822,500AED 1,045 per sqft
12 Feb 2015RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
1-bed apartment
Size
393 sqft
Floor
5th of 7
Parking
G-151
Developer
Remraam
Completed
2011
Service charge
AED 6,000 /yr
Last sold
AED 823K · April 2016
Building
Al Ramth 28

About 502, Al Ramth 28

502 is a one-bedroom apartment of 393 sqft on the 5th floor of Al Ramth 28, a 7-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 18 April 2016 for AED 822,500, or AED 1,045 per sqft, 104% above the AED 512 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 March 2025, is AED 55,000 a year: a gross yield of 6.7% on the 2016 price, before the service charge of about AED 6,000 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Al Ramth 28
400K600K800K2009201320172021Typical sale price by year: 2009 AED 722,635; 2013 AED 642,579; 2014 AED 708,000; 2015 AED 400,950; 2016 AED 605,000; 2017 AED 640,000; 2023 AED 570,000Sold by developer, April 2016: AED 822,500 (AED 1,045 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 28
40K60K2014201820222026Typical rent by year: 2014 AED 55,000; 2015 AED 55,000; 2016 AED 55,583; 2017 AED 57,000; 2018 AED 50,000; 2019 AED 45,000; 2020 AED 36,000; 2021 AED 31,500; 2022 AED 34,000; 2023 AED 40,125; 2024 AED 48,625; 2025 AED 54,600; 2026 AED 50,000New contract, February 2015: AED 60,000 a yearNew contract, February 2018: AED 60,000 a yearNew contract, March 2019: AED 40,000 a yearRenewal, March 2021: AED 31,500 a yearNew contract, July 2022: AED 35,000 a yearRenewal, July 2023: AED 40,250 a yearNew contract, March 2025: AED 55,000 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 28, and where 502 sits

All 29 1-beds →

502 last sold in April 2016 at AED 1,045 per sqft, 104% above what one-beds in Al Ramth 28 were fetching at the time (AED 512). 502's AED 55,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jul 2025700,000
9 Jul 2024650,000
28 May 2024400,000
6 Nov 2023605,000
0 1-bed sales in the last 12 months

Al Ramth 28

Building

77 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.

Typical price per sqft
AED 894
Typical sale
AED 478K
Typical rent
AED 52K /yr
Typical yield
9.4%
Al Ramth 28, Remraam: prices, sales and rents →

Other units on the 5th floor

All 77 units in Al Ramth 28
Value
501StudioAED 223K · Feb 2015
5031-bedAED 350K · Nov 2015
5042-bedAED 1.05M · Jun 2014
5051-bedAED 595K · Jun 2014
5061-bedAED 640K · Mar 2017
5072-bedAED 900K · Nov 2024
5081-bedAED 341K · Apr 2014
1–7 of 10

502, Al Ramth 28 in numbers

  • Sold once: by Remraam on 18 April 2016 for AED 822,500, or AED 1,045 per sqft.
  • Rented since February 2015 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 31,500 in 2021 and recovered to AED 55,000 by March 2025.
  • At AED 55,000 a year the gross yield on the 2016 price is 6.7%, before a service charge of about AED 6,000 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 1 March 2025.

Questions about 502, Al Ramth 28

What did unit 502 last sell for?

AED 822,500 on 18 April 2016, sold by the developer: AED 1,045 per sqft for 393 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 55,000 a year on the contract signed on 1 March 2025. The previous contract, from July 2023, was AED 40,250; the unit has been rented since February 2015.

How big is unit 502?

393 sqft (36.5 sqm): a one-bedroom apartment on the 5th floor of a 7-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.

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Mortgage on 502, Al Ramth 28

Starts from the last sale price (AED 823K, 18 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 822,500
Deposit, UAE resident (20%)
AED 164,500
Deposit, non-resident (40%)
AED 329,000
Monthly over 25 years at 3.7%
AED 3,365

Plus AED 39,555 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →