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1-bed · 755 sqftAl Ramth 37, Remraam · 5th floor · completed 2011

502, Al Ramth 37

Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 16 November 2024
Last soldAED 400K28 February 2022
Current rentAED 50K /yr16 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 502, Al Ramth 37

What is 502 worth today?

Last sold for AED 400,000 in 2022

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16 Nov 2024RentedRenewal
AED 50,000/yr12 months · AED 66 per sqft
16 Nov 2023RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
1 Sep 2022RentedRenewal
AED 32,000/yr12 months · AED 42 per sqft
28 Feb 2022SoldReady
AED 400,000AED 529 per sqft
1 Sep 2020RentedNew contract
AED 35,000/yr12 months · AED 46 per sqft
1 Dec 2018RentedNew contract
AED 52,000/yr12 months · AED 69 per sqft
5 Oct 2016RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
10 Jul 2013Sold by developerReady
AED 658,443AED 872 per sqft

Source: Dubai Land Department. Updated 16 November 2024.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
5th of 7
Parking
G-85
Developer
Remraam
Completed
2011
Service charge
AED 11,600 /yr
Last sold
AED 400K · February 2022
Building
Al Ramth 37

About 502, Al Ramth 37

502 is a one-bedroom apartment of 755 sqft on the 5th floor of Al Ramth 37, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 28 February 2022 for AED 400,000, or AED 529 per sqft.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 16 November 2024, is AED 50,000 a year: a gross yield of 12.5% on the 2022 price, before the service charge of about AED 11,600 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Al Ramth 37
500K750K2009201420192024Typical sale price by year: 2009 AED 510,300; 2013 AED 656,701; 2014 AED 704,330; 2015 AED 748,000; 2016 AED 794,675; 2017 AED 850,000; 2024 AED 503,000; 2025 AED 635,000Sold by developer, July 2013: AED 658,443 (AED 872 per sqft)Sold, February 2022: AED 400,000 (AED 529 per sqft)

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

Rents
Unit 502, each contractTypical one-bed in Al Ramth 37
40K60K20142017202020232026Typical rent by year: 2014 AED 49,000; 2015 AED 55,000; 2016 AED 58,000; 2017 AED 55,000; 2018 AED 51,818; 2019 AED 41,000; 2020 AED 34,500; 2021 AED 31,200; 2022 AED 35,000; 2023 AED 41,000; 2024 AED 47,000; 2025 AED 52,500New contract, October 2016: AED 60,000 a yearNew contract, December 2018: AED 52,000 a yearNew contract, September 2020: AED 35,000 a yearRenewal, September 2022: AED 32,000 a yearNew contract, November 2023: AED 50,000 a yearRenewal, November 2024: AED 50,000 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 37, and where 502 sits

All 29 1-beds →

502's AED 50,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jul 2025685,000
10 Jun 2025635,000
16 Apr 2025680,000
18 Mar 2025630,000
0 1-bed sales in the last 12 months

Al Ramth 37

Building

62 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 981
Typical sale
AED 990K
Typical rent
AED 47K /yr
Typical yield
6.9%
Al Ramth 37, Remraam: prices, sales and rents →

Other units on the 5th floor

All 62 units in Al Ramth 37
Value
5011-bedAED 662K · Nov 2014
5031-bedAED 770K · Feb 2015
5042-bedAED 985K · Jun 2014
5052-bedAED 900K · May 2025
5061-bedAED 370K · Sep 2022
5071-bedAED 630K · Mar 2025
5081-bedAED 565K · Jan 2025
1–7 of 8

502, Al Ramth 37 in numbers

  • Sold twice: first on 10 July 2013 for AED 658,443, last on 28 February 2022 for AED 400,000 (AED 529 per sqft).
  • Rented since October 2016 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 32,000 in 2022 and recovered to AED 50,000 by November 2024.
  • At AED 50,000 a year the gross yield on the 2022 price is 12.5%, before a service charge of about AED 11,600 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 16 November 2024.

Questions about 502, Al Ramth 37

What did unit 502 last sell for?

AED 400,000 on 28 February 2022: AED 529 per sqft for 755 sqft. The unit has 2 registered sales; the first was AED 658,443 in July 2013.

What is the rent for unit 502?

AED 50,000 a year on the contract renewed on 16 November 2024. The previous contract, from November 2023, was AED 50,000; the unit has been rented since October 2016.

How big is unit 502?

755 sqft (70.1 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 37

Starts from the last sale price (AED 400K, 28 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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