502, Al Ramth 39
Sold prices and rental history: sold twice, last in October 2013, 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 502, Al Ramth 39
What is 502 worth today?
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Source: Dubai Land Department. Updated 25 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 755 sqft
- Floor
- 5th of 5
- Parking
- G-67
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,600 /yr
- Last sold
- AED 783K · October 2013
- Building
- Al Ramth 39
About 502, Al Ramth 39
502 is a one-bedroom apartment of 755 sqft on the 5th floor of Al Ramth 39, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 3 October 2013 for AED 783,084, or AED 1,037 per sqft, 8% above the AED 964 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 25 October 2023, is AED 40,500 a year: a gross yield of 5.2% on the 2013 price, before the service charge of about AED 11,600 a year.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the one-bed median of each year in the building.
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 39, and where 502 sits
All 20 1-beds →502 last sold in October 2013 at AED 1,037 per sqft, 8% above what one-beds in Al Ramth 39 were fetching at the time (AED 964). Over the last 12 months one-beds sold for AED 605,000, around AED 878 per sqft, and rent for AED 58,000 to 58,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jan 20269 January 2026 | 689 sqft | 605,000 | 878 | ||
| 4 Jul 20234 July 2023 | 665 sqft | 385,000 | 578 | ||
| 16 Jun 202316 June 2023 | 689 sqft | 375,000 | 544 | ||
| 1 Jun 20231 June 2023 | 755 sqft | 415,000 | 549 |
Al Ramth 39
Building46 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,008
- Typical sale
- AED 523K
- Typical rent
- AED 85K /yr
- Typical yield
- 5.6%
Other units on the 5th floor
All 46 units in Al Ramth 39| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 375KAED 375,000 · Jun 2023June 2023 | 34,000 /yr | |
| 503 | 1-bed | 773 sqft | AED 400KAED 400,000 · Apr 2019April 2019 | 47,250 /yr | |
| 504 | 2-bed | 1,116 sqft | AED 570KAED 570,000 · Jun 2021June 2021 | 45,000 /yr | |
| 505 | 2-bed | 1,116 sqft | AED 950KAED 950,000 · May 2025May 2025 | 53,500 /yr | |
| 506 | 1-bed | 773 sqft | AED 770KAED 770,000 · Sep 2014September 2014 | 46,805 /yr | |
| 507 | 1-bed | 755 sqft | AED 365KAED 365,000 · Feb 2023February 2023 | 45,000 /yr | |
| 508 | 1-bed | 665 sqft | AED 400KAED 400,000 · Oct 2017October 2017 | 43,890 /yr | |
| 509 | Studio | 387 sqft | AED 350KAED 350,000 · Mar 2019March 2019 | 31,500 /yr |
502, Al Ramth 39 in numbers
- Sold twice: first on 7 April 2009 for AED 1,002,159, last on 3 October 2013 for AED 783,084 (AED 1,037 per sqft).
- Rented since December 2013 on 9 Ejari contracts. The rent fell from AED 50,000 to AED 35,000 in 2021 and recovered to AED 40,500 by October 2023.
- At AED 40,500 a year the gross yield on the 2013 price is 5.2%, before a service charge of about AED 11,600 a year (AED 15.34 per sqft).
- One-beds in Al Ramth 39 sold for AED 605,000–605,000 in the 12 months to November 2026; the building's median across all types is AED 1,008 per sqft.
Source: Dubai Land Department. Updated 25 October 2023.
Questions about 502, Al Ramth 39
What did unit 502 last sell for?
AED 783,084 on 3 October 2013: AED 1,037 per sqft for 755 sqft. The unit has 2 registered sales; the first was AED 1,002,159 in April 2009.
What is the rent for unit 502?
AED 40,500 a year on the contract renewed on 25 October 2023. The previous contract, from October 2022, was AED 38,000; the unit has been rented since December 2013.
How big is unit 502?
755 sqft (70.1 sqm): a one-bedroom apartment on the 5th floor of a 5-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. One-beds in Al Ramth 39 sold for AED 605,000 to 605,000 in the last 12 months, around AED 878 per sqft.
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Mortgage on 502, Al Ramth 39
Starts from the last sale price (AED 783K, 3 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 783,084
- Deposit, UAE resident (20%)
- AED 156,617
- Deposit, non-resident (40%)
- AED 313,234
- Monthly over 25 years at 3.7%
- AED 3,204
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →