508, Al Ramth 41
Sold prices and rental history: sold twice, last in July 2014, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Al Ramth 41
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 October 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 668 sqft
- Floor
- 5th of 5
- Parking
- G-91
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,200 /yr
- Last sold
- AED 498K · July 2014
- Building
- Al Ramth 41
About 508, Al Ramth 41
508 is a one-bedroom apartment of 668 sqft on the 5th floor of Al Ramth 41, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 13 July 2014 for AED 498,246, or AED 745 per sqft, 8% below the AED 806 one-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 October 2022, is AED 34,000 a year: a gross yield of 6.8% on the 2014 price, before the service charge of about AED 10,200 a year.
Sales and rents for 508 over time
508 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 41, and where 508 sits
All 21 1-beds →508 last sold in July 2014 at AED 745 per sqft, 8% below what one-beds in Al Ramth 41 were fetching at the time (AED 806).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202416 October 2024 | 669 sqft | 500,000 | 747 | ||
| 2 Sep 20242 September 2024 | 1,156 sqft | 680,000 | 587 | ||
| 10 Jun 202410 June 2024 | 1,150 sqft | 620,000 | 539 | ||
| 23 May 202423 May 2024 | 774 sqft | 520,000 | 671 |
Al Ramth 41
Building43 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 58K /yr
- Typical yield
Other units on the 5th floor
All 43 units in Al Ramth 41| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 669 sqft | AED 583KAED 583,397 · Oct 2013October 2013 | 45,000 /yr | |
| 502 | 1-bed | 774 sqft | AED 520KAED 520,000 · May 2024May 2024 | 38,000 /yr | |
| 503 | 1-bed | 774 sqft | AED 582KAED 582,000 · Mar 2024March 2024 | 60,000 /yr | |
| 504 | 2-bed | 1,113 sqft | AED 1.11MAED 1,107,000 · Mar 2015March 2015 | 72,000 /yr | |
| 505 | 2-bed | 1,113 sqft | AED 900KAED 900,000 · Dec 2024December 2024 | 44,000 /yr | |
| 506 | 1-bed | 774 sqft | AED 355KAED 355,236 · Dec 2022December 2022 | 47,000 /yr | |
| 509 | Studio | 401 sqft | AED 445KAED 445,000 · Mar 2025March 2025 | 46,500 /yr |
508, Al Ramth 41 in numbers
- Sold twice: first on 6 March 2014 for AED 694,220, last on 13 July 2014 for AED 498,246 (AED 745 per sqft).
- Rented since April 2019 on 3 Ejari contracts, from AED 31,500 to AED 34,000 a year.
- At AED 34,000 a year the gross yield on the 2014 price is 6.8%, before a service charge of about AED 10,200 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 1 October 2022.
Questions about 508, Al Ramth 41
What did unit 508 last sell for?
AED 498,246 on 13 July 2014: AED 745 per sqft for 668 sqft. The unit has 2 registered sales; the first was AED 694,220 in March 2014.
What is the rent for unit 508?
AED 34,000 a year on the contract signed on 1 October 2022. The previous contract, from August 2021, was AED 30,000; the unit has been rented since April 2019.
How big is unit 508?
668 sqft (62.1 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.
What is unit 508 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 508, Al Ramth 41
Starts from the last sale price (AED 498K, 13 July 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 498,246
- Deposit, UAE resident (20%)
- AED 99,649
- Deposit, non-resident (40%)
- AED 199,298
- Monthly over 25 years at 3.7%
- AED 2,038
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →