503, Al Ramth 47
Sold prices and rental history: sold twice, last in June 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Al Ramth 47
What is 503 worth today?
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Source: Dubai Land Department. Updated 25 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 777 sqft
- Floor
- 5th of 5
- Parking
- G-68
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,900 /yr
- Last sold
- AED 595K · June 2024
- Building
- Al Ramth 47
About 503, Al Ramth 47
503 is a one-bedroom apartment of 777 sqft on the 5th floor of Al Ramth 47, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 25 June 2024 for AED 595,000, or AED 766 per sqft, 16% above the AED 663 one-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 24 February 2024, is AED 57,000 a year: a gross yield of 9.6% on the 2024 price, before the service charge of about AED 11,900 a year.
Sales and rents for 503 over time
503 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 47, and where 503 sits
All 15 1-beds →503 last sold in June 2024 at AED 766 per sqft, 16% above what one-beds in Al Ramth 47 were fetching at the time (AED 663). Over the last 12 months one-beds sold for AED 615,000 to 630,000, around AED 908 per sqft, and rent for AED 50,000 to 50,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Dec 202524 December 2025 | 665 sqft | 615,000 | 924 | ||
| 16 Jan 202516 January 2025 | 777 sqft | 635,000 | 817 | ||
| 27 Sep 202427 September 2024 | 758 sqft | 590,000 | 778 | ||
| 6 Sep 20246 September 2024 | 665 sqft | 500,000 | 751 |
Al Ramth 47
Building43 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.
- Typical price per sqft
- AED 908
- Typical sale
- AED 615K
- Typical rent
- AED 85K /yr
- Typical yield
- 9.3%
Other units on the 5th floor
All 43 units in Al Ramth 47| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 510KAED 510,000 · Aug 2024August 2024 | 30,000 /yr | |
| 502 | 1-bed | 777 sqft | AED 786KAED 786,380 · Oct 2013October 2013 | 50,000 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 1.1MAED 1,104,000 · May 2015May 2015 | 58,080 /yr | |
| 505 | 2-bed | 1,109 sqft | AED 1.13MAED 1,125,860 · Oct 2013October 2013 | 67,315 /yr | |
| 506 | 1-bed | 777 sqft | AED 635KAED 635,000 · Jan 2025January 2025 | 30,000 /yr | |
| 507 | 1-bed | 777 sqft | AED 786KAED 786,380 · Nov 2013November 2013 | 60,000 /yr | |
| 508 | 1-bed | 665 sqft | AED 500KAED 500,000 · Sep 2024September 2024 | 42,333 /yr | |
| 509 | Studio | 468 sqft | AED 325KAED 325,000 · Apr 2020April 2020 | 56,500 /yr |
503, Al Ramth 47 in numbers
- Sold twice: first on 3 November 2014 for AED 773,000, last on 25 June 2024 for AED 595,000 (AED 766 per sqft).
- Rented since February 2021 on 2 Ejari contracts, from AED 32,000 to AED 57,000 a year.
- At AED 57,000 a year the gross yield on the 2024 price is 9.6%, before a service charge of about AED 11,900 a year (AED 15.34 per sqft).
- One-beds in Al Ramth 47 sold for AED 615,000–630,000 in the 12 months to November 2026; the building's median across all types is AED 908 per sqft.
Source: Dubai Land Department. Updated 25 June 2024.
Questions about 503, Al Ramth 47
What did unit 503 last sell for?
AED 595,000 on 25 June 2024: AED 766 per sqft for 777 sqft. The unit has 2 registered sales; the first was AED 773,000 in November 2014.
What is the rent for unit 503?
AED 57,000 a year on the contract signed on 24 February 2024. The previous contract, from February 2021, was AED 32,000.
How big is unit 503?
777 sqft (72.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.
What is unit 503 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 47 sold for AED 615,000 to 630,000 in the last 12 months, around AED 908 per sqft.
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Mortgage on 503, Al Ramth 47
Starts from the last sale price (AED 595K, 25 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 595,000
- Deposit, UAE resident (20%)
- AED 119,000
- Deposit, non-resident (40%)
- AED 238,000
- Monthly over 25 years at 3.7%
- AED 2,434
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →