504, Al Ramth 47
Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Al Ramth 47
What is 504 worth today?
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Source: Dubai Land Department. Updated 25 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,109 sqft
- Floor
- 5th of 5
- Parking
- G-69
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 17,000 /yr
- Last sold
- AED 1.1M · May 2015
- Building
- Al Ramth 47
About 504, Al Ramth 47
504 is a two-bedroom apartment of 1,109 sqft on the 5th floor of Al Ramth 47, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 18 May 2015 for AED 1,104,000, or AED 995 per sqft, in line with the AED 980 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 25 September 2023, is AED 58,080 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 17,000 a year.
Sales and rents for 504 over time
504 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Ramth 47, and where 504 sits
All 16 2-beds →504 last sold in May 2015 at AED 995 per sqft, in line with what two-beds in Al Ramth 47 were fetching at the time (AED 980).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Feb 20248 February 2024 | 1,498 sqft | 950,000 | 634 | ||
| 12 Dec 202312 December 2023 | 1,006 sqft | 950,000 | 944 | ||
| 3 Aug 20233 August 2023 | 1,498 sqft | 1,050,000 | 700 | ||
| 6 Jul 20226 July 2022 | 1,498 sqft | 795,000 | 530 |
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 | |
| 503 | 1-bed | 777 sqft | AED 595KAED 595,000 · Jun 2024June 2024 | 57,000 /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 |
504, Al Ramth 47 in numbers
- Sold once: by Remraam on 18 May 2015 for AED 1,104,000, or AED 995 per sqft.
- Rented since August 2015 on 7 Ejari contracts, from AED 80,000 to AED 58,080 a year.
- At AED 58,080 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 17,000 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 25 September 2023.
Questions about 504, Al Ramth 47
What did unit 504 last sell for?
AED 1,104,000 on 18 May 2015, sold by the developer: AED 995 per sqft for 1,109 sqft. It is the only registered sale of the unit.
What is the rent for unit 504?
AED 58,080 a year on the contract renewed on 25 September 2023. The previous contract, from September 2022, was AED 52,800; the unit has been rented since August 2015.
How big is unit 504?
1,109 sqft (103.0 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.
What is unit 504 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 504, Al Ramth 47
Starts from the last sale price (AED 1.1M, 18 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,104,000
- Deposit, UAE resident (20%)
- AED 220,800
- Deposit, non-resident (40%)
- AED 441,600
- Monthly over 25 years at 3.7%
- AED 4,517
Plus AED 51,378 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →