503, Al Ramth 59
Sold prices and rental history: sold 6 times, last in October 2024, 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 503, Al Ramth 59
What is 503 worth today?
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Source: Dubai Land Department. Updated 20 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 758 sqft
- Floor
- 5th of 6
- Parking
- G-68
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,600 /yr
- Last sold
- AED 758K · October 2024
- Building
- Al Ramth 59
About 503, Al Ramth 59
503 is a one-bedroom apartment of 758 sqft on the 5th floor of Al Ramth 59, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 2 October 2024 for AED 758,210, or AED 999 per sqft, 94% above the AED 515 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 20 November 2024, is AED 45,344 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 11,600 a year.
Sales and rents for 503 over time
503 has sold 6 times; 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 59, and where 503 sits
All 24 1-beds →503 last sold in October 2024 at AED 999 per sqft, 94% above what one-beds in Al Ramth 59 were fetching at the time (AED 515). Over the last 12 months one-beds sold for AED 1,043,730, around AED 899 per sqft, and rent for AED 48,300 to 59,000 a year. 503's AED 45,344 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 1,160 sqft | 1,043,730 | 899 | ||
| 24 Apr 202524 April 2025 | 1,112 sqft | 1,029,016 | 924 | ||
| 10 Apr 202510 April 2025 | 1,112 sqft | 1,000,000 | 898 | ||
| 24 Jan 202524 January 2025 | 689 sqft | 688,890 | 999 |
Al Ramth 59
Building57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 7 sold in the last 12 months.
- Typical price per sqft
- AED 924
- Typical sale
- AED 1.48M
- Typical rent
- AED 56K /yr
- Typical yield
- 8.8%
Other units on the 5th floor
All 57 units in Al Ramth 59| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 689KAED 688,890 · Nov 2024November 2024 | 44,500 /yr | |
| 502 | 1-bed | 758 sqft | AED 758KAED 758,210 · Aug 2024August 2024 | 46,100 /yr | |
| 504 | 2-bed | 1,006 sqft | AED 980KAED 980,421 · Nov 2024November 2024 | 63,600 /yr | |
| 505 | 2-bed | 1,006 sqft | AED 980KAED 980,421 · Aug 2024August 2024 | 63,545 /yr | |
| 506 | 1-bed | 758 sqft | AED 758KAED 758,210 · Sep 2024September 2024 | 62,000 /yr | |
| 507 | 1-bed | 758 sqft | AED 758KAED 758,210 · Aug 2024August 2024 | 60,000 /yr | |
| 508 | 1-bed | 665 sqft | AED 665KAED 665,100 · Sep 2024September 2024 | 41,411 /yr | |
| 509 | Studio | 468 sqft | AED 351KAED 351,090 · Dec 2024December 2024 | 40,000 /yr |
503, Al Ramth 59 in numbers
- Sold 6 times: first on 7 April 2009 for AED 1,030,928, last on 2 October 2024 for AED 758,210 (AED 999 per sqft).
- Rented since July 2013 on 8 Ejari contracts, from AED 26,740 to AED 45,344 a year.
- At AED 45,344 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 11,600 a year (AED 15.34 per sqft).
- One-beds in Al Ramth 59 sold for AED 1,043,730–1,043,730 in the 12 months to November 2026; the building's median across all types is AED 924 per sqft.
Source: Dubai Land Department. Updated 20 November 2024.
Questions about 503, Al Ramth 59
What did unit 503 last sell for?
AED 758,210 on 2 October 2024: AED 999 per sqft for 758 sqft. The unit has 6 registered sales; the first was AED 1,030,928 in April 2009.
What is the rent for unit 503?
AED 45,344 a year on the contract renewed on 20 November 2024. The previous contract, from November 2023, was AED 40,609; the unit has been rented since July 2013.
How big is unit 503?
758 sqft (70.4 sqm): a one-bedroom apartment on the 5th floor of a 6-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 59 sold for AED 1,043,730 to 1,043,730 in the last 12 months, around AED 899 per sqft.
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Mortgage on 503, Al Ramth 59
Starts from the last sale price (AED 758K, 2 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 758,210
- Deposit, UAE resident (20%)
- AED 151,642
- Deposit, non-resident (40%)
- AED 303,284
- Monthly over 25 years at 3.7%
- AED 3,102
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →