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1-bed · 665 sqftAl Ramth 01, Remraam · 5th floor · completed 2011

501, Al Ramth 01

Sold prices and rental history: sold once, by the developer in November 2014, and rented once, from April 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 20 April 2015
Last soldAED 662K16 November 2014
Current rentAED 53K /yr20 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, Al Ramth 01

What is 501 worth today?

Last sold for AED 662,000 in 2014

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20 Apr 2015RentedNew contract
AED 53,000/yr12 months · AED 79 per sqft
16 Nov 2014Sold by developerReady
AED 662,000AED 995 per sqft

Source: Dubai Land Department. Updated 20 April 2015.

Key facts

Type
1-bed apartment
Size
665 sqft
Floor
5th of 5
Parking
G-95
Developer
Remraam
Completed
2011
Service charge
AED 10,200 /yr
Last sold
AED 662K · November 2014
Building
Al Ramth 01

About 501, Al Ramth 01

501 is a one-bedroom apartment of 665 sqft on the 5th floor of Al Ramth 01, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 16 November 2014 for AED 662,000, or AED 995 per sqft, in line with the AED 1,004 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 April 2015. The current contract, signed on 20 April 2015, is AED 53,000 a year: a gross yield of 8.0% on the 2014 price, before the service charge of about AED 10,200 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Al Ramth 01
700K800K20132014201520162017Typical sale price by year: 2013 AED 786,380; 2014 AED 681,000; 2015 AED 686,000; 2016 AED 786,805Sold by developer, November 2014: AED 662,000 (AED 995 per sqft)

501 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 501, each contractTypical one-bed in Al Ramth 01
40K60K2014201820222026Typical rent by year: 2014 AED 55,000; 2015 AED 55,000; 2016 AED 60,500; 2017 AED 53,500; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 36,500; 2021 AED 31,500; 2022 AED 32,500; 2023 AED 40,000; 2024 AED 47,150; 2025 AED 50,000; 2026 AED 54,164New contract, April 2015: AED 53,000 a year

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 01, and where 501 sits

All 21 1-beds →

501 last sold in November 2014 at AED 995 per sqft, in line with what one-beds in Al Ramth 01 were fetching at the time (AED 1,004). Over the last 12 months one-beds sold for AED 750,000 to 900,000, around AED 883 per sqft, and rent for AED 46,200 to 75,000 a year. 501's AED 53,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Apr 2026750,000
9 Apr 2026900,000
4 Jul 2024568,000
1 Jul 2024665,000
2 1-bed sales in the last 12 months

Al Ramth 01

Building

45 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 883
Typical sale
AED 825K
Typical rent
AED 61K /yr
Typical yield
8.7%
Al Ramth 01, Remraam: prices, sales and rents →

Other units on the 5th floor

All 45 units in Al Ramth 01
Value
5021-bedAED 786K · Dec 2013
5031-bedAED 786K · Dec 2013
5042-bedAED 552K · Jan 2015
5052-bedAED 920K · Oct 2024
5061-bedAED 773K · Oct 2014
5071-bedAED 786K · Dec 2013
5081-bedAED 686K · Feb 2015
1–7 of 8

501, Al Ramth 01 in numbers

  • Sold once: by Remraam on 16 November 2014 for AED 662,000, or AED 995 per sqft.
  • Rented since April 2015 on one Ejari contract, at AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2014 price is 8.0%, before a service charge of about AED 10,200 a year (AED 15.34 per sqft).
  • One-beds in Al Ramth 01 sold for AED 750,000–900,000 in the 12 months to November 2026; the building's median across all types is AED 883 per sqft.

Source: Dubai Land Department. Updated 20 April 2015.

Questions about 501, Al Ramth 01

What did unit 501 last sell for?

AED 662,000 on 16 November 2014, sold by the developer: AED 995 per sqft for 665 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 53,000 a year on the contract signed on 20 April 2015.

How big is unit 501?

665 sqft (61.8 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.

What is unit 501 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 01 sold for AED 750,000 to 900,000 in the last 12 months, around AED 883 per sqft.

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Mortgage on 501, Al Ramth 01

Starts from the last sale price (AED 662K, 16 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 662,000
Deposit, UAE resident (20%)
AED 132,400
Deposit, non-resident (40%)
AED 264,800
Monthly over 25 years at 3.7%
AED 2,708

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →