503, Al Ramth 01
Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Al Ramth 01
What is 503 worth today?
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Source: Dubai Land Department. Updated 20 October 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 777 sqft
- Floor
- 5th of 5
- Parking
- G-93
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,900 /yr
- Last sold
- AED 786K · December 2013
- Building
- Al Ramth 01
About 503, Al Ramth 01
503 is a one-bedroom apartment of 777 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 23 December 2013 for AED 786,380, or AED 1,012 per sqft, in line with the AED 1,012 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 20 October 2020, is AED 30,000 a year: a gross yield of 3.8% on the 2013 price, before the service charge of about AED 11,900 a year.
Sales and rents for 503 over time
503 has sold once; 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 01, and where 503 sits
All 21 1-beds →503 last sold in December 2013 at AED 1,012 per sqft, in line with what one-beds in Al Ramth 01 were fetching at the time (AED 1,012). 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. 503's AED 30,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Apr 202610 April 2026 | 758 sqft | 750,000 | 989 | ||
| 9 Apr 20269 April 2026 | 1,160 sqft | 900,000 | 776 | ||
| 4 Jul 20244 July 2024 | 758 sqft | 568,000 | 749 | ||
| 1 Jul 20241 July 2024 | 1,182 sqft | 665,000 | 562 |
Al Ramth 01
Building45 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%
Other units on the 5th floor
All 45 units in Al Ramth 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 665 sqft | AED 662KAED 662,000 · Nov 2014November 2014 | 53,000 /yr | |
| 502 | 1-bed | 777 sqft | AED 786KAED 786,380 · Dec 2013December 2013 | 47,150 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 552KAED 552,000 · Jan 2015January 2015 | 80,000 /yr | |
| 505 | 2-bed | 1,109 sqft | AED 920KAED 920,000 · Oct 2024October 2024 | 85,000 /yr | |
| 506 | 1-bed | 777 sqft | AED 773KAED 773,000 · Oct 2014October 2014 | 52,000 /yr | |
| 507 | 1-bed | 777 sqft | AED 786KAED 786,380 · Dec 2013December 2013 | 60,000 /yr | |
| 508 | 1-bed | 689 sqft | AED 686KAED 686,000 · Feb 2015February 2015 | 56,327 /yr | |
| 509 | Studio | 468 sqft | AED 264KAED 264,000 · Nov 2022November 2022 | 35,000 /yr |
503, Al Ramth 01 in numbers
- Sold once: by Remraam on 23 December 2013 for AED 786,380, or AED 1,012 per sqft.
- Rented since January 2014 on 6 Ejari contracts, from AED 55,000 to AED 30,000 a year.
- At AED 30,000 a year the gross yield on the 2013 price is 3.8%, before a service charge of about AED 11,900 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 October 2020.
Questions about 503, Al Ramth 01
What did unit 503 last sell for?
AED 786,380 on 23 December 2013, sold by the developer: AED 1,012 per sqft for 777 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 30,000 a year on the contract signed on 20 October 2020. The previous contract, from November 2019, was AED 40,000; the unit has been rented since January 2014.
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 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 503, Al Ramth 01
Starts from the last sale price (AED 786K, 23 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 786,380
- Deposit, UAE resident (20%)
- AED 157,276
- Deposit, non-resident (40%)
- AED 314,552
- Monthly over 25 years at 3.7%
- AED 3,217
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →