509, Al Ramth 03
Sold prices and rental history: sold twice, last in November 2022, 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 509, Al Ramth 03
What is 509 worth today?
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Source: Dubai Land Department. Updated 20 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 468 sqft
- Floor
- 5th of 5
- Parking
- G-74
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,200 /yr
- Last sold
- AED 250K · November 2022
- Building
- Al Ramth 03
About 509, Al Ramth 03
509 is a studio of 468 sqft on the 5th floor of Al Ramth 03, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 25 November 2022 for AED 250,000, or AED 533 per sqft, 17% below the AED 640 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 20 May 2026, is AED 40,000 a year: a gross yield of 16.0% on the 2022 price, before the service charge of about AED 7,200 a year.
Sales and rents for 509 over time
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Ramth 03, and where 509 sits
All 4 studios →509 last sold in November 2022 at AED 533 per sqft, 17% below what studios in Al Ramth 03 were fetching at the time (AED 640).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Mar 20233 March 2023 | 468 sqft | 270,000 | 576 | ||
| 14 Dec 202114 December 2021 | 312 sqft | 200,000 | 640 | ||
| 14 Dec 202114 December 2021 | 312 sqft | 200,000 | 640 | ||
| 8 Dec 20218 December 2021 | 468 sqft | 20,279 | 43 |
Al Ramth 03
Building44 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,133
- Typical sale
- AED 1.7M
- Typical rent
- AED 61K /yr
- Typical yield
- 6.4%
Other units on the 5th floor
All 44 units in Al Ramth 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 686KAED 686,000 · Dec 2014December 2014 | 58,847 /yr | |
| 502 | 1-bed | 518 sqft | AED 330KAED 330,000 · Dec 2021December 2021 | 110,000 /yr | |
| 503 | 1-bed | 517 sqft | AED 330KAED 330,000 · Dec 2021December 2021 | 47,418 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 1.09MAED 1,093,400 · Dec 2016December 2016 | 68,000 /yr | |
| 505 | 2-bed | 1,109 sqft | AED 580KAED 580,000 · Feb 2021February 2021 | 48,000 /yr | |
| 507 | 1-bed | 777 sqft | AED 620KAED 620,000 · Jul 2024July 2024 | 57,000 /yr | |
| 508 | 1-bed | 665 sqft | AED 662KAED 662,000 · Dec 2014December 2014 | 54,000 /yr |
509, Al Ramth 03 in numbers
- Sold twice: first on 29 October 2015 for AED 467,000, last on 25 November 2022 for AED 250,000 (AED 533 per sqft).
- Rented since March 2015 on 8 Ejari contracts. The rent fell from AED 44,554 to AED 19,000 in 2021 and recovered to AED 40,000 by May 2026.
- At AED 40,000 a year the gross yield on the 2022 price is 16.0%, before a service charge of about AED 7,200 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 20 May 2026.
Questions about 509, Al Ramth 03
What did unit 509 last sell for?
AED 250,000 on 25 November 2022: AED 533 per sqft for 468 sqft. The unit has 2 registered sales; the first was AED 467,000 in October 2015.
What is the rent for unit 509?
AED 40,000 a year on the contract signed on 20 May 2026. The previous contract, from October 2025, was AED 44,000; the unit has been rented since March 2015.
How big is unit 509?
468 sqft (43.5 sqm): a studio on the 5th floor of a 5-storey tower completed in 2011.
What is unit 509 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 509, Al Ramth 03
Starts from the last sale price (AED 250K, 25 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 250,000
- Deposit, UAE resident (20%)
- AED 50,000
- Deposit, non-resident (40%)
- AED 100,000
- Monthly over 25 years at 3.7%
- AED 1,023
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →