503, Al Ramth 05
Sold prices and rental history: sold 3 times, last in July 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Al Ramth 05
What is 503 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,219 sqft
- Floor
- 5th of 5
- Parking
- A05-G-06
- Developer
- Remraam
- Completed
- 2021
- Service charge
- AED 18,100 /yr
- Last sold
- AED 1.16M · July 2024
- Building
- Al Ramth 05
About 503, Al Ramth 05
503 is a two-bedroom apartment of 1,219 sqft on the 5th floor of Al Ramth 05, a 5-storey tower in Remraam completed in 2021 by Remraam. It last sold on 10 July 2024 for AED 1,160,000, or AED 951 per sqft, in line with the AED 951 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 August 2024, is AED 80,250 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 18,100 a year.
Sales and rents for 503 over time
503 has sold 3 times; 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 05, and where 503 sits
All 22 2-beds →503 last sold in July 2024 at AED 951 per sqft, in line with what two-beds in Al Ramth 05 were fetching at the time (AED 951). Over the last 12 months two-beds sold for AED 1,000,000 to 1,500,000, around AED 1,049 per sqft, and rent for AED 72,765 to 96,000 a year. 503's AED 80,250 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jul 202627 July 2026 | 1,219 sqft | 1,250,000 | 1,025 | ||
| 10 Jul 202610 July 2026 | 953 sqft | 1,000,000 | 1,049 | ||
| 25 Mar 202625 March 2026 | 1,219 sqft | 1,500,000 | 1,230 | ||
| 4 Feb 20264 February 2026 | 1,219 sqft | 1,270,000 | 1,041 |
Al Ramth 05
Building70 apartments, 1-bed to 2-bed over 5 floors in Remraam, completed in 2021 by Remraam. 11 sold in the last 12 months.
- Typical price per sqft
- AED 1,081
- Typical sale
- AED 800K
- Typical rent
- AED 57K /yr
- Typical yield
- 9.0%
Other units on the 5th floor
All 70 units in Al Ramth 05| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 697 sqft | AED 829KAED 829,000 · Mar 2022March 2022 | 60,000 /yr | |
| 502 | 2-bed | 1,219 sqft | AED 1.32MAED 1,324,000 · Oct 2023October 2023 | ||
| 506 | 2-bed | 1,219 sqft | AED 1.26MAED 1,261,000 · Apr 2022April 2022 | ||
| 507 | 2-bed | 1,219 sqft | AED 1.27MAED 1,270,000 · Feb 2026February 2026 | 95,000 /yr | |
| 508 | 1-bed | 697 sqft | AED 800KAED 800,000 · Mar 2026March 2026 | ||
| 509 | 1-bed | 396 sqft | AED 454KAED 454,000 · Jun 2018June 2018 | 50,000 /yr | |
| 504A | 1-bed | 477 sqft | AED 505KAED 505,000 · May 2018May 2018 | 49,612 /yr | |
| 504B | 1-bed | 522 sqft | AED 577KAED 577,000 · Jul 2018July 2018 | 59,000 /yr | |
| 505A | 1-bed | 522 sqft | AED 480KAED 480,000 · Jan 2024January 2024 | 57,750 /yr | |
| 505B | 1-bed | 477 sqft | AED 750KAED 750,000 · Apr 2026April 2026 | 53,000 /yr |
503, Al Ramth 05 in numbers
- Sold 3 times: first on 10 March 2022 for AED 1,223,000, last on 10 July 2024 for AED 1,160,000 (AED 951 per sqft).
- Rented since July 2022 on 3 Ejari contracts, from AED 70,000 to AED 80,250 a year.
- At AED 80,250 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 18,100 a year (AED 14.83 per sqft).
- Two-beds in Al Ramth 05 sold for AED 1,000,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,081 per sqft.
Source: Dubai Land Department. Updated 1 August 2024.
Questions about 503, Al Ramth 05
What did unit 503 last sell for?
AED 1,160,000 on 10 July 2024: AED 951 per sqft for 1,219 sqft. The unit has 3 registered sales; the first was AED 1,223,000 in March 2022.
What is the rent for unit 503?
AED 80,250 a year on the contract signed on 1 August 2024. The previous contract, from July 2023, was AED 73,000; the unit has been rented since July 2022.
How big is unit 503?
1,219 sqft (113.2 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Ramth 05 sold for AED 1,000,000 to 1,500,000 in the last 12 months, around AED 1,049 per sqft.
Selling 503? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 503, Al Ramth 05
Starts from the last sale price (AED 1.16M, 10 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,160,000
- Deposit, UAE resident (20%)
- AED 232,000
- Deposit, non-resident (40%)
- AED 464,000
- Monthly over 25 years at 3.7%
- AED 4,746
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →