501, Al Ramth 07
Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Al Ramth 07
What is 501 worth today?
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Source: Dubai Land Department. Updated 23 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 582 sqft
- Floor
- 5th of 5
- Parking
- A07-G-99
- Developer
- Remraam
- Completed
- 2021
- Service charge
- AED 9,300 /yr
- Last sold
- AED 650K · September 2024
- Building
- Al Ramth 07
About 501, Al Ramth 07
501 is a one-bedroom apartment of 582 sqft on the 5th floor of Al Ramth 07, a 5-storey tower in Remraam completed in 2021 by Remraam. It last sold on 23 September 2024 for AED 650,000, or AED 1,117 per sqft, in line with the AED 1,110 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 21 August 2024, is AED 54,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 9,300 a year.
Sales and rents for 501 over time
501 has sold 3 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 07, and where 501 sits
All 48 1-beds →501 last sold in September 2024 at AED 1,117 per sqft, in line with what one-beds in Al Ramth 07 were fetching at the time (AED 1,110). Over the last 12 months one-beds sold for AED 590,000 to 720,000, around AED 1,378 per sqft, and rent for AED 43,050 to 70,000 a year. 501's AED 54,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 477 sqft | 680,000 | 1,424 | ||
| 14 Oct 202614 October 2026 | 477 sqft | 590,000 | 1,235 | ||
| 2 Apr 20262 April 2026 | 522 sqft | 720,000 | 1,378 | ||
| 22 Jan 202622 January 2026 | 418 sqft | 600,000 | 1,436 |
Al Ramth 07
Building70 apartments, 1-bed to 2-bed over 5 floors in Remraam, completed in 2021 by Remraam. 10 sold in the last 12 months.
- Typical price per sqft
- AED 1,185 Up 13.7%
- Typical sale
- AED 860K
- Typical rent
- AED 57K /yr
- Typical yield
- 8.4%
Other units on the 5th floor
All 70 units in Al Ramth 07| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,218 sqft | AED 1.4MAED 1,401,000 · Oct 2022October 2022 | 110,000 /yr | |
| 503 | 2-bed | 1,218 sqft | AED 1.32MAED 1,324,000 · Aug 2022August 2022 | ||
| 506 | 2-bed | 1,218 sqft | AED 1.26MAED 1,261,000 · Oct 2023October 2023 | 78,000 /yr | |
| 507 | 2-bed | 1,219 sqft | AED 1.35MAED 1,350,000 · Jun 2022June 2022 | ||
| 508 | 1-bed | 582 sqft | AED 697KAED 697,000 · Mar 2022March 2022 | 55,000 /yr | |
| 509 | 1-bed | 418 sqft | AED 600KAED 600,000 · Jan 2026January 2026 | 43,050 /yr | |
| 504A | 1-bed | 477 sqft | AED 490KAED 490,000 · Feb 2024February 2024 | 55,000 /yr | |
| 504B | 1-bed | 522 sqft | AED 448KAED 447,600 · Jun 2022June 2022 | 55,000 /yr | |
| 505A | 1-bed | 522 sqft | AED 577KAED 577,000 · Feb 2020February 2020 | 47,916 /yr | |
| 505B | 1-bed | 477 sqft | AED 538KAED 538,000 · Sep 2023September 2023 | 55,000 /yr |
501, Al Ramth 07 in numbers
- Sold 3 times: first on 22 February 2018 for AED 710,000, last on 23 September 2024 for AED 650,000 (AED 1,117 per sqft).
- Rented since July 2022 on 5 Ejari contracts, from AED 40,000 to AED 54,000 a year.
- At AED 54,000 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 9,300 a year (AED 16.02 per sqft).
- One-beds in Al Ramth 07 sold for AED 590,000–720,000 in the 12 months to November 2026; the building's median across all types is AED 1,185 per sqft.
Source: Dubai Land Department. Updated 23 September 2024.
Questions about 501, Al Ramth 07
What did unit 501 last sell for?
AED 650,000 on 23 September 2024: AED 1,117 per sqft for 582 sqft. The unit has 3 registered sales; the first was AED 710,000 in February 2018.
What is the rent for unit 501?
AED 54,000 a year on the contract signed on 21 August 2024. The previous contract, from December 2023, was AED 50,000; the unit has been rented since July 2022.
How big is unit 501?
582 sqft (54.1 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.
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 07 sold for AED 590,000 to 720,000 in the last 12 months, around AED 1,378 per sqft.
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Mortgage on 501, Al Ramth 07
Starts from the last sale price (AED 650K, 23 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →