2-bed · 1,219 sqftAl Ramth 07, Remraam · 5th floor · completed 2021

507, Al Ramth 07

Sold prices and rental history: sold twice, last in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 30 June 2022
Last soldAED 1.34M30 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Al Ramth 07

What is 507 worth today?

Last sold for AED 1,337,000 in 2022

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30 Jun 2022Sold by developerReady
AED 1,337,000AED 1,096 per sqft
30 Jun 2022SoldReady
AED 1,350,000AED 1,108 per sqft

Source: Dubai Land Department. Updated 30 June 2022.

Key facts

Type
2-bed apartment
Size
1,219 sqft
Floor
5th of 5
Parking
A07-G-123
Developer
Remraam
Completed
2021
Service charge
AED 19,500 /yr
Last sold
AED 1.34M · June 2022
Building
Al Ramth 07

About 507, Al Ramth 07

507 is a two-bedroom apartment of 1,219 sqft on the 5th floor of Al Ramth 07, a 5-storey tower in Remraam completed in 2021 by Remraam. The developer sold it on 30 June 2022 for AED 1,337,000, or AED 1,096 per sqft, in line with the AED 1,074 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in Al Ramth 07
1M1.2M1.4M2018202120242027Typical sale price by year: 2018 AED 1,013,000; 2021 AED 1,249,000; 2022 AED 1,274,000; 2025 AED 1,425,000; 2026 AED 1,121,000Sold by developer, June 2022: AED 1,337,000 (AED 1,096 per sqft)Sold, June 2022: AED 1,350,000 (AED 1,108 per sqft)

507 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 507, each contractTypical two-bed in Al Ramth 07
80K202220242026Typical rent by year: 2022 AED 69,000; 2023 AED 69,500; 2024 AED 75,505; 2025 AED 85,960; 2026 AED 91,500

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 07, and where 507 sits

All 22 2-beds →

507 last sold in June 2022 at AED 1,096 per sqft, in line with what two-beds in Al Ramth 07 were fetching at the time (AED 1,074). Over the last 12 months two-beds sold for AED 1,000,000 to 1,400,000, around AED 988 per sqft, and rent for AED 75,000 to 110,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Oct 20261,121,000
15 Sep 20261,166,000
17 Aug 20261,079,000
5 Aug 20261,000,000
5 2-bed sales in the last 12 months

Al Ramth 07

Building

70 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%
Al Ramth 07, Remraam: prices, sales and rents →

Other units on the 5th floor

All 70 units in Al Ramth 07
Value
5011-bedAED 650K · Sep 2024
5022-bedAED 1.4M · Oct 2022
5032-bedAED 1.32M · Aug 2022
5062-bedAED 1.26M · Oct 2023
5081-bedAED 697K · Mar 2022
5091-bedAED 600K · Jan 2026
504A1-bedAED 490K · Feb 2024
1–7 of 10

507, Al Ramth 07 in numbers

  • Sold twice: first on 30 June 2022 for AED 1,350,000, last on 30 June 2022 for AED 1,337,000 (AED 1,096 per sqft).
  • Two-beds in Al Ramth 07 sold for AED 1,000,000–1,400,000 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 30 June 2022.

Questions about 507, Al Ramth 07

What did unit 507 last sell for?

AED 1,337,000 on 30 June 2022, sold by the developer: AED 1,096 per sqft for 1,219 sqft. The unit has 2 registered sales; the first was AED 1,350,000 in June 2022.

How big is unit 507?

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 507 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 07 sold for AED 1,000,000 to 1,400,000 in the last 12 months, around AED 988 per sqft.

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Mortgage on 507, Al Ramth 07

Starts from the last sale price (AED 1.34M, 30 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,337,000
Deposit, UAE resident (20%)
AED 267,400
Deposit, non-resident (40%)
AED 534,800
Monthly over 25 years at 3.7%
AED 5,470

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