2-bed · 1,218 sqftAl Ramth 13, Remraam · 5th floor · completed 2021

502, Al Ramth 13

Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 2 November 2023
Last soldAED 1.41M9 November 2022
Current rentAED 70K /yr2 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Al Ramth 13

What is 502 worth today?

Last sold for AED 1,406,000 in 2022

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2 Nov 2023RentedRenewal
AED 70,000/yr12 months · AED 58 per sqft
9 Nov 2022Sold by developerReady
AED 1,406,000AED 1,153 per sqft
2 Nov 2022RentedNew contract
AED 70,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 2 November 2023.

Key facts

Type
2-bed apartment
Size
1,218 sqft
Floor
5th of 6
Parking
A13-G-09
Developer
Remraam
Completed
2021
Service charge
AED 18,100 /yr
Last sold
AED 1.41M · November 2022
Building
Al Ramth 13

About 502, Al Ramth 13

502 is a two-bedroom apartment of 1,218 sqft on the 5th floor of Al Ramth 13, a 6-storey tower in Remraam completed in 2021 by Remraam. The developer sold it on 9 November 2022 for AED 1,406,000, or AED 1,153 per sqft, 7% above the AED 1,079 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 2 November 2023, is AED 70,000 a year: a gross yield of 5.0% on the 2022 price, before the service charge of about AED 18,100 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical two-bed in Al Ramth 13
1.2M1.4M202220242026Typical sale price by year: 2022 AED 1,120,000; 2025 AED 1,136,500; 2026 AED 1,097,500Sold by developer, November 2022: AED 1,406,000 (AED 1,153 per sqft)

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

Rents
Unit 502, each contractTypical two-bed in Al Ramth 13
60K70K80K202220242026Typical rent by year: 2022 AED 60,000; 2023 AED 70,000; 2024 AED 72,500; 2025 AED 78,000; 2026 AED 82,000New contract, November 2022: AED 70,000 a yearRenewal, November 2023: AED 70,000 a year

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 13, and where 502 sits

All 32 2-beds →

502 last sold in November 2022 at AED 1,153 per sqft, 7% above what two-beds in Al Ramth 13 were fetching at the time (AED 1,079). Over the last 12 months two-beds sold for AED 900,000 to 1,360,000, around AED 1,085 per sqft, and rent for AED 67,113 to 105,000 a year. 502's AED 70,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Sep 20261,360,000
7 Sep 20261,145,000
31 Aug 2026900,000
22 Jul 20261,050,000
6 2-bed sales in the last 12 months

Al Ramth 13

Building

79 apartments, 1-bed to 2-bed over 6 floors in Remraam, completed in 2021 by Remraam. 8 sold in the last 12 months.

Typical price per sqft
AED 1,123
Typical sale
AED 1.06M
Typical rent
AED 55K /yr
Typical yield
8.0%
Al Ramth 13, Remraam: prices, sales and rents →

Other units on the 5th floor

All 79 units in Al Ramth 13
Value
5011-bedAED 712K · Mar 2022
5032-bedAED 1.3M · Oct 2022
5042-bedAED 1.05M · Jul 2026
5052-bedAED 1.1M · Sep 2022
5062-bedAED 1.36M · Sep 2026
5072-bedAED 1.35M · Jun 2022
5081-bedAED 614K · Oct 2024
1–7 of 8

502, Al Ramth 13 in numbers

  • Sold once: by Remraam on 9 November 2022 for AED 1,406,000, or AED 1,153 per sqft.
  • Rented since November 2022 on 2 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 5.0%, before a service charge of about AED 18,100 a year (AED 14.83 per sqft).
  • Two-beds in Al Ramth 13 sold for AED 900,000–1,360,000 in the 12 months to November 2026; the building's median across all types is AED 1,123 per sqft.

Source: Dubai Land Department. Updated 2 November 2023.

Questions about 502, Al Ramth 13

What did unit 502 last sell for?

AED 1,406,000 on 9 November 2022, sold by the developer: AED 1,153 per sqft for 1,218 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 70,000 a year on the contract renewed on 2 November 2023. The previous contract, from November 2022, was AED 70,000.

How big is unit 502?

1,218 sqft (113.2 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2021.

What is unit 502 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 13 sold for AED 900,000 to 1,360,000 in the last 12 months, around AED 1,085 per sqft.

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Mortgage on 502, Al Ramth 13

Starts from the last sale price (AED 1.41M, 9 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,406,000
Deposit, UAE resident (20%)
AED 281,200
Deposit, non-resident (40%)
AED 562,400
Monthly over 25 years at 3.7%
AED 5,752

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