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2-bed · 1,218 sqftAl Ramth 15, Remraam · 5th floor · completed 2021

502, Al Ramth 15

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

Unit 502 · DLD and Ejari recordsUpdated 12 October 2022
Last soldAED 1.41M12 October 2022
Current rentAED 65K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 502, Al Ramth 15

What is 502 worth today?

Last sold for AED 1,406,000 in 2022

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12 Oct 2022Sold by developerReady
AED 1,406,000AED 1,153 per sqft
1 Oct 2022RentedNew contract
AED 65,000/yr13 months · AED 53 per sqft

Source: Dubai Land Department. Updated 12 October 2022.

Key facts

Type
2-bed apartment
Size
1,218 sqft
Floor
5th of 6
Parking
A15-G-151
Developer
Remraam
Completed
2021
Service charge
AED 18,100 /yr
Last sold
AED 1.41M · October 2022
Building
Al Ramth 15

About 502, Al Ramth 15

502 is a two-bedroom apartment of 1,218 sqft on the 5th floor of Al Ramth 15, a 6-storey tower in Remraam completed in 2021 by Remraam. The developer sold it on 12 October 2022 for AED 1,406,000, or AED 1,153 per sqft, 5% above the AED 1,099 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2022. The current contract, signed on 1 October 2022, is AED 65,000 a year: a gross yield of 4.6% 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 15
1.2M1.4M202220242026Typical sale price by year: 2022 AED 1,120,000; 2024 AED 1,250,000; 2026 AED 1,135,000Sold by developer, October 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 15
60K70K80K202220242026Typical rent by year: 2022 AED 61,000; 2023 AED 65,000; 2024 AED 69,300; 2025 AED 80,000; 2026 AED 80,000New contract, October 2022: AED 65,000 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 15, and where 502 sits

All 32 2-beds →

502 last sold in October 2022 at AED 1,153 per sqft, 5% above what two-beds in Al Ramth 15 were fetching at the time (AED 1,099). Over the last 12 months two-beds sold for AED 930,000 to 1,365,000, around AED 1,075 per sqft, and rent for AED 65,331 to 107,509 a year. 502's AED 65,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20261,350,000
23 Sep 2026930,000
4 Sep 20261,365,000
20 Jul 20261,045,000
6 2-bed sales in the last 12 months

Al Ramth 15

Building

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

Typical price per sqft
AED 1,075
Typical sale
AED 1.09M
Typical rent
AED 56K /yr
Typical yield
8.8%
Al Ramth 15, Remraam: prices, sales and rents →

Other units on the 5th floor

All 79 units in Al Ramth 15
Value
5011-bedAED 471K · May 2022
5032-bedAED 1.3M · Sep 2022
5042-bedAED 1.1M · Sep 2022
5052-bedAED 1.14M · Mar 2026
5062-bedAED 1.28M · Aug 2022
5072-bedAED 1.35M · Jun 2022
5081-bedAED 698K · Feb 2020
1–7 of 8

502, Al Ramth 15 in numbers

  • Sold once: by Remraam on 12 October 2022 for AED 1,406,000, or AED 1,153 per sqft.
  • Rented since October 2022 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 4.6%, before a service charge of about AED 18,100 a year (AED 14.83 per sqft).
  • Two-beds in Al Ramth 15 sold for AED 930,000–1,365,000 in the 12 months to November 2026; the building's median across all types is AED 1,075 per sqft.

Source: Dubai Land Department. Updated 12 October 2022.

Questions about 502, Al Ramth 15

What did unit 502 last sell for?

AED 1,406,000 on 12 October 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 65,000 a year on the contract signed on 1 October 2022.

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 15 sold for AED 930,000 to 1,365,000 in the last 12 months, around AED 1,075 per sqft.

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Mortgage on 502, Al Ramth 15

Starts from the last sale price (AED 1.41M, 12 October 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 →