503, Al Ramth 15
Sold prices and rental history: sold once, by the developer in September 2022, 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 15
What is 503 worth today?
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Source: Dubai Land Department. Updated 15 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,218 sqft
- Floor
- 5th of 6
- Parking
- A15-G-150
- Developer
- Remraam
- Completed
- 2021
- Service charge
- AED 18,100 /yr
- Last sold
- AED 1.3M · September 2022
- Building
- Al Ramth 15
About 503, Al Ramth 15
503 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 19 September 2022 for AED 1,304,000, or AED 1,070 per sqft, in line with the AED 1,082 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 15 October 2024, is AED 110,000 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 18,100 a year.
Sales and rents for 503 over time
503 has sold once; 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 15, and where 503 sits
All 32 2-beds →503 last sold in September 2022 at AED 1,070 per sqft, in line with what two-beds in Al Ramth 15 were fetching at the time (AED 1,082). 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. 503's AED 110,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 1,416 sqft | 1,350,000 | 953 | ||
| 23 Sep 202623 September 2026 | 1,243 sqft | 930,000 | 747 | ||
| 4 Sep 20264 September 2026 | 1,218 sqft | 1,365,000 | 1,120 | ||
| 20 Jul 202620 July 2026 | 951 sqft | 1,045,000 | 1,099 |
Al Ramth 15
Building79 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%
Other units on the 5th floor
All 79 units in Al Ramth 15| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 582 sqft | AED 471KAED 471,420 · May 2022May 2022 | 55,000 /yr | |
| 502 | 2-bed | 1,218 sqft | AED 1.41MAED 1,406,000 · Oct 2022October 2022 | 65,000 /yr | |
| 504 | 2-bed | 996 sqft | AED 1.1MAED 1,102,000 · Sep 2022September 2022 | 80,000 /yr | |
| 505 | 2-bed | 996 sqft | AED 1.14MAED 1,135,000 · Mar 2026March 2026 | 78,000 /yr | |
| 506 | 2-bed | 1,218 sqft | AED 1.28MAED 1,278,000 · Aug 2022August 2022 | 80,000 /yr | |
| 507 | 2-bed | 1,218 sqft | AED 1.35MAED 1,354,000 · Jun 2022June 2022 | ||
| 508 | 1-bed | 582 sqft | AED 698KAED 698,000 · Feb 2020February 2020 | 57,000 /yr | |
| 509 | 1-bed | 403 sqft | AED 468KAED 468,000 · Jan 2020January 2020 | 47,500 /yr |
503, Al Ramth 15 in numbers
- Sold once: by Remraam on 19 September 2022 for AED 1,304,000, or AED 1,070 per sqft.
- Rented since September 2022 on 3 Ejari contracts, from AED 70,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2022 price is 8.4%, 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 15 October 2024.
Questions about 503, Al Ramth 15
What did unit 503 last sell for?
AED 1,304,000 on 19 September 2022, sold by the developer: AED 1,070 per sqft for 1,218 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 110,000 a year on the contract signed on 15 October 2024. The previous contract, from September 2023, was AED 70,000; the unit has been rented since September 2022.
How big is unit 503?
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 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 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 503, Al Ramth 15
Starts from the last sale price (AED 1.3M, 19 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,304,000
- Deposit, UAE resident (20%)
- AED 260,800
- Deposit, non-resident (40%)
- AED 521,600
- Monthly over 25 years at 3.7%
- AED 5,335
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →