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2-bed · 1,006 sqftAl Ramth 21, Remraam · 5th floor · completed 2011

504, Al Ramth 21

Sold prices and rental history: sold twice, last in January 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 4 January 2023
Last soldAED 595K4 January 2023
Current rentAED 40K /yr1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504, Al Ramth 21

What is 504 worth today?

Last sold for AED 595,000 in 2023

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4 Jan 2023SoldReady
AED 595,000AED 591 per sqft
1 Oct 2020RentedNew contract
AED 40,000/yr12 months · AED 40 per sqft
20 Jan 2018RentedNew contract
AED 68,000/yr12 months · AED 68 per sqft
5 Jan 2015Sold by developerReady
AED 951,000AED 945 per sqft

Source: Dubai Land Department. Updated 4 January 2023.

Key facts

Type
2-bed apartment
Size
1,006 sqft
Floor
5th of 6
Parking
G-92
Developer
Remraam
Completed
2011
Service charge
AED 15,400 /yr
Last sold
AED 595K · January 2023
Building
Al Ramth 21

About 504, Al Ramth 21

504 is a two-bedroom apartment of 1,006 sqft on the 5th floor of Al Ramth 21, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 4 January 2023 for AED 595,000, or AED 591 per sqft.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 October 2020, is AED 40,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 15,400 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Al Ramth 21
500K1M1.5M2014201720202023Typical sale price by year: 2014 AED 1,369,500; 2015 AED 996,000; 2016 AED 1,175,000; 2023 AED 700,000Sold by developer, January 2015: AED 951,000 (AED 945 per sqft)Sold, January 2023: AED 595,000 (AED 591 per sqft)

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

Rents
Unit 504, each contractTypical two-bed in Al Ramth 21
40K60K80K2014201820222026Typical rent by year: 2014 AED 73,000; 2015 AED 75,000; 2016 AED 76,000; 2017 AED 76,000; 2018 AED 73,000; 2019 AED 58,000; 2020 AED 53,500; 2021 AED 46,500; 2022 AED 53,500; 2023 AED 70,000; 2024 AED 76,500; 2025 AED 76,500; 2026 AED 68,000New contract, January 2018: AED 68,000 a yearNew contract, October 2020: AED 40,000 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 21, and where 504 sits

All 20 2-beds →

504's AED 40,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Dec 20241,050,000
5 Aug 2024825,000
8 Dec 2023700,000
23 Jun 2023780,000
0 2-bed sales in the last 12 months

Al Ramth 21

Building

52 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 946
Typical sale
AED 735K
Typical rent
AED 60K /yr
Typical yield
7.4%
Al Ramth 21, Remraam: prices, sales and rents →

Other units on the 5th floor

All 52 units in Al Ramth 21
Value
5011-bedAED 927K · Feb 2014
5021-bedAED 786K · Oct 2013
5031-bedAED 755K · Dec 2014
5052-bedAED 825K · Aug 2024
5061-bedAED 780K · Sep 2025
5071-bedAED 755K · Dec 2014
5081-bedAED 575K · Jan 2025
1–7 of 8

504, Al Ramth 21 in numbers

  • Sold twice: first on 5 January 2015 for AED 951,000, last on 4 January 2023 for AED 595,000 (AED 591 per sqft).
  • Rented since January 2018 on 2 Ejari contracts, from AED 68,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 15,400 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 4 January 2023.

Questions about 504, Al Ramth 21

What did unit 504 last sell for?

AED 595,000 on 4 January 2023: AED 591 per sqft for 1,006 sqft. The unit has 2 registered sales; the first was AED 951,000 in January 2015.

What is the rent for unit 504?

AED 40,000 a year on the contract signed on 1 October 2020. The previous contract, from January 2018, was AED 68,000.

How big is unit 504?

1,006 sqft (93.5 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2011.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 504, Al Ramth 21

Starts from the last sale price (AED 595K, 4 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 595,000
Deposit, UAE resident (20%)
AED 119,000
Deposit, non-resident (40%)
AED 238,000
Monthly over 25 years at 3.7%
AED 2,434

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