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1-bed · 777 sqftAl Ramth 23, Remraam · 5th floor · completed 2011

502, Al Ramth 23

Sold prices and rental history: sold 4 times, last in October 2023, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 23 October 2023
Last soldAED 505K23 October 2023
Current rentAED 35K /yr17 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 502, Al Ramth 23

What is 502 worth today?

Last sold for AED 505,000 in 2023

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23 Oct 2023SoldReady
AED 505,000AED 650 per sqft
25 Apr 2021SoldReady
AED 450,000AED 579 per sqft
17 May 2020RentedRenewal
AED 35,000/yr12 months · AED 45 per sqft
17 May 2019RentedNew contract
AED 42,000/yr12 months · AED 54 per sqft
20 Sep 2015RentedNew contract
AED 56,000/yr12 months · AED 72 per sqft
12 Aug 2015SoldReady
AED 773,000AED 995 per sqft
3 May 2015Sold by developerReady
AED 773,000AED 995 per sqft

Source: Dubai Land Department. Updated 23 October 2023.

Key facts

Type
1-bed apartment
Size
777 sqft
Floor
5th of 5
Parking
G-67
Developer
Remraam
Completed
2011
Service charge
AED 11,900 /yr
Last sold
AED 505K · October 2023
Building
Al Ramth 23

About 502, Al Ramth 23

502 is a one-bedroom apartment of 777 sqft on the 5th floor of Al Ramth 23, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 23 October 2023 for AED 505,000, or AED 650 per sqft.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 17 May 2020, is AED 35,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 11,900 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Al Ramth 23
400K600K800K2013201720212025Typical sale price by year: 2013 AED 734,009; 2014 AED 677,938; 2015 AED 713,500; 2025 AED 575,000Sold by developer, May 2015: AED 773,000 (AED 995 per sqft)Sold, August 2015: AED 773,000 (AED 995 per sqft)Sold, April 2021: AED 450,000 (AED 579 per sqft)Sold, October 2023: AED 505,000 (AED 650 per sqft)

502 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 502, each contractTypical one-bed in Al Ramth 23
40K60K2014201820222026Typical rent by year: 2014 AED 50,000; 2015 AED 55,000; 2016 AED 56,500; 2017 AED 57,000; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 37,000; 2021 AED 29,500; 2022 AED 32,500; 2023 AED 37,100; 2024 AED 42,000; 2025 AED 57,000; 2026 AED 61,500New contract, September 2015: AED 56,000 a yearNew contract, May 2019: AED 42,000 a yearRenewal, May 2020: AED 35,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Ramth 23, and where 502 sits

All 20 1-beds →

Over the last 12 months one-beds sold for AED 625,000 to 690,000, around AED 954 per sqft, and rent for AED 46,200 to 70,000 a year. 502's AED 35,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Aug 2026625,000
14 Jan 2026690,000
23 Oct 2025700,000
4 Aug 2025665,000
2 1-bed sales in the last 12 months

Al Ramth 23

Building

45 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.

Typical price per sqft
AED 973
Typical sale
AED 820K
Typical rent
AED 66K /yr
Typical yield
8.0%
Al Ramth 23, Remraam: prices, sales and rents →

Other units on the 5th floor

All 45 units in Al Ramth 23
Value
5011-bedAED 690K · Jan 2026
5031-bedAED 460K · Jun 2024
5042-bedAED 1.14M · Jan 2026
5052-bedAED 1.1M · Jan 2016
5061-bedAED 365K · Oct 2020
5071-bedAED 665K · Aug 2025
5081-bedAED 560K · Jul 2025
1–7 of 8

502, Al Ramth 23 in numbers

  • Sold 4 times: first on 3 May 2015 for AED 773,000, last on 23 October 2023 for AED 505,000 (AED 650 per sqft).
  • Rented since September 2015 on 3 Ejari contracts, from AED 56,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 11,900 a year (AED 15.34 per sqft).
  • One-beds in Al Ramth 23 sold for AED 625,000–690,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 23 October 2023.

Questions about 502, Al Ramth 23

What did unit 502 last sell for?

AED 505,000 on 23 October 2023: AED 650 per sqft for 777 sqft. The unit has 4 registered sales; the first was AED 773,000 in May 2015.

What is the rent for unit 502?

AED 35,000 a year on the contract renewed on 17 May 2020. The previous contract, from May 2019, was AED 42,000; the unit has been rented since September 2015.

How big is unit 502?

777 sqft (72.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Ramth 23 sold for AED 625,000 to 690,000 in the last 12 months, around AED 954 per sqft.

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Mortgage on 502, Al Ramth 23

Starts from the last sale price (AED 505K, 23 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 505,000
Deposit, UAE resident (20%)
AED 101,000
Deposit, non-resident (40%)
AED 202,000
Monthly over 25 years at 3.7%
AED 2,066

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