503, Al Ramth 23
Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Al Ramth 23
What is 503 worth today?
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Source: Dubai Land Department. Updated 25 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 777 sqft
- Floor
- 5th of 5
- Parking
- G-68
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,900 /yr
- Last sold
- AED 460K · June 2024
- Building
- Al Ramth 23
About 503, Al Ramth 23
503 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 25 June 2024 for AED 460,000, or AED 592 per sqft, 9% below the AED 650 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 25 April 2026, is AED 65,000 a year: a gross yield of 14.1% on the 2024 price, before the service charge of about AED 11,900 a year.
Sales and rents for 503 over time
503 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 503 sits
All 20 1-beds →503 last sold in June 2024 at AED 592 per sqft, 9% below what one-beds in Al Ramth 23 were fetching at the time (AED 650). 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. 503's AED 65,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Aug 202613 August 2026 | 689 sqft | 625,000 | 907 | ||
| 14 Jan 202614 January 2026 | 689 sqft | 690,000 | 1,001 | ||
| 23 Oct 202523 October 2025 | 1,158 sqft | 700,000 | 604 | ||
| 4 Aug 20254 August 2025 | 777 sqft | 665,000 | 856 |
Al Ramth 23
Building45 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%
Other units on the 5th floor
All 45 units in Al Ramth 23| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 690KAED 690,000 · Jan 2026January 2026 | 58,000 /yr | |
| 502 | 1-bed | 777 sqft | AED 505KAED 505,000 · Oct 2023October 2023 | 35,000 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 1.14MAED 1,140,000 · Jan 2026January 2026 | 67,000 /yr | |
| 505 | 2-bed | 1,109 sqft | AED 1.1MAED 1,104,000 · Jan 2016January 2016 | 80,000 /yr | |
| 506 | 1-bed | 777 sqft | AED 365KAED 365,000 · Oct 2020October 2020 | 46,200 /yr | |
| 507 | 1-bed | 777 sqft | AED 665KAED 665,000 · Aug 2025August 2025 | ||
| 508 | 1-bed | 665 sqft | AED 560KAED 560,000 · Jul 2025July 2025 | 55,000 /yr | |
| 509 | Studio | 468 sqft | AED 564KAED 564,000 · Oct 2014October 2014 | 40,000 /yr |
503, Al Ramth 23 in numbers
- Sold 3 times: first on 16 December 2014 for AED 773,000, last on 25 June 2024 for AED 460,000 (AED 592 per sqft).
- Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2019 and recovered to AED 65,000 by April 2026.
- At AED 65,000 a year the gross yield on the 2024 price is 14.1%, 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 25 April 2026.
Questions about 503, Al Ramth 23
What did unit 503 last sell for?
AED 460,000 on 25 June 2024: AED 592 per sqft for 777 sqft. The unit has 3 registered sales; the first was AED 773,000 in December 2014.
What is the rent for unit 503?
AED 65,000 a year on the contract signed on 25 April 2026. The previous contract, from December 2023, was AED 52,000; the unit has been rented since November 2014.
How big is unit 503?
777 sqft (72.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.
What is unit 503 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 503, Al Ramth 23
Starts from the last sale price (AED 460K, 25 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 460,000
- Deposit, UAE resident (20%)
- AED 92,000
- Deposit, non-resident (40%)
- AED 184,000
- Monthly over 25 years at 3.7%
- AED 1,882
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →