508, Al Ramth 23
Sold prices and rental history: sold 3 times, last in July 2025, 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 508, Al Ramth 23
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 665 sqft
- Floor
- 5th of 5
- Parking
- RD23-G-73
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,200 /yr
- Last sold
- AED 560K · July 2025
- Building
- Al Ramth 23
About 508, Al Ramth 23
508 is a one-bedroom apartment of 665 sqft on the 5th floor of Al Ramth 23, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 22 July 2025 for AED 560,000, or AED 841 per sqft, in line with the AED 834 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, signed on 1 December 2025, is AED 55,000 a year: a gross yield of 9.8% on the 2025 price, before the service charge of about AED 10,200 a year.
Sales and rents for 508 over time
508 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 508 sits
All 20 1-beds →508 last sold in July 2025 at AED 841 per sqft, in line with what one-beds in Al Ramth 23 were fetching at the time (AED 834). 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. 508's AED 55,000 is in the lower 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 | |
| 503 | 1-bed | 777 sqft | AED 460KAED 460,000 · Jun 2024June 2024 | 65,000 /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 | ||
| 509 | Studio | 468 sqft | AED 564KAED 564,000 · Oct 2014October 2014 | 40,000 /yr |
508, Al Ramth 23 in numbers
- Sold 3 times: first on 2 January 2014 for AED 666,758, last on 22 July 2025 for AED 560,000 (AED 841 per sqft).
- Rented since January 2014 on 12 Ejari contracts. The rent fell from AED 37,600 to AED 28,000 in 2021 and recovered to AED 55,000 by December 2025.
- At AED 55,000 a year the gross yield on the 2025 price is 9.8%, before a service charge of about AED 10,200 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 1 December 2025.
Questions about 508, Al Ramth 23
What did unit 508 last sell for?
AED 560,000 on 22 July 2025: AED 841 per sqft for 665 sqft. The unit has 3 registered sales; the first was AED 666,758 in January 2014.
What is the rent for unit 508?
AED 55,000 a year on the contract signed on 1 December 2025. The previous contract, from August 2025, was AED 60,000; the unit has been rented since January 2014.
How big is unit 508?
665 sqft (61.8 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.
What is unit 508 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 508, Al Ramth 23
Starts from the last sale price (AED 560K, 22 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 560,000
- Deposit, UAE resident (20%)
- AED 112,000
- Deposit, non-resident (40%)
- AED 224,000
- Monthly over 25 years at 3.7%
- AED 2,291
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →