509, Al Ramth 23
Sold prices and rental history: sold twice, last in October 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Al Ramth 23
What is 509 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 25 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 468 sqft
- Floor
- 5th of 5
- Parking
- G-74
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,200 /yr
- Last sold
- AED 564K · October 2014
- Building
- Al Ramth 23
About 509, Al Ramth 23
509 is a studio of 468 sqft on the 5th floor of Al Ramth 23, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 8 October 2014 for AED 564,000, or AED 1,203 per sqft, 22% above the AED 987 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 25 November 2025, is AED 40,000 a year: a gross yield of 7.1% on the 2014 price, before the service charge of about AED 7,200 a year.
Sales and rents for 509 over time
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Ramth 23, and where 509 sits
All 4 studios →509 last sold in October 2014 at AED 1,203 per sqft, 22% above what studios in Al Ramth 23 were fetching at the time (AED 987). 509's AED 40,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202510 February 2025 | 468 sqft | 435,000 | 928 | ||
| 9 Oct 20249 October 2024 | 468 sqft | 425,000 | 907 | ||
| 26 Nov 201426 November 2014 | 468 sqft | 564,000 | 1,203 | ||
| 6 Nov 20146 November 2014 | 468 sqft | 464,000 | 990 |
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 | ||
| 508 | 1-bed | 665 sqft | AED 560KAED 560,000 · Jul 2025July 2025 | 55,000 /yr |
509, Al Ramth 23 in numbers
- Sold twice: first on 15 September 2014 for AED 467,000, last on 8 October 2014 for AED 564,000 (AED 1,203 per sqft).
- Rented since November 2018 on 8 Ejari contracts. The rent fell from AED 34,000 to AED 20,000 in 2021 and recovered to AED 40,000 by November 2025.
- At AED 40,000 a year the gross yield on the 2014 price is 7.1%, before a service charge of about AED 7,200 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 25 November 2025.
Questions about 509, Al Ramth 23
What did unit 509 last sell for?
AED 564,000 on 8 October 2014: AED 1,203 per sqft for 468 sqft. The unit has 2 registered sales; the first was AED 467,000 in September 2014.
What is the rent for unit 509?
AED 40,000 a year on the contract renewed on 25 November 2025. The previous contract, from November 2024, was AED 36,000; the unit has been rented since November 2018.
How big is unit 509?
468 sqft (43.5 sqm): a studio on the 5th floor of a 5-storey tower completed in 2011.
What is unit 509 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 509? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 509, Al Ramth 23
Starts from the last sale price (AED 564K, 8 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 564,000
- Deposit, UAE resident (20%)
- AED 112,800
- Deposit, non-resident (40%)
- AED 225,600
- Monthly over 25 years at 3.7%
- AED 2,307
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →