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2-bed · 1,001 sqftAl Ramth 28, Remraam · 5th floor · completed 2011

504, Al Ramth 28

Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 6 July 2018
Last soldAED 1.05M9 June 2014
Current rentAED 65K /yr6 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504, Al Ramth 28

What is 504 worth today?

Last sold for AED 1,046,000 in 2014

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6 Jul 2018RentedNew contract
AED 65,000/yr12 months · AED 65 per sqft
4 May 2017RentedNew contract
AED 80,000/yr12 months · AED 80 per sqft
2 Apr 2016RentedNew contract
AED 82,000/yr12 months · AED 82 per sqft
20 Mar 2015RentedNew contract
AED 78,000/yr12 months · AED 78 per sqft
9 Jun 2014Sold by developerReady
AED 1,046,000AED 1,045 per sqft

Source: Dubai Land Department. Updated 6 July 2018.

Key facts

Type
2-bed apartment
Size
1,001 sqft
Floor
5th of 7
Parking
G-153
Developer
Remraam
Completed
2011
Service charge
AED 15,300 /yr
Last sold
AED 1.05M · June 2014
Building
Al Ramth 28

About 504, Al Ramth 28

504 is a two-bedroom apartment of 1,001 sqft on the 5th floor of Al Ramth 28, a 7-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 9 June 2014 for AED 1,046,000, or AED 1,045 per sqft, 33% above the AED 784 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 6 July 2018, is AED 65,000 a year: a gross yield of 6.2% on the 2014 price, before the service charge of about AED 15,300 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Al Ramth 28
750K1M1.25M20092013201720212025Typical sale price by year: 2009 AED 1,269,992; 2014 AED 1,052,000; 2015 AED 1,046,000; 2024 AED 825,000Sold by developer, June 2014: AED 1,046,000 (AED 1,045 per sqft)

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

Rents
Unit 504, each contractTypical two-bed in Al Ramth 28
40K60K80K2014201820222026Typical rent by year: 2014 AED 80,000; 2015 AED 79,000; 2016 AED 80,000; 2017 AED 80,000; 2018 AED 69,000; 2019 AED 65,000; 2020 AED 50,000; 2021 AED 46,500; 2022 AED 52,000; 2023 AED 58,245; 2024 AED 65,200; 2025 AED 74,980; 2026 AED 85,250New contract, March 2015: AED 78,000 a yearNew contract, April 2016: AED 82,000 a yearNew contract, May 2017: AED 80,000 a yearNew contract, July 2018: AED 65,000 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 28, and where 504 sits

All 20 2-beds →

504 last sold in June 2014 at AED 1,045 per sqft, 33% above what two-beds in Al Ramth 28 were fetching at the time (AED 784). 504's AED 65,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jun 2025955,000
28 Nov 2024900,000
16 Oct 2024850,000
12 Sep 2024870,000
0 2-bed sales in the last 12 months

Al Ramth 28

Building

77 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.

Typical price per sqft
AED 968
Typical sale
AED 498K
Typical rent
AED 52K /yr
Typical yield
7.7%
Al Ramth 28, Remraam: prices, sales and rents →

Other units on the 5th floor

All 77 units in Al Ramth 28
Value
501StudioAED 223K · Feb 2015
5021-bedAED 823K · Apr 2016
5031-bedAED 350K · Nov 2015
5051-bedAED 595K · Jun 2014
5061-bedAED 640K · Mar 2017
5072-bedAED 900K · Nov 2024
5081-bedAED 341K · Apr 2014
1–7 of 10

504, Al Ramth 28 in numbers

  • Sold once: by Remraam on 9 June 2014 for AED 1,046,000, or AED 1,045 per sqft.
  • Rented since March 2015 on 4 Ejari contracts, from AED 78,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2014 price is 6.2%, before a service charge of about AED 15,300 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 6 July 2018.

Questions about 504, Al Ramth 28

What did unit 504 last sell for?

AED 1,046,000 on 9 June 2014, sold by the developer: AED 1,045 per sqft for 1,001 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 65,000 a year on the contract signed on 6 July 2018. The previous contract, from May 2017, was AED 80,000; the unit has been rented since March 2015.

How big is unit 504?

1,001 sqft (93.0 sqm): a two-bedroom apartment on the 5th floor of a 7-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 28

Starts from the last sale price (AED 1.05M, 9 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,046,000
Deposit, UAE resident (20%)
AED 209,200
Deposit, non-resident (40%)
AED 418,400
Monthly over 25 years at 3.7%
AED 4,280

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