502, Al Ramth 37
Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Al Ramth 37
What is 502 worth today?
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Source: Dubai Land Department. Updated 16 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 755 sqft
- Floor
- 5th of 7
- Parking
- G-85
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,600 /yr
- Last sold
- AED 400K · February 2022
- Building
- Al Ramth 37
About 502, Al Ramth 37
502 is a one-bedroom apartment of 755 sqft on the 5th floor of Al Ramth 37, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 28 February 2022 for AED 400,000, or AED 529 per sqft.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 16 November 2024, is AED 50,000 a year: a gross yield of 12.5% on the 2022 price, before the service charge of about AED 11,600 a year.
Sales and rents for 502 over time
502 has sold twice; 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 37, and where 502 sits
All 29 1-beds →Over the last 12 months one-beds sold for AED 640,000, around AED 962 per sqft, and rent for AED 45,000 to 65,000 a year. 502's AED 50,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Feb 202627 February 2026 | 665 sqft | 640,000 | 962 | ||
| 21 Jul 202521 July 2025 | 773 sqft | 685,000 | 885 | ||
| 10 Jun 202510 June 2025 | 755 sqft | 635,000 | 840 | ||
| 16 Apr 202516 April 2025 | 755 sqft | 680,000 | 900 |
Al Ramth 37
Building62 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.
- Typical price per sqft
- AED 980
- Typical sale
- AED 815K
- Typical rent
- AED 57K /yr
- Typical yield
- 7.6%
Other units on the 5th floor
All 62 units in Al Ramth 37| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 665 sqft | AED 662KAED 662,000 · Nov 2014November 2014 | 48,000 /yr | |
| 503 | 1-bed | 773 sqft | AED 770KAED 770,000 · Feb 2015February 2015 | 57,000 /yr | |
| 504 | 2-bed | 1,009 sqft | AED 985KAED 985,000 · Jun 2014June 2014 | 68,400 /yr | |
| 505 | 2-bed | 1,009 sqft | AED 900KAED 900,000 · May 2025May 2025 | 60,666 /yr | |
| 506 | 1-bed | 773 sqft | AED 370KAED 370,000 · Sep 2022September 2022 | 40,000 /yr | |
| 507 | 1-bed | 755 sqft | AED 630KAED 630,000 · Mar 2025March 2025 | 62,000 /yr | |
| 508 | 1-bed | 689 sqft | AED 565KAED 565,000 · Jan 2025January 2025 | 65,000 /yr | |
| 509 | Studio | 387 sqft | AED 400KAED 400,000 · Sep 2026September 2026 | 18,000 /yr |
502, Al Ramth 37 in numbers
- Sold twice: first on 10 July 2013 for AED 658,443, last on 28 February 2022 for AED 400,000 (AED 529 per sqft).
- Rented since October 2016 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 28,000 in 2021 and recovered to AED 50,000 by November 2024.
- At AED 50,000 a year the gross yield on the 2022 price is 12.5%, before a service charge of about AED 11,600 a year (AED 15.34 per sqft).
- One-beds in Al Ramth 37 sold for AED 640,000–640,000 in the 12 months to November 2026; the building's median across all types is AED 980 per sqft.
Source: Dubai Land Department. Updated 16 November 2024.
Questions about 502, Al Ramth 37
What did unit 502 last sell for?
AED 400,000 on 28 February 2022: AED 529 per sqft for 755 sqft. The unit has 2 registered sales; the first was AED 658,443 in July 2013.
What is the rent for unit 502?
AED 50,000 a year on the contract renewed on 16 November 2024. The previous contract, from November 2023, was AED 50,000; the unit has been rented since October 2016.
How big is unit 502?
755 sqft (70.1 sqm): a one-bedroom apartment on the 5th floor of a 7-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 37 sold for AED 640,000 to 640,000 in the last 12 months, around AED 962 per sqft.
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Mortgage on 502, Al Ramth 37
Starts from the last sale price (AED 400K, 28 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →