505, Al Ramth 37
Sold prices and rental history: sold twice, last in May 2025, 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 505, Al Ramth 37
What is 505 worth today?
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Source: Dubai Land Department. Updated 19 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,009 sqft
- Floor
- 5th of 7
- Parking
- RA37-G-88
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 15,500 /yr
- Last sold
- AED 900K · May 2025
- Building
- Al Ramth 37
About 505, Al Ramth 37
505 is a two-bedroom apartment of 1,009 sqft on the 5th floor of Al Ramth 37, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 19 May 2025 for AED 900,000, or AED 892 per sqft, in line with the AED 892 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 60,666 a year: a gross yield of 6.7% on the 2025 price, before the service charge of about AED 15,500 a year.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the two-bed median of each year in the building.
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 37, and where 505 sits
All 19 2-beds →505 last sold in May 2025 at AED 892 per sqft, in line with what two-beds in Al Ramth 37 were fetching at the time (AED 892). Over the last 12 months two-beds sold for AED 990,000 to 1,090,000, around AED 980 per sqft, and rent for AED 66,700 to 88,000 a year. 505's AED 60,666 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 May 202611 May 2026 | 1,113 sqft | 1,090,000 | 979 | ||
| 27 Dec 202527 December 2025 | 1,009 sqft | 990,000 | 981 | ||
| 27 Aug 202527 August 2025 | 1,009 sqft | 890,000 | 882 | ||
| 3 Jun 20253 June 2025 | 1,601 sqft | 1,200,000 | 749 |
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 | |
| 502 | 1-bed | 755 sqft | AED 400KAED 400,000 · Feb 2022February 2022 | 50,000 /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 | |
| 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 |
505, Al Ramth 37 in numbers
- Sold twice: first on 16 September 2014 for AED 1,004,000, last on 19 May 2025 for AED 900,000 (AED 892 per sqft).
- Rented since February 2016 on 11 Ejari contracts. The rent fell from AED 75,000 to AED 49,814 in 2021 and recovered to AED 60,666 by April 2025.
- At AED 60,666 a year the gross yield on the 2025 price is 6.7%, before a service charge of about AED 15,500 a year (AED 15.34 per sqft).
- Two-beds in Al Ramth 37 sold for AED 990,000–1,090,000 in the 12 months to November 2026; the building's median across all types is AED 980 per sqft.
Source: Dubai Land Department. Updated 19 May 2025.
Questions about 505, Al Ramth 37
What did unit 505 last sell for?
AED 900,000 on 19 May 2025: AED 892 per sqft for 1,009 sqft. The unit has 2 registered sales; the first was AED 1,004,000 in September 2014.
What is the rent for unit 505?
AED 60,666 a year on the contract renewed on 1 April 2025. The previous contract, from April 2025, was AED 60,666; the unit has been rented since February 2016.
How big is unit 505?
1,009 sqft (93.7 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2011.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Ramth 37 sold for AED 990,000 to 1,090,000 in the last 12 months, around AED 980 per sqft.
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Mortgage on 505, Al Ramth 37
Starts from the last sale price (AED 900K, 19 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →