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1-bed · 669 sqftAl Ramth 41, Remraam · 5th floor · completed 2011

501, Al Ramth 41

Sold prices and rental history: sold twice, last in October 2013, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 25 May 2018
Last soldAED 583K30 October 2013
Current rentAED 45K /yr25 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, Al Ramth 41

What is 501 worth today?

Last sold for AED 583,397 in 2013

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25 May 2018RentedNew contract
AED 45,000/yr12 months · AED 67 per sqft
21 Dec 2014RentedNew contract
AED 46,200/yr12 months · AED 69 per sqft
21 Dec 2013RentedNew contract
AED 44,000/yr12 months · AED 66 per sqft
30 Oct 2013SoldReady
AED 583,397AED 872 per sqft
7 Apr 2009Sold by developerOff-plan
AED 892,432AED 1,334 per sqft

Source: Dubai Land Department. Updated 25 May 2018.

Key facts

Type
1-bed apartment
Size
669 sqft
Floor
5th of 5
Parking
G-84
Developer
Remraam
Completed
2011
Service charge
AED 10,300 /yr
Last sold
AED 583K · October 2013
Building
Al Ramth 41

About 501, Al Ramth 41

501 is a one-bedroom apartment of 669 sqft on the 5th floor of Al Ramth 41, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 30 October 2013 for AED 583,397, or AED 872 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 25 May 2018, is AED 45,000 a year: a gross yield of 7.7% on the 2013 price, before the service charge of about AED 10,300 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Al Ramth 41
600K800K20092013201720212025Typical sale price by year: 2009 AED 888,162; 2013 AED 583,397; 2014 AED 673,892; 2015 AED 591,300; 2018 AED 520,000; 2023 AED 490,000; 2024 AED 582,000Sold by developer, April 2009: AED 892,432 (AED 1,334 per sqft)Sold, October 2013: AED 583,397 (AED 872 per sqft)

501 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 501, each contractTypical one-bed in Al Ramth 41
40K60K2013201720212025Typical rent by year: 2014 AED 57,000; 2015 AED 58,500; 2016 AED 61,000; 2017 AED 55,000; 2018 AED 50,000; 2019 AED 43,000; 2020 AED 35,549; 2021 AED 34,000; 2022 AED 36,000; 2023 AED 39,550; 2024 AED 54,500; 2025 AED 58,000; 2026 AED 57,000New contract, December 2013: AED 44,000 a yearNew contract, December 2014: AED 46,200 a yearNew contract, May 2018: AED 45,000 a year

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 41, and where 501 sits

All 21 1-beds →

501's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Oct 2024500,000
2 Sep 2024680,000
10 Jun 2024620,000
23 May 2024520,000
0 1-bed sales in the last 12 months

Al Ramth 41

Building

43 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 926
Typical sale
AED 935K
Typical rent
AED 65K /yr
Typical yield
8.1%
Al Ramth 41, Remraam: prices, sales and rents →

Other units on the 5th floor

All 43 units in Al Ramth 41
Value
5021-bedAED 520K · May 2024
5031-bedAED 582K · Mar 2024
5042-bedAED 1.11M · Mar 2015
5052-bedAED 900K · Dec 2024
5061-bedAED 355K · Dec 2022
5081-bedAED 498K · Jul 2014
509StudioAED 445K · Mar 2025

501, Al Ramth 41 in numbers

  • Sold twice: first on 7 April 2009 for AED 892,432, last on 30 October 2013 for AED 583,397 (AED 872 per sqft).
  • Rented since December 2013 on 3 Ejari contracts, from AED 44,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2013 price is 7.7%, before a service charge of about AED 10,300 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 25 May 2018.

Questions about 501, Al Ramth 41

What did unit 501 last sell for?

AED 583,397 on 30 October 2013: AED 872 per sqft for 669 sqft. The unit has 2 registered sales; the first was AED 892,432 in April 2009.

What is the rent for unit 501?

AED 45,000 a year on the contract signed on 25 May 2018. The previous contract, from December 2014, was AED 46,200; the unit has been rented since December 2013.

How big is unit 501?

669 sqft (62.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.

What is unit 501 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 501, Al Ramth 41

Starts from the last sale price (AED 583K, 30 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 583,397
Deposit, UAE resident (20%)
AED 116,679
Deposit, non-resident (40%)
AED 233,359
Monthly over 25 years at 3.7%
AED 2,387

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