1-bed · 689 sqftAl Ramth 47, Remraam · 5th floor · completed 2011

501, Al Ramth 47

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 26 August 2024
Last soldAED 510K26 August 2024
Current rentAED 30K /yr15 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Al Ramth 47

What is 501 worth today?

Last sold for AED 510,000 in 2024

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26 Aug 2024SoldReady
AED 510,000AED 740 per sqft
15 Jun 2022RentedNew contract
AED 30,000/yr12 months · AED 44 per sqft
1 Jun 2020RentedNew contract
AED 30,000/yr12 months · AED 44 per sqft
21 Apr 2019RentedNew contract
AED 34,000/yr12 months · AED 49 per sqft
1 Mar 2018RentedNew contract
AED 47,500/yr12 months · AED 69 per sqft
16 Feb 2017RentedNew contract
AED 54,000/yr12 months · AED 78 per sqft
8 Feb 2014RentedNew contract
AED 46,000/yr12 months · AED 67 per sqft
22 Jan 2014Sold by developerReady
AED 969,450AED 1,407 per sqft

Source: Dubai Land Department. Updated 26 August 2024.

Key facts

Type
1-bed apartment
Size
689 sqft
Floor
5th of 5
Parking
G-66
Developer
Remraam
Completed
2011
Service charge
AED 10,600 /yr
Last sold
AED 510K · August 2024
Building
Al Ramth 47

About 501, Al Ramth 47

501 is a one-bedroom apartment of 689 sqft on the 5th floor of Al Ramth 47, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 26 August 2024 for AED 510,000, or AED 740 per sqft, in line with the AED 740 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 15 June 2022, is AED 30,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 10,600 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Al Ramth 47
500K750K1M2013201720212025Typical sale price by year: 2013 AED 797,510; 2014 AED 751,000; 2024 AED 510,000; 2025 AED 615,000Sold by developer, January 2014: AED 969,450 (AED 1,407 per sqft)Sold, August 2024: AED 510,000 (AED 740 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 47
40K60K2014201820222026Typical rent by year: 2014 AED 52,000; 2015 AED 55,000; 2016 AED 58,000; 2017 AED 54,500; 2018 AED 50,000; 2019 AED 44,000; 2020 AED 31,000; 2021 AED 29,000; 2022 AED 34,500; 2023 AED 40,300; 2024 AED 45,600; 2025 AED 51,000; 2026 AED 52,449New contract, February 2014: AED 46,000 a yearNew contract, February 2017: AED 54,000 a yearNew contract, March 2018: AED 47,500 a yearNew contract, April 2019: AED 34,000 a yearNew contract, June 2020: AED 30,000 a yearNew contract, June 2022: AED 30,000 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 47, and where 501 sits

All 18 1-beds →

501 last sold in August 2024 at AED 740 per sqft, in line with what one-beds in Al Ramth 47 were fetching at the time (AED 740). Over the last 12 months one-beds sold for AED 600,000 to 630,000, around AED 892 per sqft, and rent for AED 46,305 to 65,000 a year. 501's AED 30,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Sep 2026600,000
24 Dec 2025615,000
4 Dec 2025615,000
4 Dec 2025615,000
5 1-bed sales in the last 12 months

Al Ramth 47

Building

43 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.

Typical price per sqft
AED 905
Typical sale
AED 615K
Typical rent
AED 54K /yr
Typical yield
7.7%
Al Ramth 47, Remraam: prices, sales and rents →

Other units on the 5th floor

All 43 units in Al Ramth 47
Value
5021-bedAED 786K · Oct 2013
5031-bedAED 595K · Jun 2024
5042-bedAED 1.1M · May 2015
5052-bedAED 1.13M · Oct 2013
5061-bedAED 635K · Jan 2025
5071-bedAED 786K · Nov 2013
5081-bedAED 500K · Sep 2024
1–7 of 8

501, Al Ramth 47 in numbers

  • Sold twice: first on 22 January 2014 for AED 969,450, last on 26 August 2024 for AED 510,000 (AED 740 per sqft).
  • Rented since February 2014 on 6 Ejari contracts, from AED 46,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 10,600 a year (AED 15.34 per sqft).
  • One-beds in Al Ramth 47 sold for AED 600,000–630,000 in the 12 months to November 2026; the building's median across all types is AED 905 per sqft.

Source: Dubai Land Department. Updated 26 August 2024.

Questions about 501, Al Ramth 47

What did unit 501 last sell for?

AED 510,000 on 26 August 2024: AED 740 per sqft for 689 sqft. The unit has 2 registered sales; the first was AED 969,450 in January 2014.

What is the rent for unit 501?

AED 30,000 a year on the contract signed on 15 June 2022. The previous contract, from June 2020, was AED 30,000; the unit has been rented since February 2014.

How big is unit 501?

689 sqft (64.0 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. One-beds in Al Ramth 47 sold for AED 600,000 to 630,000 in the last 12 months, around AED 892 per sqft.

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Mortgage on 501, Al Ramth 47

Starts from the last sale price (AED 510K, 26 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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