508, Al Ramth 47
Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Al Ramth 47
What is 508 worth today?
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Source: Dubai Land Department. Updated 13 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 665 sqft
- Floor
- 5th of 5
- Parking
- G-73
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,200 /yr
- Last sold
- AED 500K · September 2024
- Building
- Al Ramth 47
About 508, Al Ramth 47
508 is a one-bedroom apartment of 665 sqft on the 5th floor of Al Ramth 47, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 6 September 2024 for AED 500,000, or AED 751 per sqft, in line with the AED 746 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 13 January 2025, is AED 42,333 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 10,200 a year.
Sales and rents for 508 over time
508 has sold 3 times; 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 47, and where 508 sits
All 18 1-beds →508 last sold in September 2024 at AED 751 per sqft, in line with what one-beds in Al Ramth 47 were fetching at the time (AED 746). 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. 508's AED 42,333 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Sep 20262 September 2026 | 689 sqft | 600,000 | 870 | ||
| 24 Dec 202524 December 2025 | 665 sqft | 615,000 | 924 | ||
| 4 Dec 20254 December 2025 | 689 sqft | 615,000 | 892 | ||
| 4 Dec 20254 December 2025 | 689 sqft | 615,000 | 892 |
Al Ramth 47
Building43 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%
Other units on the 5th floor
All 43 units in Al Ramth 47| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 510KAED 510,000 · Aug 2024August 2024 | 30,000 /yr | |
| 502 | 1-bed | 777 sqft | AED 786KAED 786,380 · Oct 2013October 2013 | 50,000 /yr | |
| 503 | 1-bed | 777 sqft | AED 595KAED 595,000 · Jun 2024June 2024 | 60,000 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 1.1MAED 1,104,000 · May 2015May 2015 | 75,000 /yr | |
| 505 | 2-bed | 1,109 sqft | AED 1.13MAED 1,125,860 · Oct 2013October 2013 | 67,315 /yr | |
| 506 | 1-bed | 777 sqft | AED 635KAED 635,000 · Jan 2025January 2025 | 30,000 /yr | |
| 507 | 1-bed | 777 sqft | AED 786KAED 786,380 · Nov 2013November 2013 | 54,000 /yr | |
| 509 | Studio | 468 sqft | AED 325KAED 325,000 · Apr 2020April 2020 | 56,500 /yr |
508, Al Ramth 47 in numbers
- Sold 3 times: first on 1 October 2013 for AED 969,450, last on 6 September 2024 for AED 500,000 (AED 751 per sqft).
- Rented since January 2014 on 11 Ejari contracts. The rent fell from AED 48,000 to AED 27,000 in 2021 and recovered to AED 42,333 by January 2025.
- At AED 42,333 a year the gross yield on the 2024 price is 8.5%, before a service charge of about AED 10,200 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 13 January 2025.
Questions about 508, Al Ramth 47
What did unit 508 last sell for?
AED 500,000 on 6 September 2024: AED 751 per sqft for 665 sqft. The unit has 3 registered sales; the first was AED 969,450 in October 2013.
What is the rent for unit 508?
AED 42,333 a year on the contract signed on 13 January 2025. The previous contract, from January 2025, was AED 42,333; the unit has been rented since January 2014.
How big is unit 508?
665 sqft (61.8 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.
What is unit 508 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 508, Al Ramth 47
Starts from the last sale price (AED 500K, 6 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →