Studio · 468 sqftAl Ramth 47, Remraam · 5th floor · completed 2011

509, Al Ramth 47

Sold prices and rental history: sold twice, last in April 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 29 January 2025
Last soldAED 325K14 April 2020
Current rentAED 57K /yr29 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Al Ramth 47

What is 509 worth today?

Last sold for AED 325,000 in 2020

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29 Jan 2025RentedNew contract
AED 56,500/yr12 months · AED 121 per sqft
29 Jan 2025RentedNew contract
AED 56,500/yr12 months · AED 121 per sqft
16 Nov 2022RentedRenewal
AED 28,000/yr12 months · AED 59 per sqft
16 Nov 2021RentedNew contract
AED 24,000/yr12 months · AED 51 per sqft
3 Jun 2020RentedNew contract
AED 25,500/yr12 months · AED 54 per sqft
14 Apr 2020SoldReady
AED 325,000AED 693 per sqft
1 Oct 2013Sold by developerReady
AED 676,200AED 1,443 per sqft

Source: Dubai Land Department. Updated 29 January 2025.

Key facts

Type
Studio apartment
Size
468 sqft
Floor
5th of 5
Parking
G-74
Developer
Remraam
Completed
2011
Service charge
AED 7,200 /yr
Last sold
AED 325K · April 2020
Building
Al Ramth 47

About 509, Al Ramth 47

509 is a studio of 468 sqft on the 5th floor of Al Ramth 47, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 14 April 2020 for AED 325,000, or AED 693 per sqft.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 29 January 2025, is AED 56,500 a year: a gross yield of 17.4% on the 2020 price, before the service charge of about AED 7,200 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical studio in Al Ramth 47
400K600K2011201420172020Typical sale price by year: 2011 AED 579,180; 2013 AED 477,750Sold by developer, October 2013: AED 676,200 (AED 1,443 per sqft)Sold, April 2020: AED 325,000 (AED 693 per sqft)

509 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 509, each contractTypical studio in Al Ramth 47
20K40K60K2017202020232026Typical rent by year: 2017 AED 38,000; 2019 AED 30,000; 2021 AED 22,000; 2022 AED 25,700; 2023 AED 30,000; 2024 AED 33,000; 2025 AED 35,066; 2026 AED 36,383New contract, June 2020: AED 25,500 a yearNew contract, November 2021: AED 24,000 a yearRenewal, November 2022: AED 28,000 a yearNew contract, January 2025: AED 56,500 a yearNew contract, January 2025: AED 56,500 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Al Ramth 47, and where 509 sits

All 4 studios →

509's AED 56,500 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Oct 2013476,280
3 Oct 2013479,220
3 Oct 2013473,340
9 Aug 2011579,180
0 studio 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
5011-bedAED 510K · Aug 2024
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
1–7 of 8

509, Al Ramth 47 in numbers

  • Sold twice: first on 1 October 2013 for AED 676,200, last on 14 April 2020 for AED 325,000 (AED 693 per sqft).
  • Rented since June 2020 on 5 Ejari contracts, from AED 25,500 to AED 56,500 a year.
  • At AED 56,500 a year the gross yield on the 2020 price is 17.4%, before a service charge of about AED 7,200 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 29 January 2025.

Questions about 509, Al Ramth 47

What did unit 509 last sell for?

AED 325,000 on 14 April 2020: AED 693 per sqft for 468 sqft. The unit has 2 registered sales; the first was AED 676,200 in October 2013.

What is the rent for unit 509?

AED 56,500 a year on the contract signed on 29 January 2025. The previous contract, from January 2025, was AED 56,500; the unit has been rented since June 2020.

How big is unit 509?

468 sqft (43.5 sqm): a studio on the 5th floor of a 5-storey tower completed in 2011.

What is unit 509 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 509, Al Ramth 47

Starts from the last sale price (AED 325K, 14 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 325,000
Deposit, UAE resident (20%)
AED 65,000
Deposit, non-resident (40%)
AED 130,000
Monthly over 25 years at 3.7%
AED 1,330

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