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2-bed · 1,009 sqftAl Ramth 53, Remraam · 5th floor · completed 2011

504, Al Ramth 53

Sold prices and rental history: sold 3 times, last in October 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 878K29 October 2014
Current rentAED 59K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504, Al Ramth 53

What is 504 worth today?

Last sold for AED 878,302 in 2014

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15 Nov 2024RentedRenewal
AED 59,000/yr12 months · AED 59 per sqft
15 Nov 2023RentedRenewal
AED 55,000/yr12 months · AED 54 per sqft
15 Nov 2022RentedNew contract
AED 55,000/yr12 months · AED 54 per sqft
15 Oct 2019RentedNew contract
AED 54,000/yr12 months · AED 53 per sqft
1 Oct 2018RentedNew contract
AED 60,000/yr12 months · AED 59 per sqft
15 May 2017RentedRenewal
AED 70,000/yr12 months · AED 69 per sqft
15 May 2016RentedRenewal
AED 68,250/yr12 months · AED 67 per sqft
15 May 2015RentedNew contract
AED 65,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
5th of 6
Parking
G-90
Developer
Remraam
Completed
2011
Service charge
AED 15,500 /yr
Last sold
AED 878K · October 2014
Building
Al Ramth 53

About 504, Al Ramth 53

504 is a two-bedroom apartment of 1,009 sqft on the 5th floor of Al Ramth 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 29 October 2014 for AED 878,302, or AED 870 per sqft, in line with the AED 854 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 15 November 2024, is AED 59,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 15,500 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Al Ramth 53
1M20092013201720212025Typical sale price by year: 2009 AED 1,338,379; 2013 AED 1,020,900; 2014 AED 988,727; 2015 AED 987,187; 2016 AED 1,063,096; 2023 AED 746,512; 2024 AED 880,000Sold by developer, April 2009: AED 1,338,379 (AED 1,326 per sqft)Sold, August 2014: AED 878,302 (AED 870 per sqft)Sold, October 2014: AED 878,302 (AED 870 per sqft)

504 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 504, each contractTypical two-bed in Al Ramth 53
60K80K2014201820222026Typical rent by year: 2014 AED 83,500; 2015 AED 80,000; 2016 AED 82,000; 2017 AED 80,000; 2018 AED 74,500; 2019 AED 62,000; 2020 AED 52,000; 2021 AED 50,000; 2022 AED 52,000; 2023 AED 55,000; 2024 AED 65,000; 2025 AED 85,000; 2026 AED 87,500New contract, May 2015: AED 65,000 a yearRenewal, May 2016: AED 68,250 a yearRenewal, May 2017: AED 70,000 a yearNew contract, October 2018: AED 60,000 a yearNew contract, October 2019: AED 54,000 a yearNew contract, November 2022: AED 55,000 a yearRenewal, November 2023: AED 55,000 a yearRenewal, November 2024: AED 59,000 a year

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 53, and where 504 sits

All 22 2-beds →

504 last sold in October 2014 at AED 870 per sqft, in line with what two-beds in Al Ramth 53 were fetching at the time (AED 854). 504's AED 59,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 May 2025965,000
18 Mar 20251,100,000
14 Dec 2024830,000
19 Aug 2024960,000
0 2-bed sales in the last 12 months

Al Ramth 53

Building

57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 789
Typical sale
AED 693K
Typical rent
AED 63K /yr
Typical yield
9.5%
Al Ramth 53, Remraam: prices, sales and rents →

Other units on the 5th floor

All 57 units in Al Ramth 53
Value
5011-bedAED 700K · Oct 2013
5021-bedAED 786K · Oct 2013
5031-bedAED 786K · Oct 2013
5052-bedAED 600K · Feb 2024
5061-bedAED 786K · Oct 2013
5071-bedAED 786K · Oct 2013
5081-bedAED 700K · Oct 2013
1–7 of 8

504, Al Ramth 53 in numbers

  • Sold 3 times: first on 8 April 2009 for AED 1,338,379, last on 29 October 2014 for AED 878,302 (AED 870 per sqft).
  • Rented since May 2015 on 8 Ejari contracts, from AED 65,000 to AED 59,000 a year.
  • At AED 59,000 a year the gross yield on the 2014 price is 6.7%, before a service charge of about AED 15,500 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 15 November 2024.

Questions about 504, Al Ramth 53

What did unit 504 last sell for?

AED 878,302 on 29 October 2014: AED 870 per sqft for 1,009 sqft. The unit has 3 registered sales; the first was AED 1,338,379 in April 2009.

What is the rent for unit 504?

AED 59,000 a year on the contract renewed on 15 November 2024. The previous contract, from November 2023, was AED 55,000; the unit has been rented since May 2015.

How big is unit 504?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2011.

What is unit 504 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 504, Al Ramth 53

Starts from the last sale price (AED 878K, 29 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 878,302
Deposit, UAE resident (20%)
AED 175,660
Deposit, non-resident (40%)
AED 351,321
Monthly over 25 years at 3.7%
AED 3,593

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