1-bed · 774 sqftAl Ramth 55, Remraam · 5th floor · completed 2011

503, Al Ramth 55

Sold prices and rental history: sold twice, last in November 2023, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 8 November 2023
Last soldAED 493K8 November 2023
Current rentAED 40K /yr1 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Al Ramth 55

What is 503 worth today?

Last sold for AED 493,140 in 2023

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8 Nov 2023SoldReady
AED 493,140AED 637 per sqft
1 Nov 2019RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
1 Nov 2017RentedNew contract
AED 54,000/yr12 months · AED 70 per sqft
10 Apr 2016Sold by developerReady
AED 677,093AED 875 per sqft
5 Oct 2015RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 8 November 2023.

Key facts

Type
1-bed apartment
Size
774 sqft
Floor
5th of 5
Parking
G-68
Developer
Remraam
Completed
2011
Service charge
AED 11,900 /yr
Last sold
AED 493K · November 2023
Building
Al Ramth 55

About 503, Al Ramth 55

503 is a one-bedroom apartment of 774 sqft on the 5th floor of Al Ramth 55, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 8 November 2023 for AED 493,140, or AED 637 per sqft.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 1 November 2019, is AED 40,000 a year: a gross yield of 8.1% on the 2023 price, before the service charge of about AED 11,900 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Al Ramth 55
500K1M2009201320172021Typical sale price by year: 2009 AED 1,030,928; 2011 AED 696,010; 2013 AED 786,380; 2014 AED 786,380; 2021 AED 395,000; 2022 AED 330,000Sold by developer, April 2016: AED 677,093 (AED 875 per sqft)Sold, November 2023: AED 493,140 (AED 637 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Al Ramth 55
40K60K2014201820222026Typical rent by year: 2014 AED 53,500; 2015 AED 58,000; 2016 AED 58,000; 2017 AED 55,000; 2018 AED 49,933; 2019 AED 42,000; 2020 AED 37,000; 2021 AED 30,000; 2022 AED 35,000; 2023 AED 42,000; 2024 AED 44,275; 2025 AED 53,000; 2026 AED 52,500New contract, October 2015: AED 60,000 a yearNew contract, November 2017: AED 54,000 a yearNew contract, November 2019: AED 40,000 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 55, and where 503 sits

All 22 1-beds →

Over the last 12 months one-beds sold for AED 660,000, around AED 852 per sqft, and rent for AED 46,755 to 70,000 a year. 503's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Apr 2026660,000
21 May 2025800,000
21 Jun 2024580,000
29 Mar 2023435,000
1 1-bed sale in the last 12 months

Al Ramth 55

Building

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

Typical price per sqft
AED 966
Typical sale
AED 975K
Typical rent
AED 56K /yr
Typical yield
7.4%
Al Ramth 55, Remraam: prices, sales and rents →

Other units on the 5th floor

All 48 units in Al Ramth 55
Value
5011-bedAED 440K · Nov 2022
5021-bedAED 786K · Jan 2015
5042-bedAED 1.1M · Jun 2022
5052-bedAED 750K · Sep 2023
5061-bedAED 660K · Apr 2026
5071-bedAED 580K · Jun 2024
5081-bedAED 300K · Mar 2017
1–7 of 8

503, Al Ramth 55 in numbers

  • Sold twice: first on 10 April 2016 for AED 677,093, last on 8 November 2023 for AED 493,140 (AED 637 per sqft).
  • Rented since October 2015 on 3 Ejari contracts, from AED 60,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 8.1%, before a service charge of about AED 11,900 a year (AED 15.34 per sqft).
  • One-beds in Al Ramth 55 sold for AED 660,000–660,000 in the 12 months to November 2026; the building's median across all types is AED 966 per sqft.

Source: Dubai Land Department. Updated 8 November 2023.

Questions about 503, Al Ramth 55

What did unit 503 last sell for?

AED 493,140 on 8 November 2023: AED 637 per sqft for 774 sqft. The unit has 2 registered sales; the first was AED 677,093 in April 2016.

What is the rent for unit 503?

AED 40,000 a year on the contract signed on 1 November 2019. The previous contract, from November 2017, was AED 54,000; the unit has been rented since October 2015.

How big is unit 503?

774 sqft (71.9 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.

What is unit 503 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 55 sold for AED 660,000 to 660,000 in the last 12 months, around AED 852 per sqft.

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Mortgage on 503, Al Ramth 55

Starts from the last sale price (AED 493K, 8 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 493,140
Deposit, UAE resident (20%)
AED 98,628
Deposit, non-resident (40%)
AED 197,256
Monthly over 25 years at 3.7%
AED 2,018

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