Home
Dubai prices
About
Research
1-bed · 774 sqftAl Ramth 55, Remraam · 5th floor · completed 2011

507, Al Ramth 55

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 21 June 2024
Last soldAED 580K21 June 2024
Current rentAED 44K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 507

Property timeline for 507, Al Ramth 55

What is 507 worth today?

Last sold for AED 580,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Jun 2024SoldReady
AED 580,000AED 749 per sqft
1 Apr 2023RentedNew contract
AED 44,000/yr12 months · AED 57 per sqft
29 Mar 2023SoldReady
AED 435,000AED 562 per sqft
27 Mar 2016RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft
19 Feb 2015RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft
20 Feb 2014RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft
8 Apr 2009Sold by developerOff-plan
AED 1,030,928AED 1,332 per sqft

Source: Dubai Land Department. Updated 21 June 2024.

Key facts

Type
1-bed apartment
Size
774 sqft
Floor
5th of 5
Parking
G-72
Developer
Remraam
Completed
2011
Service charge
AED 11,900 /yr
Last sold
AED 580K · June 2024
Building
Al Ramth 55

About 507, Al Ramth 55

507 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 21 June 2024 for AED 580,000, or AED 749 per sqft.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 April 2023, is AED 44,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 11,900 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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 2009: AED 1,030,928 (AED 1,332 per sqft)Sold, March 2023: AED 435,000 (AED 562 per sqft)Sold, June 2024: AED 580,000 (AED 749 per sqft)

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

Rents
Unit 507, 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, February 2014: AED 55,000 a yearNew contract, February 2015: AED 55,000 a yearNew contract, March 2016: AED 60,000 a yearNew contract, April 2023: AED 44,000 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 507 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. 507's AED 44,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Apr 2026660,000
21 May 2025800,000
8 Nov 2023493,140
3 Nov 2022440,000
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
5031-bedAED 493K · Nov 2023
5042-bedAED 1.1M · Jun 2022
5052-bedAED 750K · Sep 2023
5061-bedAED 660K · Apr 2026
5081-bedAED 300K · Mar 2017
1–7 of 8

507, Al Ramth 55 in numbers

  • Sold 3 times: first on 8 April 2009 for AED 1,030,928, last on 21 June 2024 for AED 580,000 (AED 749 per sqft).
  • Rented since February 2014 on 4 Ejari contracts, from AED 55,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2024 price is 7.6%, 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 21 June 2024.

Questions about 507, Al Ramth 55

What did unit 507 last sell for?

AED 580,000 on 21 June 2024: AED 749 per sqft for 774 sqft. The unit has 3 registered sales; the first was AED 1,030,928 in April 2009.

What is the rent for unit 507?

AED 44,000 a year on the contract signed on 1 April 2023. The previous contract, from March 2016, was AED 60,000; the unit has been rented since February 2014.

How big is unit 507?

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

What is unit 507 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.

Selling 507? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 507, Al Ramth 55

Starts from the last sale price (AED 580K, 21 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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