505, Al Ramth 59
Sold prices and rental history: sold 6 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Al Ramth 59
What is 505 worth today?
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Source: Dubai Land Department. Updated 14 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,006 sqft
- Floor
- 5th of 6
- Parking
- G-70
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 15,400 /yr
- Last sold
- AED 980K · August 2024
- Building
- Al Ramth 59
About 505, Al Ramth 59
505 is a two-bedroom apartment of 1,006 sqft on the 5th floor of Al Ramth 59, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 23 August 2024 for AED 980,421, or AED 975 per sqft, 97% above the AED 495 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 14 August 2026, is AED 72,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 15,400 a year.
Sales and rents for 505 over time
505 has sold 6 times; the dashed line is the two-bed median of each year in the building.
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 59, and where 505 sits
All 22 2-beds →505 last sold in August 2024 at AED 975 per sqft, 97% above what two-beds in Al Ramth 59 were fetching at the time (AED 495). Over the last 12 months two-beds sold for AED 1,385,863 to 1,478,363, around AED 925 per sqft, and rent for AED 60,500 to 85,000 a year. 505's AED 72,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Feb 202619 February 2026 | 1,598 sqft | 1,438,407 | 900 | ||
| 19 Jan 202619 January 2026 | 1,498 sqft | 1,423,319 | 950 | ||
| 12 Jan 202612 January 2026 | 1,498 sqft | 1,385,863 | 925 | ||
| 25 Dec 202525 December 2025 | 1,598 sqft | 1,478,363 | 925 |
Al Ramth 59
Building57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 12 sold in the last 12 months.
- Typical price per sqft
- AED 916
- Typical sale
- AED 1.43M
- Typical rent
- AED 61K /yr
- Typical yield
- 8.8%
Other units on the 5th floor
All 57 units in Al Ramth 59| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 689KAED 688,890 · Nov 2024November 2024 | 56,000 /yr | |
| 502 | 1-bed | 758 sqft | AED 758KAED 758,210 · Aug 2024August 2024 | 50,000 /yr | |
| 503 | 1-bed | 758 sqft | AED 758KAED 758,210 · Oct 2024October 2024 | 60,000 /yr | |
| 504 | 2-bed | 1,006 sqft | AED 980KAED 980,421 · Nov 2024November 2024 | 75,000 /yr | |
| 506 | 1-bed | 758 sqft | AED 758KAED 758,210 · Sep 2024September 2024 | 62,000 /yr | |
| 507 | 1-bed | 758 sqft | AED 758KAED 758,210 · Aug 2024August 2024 | 60,000 /yr | |
| 508 | 1-bed | 665 sqft | AED 665KAED 665,100 · Sep 2024September 2024 | 41,411 /yr | |
| 509 | Studio | 468 sqft | AED 351KAED 351,090 · Dec 2024December 2024 | 40,000 /yr |
505, Al Ramth 59 in numbers
- Sold 6 times: first on 7 April 2009 for AED 1,338,379, last on 23 August 2024 for AED 980,421 (AED 975 per sqft).
- Rented since July 2013 on 8 Ejari contracts, from AED 35,464 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 15,400 a year (AED 15.34 per sqft).
- Two-beds in Al Ramth 59 sold for AED 1,385,863–1,478,363 in the 12 months to November 2026; the building's median across all types is AED 916 per sqft.
Source: Dubai Land Department. Updated 14 August 2026.
Questions about 505, Al Ramth 59
What did unit 505 last sell for?
AED 980,421 on 23 August 2024: AED 975 per sqft for 1,006 sqft. The unit has 6 registered sales; the first was AED 1,338,379 in April 2009.
What is the rent for unit 505?
AED 72,000 a year on the contract renewed on 14 August 2026. The previous contract, from August 2025, was AED 78,730; the unit has been rented since July 2013.
How big is unit 505?
1,006 sqft (93.5 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2011.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Ramth 59 sold for AED 1,385,863 to 1,478,363 in the last 12 months, around AED 925 per sqft.
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Mortgage on 505, Al Ramth 59
Starts from the last sale price (AED 980K, 23 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 980,421
- Deposit, UAE resident (20%)
- AED 196,084
- Deposit, non-resident (40%)
- AED 392,168
- Monthly over 25 years at 3.7%
- AED 4,011
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →