508, Al Ramth 59
Sold prices and rental history: sold 6 times, last in September 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 508, Al Ramth 59
What is 508 worth today?
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Source: Dubai Land Department. Updated 16 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 665 sqft
- Floor
- 5th of 6
- Parking
- G-73
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,200 /yr
- Last sold
- AED 665K · September 2024
- Building
- Al Ramth 59
About 508, Al Ramth 59
508 is a one-bedroom apartment of 665 sqft on the 5th floor of Al Ramth 59, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 16 September 2024 for AED 665,100, or AED 1,000 per sqft, 97% above the AED 508 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 14 February 2024, is AED 41,411 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 10,200 a year.
Sales and rents for 508 over time
508 has sold 6 times; the dashed line is the one-bed median of each year in the building.
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 59, and where 508 sits
All 24 1-beds →508 last sold in September 2024 at AED 1,000 per sqft, 97% above what one-beds in Al Ramth 59 were fetching at the time (AED 508). Over the last 12 months one-beds sold for AED 1,043,730 to 1,072,722, around AED 925 per sqft, and rent for AED 48,300 to 66,000 a year. 508's AED 41,411 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Apr 202621 April 2026 | 1,158 sqft | 1,071,030 | 925 | ||
| 3 Mar 20263 March 2026 | 1,160 sqft | 1,072,722 | 925 | ||
| 4 Feb 20264 February 2026 | 1,160 sqft | 1,043,730 | 900 | ||
| 24 Apr 202524 April 2025 | 1,112 sqft | 1,029,016 | 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 | |
| 505 | 2-bed | 1,006 sqft | AED 980KAED 980,421 · Aug 2024August 2024 | 72,000 /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 | |
| 509 | Studio | 468 sqft | AED 351KAED 351,090 · Dec 2024December 2024 | 40,000 /yr |
508, Al Ramth 59 in numbers
- Sold 6 times: first on 7 April 2009 for AED 906,228, last on 16 September 2024 for AED 665,100 (AED 1,000 per sqft).
- Rented since July 2013 on 5 Ejari contracts, from AED 23,456 to AED 41,411 a year.
- At AED 41,411 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 10,200 a year (AED 15.34 per sqft).
- One-beds in Al Ramth 59 sold for AED 1,043,730–1,072,722 in the 12 months to November 2026; the building's median across all types is AED 916 per sqft.
Source: Dubai Land Department. Updated 16 September 2024.
Questions about 508, Al Ramth 59
What did unit 508 last sell for?
AED 665,100 on 16 September 2024: AED 1,000 per sqft for 665 sqft. The unit has 6 registered sales; the first was AED 906,228 in April 2009.
What is the rent for unit 508?
AED 41,411 a year on the contract renewed on 14 February 2024. The previous contract, from February 2023, was AED 37,500; the unit has been rented since July 2013.
How big is unit 508?
665 sqft (61.8 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2011.
What is unit 508 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 59 sold for AED 1,043,730 to 1,072,722 in the last 12 months, around AED 925 per sqft.
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Mortgage on 508, Al Ramth 59
Starts from the last sale price (AED 665K, 16 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 665,100
- Deposit, UAE resident (20%)
- AED 133,020
- Deposit, non-resident (40%)
- AED 266,040
- Monthly over 25 years at 3.7%
- AED 2,721
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →