509, Al Ramth 59
Sold prices and rental history: sold 7 times, last in December 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 509, Al Ramth 59
What is 509 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 468 sqft
- Floor
- 5th of 6
- Parking
- G-74
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,200 /yr
- Last sold
- AED 351K · December 2024
- Building
- Al Ramth 59
About 509, Al Ramth 59
509 is a studio of 468 sqft on the 5th floor of Al Ramth 59, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 4 December 2024 for AED 351,090, or AED 750 per sqft, in line with the AED 750 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 May 2026, is AED 40,000 a year: a gross yield of 11.4% on the 2024 price, before the service charge of about AED 7,200 a year.
Sales and rents for 509 over time
509 has sold 7 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Ramth 59, and where 509 sits
All 5 studios →509 last sold in December 2024 at AED 750 per sqft, in line with what studios in Al Ramth 59 were fetching at the time (AED 750). Over the last 12 months studios sold for AED 407,011, around AED 869 per sqft, and rent for AED 40,000 to 45,000 a year. 509's AED 40,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Apr 202621 April 2026 | 468 sqft | 407,011 | 869 | ||
| 4 Dec 20244 December 2024 | 468 sqft | 351,338 | 750 | ||
| 4 Nov 20244 November 2024 | 468 sqft | 468,450 | 1,000 | ||
| 2 Oct 20242 October 2024 | 468 sqft | 468,450 | 1,000 |
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 | |
| 508 | 1-bed | 665 sqft | AED 665KAED 665,100 · Sep 2024September 2024 | 41,411 /yr |
509, Al Ramth 59 in numbers
- Sold 7 times: first on 7 April 2009 for AED 632,100, last on 4 December 2024 for AED 351,090 (AED 750 per sqft).
- Rented since July 2013 on 9 Ejari contracts, from AED 16,510 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2024 price is 11.4%, before a service charge of about AED 7,200 a year (AED 15.34 per sqft).
- Studios in Al Ramth 59 sold for AED 407,011–407,011 in the 12 months to November 2026; the building's median across all types is AED 916 per sqft.
Source: Dubai Land Department. Updated 1 May 2026.
Questions about 509, Al Ramth 59
What did unit 509 last sell for?
AED 351,090 on 4 December 2024: AED 750 per sqft for 468 sqft. The unit has 7 registered sales; the first was AED 632,100 in April 2009.
What is the rent for unit 509?
AED 40,000 a year on the contract signed on 1 May 2026. The previous contract, from May 2025, was AED 40,000; the unit has been rented since July 2013.
How big is unit 509?
468 sqft (43.5 sqm): a studio on the 5th floor of a 6-storey tower completed in 2011.
What is unit 509 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Ramth 59 sold for AED 407,011 to 407,011 in the last 12 months, around AED 869 per sqft.
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Mortgage on 509, Al Ramth 59
Starts from the last sale price (AED 351K, 4 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 351,090
- Deposit, UAE resident (20%)
- AED 70,218
- Deposit, non-resident (40%)
- AED 140,436
- Monthly over 25 years at 3.7%
- AED 1,436
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →