401, Al Ramth 01
Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Al Ramth 01
What is 401 worth today?
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Source: Dubai Land Department. Updated 11 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 665 sqft
- Floor
- 4th of 5
- Parking
- G-104
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,200 /yr
- Last sold
- AED 659K · November 2014
- Building
- Al Ramth 01
About 401, Al Ramth 01
401 is a one-bedroom apartment of 665 sqft on the 4th floor of Al Ramth 01, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 30 November 2014 for AED 659,000, or AED 990 per sqft, in line with the AED 995 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 11 May 2024, is AED 48,000 a year: a gross yield of 7.3% on the 2014 price, before the service charge of about AED 10,200 a year.
Sales and rents for 401 over time
401 has sold once; 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 01, and where 401 sits
All 21 1-beds →401 last sold in November 2014 at AED 990 per sqft, in line with what one-beds in Al Ramth 01 were fetching at the time (AED 995).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jul 20244 July 2024 | 758 sqft | 568,000 | 749 | ||
| 1 Jul 20241 July 2024 | 1,182 sqft | 665,000 | 562 | ||
| 28 Sep 202328 September 2023 | 758 sqft | 500,000 | 659 | ||
| 11 Nov 202211 November 2022 | 758 sqft | 420,000 | 553 |
Al Ramth 01
Building45 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 51K /yr
- Typical yield
Other units on the 4th floor
All 45 units in Al Ramth 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 758 sqft | AED 690KAED 690,000 · Jun 2016June 2016 | 60,000 /yr | |
| 403 | 1-bed | 758 sqft | AED 420KAED 420,000 · Nov 2022November 2022 | 32,000 /yr | |
| 404 | 2-bed | 1,006 sqft | AED 996KAED 996,000 · Nov 2014November 2014 | 60,000 /yr | |
| 405 | 2-bed | 1,006 sqft | AED 950KAED 950,000 · Mar 2025March 2025 | 45,000 /yr | |
| 406 | 1-bed | 758 sqft | AED 568KAED 568,000 · Jul 2024July 2024 | 42,000 /yr | |
| 407 | 1-bed | 758 sqft | AED 500KAED 500,000 · Sep 2023September 2023 | 40,000 /yr | |
| 408 | 1-bed | 689 sqft | AED 683KAED 683,000 · Nov 2014November 2014 | 46,200 /yr | |
| 409 | Studio | 468 sqft | AED 300KAED 300,000 · Oct 2022October 2022 | 42,000 /yr |
401, Al Ramth 01 in numbers
- Sold once: by Remraam on 30 November 2014 for AED 659,000, or AED 990 per sqft.
- Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 41,116 to AED 34,000 in 2023 and recovered to AED 48,000 by May 2024.
- At AED 48,000 a year the gross yield on the 2014 price is 7.3%, before a service charge of about AED 10,200 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 11 May 2024.
Questions about 401, Al Ramth 01
What did unit 401 last sell for?
AED 659,000 on 30 November 2014, sold by the developer: AED 990 per sqft for 665 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 48,000 a year on the contract renewed on 11 May 2024. The previous contract, from May 2023, was AED 40,000; the unit has been rented since December 2018.
How big is unit 401?
665 sqft (61.8 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.
What is unit 401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 401, Al Ramth 01
Starts from the last sale price (AED 659K, 30 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 659,000
- Deposit, UAE resident (20%)
- AED 131,800
- Deposit, non-resident (40%)
- AED 263,600
- Monthly over 25 years at 3.7%
- AED 2,696
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →