2-bed · 1,006 sqftAl Ramth 01, Remraam · 4th floor · completed 2011

404, Al Ramth 01

Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 18 March 2024
Last soldAED 996K30 November 2014
Current rentAED 60K /yr18 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Al Ramth 01

What is 404 worth today?

Last sold for AED 996,000 in 2014

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18 Mar 2024RentedRenewal
AED 60,000/yr12 months · AED 60 per sqft
18 Mar 2023RentedRenewal
AED 52,800/yr12 months · AED 53 per sqft
18 Mar 2022RentedRenewal
AED 48,000/yr12 months · AED 48 per sqft
1 Mar 2016RentedNew contract
AED 80,000/yr12 months · AED 80 per sqft
30 Nov 2014Sold by developerReady
AED 996,000AED 990 per sqft

Source: Dubai Land Department. Updated 18 March 2024.

Key facts

Type
2-bed apartment
Size
1,006 sqft
Floor
4th of 5
Parking
G-101
Developer
Remraam
Completed
2011
Service charge
AED 15,400 /yr
Last sold
AED 996K · November 2014
Building
Al Ramth 01

About 404, Al Ramth 01

404 is a two-bedroom apartment of 1,006 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 996,000, or AED 990 per sqft, in line with the AED 983 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 18 March 2024, is AED 60,000 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 15,400 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Al Ramth 01
800K1M20142017202020232026Typical sale price by year: 2014 AED 996,000; 2015 AED 806,867; 2023 AED 695,000; 2025 AED 950,000Sold by developer, November 2014: AED 996,000 (AED 990 per sqft)

404 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 404, each contractTypical two-bed in Al Ramth 01
60K80K2014201720202023Typical rent by year: 2014 AED 73,000; 2015 AED 85,000; 2016 AED 80,000; 2017 AED 76,500; 2018 AED 76,387; 2019 AED 65,000; 2020 AED 48,000; 2021 AED 54,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 76,057New contract, March 2016: AED 80,000 a yearRenewal, March 2022: AED 48,000 a yearRenewal, March 2023: AED 52,800 a yearRenewal, March 2024: AED 60,000 a year

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 01, and where 404 sits

All 15 2-beds →

404 last sold in November 2014 at AED 990 per sqft, in line with what two-beds in Al Ramth 01 were fetching at the time (AED 983).

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jul 20251,150,000
3 Apr 2025910,000
13 Mar 2025950,000
26 Feb 2025950,000
0 2-bed sales in the last 12 months

Al Ramth 01

Building

45 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
Al Ramth 01, Remraam: prices, sales and rents →

Other units on the 4th floor

All 45 units in Al Ramth 01
Value
4011-bedAED 659K · Nov 2014
4021-bedAED 690K · Jun 2016
4031-bedAED 420K · Nov 2022
4052-bedAED 950K · Mar 2025
4061-bedAED 568K · Jul 2024
4071-bedAED 500K · Sep 2023
4081-bedAED 683K · Nov 2014
1–7 of 8

404, Al Ramth 01 in numbers

  • Sold once: by Remraam on 30 November 2014 for AED 996,000, or AED 990 per sqft.
  • Rented since March 2016 on 4 Ejari contracts. The rent fell from AED 80,000 to AED 48,000 in 2022 and recovered to AED 60,000 by March 2024.
  • At AED 60,000 a year the gross yield on the 2014 price is 6.0%, before a service charge of about AED 15,400 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 18 March 2024.

Questions about 404, Al Ramth 01

What did unit 404 last sell for?

AED 996,000 on 30 November 2014, sold by the developer: AED 990 per sqft for 1,006 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 60,000 a year on the contract renewed on 18 March 2024. The previous contract, from March 2023, was AED 52,800; the unit has been rented since March 2016.

How big is unit 404?

1,006 sqft (93.5 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.

What is unit 404 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 404, Al Ramth 01

Starts from the last sale price (AED 996K, 30 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 996,000
Deposit, UAE resident (20%)
AED 199,200
Deposit, non-resident (40%)
AED 398,400
Monthly over 25 years at 3.7%
AED 4,075

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