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1-bed · 758 sqftAl Ramth 01, Remraam · 4th floor · completed 2011

407, Al Ramth 01

Sold prices and rental history: sold 3 times, last in September 2023, and rented once, from November 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 28 September 2023
Last soldAED 500K28 September 2023
Current rentAED 40K /yr9 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Al Ramth 01

What is 407 worth today?

Last sold for AED 500,000 in 2023

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28 Sep 2023SoldReady
AED 500,000AED 659 per sqft
9 Nov 2019RentedNew contract
AED 40,000/yr12 months · AED 53 per sqft
3 Jan 2016SoldReady
AED 685,000AED 903 per sqft
11 Nov 2014Sold by developerReady
AED 781,585AED 1,030 per sqft

Source: Dubai Land Department. Updated 28 September 2023.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
4th of 5
Parking
G-98
Developer
Remraam
Completed
2011
Service charge
AED 11,600 /yr
Last sold
AED 500K · September 2023
Building
Al Ramth 01

About 407, Al Ramth 01

407 is a one-bedroom apartment of 758 sqft on the 4th floor of Al Ramth 01, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 28 September 2023 for AED 500,000, or AED 659 per sqft.

One Ejari contract is registered, from 9 November 2019. The current contract, signed on 9 November 2019, is AED 40,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 11,600 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Al Ramth 01
600K800K2013201620192022Typical sale price by year: 2013 AED 786,380; 2014 AED 681,000; 2015 AED 686,000; 2016 AED 786,805Sold by developer, November 2014: AED 781,585 (AED 1,030 per sqft)Sold, January 2016: AED 685,000 (AED 903 per sqft)Sold, September 2023: AED 500,000 (AED 659 per sqft)

407 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407, each contractTypical one-bed in Al Ramth 01
40K60K20142017202020232026Typical rent by year: 2014 AED 55,000; 2015 AED 55,000; 2016 AED 60,500; 2017 AED 53,500; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 36,500; 2021 AED 31,000; 2022 AED 32,000; 2023 AED 40,000; 2024 AED 54,000; 2025 AED 52,500New contract, November 2019: AED 40,000 a year

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 407 sits

All 21 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
4 Jul 2024568,000
1 Jul 2024665,000
11 Nov 2022420,000
24 Jun 2018560,000
0 1-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
4042-bedAED 996K · Nov 2014
4052-bedAED 950K · Mar 2025
4061-bedAED 568K · Jul 2024
4081-bedAED 683K · Nov 2014
1–7 of 8

407, Al Ramth 01 in numbers

  • Sold 3 times: first on 11 November 2014 for AED 781,585, last on 28 September 2023 for AED 500,000 (AED 659 per sqft).
  • Rented since November 2019 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 11,600 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 28 September 2023.

Questions about 407, Al Ramth 01

What did unit 407 last sell for?

AED 500,000 on 28 September 2023: AED 659 per sqft for 758 sqft. The unit has 3 registered sales; the first was AED 781,585 in November 2014.

What is the rent for unit 407?

AED 40,000 a year on the contract signed on 9 November 2019.

How big is unit 407?

758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.

What is unit 407 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 407, Al Ramth 01

Starts from the last sale price (AED 500K, 28 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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