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1-bed · 758 sqftAl Ramth 03, Remraam · 4th floor · completed 2011

406, Al Ramth 03

Sold prices and rental history: sold 3 times, last in December 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 320K14 December 2021
Current rentAED 51K /yr20 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, Al Ramth 03

What is 406 worth today?

Last sold for AED 320,000 in 2021

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20 Mar 2025RentedRenewal
AED 50,600/yr12 months · AED 67 per sqft
20 Mar 2024RentedRenewal
AED 44,000/yr12 months · AED 58 per sqft
20 Mar 2023RentedNew contract
AED 40,000/yr12 months · AED 53 per sqft
27 May 2022RentedNew contract
AED 34,100/yr12 months · AED 45 per sqft
14 Dec 2021SoldReady
AED 320,000AED 633 per sqft
8 Dec 2021SoldReady · flagged as an outlier
AED 32,823AED 43 per sqft
27 May 2021RentedNew contract
AED 31,000/yr12 months · AED 41 per sqft
31 Mar 2020RentedNew contract
AED 38,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
4th of 5
Parking
G-62
Developer
Remraam
Completed
2011
Service charge
AED 11,600 /yr
Last sold
AED 320K · December 2021
Building
Al Ramth 03

About 406, Al Ramth 03

406 is a one-bedroom apartment of 758 sqft on the 4th floor of Al Ramth 03, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 14 December 2021 for AED 320,000, or AED 633 per sqft, in line with the AED 635 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 20 March 2025, is AED 50,600 a year: a gross yield of 15.8% on the 2021 price, before the service charge of about AED 11,600 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Al Ramth 03
250K500K750K2014201720202023Typical sale price by year: 2014 AED 781,585; 2016 AED 848,610; 2021 AED 325,000; 2022 AED 345,000Sold by developer, April 2014: AED 781,585 (AED 1,030 per sqft)Sold, December 2021: AED 320,000 (AED 633 per sqft)

406 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 406, each contractTypical one-bed in Al Ramth 03
40K60K20142017202020232026Typical rent by year: 2014 AED 60,000; 2015 AED 60,000; 2016 AED 60,000; 2017 AED 57,500; 2018 AED 52,000; 2019 AED 45,000; 2020 AED 40,000; 2021 AED 32,000; 2022 AED 35,038; 2023 AED 43,500; 2024 AED 47,500; 2025 AED 54,000New contract, November 2014: AED 60,000 a yearNew contract, June 2016: AED 60,000 a yearRenewal, June 2017: AED 60,000 a yearRenewal, June 2018: AED 51,000 a yearRenewal, February 2019: AED 40,800 a yearRenewal, July 2019: AED 44,000 a yearNew contract, March 2020: AED 38,000 a yearNew contract, May 2021: AED 31,000 a yearNew contract, May 2022: AED 34,100 a yearNew contract, March 2023: AED 40,000 a yearRenewal, March 2024: AED 44,000 a yearRenewal, March 2025: AED 50,600 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 03, and where 406 sits

All 21 1-beds →

406 last sold in December 2021 at AED 633 per sqft, in line with what one-beds in Al Ramth 03 were fetching at the time (AED 635).

Recent 1-bed salesUnit no.Price (AED)Summary
9 May 2025695,000
4 Mar 2025610,000
25 Jul 2024620,000
1 May 2024610,000
0 1-bed sales in the last 12 months

Al Ramth 03

Building

44 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 112K /yr
Typical yield
Al Ramth 03, Remraam: prices, sales and rents →

Other units on the 4th floor

All 44 units in Al Ramth 03
Value
4011-bedAED 290K · Dec 2021
4021-bedAED 320K · Feb 2022
4031-bedAED 320K · Dec 2021
4042-bedAED 460K · Dec 2021
4052-bedAED 430K · Dec 2021
4071-bedAED 320K · Feb 2022
4081-bedAED 280K · Dec 2021
1–7 of 8

406, Al Ramth 03 in numbers

  • Sold 3 times: first on 22 April 2014 for AED 781,585, last on 14 December 2021 for AED 320,000 (AED 633 per sqft).
  • Rented since November 2014 on 12 Ejari contracts. The rent fell from AED 60,000 to AED 31,000 in 2021 and recovered to AED 50,600 by March 2025.
  • At AED 50,600 a year the gross yield on the 2021 price is 15.8%, before a service charge of about AED 11,600 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 20 March 2025.

Questions about 406, Al Ramth 03

What did unit 406 last sell for?

AED 320,000 on 14 December 2021: AED 633 per sqft for 758 sqft. The unit has 3 registered sales; the first was AED 781,585 in April 2014.

What is the rent for unit 406?

AED 50,600 a year on the contract renewed on 20 March 2025. The previous contract, from March 2024, was AED 44,000; the unit has been rented since November 2014.

How big is unit 406?

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

What is unit 406 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 406, Al Ramth 03

Starts from the last sale price (AED 320K, 14 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

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