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1-bed · 755 sqftAl Ramth 37, Remraam · 4th floor · completed 2011

406, Al Ramth 37

Sold prices and rental history: sold once, by the developer in November 2013, 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 16 October 2024
Last soldAED 655K11 November 2013
Current rentAED 37K /yr16 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, Al Ramth 37

What is 406 worth today?

Last sold for AED 654,958 in 2013

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16 Oct 2024RentedRenewal
AED 37,000/yr12 months · AED 49 per sqft
16 Oct 2023RentedRenewal
AED 36,000/yr12 months · AED 48 per sqft
16 Oct 2020RentedRenewal
AED 35,000/yr12 months · AED 46 per sqft
16 Oct 2019RentedNew contract
AED 41,000/yr12 months · AED 54 per sqft
19 Nov 2017RentedNew contract
AED 48,000/yr12 months · AED 64 per sqft
17 Mar 2016RentedRenewal
AED 50,000/yr12 months · AED 66 per sqft
17 Mar 2015RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
5 Feb 2014RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 16 October 2024.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
4th of 7
Parking
G-125
Developer
Remraam
Completed
2011
Service charge
AED 11,600 /yr
Last sold
AED 655K · November 2013
Building
Al Ramth 37

About 406, Al Ramth 37

406 is a one-bedroom apartment of 755 sqft on the 4th floor of Al Ramth 37, a 7-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 11 November 2013 for AED 654,958, or AED 867 per sqft, in line with the AED 870 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 16 October 2024, is AED 37,000 a year: a gross yield of 5.7% on the 2013 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 37
600K800K2009201420192024Typical sale price by year: 2009 AED 510,300; 2013 AED 656,701; 2014 AED 704,330; 2015 AED 748,000; 2016 AED 794,675; 2017 AED 850,000; 2024 AED 503,000; 2025 AED 635,000Sold by developer, November 2013: AED 654,958 (AED 867 per sqft)

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

Rents
Unit 406, each contractTypical one-bed in Al Ramth 37
40K60K20142017202020232026Typical rent by year: 2014 AED 49,000; 2015 AED 55,000; 2016 AED 58,000; 2017 AED 55,000; 2018 AED 51,818; 2019 AED 41,000; 2020 AED 34,500; 2021 AED 31,200; 2022 AED 35,000; 2023 AED 41,000; 2024 AED 47,000; 2025 AED 52,500New contract, February 2014: AED 50,000 a yearNew contract, March 2015: AED 50,000 a yearRenewal, March 2016: AED 50,000 a yearNew contract, November 2017: AED 48,000 a yearNew contract, October 2019: AED 41,000 a yearRenewal, October 2020: AED 35,000 a yearRenewal, October 2023: AED 36,000 a yearRenewal, October 2024: AED 37,000 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 37, and where 406 sits

All 29 1-beds →

406 last sold in November 2013 at AED 867 per sqft, in line with what one-beds in Al Ramth 37 were fetching at the time (AED 870). 406's AED 37,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jul 2025685,000
10 Jun 2025635,000
16 Apr 2025680,000
18 Mar 2025630,000
0 1-bed sales in the last 12 months

Al Ramth 37

Building

62 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 981
Typical sale
AED 990K
Typical rent
AED 47K /yr
Typical yield
6.9%
Al Ramth 37, Remraam: prices, sales and rents →

Other units on the 4th floor

All 62 units in Al Ramth 37
Value
4011-bedAED 380K · Nov 2021
4021-bedAED 748K · Aug 2015
4031-bedAED 792K · Mar 2015
404AED 990K · Dec 2025
4052-bedAED 890K · Jan 2025
4071-bedAED 700K · Sep 2016
4081-bedAED 615K · Feb 2016
1–7 of 8

406, Al Ramth 37 in numbers

  • Sold once: by Remraam on 11 November 2013 for AED 654,958, or AED 867 per sqft.
  • Rented since February 2014 on 8 Ejari contracts, from AED 50,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2013 price is 5.7%, before a service charge of about AED 11,600 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 16 October 2024.

Questions about 406, Al Ramth 37

What did unit 406 last sell for?

AED 654,958 on 11 November 2013, sold by the developer: AED 867 per sqft for 755 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 37,000 a year on the contract renewed on 16 October 2024. The previous contract, from October 2023, was AED 36,000; the unit has been rented since February 2014.

How big is unit 406?

755 sqft (70.1 sqm): a one-bedroom apartment on the 4th floor of a 7-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 37

Starts from the last sale price (AED 655K, 11 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 654,958
Deposit, UAE resident (20%)
AED 130,992
Deposit, non-resident (40%)
AED 261,983
Monthly over 25 years at 3.7%
AED 2,680

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