2-bed · 1,009 sqftAl Ramth 41, Remraam · 4th floor · completed 2011

405, Al Ramth 41

Sold prices and rental history: sold twice, last in November 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 500K11 November 2014
Current rentAED 63K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Al Ramth 41

What is 405 worth today?

Last sold for AED 499,500 in 2014

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1 Oct 2024RentedRenewal
AED 63,000/yr12 months · AED 62 per sqft
1 Oct 2023RentedRenewal
AED 57,200/yr12 months · AED 57 per sqft
1 Oct 2022RentedRenewal
AED 52,000/yr12 months · AED 51 per sqft
1 Aug 2020RentedNew contract
AED 56,000/yr14 months · AED 55 per sqft
1 Dec 2019RentedNew contract
AED 56,000/yr12 months · AED 55 per sqft
11 Nov 2014SoldReady
AED 499,500AED 495 per sqft
15 Oct 2014Sold by developerReady
AED 499,500AED 495 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
4th of 5
Parking
G-124
Developer
Remraam
Completed
2011
Service charge
AED 15,500 /yr
Last sold
AED 500K · November 2014
Building
Al Ramth 41

About 405, Al Ramth 41

405 is a two-bedroom apartment of 1,009 sqft on the 4th floor of Al Ramth 41, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 11 November 2014 for AED 499,500, or AED 495 per sqft, in line with the AED 495 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 63,000 a year: a gross yield of 12.6% on the 2014 price, before the service charge of about AED 15,500 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Al Ramth 41
600K800K2013201620192022Typical sale price by year: 2013 AED 872,946; 2014 AED 819,750; 2015 AED 890,100; 2016 AED 530,000; 2023 AED 710,000Sold by developer, October 2014: AED 499,500 (AED 495 per sqft)Sold, November 2014: AED 499,500 (AED 495 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in Al Ramth 41
40K60K80K20142017202020232026Typical rent by year: 2014 AED 70,000; 2015 AED 78,000; 2016 AED 80,000; 2017 AED 80,000; 2018 AED 67,000; 2019 AED 58,000; 2020 AED 53,000; 2021 AED 44,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 64,000; 2025 AED 78,298New contract, December 2019: AED 56,000 a yearNew contract, August 2020: AED 56,000 a yearRenewal, October 2022: AED 52,000 a yearRenewal, October 2023: AED 57,200 a yearRenewal, October 2024: AED 63,000 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 41, and where 405 sits

All 15 2-beds →

405 last sold in November 2014 at AED 495 per sqft, in line with what two-beds in Al Ramth 41 were fetching at the time (AED 495).

Recent 2-bed salesUnit no.Price (AED)Summary
16 May 20251,200,000
12 Dec 2024900,000
2 Aug 2023830,000
6 Jul 2023675,000
0 2-bed sales in the last 12 months

Al Ramth 41

Building

43 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 58K /yr
Typical yield
Al Ramth 41, Remraam: prices, sales and rents →

Other units on the 4th floor

All 43 units in Al Ramth 41
Value
4011-bedAED 500K · Oct 2024
4021-bedAED 490K · Aug 2023
4031-bedAED 655K · Jan 2014
4042-bedAED 873K · Oct 2013
4061-bedAED 655K · Jan 2014
4071-bedAED 450K · Mar 2023
4081-bedAED 662K · Jun 2014
1–7 of 8

405, Al Ramth 41 in numbers

  • Sold twice: first on 15 October 2014 for AED 499,500, last on 11 November 2014 for AED 499,500 (AED 495 per sqft).
  • Rented since December 2019 on 5 Ejari contracts, from AED 56,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2014 price is 12.6%, before a service charge of about AED 15,500 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 405, Al Ramth 41

What did unit 405 last sell for?

AED 499,500 on 11 November 2014: AED 495 per sqft for 1,009 sqft. The unit has 2 registered sales; the first was AED 499,500 in October 2014.

What is the rent for unit 405?

AED 63,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 57,200; the unit has been rented since December 2019.

How big is unit 405?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.

What is unit 405 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 405, Al Ramth 41

Starts from the last sale price (AED 500K, 11 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 499,500
Deposit, UAE resident (20%)
AED 99,900
Deposit, non-resident (40%)
AED 199,800
Monthly over 25 years at 3.7%
AED 2,044

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