408, Al Ramth 53
Sold prices and rental history: sold 4 times, last in December 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Al Ramth 53
What is 408 worth today?
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Source: Dubai Land Department. Updated 29 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 668 sqft
- Floor
- 3rd of 6
- Parking
- G-85
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,200 /yr
- Last sold
- AED 540K · December 2024
- Building
- Al Ramth 53
About 408, Al Ramth 53
408 is a one-bedroom apartment of 668 sqft on the 3rd floor of Al Ramth 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 5 December 2024 for AED 540,000, or AED 808 per sqft, 16% above the AED 698 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 29 August 2025, is AED 56,000 a year: a gross yield of 10.4% on the 2024 price, before the service charge of about AED 10,200 a year.
Sales and rents for 408 over time
408 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 53, and where 408 sits
All 24 1-beds →408 last sold in December 2024 at AED 808 per sqft, 16% above what one-beds in Al Ramth 53 were fetching at the time (AED 698). 408's AED 56,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jan 202529 January 2025 | 1,150 sqft | 660,000 | 573 | ||
| 6 Dec 20246 December 2024 | 669 sqft | 540,000 | 807 | ||
| 5 Dec 20245 December 2024 | 668 sqft | 540,000 | 808 | ||
| 30 Apr 202430 April 2024 | 1,157 sqft | 680,000 | 587 |
Al Ramth 53
Building57 apartments, studios to 3-bed over 6 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 57K /yr
- Typical yield
Other units on the 3rd floor
All 57 units in Al Ramth 53| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 669 sqft | AED 692KAED 691,740 · Dec 2014December 2014 | 29,000 /yr | |
| 302 | 2-bed | 1,149 sqft | AED 1.1MAED 1,100,000 · Mar 2025March 2025 | 85,000 /yr | |
| 303 | 2-bed | 1,149 sqft | AED 620KAED 620,000 · Mar 2023March 2023 | 65,000 /yr | |
| 304 | 2-bed | 1,009 sqft | AED 800KAED 800,000 · Aug 2019August 2019 | 58,000 /yr | |
| 305 | 2-bed | 1,009 sqft | AED 760KAED 760,000 · Nov 2023November 2023 | 90,000 /yr | |
| 306 | 2-bed | 1,149 sqft | AED 960KAED 960,000 · Aug 2024August 2024 | 85,000 /yr | |
| 307 | 2-bed | 1,149 sqft | AED 1.26MAED 1,263,955 · Apr 2016April 2016 | 60,000 /yr | |
| 309 | Studio | 401 sqft | AED 330KAED 329,550 · Feb 2016February 2016 | 31,625 /yr |
408, Al Ramth 53 in numbers
- Sold 4 times: first on 8 April 2009 for AED 918,052, last on 5 December 2024 for AED 540,000 (AED 808 per sqft).
- Rented since March 2015 on 7 Ejari contracts. The rent fell from AED 53,000 to AED 8,239 in 2019 and recovered to AED 56,000 by August 2025.
- At AED 56,000 a year the gross yield on the 2024 price is 10.4%, before a service charge of about AED 10,200 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 29 August 2025.
Questions about 408, Al Ramth 53
What did unit 408 last sell for?
AED 540,000 on 5 December 2024: AED 808 per sqft for 668 sqft. The unit has 4 registered sales; the first was AED 918,052 in April 2009.
What is the rent for unit 408?
AED 56,000 a year on the contract renewed on 29 August 2025. The previous contract, from August 2024, was AED 36,300; the unit has been rented since March 2015.
How big is unit 408?
668 sqft (62.1 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2011.
What is unit 408 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 408, Al Ramth 53
Starts from the last sale price (AED 540K, 5 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 540,000
- Deposit, UAE resident (20%)
- AED 108,000
- Deposit, non-resident (40%)
- AED 216,000
- Monthly over 25 years at 3.7%
- AED 2,209
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →