2-bed · 1,006 sqftAl Ramth 57, Remraam · 4th floor · completed 2011

405, Al Ramth 57

Sold prices and rental history: sold 6 times, last in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 11 December 2024
Last soldAED 980K16 September 2024
Current rentAED 66K /yr11 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Al Ramth 57

What is 405 worth today?

Last sold for AED 980,421 in 2024

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11 Dec 2024RentedRenewal
AED 65,984/yr12 months · AED 66 per sqft
16 Sep 2024SoldReady
AED 980,421AED 974 per sqft
2 Jul 2024SoldReady
AED 498,000AED 495 per sqft
12 Dec 2023RentedRenewal
AED 63,017/yr12 months · AED 63 per sqft
12 Dec 2022RentedRenewal
AED 59,850/yr12 months · AED 60 per sqft
28 Dec 2020RentedRenewal
AED 59,651/yr11 months · AED 59 per sqft
28 Nov 2019RentedNew contract
AED 70,521/yr13 months · AED 70 per sqft
5 Aug 2018RentedNew contract
AED 68,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 11 December 2024.

Key facts

Type
2-bed apartment
Size
1,006 sqft
Floor
4th of 5
Parking
G-100
Developer
Remraam
Completed
2011
Service charge
AED 15,400 /yr
Last sold
AED 980K · September 2024
Building
Al Ramth 57

About 405, Al Ramth 57

405 is a two-bedroom apartment of 1,006 sqft on the 4th floor of Al Ramth 57, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 16 September 2024 for AED 980,421, or AED 974 per sqft, 97% above the AED 495 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 11 December 2024, is AED 65,984 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 15,400 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Al Ramth 57
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,407,179; 2013 AED 1,070,268; 2014 AED 1,070,268; 2015 AED 805,322; 2024 AED 693,272; 2025 AED 1,385,863Sold by developer, April 2009: AED 1,338,379 (AED 1,330 per sqft)Sold, April 2013: AED 1,014,675 (AED 1,009 per sqft)Sold, August 2014: AED 1,014,675 (AED 1,009 per sqft)Sold, September 2015: AED 784,358 (AED 780 per sqft)Sold, July 2024: AED 498,000 (AED 495 per sqft)Sold, September 2024: AED 980,421 (AED 974 per sqft)

405 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 405, each contractTypical two-bed in Al Ramth 57
50K100K2013201720212025Typical rent by year: 2013 AED 41,174; 2017 AED 73,846; 2018 AED 70,000; 2019 AED 70,521; 2020 AED 75,863; 2021 AED 50,000; 2022 AED 56,000; 2023 AED 60,067; 2024 AED 63,650; 2025 AED 79,741; 2026 AED 102,500New contract, July 2013: AED 41,174 a yearNew contract, August 2018: AED 68,000 a yearNew contract, November 2019: AED 70,521 a yearRenewal, December 2020: AED 59,651 a yearRenewal, December 2022: AED 59,850 a yearRenewal, December 2023: AED 63,017 a yearRenewal, December 2024: AED 65,984 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 57, and where 405 sits

All 16 2-beds →

405 last sold in September 2024 at AED 974 per sqft, 97% above what two-beds in Al Ramth 57 were fetching at the time (AED 495). Over the last 12 months two-beds sold for AED 1,385,863 to 1,438,407, around AED 924 per sqft, and rent for AED 71,000 to 120,000 a year. 405's AED 65,984 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Jan 20261,385,863
25 Dec 20251,438,407
25 Dec 20251,385,863
19 May 20251,385,863
3 2-bed sales in the last 12 months

Al Ramth 57

Building

48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.

Typical price per sqft
AED 912
Typical sale
AED 1.39M
Typical rent
AED 76K /yr
Typical yield
8.8%
Al Ramth 57, Remraam: prices, sales and rents →

Other units on the 4th floor

All 48 units in Al Ramth 57
Value
4011-bedAED 665K · Sep 2024
4021-bedAED 758K · Nov 2024
4031-bedAED 758K · Oct 2024
4042-bedAED 980K · Aug 2024
4061-bedAED 758K · Aug 2024
4071-bedAED 758K · Oct 2024
4081-bedAED 689K · Nov 2024
1–7 of 8

405, Al Ramth 57 in numbers

  • Sold 6 times: first on 7 April 2009 for AED 1,338,379, last on 16 September 2024 for AED 980,421 (AED 974 per sqft).
  • Rented since July 2013 on 7 Ejari contracts, from AED 41,174 to AED 65,984 a year.
  • At AED 65,984 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 15,400 a year (AED 15.34 per sqft).
  • Two-beds in Al Ramth 57 sold for AED 1,385,863–1,438,407 in the 12 months to November 2026; the building's median across all types is AED 912 per sqft.

Source: Dubai Land Department. Updated 11 December 2024.

Questions about 405, Al Ramth 57

What did unit 405 last sell for?

AED 980,421 on 16 September 2024: AED 974 per sqft for 1,006 sqft. The unit has 6 registered sales; the first was AED 1,338,379 in April 2009.

What is the rent for unit 405?

AED 65,984 a year on the contract renewed on 11 December 2024. The previous contract, from December 2023, was AED 63,017; the unit has been rented since July 2013.

How big is unit 405?

1,006 sqft (93.5 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. Two-beds in Al Ramth 57 sold for AED 1,385,863 to 1,438,407 in the last 12 months, around AED 924 per sqft.

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Mortgage on 405, Al Ramth 57

Starts from the last sale price (AED 980K, 16 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 980,421
Deposit, UAE resident (20%)
AED 196,084
Deposit, non-resident (40%)
AED 392,168
Monthly over 25 years at 3.7%
AED 4,011

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