402, Al Ramth 59
Sold prices and rental history: sold 5 times, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Al Ramth 59
What is 402 worth today?
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Source: Dubai Land Department. Updated 4 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,160 sqft
- Floor
- 4th of 6
- Parking
- G-58
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 17,800 /yr
- Last sold
- AED 492K · July 2024
- Building
- Al Ramth 59
About 402, Al Ramth 59
402 is a one-bedroom apartment of 1,160 sqft on the 4th floor of Al Ramth 59, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 2 July 2024 for AED 492,011, or AED 424 per sqft, 12% below the AED 484 one-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 4 March 2025, is AED 46,393 a year: a gross yield of 9.4% on the 2024 price, before the service charge of about AED 17,800 a year.
Sales and rents for 402 over time
402 has sold 5 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 59, and where 402 sits
All 24 1-beds →402 last sold in July 2024 at AED 424 per sqft, 12% below what one-beds in Al Ramth 59 were fetching at the time (AED 484). Over the last 12 months one-beds sold for AED 1,043,730, around AED 899 per sqft, and rent for AED 48,300 to 59,000 a year. 402's AED 46,393 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 1,160 sqft | 1,043,730 | 899 | ||
| 24 Apr 202524 April 2025 | 1,112 sqft | 1,029,016 | 924 | ||
| 10 Apr 202510 April 2025 | 1,112 sqft | 1,000,000 | 898 | ||
| 24 Jan 202524 January 2025 | 689 sqft | 688,890 | 999 |
Al Ramth 59
Building57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 7 sold in the last 12 months.
- Typical price per sqft
- AED 924
- Typical sale
- AED 1.48M
- Typical rent
- AED 56K /yr
- Typical yield
- 8.8%
Other units on the 4th floor
All 57 units in Al Ramth 59| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 689 sqft | AED 689KAED 688,890 · Sep 2024September 2024 | 54,000 /yr | |
| 403 | 1-bed | 1,112 sqft | AED 1.03MAED 1,029,016 · Apr 2025April 2025 | 43,784 /yr | |
| 404 | 2-bed | 1,005 sqft | AED 980KAED 980,216 · Sep 2024September 2024 | 82,500 /yr | |
| 405 | 2-bed | 1,005 sqft | AED 980KAED 980,216 · Oct 2024October 2024 | 80,000 /yr | |
| 406 | 1-bed | 1,112 sqft | AED 1MAED 1,000,000 · Apr 2025April 2025 | 53,143 /yr | |
| 407 | 1-bed | 1,160 sqft | AED 1.04MAED 1,043,730 · Feb 2026February 2026 | 46,020 /yr | |
| 408 | 1-bed | 665 sqft | AED 665KAED 665,102 · Oct 2024October 2024 | 56,000 /yr | |
| 409 | Studio | 468 sqft | AED 445KAED 445,028 · Sep 2024September 2024 | 45,000 /yr |
402, Al Ramth 59 in numbers
- Sold 5 times: first on 7 April 2009 for AED 1,159,499, last on 2 July 2024 for AED 492,011 (AED 424 per sqft).
- Rented since July 2013 on 7 Ejari contracts, from AED 40,900 to AED 46,393 a year.
- At AED 46,393 a year the gross yield on the 2024 price is 9.4%, before a service charge of about AED 17,800 a year (AED 15.34 per sqft).
- One-beds in Al Ramth 59 sold for AED 1,043,730–1,043,730 in the 12 months to November 2026; the building's median across all types is AED 924 per sqft.
Source: Dubai Land Department. Updated 4 March 2025.
Questions about 402, Al Ramth 59
What did unit 402 last sell for?
AED 492,011 on 2 July 2024: AED 424 per sqft for 1,160 sqft. The unit has 5 registered sales; the first was AED 1,159,499 in April 2009.
What is the rent for unit 402?
AED 46,393 a year on the contract renewed on 4 March 2025. The previous contract, from March 2024, was AED 46,100; the unit has been rented since July 2013.
How big is unit 402?
1,160 sqft (107.8 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2011.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Ramth 59 sold for AED 1,043,730 to 1,043,730 in the last 12 months, around AED 899 per sqft.
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Mortgage on 402, Al Ramth 59
Starts from the last sale price (AED 492K, 2 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 492,011
- Deposit, UAE resident (20%)
- AED 98,402
- Deposit, non-resident (40%)
- AED 196,804
- Monthly over 25 years at 3.7%
- AED 2,013
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →