406, Al Ramth 01
Sold prices and rental history: sold twice, last in July 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 406, Al Ramth 01
What is 406 worth today?
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Source: Dubai Land Department. Updated 4 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 758 sqft
- Floor
- 4th of 5
- Parking
- G-99
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,600 /yr
- Last sold
- AED 568K · July 2024
- Building
- Al Ramth 01
About 406, Al Ramth 01
406 is a one-bedroom apartment of 758 sqft on the 4th floor of Al Ramth 01, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 4 July 2024 for AED 568,000, or AED 749 per sqft, 14% above the AED 659 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 15 January 2023, is AED 42,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 11,600 a year.
Sales and rents for 406 over time
406 has sold twice; 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 01, and where 406 sits
All 21 1-beds →406 last sold in July 2024 at AED 749 per sqft, 14% above what one-beds in Al Ramth 01 were fetching at the time (AED 659). Over the last 12 months one-beds sold for AED 750,000 to 900,000, around AED 883 per sqft, and rent for AED 46,200 to 75,000 a year. 406's AED 42,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Apr 202610 April 2026 | 758 sqft | 750,000 | 989 | ||
| 9 Apr 20269 April 2026 | 1,160 sqft | 900,000 | 776 | ||
| 1 Jul 20241 July 2024 | 1,182 sqft | 665,000 | 562 | ||
| 28 Sep 202328 September 2023 | 758 sqft | 500,000 | 659 |
Al Ramth 01
Building45 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.
- Typical price per sqft
- AED 883
- Typical sale
- AED 825K
- Typical rent
- AED 61K /yr
- Typical yield
- 8.7%
Other units on the 4th floor
All 45 units in Al Ramth 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 665 sqft | AED 659KAED 659,000 · Nov 2014November 2014 | 57,000 /yr | |
| 402 | 1-bed | 758 sqft | AED 690KAED 690,000 · Jun 2016June 2016 | 60,000 /yr | |
| 403 | 1-bed | 758 sqft | AED 420KAED 420,000 · Nov 2022November 2022 | 32,000 /yr | |
| 404 | 2-bed | 1,006 sqft | AED 996KAED 996,000 · Nov 2014November 2014 | 80,000 /yr | |
| 405 | 2-bed | 1,006 sqft | AED 950KAED 950,000 · Mar 2025March 2025 | 60,500 /yr | |
| 407 | 1-bed | 758 sqft | AED 750KAED 750,000 · Apr 2026April 2026 | 40,000 /yr | |
| 408 | 1-bed | 689 sqft | AED 683KAED 683,000 · Nov 2014November 2014 | 46,200 /yr | |
| 409 | Studio | 468 sqft | AED 300KAED 300,000 · Oct 2022October 2022 | 42,000 /yr |
406, Al Ramth 01 in numbers
- Sold twice: first on 24 November 2014 for AED 704,865, last on 4 July 2024 for AED 568,000 (AED 749 per sqft).
- Rented since January 2015 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 31,000 in 2021 and recovered to AED 42,000 by January 2023.
- At AED 42,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 11,600 a year (AED 15.34 per sqft).
- One-beds in Al Ramth 01 sold for AED 750,000–900,000 in the 12 months to November 2026; the building's median across all types is AED 883 per sqft.
Source: Dubai Land Department. Updated 4 July 2024.
Questions about 406, Al Ramth 01
What did unit 406 last sell for?
AED 568,000 on 4 July 2024: AED 749 per sqft for 758 sqft. The unit has 2 registered sales; the first was AED 704,865 in November 2014.
What is the rent for unit 406?
AED 42,000 a year on the contract signed on 15 January 2023. The previous contract, from August 2021, was AED 31,000; the unit has been rented since January 2015.
How big is unit 406?
758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 5-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. One-beds in Al Ramth 01 sold for AED 750,000 to 900,000 in the last 12 months, around AED 883 per sqft.
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Mortgage on 406, Al Ramth 01
Starts from the last sale price (AED 568K, 4 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 568,000
- Deposit, UAE resident (20%)
- AED 113,600
- Deposit, non-resident (40%)
- AED 227,200
- Monthly over 25 years at 3.7%
- AED 2,324
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →