1-bed · 506 sqftAl Ramth 03, Remraam · 4th floor · completed 2011

407, Al Ramth 03

Sold prices and rental history: sold 3 times, last in February 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 320K17 February 2022
Current rentAED 53K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Al Ramth 03

What is 407 worth today?

Last sold for AED 320,000 in 2022

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15 Sep 2026RentedRenewal
AED 52,500/yr12 months · AED 69 per sqft
15 Sep 2025RentedNew contract
AED 52,500/yr12 months · AED 69 per sqft
25 Aug 2024RentedRenewal
AED 40,000/yr12 months · AED 53 per sqft
25 Aug 2023RentedRenewal
AED 36,000/yr12 months · AED 47 per sqft
25 Aug 2022RentedNew contract
AED 32,000/yr12 months · AED 42 per sqft
17 Feb 2022SoldReady
AED 320,000AED 632 per sqft
8 Dec 2021SoldReady · flagged as an outlier
AED 32,822AED 43 per sqft
25 Aug 2021RentedNew contract
AED 30,000/yr12 months · AED 40 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
1-bed apartment
Size
506 sqft
Floor
4th of 5
Parking
G-63
Developer
Remraam
Completed
2011
Service charge
AED 7,800 /yr
Last sold
AED 320K · February 2022
Building
Al Ramth 03

About 407, Al Ramth 03

407 is a one-bedroom apartment of 506 sqft on the 4th floor of Al Ramth 03, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 17 February 2022 for AED 320,000, or AED 632 per sqft, in line with the AED 636 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 15 September 2026, is AED 52,500 a year: a gross yield of 16.4% on the 2022 price, before the service charge of about AED 7,800 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Al Ramth 03
250K500K750K2014201720202023Typical sale price by year: 2014 AED 781,585; 2016 AED 848,610; 2021 AED 325,000; 2022 AED 345,000Sold by developer, April 2014: AED 781,585 (AED 1,030 per sqft)Sold, February 2022: AED 320,000 (AED 632 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Al Ramth 03
40K60K2014201820222026Typical rent by year: 2014 AED 60,000; 2015 AED 55,500; 2016 AED 59,000; 2017 AED 56,000; 2018 AED 53,500; 2019 AED 45,000; 2020 AED 40,000; 2021 AED 32,000; 2022 AED 35,075; 2023 AED 43,250; 2024 AED 48,000; 2025 AED 54,000; 2026 AED 54,725New contract, February 2014: AED 55,000 a yearRenewal, February 2015: AED 55,000 a yearRenewal, February 2016: AED 58,000 a yearRenewal, February 2017: AED 56,000 a yearRenewal, February 2018: AED 56,000 a yearNew contract, August 2021: AED 30,000 a yearNew contract, August 2022: AED 32,000 a yearRenewal, August 2023: AED 36,000 a yearRenewal, August 2024: AED 40,000 a yearNew contract, September 2025: AED 52,500 a yearRenewal, September 2026: AED 52,500 a year

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 03, and where 407 sits

All 21 1-beds →

407 last sold in February 2022 at AED 632 per sqft, in line with what one-beds in Al Ramth 03 were fetching at the time (AED 636). 407's AED 52,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 May 2025695,000
4 Mar 2025610,000
25 Jul 2024620,000
1 May 2024610,000
0 1-bed sales in the last 12 months

Al Ramth 03

Building

44 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 1,133
Typical sale
AED 1.7M
Typical rent
AED 61K /yr
Typical yield
6.4%
Al Ramth 03, Remraam: prices, sales and rents →

Other units on the 4th floor

All 44 units in Al Ramth 03
Value
4011-bedAED 290K · Dec 2021
4021-bedAED 320K · Feb 2022
4031-bedAED 320K · Dec 2021
4042-bedAED 460K · Dec 2021
4052-bedAED 430K · Dec 2021
4061-bedAED 320K · Dec 2021
4081-bedAED 280K · Dec 2021
1–7 of 8

407, Al Ramth 03 in numbers

  • Sold 3 times: first on 22 April 2014 for AED 781,585, last on 17 February 2022 for AED 320,000 (AED 632 per sqft).
  • Rented since February 2014 on 11 Ejari contracts. The rent fell from AED 55,000 to AED 30,000 in 2021 and recovered to AED 52,500 by September 2026.
  • At AED 52,500 a year the gross yield on the 2022 price is 16.4%, before a service charge of about AED 7,800 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 15 September 2026.

Questions about 407, Al Ramth 03

What did unit 407 last sell for?

AED 320,000 on 17 February 2022: AED 632 per sqft for 506 sqft. The unit has 3 registered sales; the first was AED 781,585 in April 2014.

What is the rent for unit 407?

AED 52,500 a year on the contract renewed on 15 September 2026. The previous contract, from September 2025, was AED 52,500; the unit has been rented since February 2014.

How big is unit 407?

506 sqft (47.0 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.

What is unit 407 worth today?

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Mortgage on 407, Al Ramth 03

Starts from the last sale price (AED 320K, 17 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

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