407, Al Ramth 11
Sold prices and rental history: sold once, by the developer in December 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Al Ramth 11
What is 407 worth today?
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Source: Dubai Land Department. Updated 12 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,201 sqft
- Floor
- 4th of 5
- Parking
- B11-G-113
- Developer
- Remraam
- Completed
- 2021
- Service charge
- AED 17,800 /yr
- Last sold
- AED 1.35M · December 2018
- Building
- Al Ramth 11
About 407, Al Ramth 11
407 is a two-bedroom apartment of 1,201 sqft on the 4th floor of Al Ramth 11, a 5-storey tower in Remraam completed in 2021 by Remraam. The developer sold it on 9 December 2018 for AED 1,345,000, or AED 1,120 per sqft, 6% above the AED 1,053 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 12 December 2024, is AED 83,800 a year: a gross yield of 6.2% on the 2018 price, before the service charge of about AED 17,800 a year.
Sales and rents for 407 over time
407 has sold once; the dashed line is the two-bed median of each year in the building.
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 11, and where 407 sits
All 22 2-beds →407 last sold in December 2018 at AED 1,120 per sqft, 6% above what two-beds in Al Ramth 11 were fetching at the time (AED 1,053). Over the last 12 months two-beds sold for AED 1,360,000, around AED 960 per sqft, and rent for AED 80,000 to 120,000 a year. 407's AED 83,800 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,416 sqft | 1,360,000 | 960 | ||
| 30 Jul 202530 July 2025 | 953 sqft | 1,080,000 | 1,133 | ||
| 22 Jul 202522 July 2025 | 953 sqft | 950,000 | 996 | ||
| 23 Jun 202523 June 2025 | 1,218 sqft | 1,150,000 | 944 |
Al Ramth 11
Building69 apartments, 1-bed to 2-bed over 5 floors in Remraam, completed in 2021 by Remraam. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,098
- Typical sale
- AED 975K
- Typical rent
- AED 59K /yr
- Typical yield
- 9.1%
Other units on the 4th floor
All 69 units in Al Ramth 11| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 582 sqft | AED 669KAED 669,000 · Dec 2018December 2018 | 58,000 /yr | |
| 402 | 2-bed | 1,201 sqft | AED 1.3MAED 1,296,000 · Nov 2018November 2018 | 95,000 /yr | |
| 403 | 2-bed | 1,201 sqft | AED 1.22MAED 1,223,000 · Nov 2018November 2018 | 110,000 /yr | |
| 406 | 2-bed | 1,201 sqft | AED 1.25MAED 1,248,000 · Nov 2018November 2018 | 87,000 /yr | |
| 408 | 1-bed | 582 sqft | AED 682KAED 682,000 · Nov 2018November 2018 | 40,000 /yr | |
| 409 | 1-bed | 412 sqft | AED 475KAED 475,000 · Nov 2018November 2018 | 48,000 /yr | |
| 404A | 1-bed | 477 sqft | AED 507KAED 507,000 · Apr 2018April 2018 | 55,000 /yr | |
| 404B | 1-bed | 522 sqft | AED 559KAED 559,000 · Apr 2018April 2018 | 37,000 /yr | |
| 405A | 1-bed | 522 sqft | AED 559KAED 559,000 · Apr 2018April 2018 | 54,000 /yr | |
| 405B | 1-bed | 477 sqft | AED 507KAED 507,000 · Apr 2018April 2018 | 57,750 /yr |
407, Al Ramth 11 in numbers
- Sold once: by Remraam on 9 December 2018 for AED 1,345,000, or AED 1,120 per sqft.
- Rented since December 2022 on 3 Ejari contracts, from AED 76,000 to AED 83,800 a year.
- At AED 83,800 a year the gross yield on the 2018 price is 6.2%, before a service charge of about AED 17,800 a year (AED 14.83 per sqft).
- Two-beds in Al Ramth 11 sold for AED 1,360,000–1,360,000 in the 12 months to November 2026; the building's median across all types is AED 1,098 per sqft.
Source: Dubai Land Department. Updated 12 December 2024.
Questions about 407, Al Ramth 11
What did unit 407 last sell for?
AED 1,345,000 on 9 December 2018, sold by the developer: AED 1,120 per sqft for 1,201 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 83,800 a year on the contract renewed on 12 December 2024. The previous contract, from December 2023, was AED 79,800; the unit has been rented since December 2022.
How big is unit 407?
1,201 sqft (111.6 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2021.
What is unit 407 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 11 sold for AED 1,360,000 to 1,360,000 in the last 12 months, around AED 960 per sqft.
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Mortgage on 407, Al Ramth 11
Starts from the last sale price (AED 1.35M, 9 December 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,345,000
- Deposit, UAE resident (20%)
- AED 269,000
- Deposit, non-resident (40%)
- AED 538,000
- Monthly over 25 years at 3.7%
- AED 5,503
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →