1-bed · 582 sqftAl Ramth 11, Remraam · 4th floor · completed 2021

408, Al Ramth 11

Sold prices and rental history: sold once, by the developer in November 2018, and rented once, from December 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 12 December 2022
Last soldAED 682K12 November 2018
Current rentAED 40K /yr12 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Al Ramth 11

What is 408 worth today?

Last sold for AED 682,000 in 2018

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12 Dec 2022RentedNew contract
AED 40,000/yr12 months · AED 69 per sqft
12 Nov 2018Sold by developerOff-plan
AED 682,000AED 1,171 per sqft

Source: Dubai Land Department. Updated 12 December 2022.

Key facts

Type
1-bed apartment
Size
582 sqft
Floor
4th of 5
Parking
B11-G-127
Developer
Remraam
Completed
2021
Service charge
AED 8,600 /yr
Last sold
AED 682K · November 2018
Building
Al Ramth 11

About 408, Al Ramth 11

408 is a one-bedroom apartment of 582 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 12 November 2018 for AED 682,000, or AED 1,171 per sqft, 8% above the AED 1,083 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 December 2022. The current contract, signed on 12 December 2022, is AED 40,000 a year: a gross yield of 5.9% on the 2018 price, before the service charge of about AED 8,600 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Al Ramth 11
600K700K2018202020222024Typical sale price by year: 2018 AED 565,000; 2019 AED 611,000; 2020 AED 627,000; 2023 AED 531,000; 2024 AED 624,000Sold by developer, November 2018: AED 682,000 (AED 1,171 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in Al Ramth 11
40K50K202220242026Typical rent by year: 2022 AED 38,000; 2023 AED 45,000; 2024 AED 49,150; 2025 AED 53,000; 2026 AED 53,000New contract, December 2022: AED 40,000 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 11, and where 408 sits

All 47 1-beds →

408 last sold in November 2018 at AED 1,171 per sqft, 8% above what one-beds in Al Ramth 11 were fetching at the time (AED 1,083). Over the last 12 months one-beds sold for AED 590,000, around AED 1,235 per sqft, and rent for AED 17,500 to 72,000 a year. 408's AED 40,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 2026590,000
30 Sep 2025660,000
28 Nov 2024624,000
28 Nov 2024624,000
1 1-bed sale in the last 12 months

Al Ramth 11

Building

69 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%
Al Ramth 11, Remraam: prices, sales and rents →

Other units on the 4th floor

All 69 units in Al Ramth 11
Value
4011-bedAED 669K · Dec 2018
4022-bedAED 1.3M · Nov 2018
4032-bedAED 1.22M · Nov 2018
4062-bedAED 1.25M · Nov 2018
4072-bedAED 1.35M · Dec 2018
4091-bedAED 475K · Nov 2018
404A1-bedAED 507K · Apr 2018
1–7 of 10

408, Al Ramth 11 in numbers

  • Sold once: by Remraam on 12 November 2018 for AED 682,000, or AED 1,171 per sqft.
  • Rented since December 2022 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2018 price is 5.9%, before a service charge of about AED 8,600 a year (AED 14.83 per sqft).
  • One-beds in Al Ramth 11 sold for AED 590,000–590,000 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 2022.

Questions about 408, Al Ramth 11

What did unit 408 last sell for?

AED 682,000 on 12 November 2018, sold by the developer: AED 1,171 per sqft for 582 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 40,000 a year on the contract signed on 12 December 2022.

How big is unit 408?

582 sqft (54.1 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2021.

What is unit 408 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 11 sold for AED 590,000 to 590,000 in the last 12 months, around AED 1,235 per sqft.

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Mortgage on 408, Al Ramth 11

Starts from the last sale price (AED 682K, 12 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 682,000
Deposit, UAE resident (20%)
AED 136,400
Deposit, non-resident (40%)
AED 272,800
Monthly over 25 years at 3.7%
AED 2,790

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