2-bed · 1,416 sqftAl Ramth 15, Remraam · 4th floor · completed 2021

407, Al Ramth 15

Sold prices and rental history: sold once, by the developer in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 30 June 2022
Last soldAED 1.42M30 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Al Ramth 15

What is 407 worth today?

Last sold for AED 1,416,000 in 2022

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30 Jun 2022Sold by developerReady
AED 1,416,000AED 1,000 per sqft

Source: Dubai Land Department. Updated 30 June 2022.

Key facts

Type
2-bed apartment
Size
1,416 sqft
Floor
4th of 6
Parking
A15-G-124
Developer
Remraam
Completed
2021
Service charge
AED 21,000 /yr
Last sold
AED 1.42M · June 2022
Building
Al Ramth 15

About 407, Al Ramth 15

407 is a two-bedroom apartment of 1,416 sqft on the 4th floor of Al Ramth 15, a 6-storey tower in Remraam completed in 2021 by Remraam. The developer sold it on 30 June 2022 for AED 1,416,000, or AED 1,000 per sqft, 5% below the AED 1,048 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Al Ramth 15
1.2M1.4M202220242026Typical sale price by year: 2022 AED 1,120,000; 2024 AED 1,250,000; 2026 AED 1,135,000Sold by developer, June 2022: AED 1,416,000 (AED 1,000 per sqft)

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

Rents
Unit 407, each contractTypical two-bed in Al Ramth 15
60K70K80K202220242026Typical rent by year: 2022 AED 61,000; 2023 AED 65,000; 2024 AED 69,300; 2025 AED 80,000; 2026 AED 80,000

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 15, and where 407 sits

All 32 2-beds →

407 last sold in June 2022 at AED 1,000 per sqft, 5% below what two-beds in Al Ramth 15 were fetching at the time (AED 1,048). Over the last 12 months two-beds sold for AED 930,000 to 1,365,000, around AED 1,075 per sqft, and rent for AED 65,331 to 107,509 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20261,350,000
23 Sep 2026930,000
4 Sep 20261,365,000
20 Jul 20261,045,000
6 2-bed sales in the last 12 months

Al Ramth 15

Building

79 apartments, 1-bed to 2-bed over 6 floors in Remraam, completed in 2021 by Remraam. 6 sold in the last 12 months.

Typical price per sqft
AED 1,075
Typical sale
AED 1.09M
Typical rent
AED 56K /yr
Typical yield
8.8%
Al Ramth 15, Remraam: prices, sales and rents →

Other units on the 4th floor

All 79 units in Al Ramth 15
Value
4011-bedAED 705K · Mar 2021
4022-bedAED 1.47M · Oct 2022
4032-bedAED 1.36M · Oct 2022
4042-bedAED 1.09M · Dec 2018
4052-bedAED 1.09M · Dec 2019
4062-bedAED 1.35M · Oct 2026
4081-bedAED 692K · Apr 2020
1–7 of 8

407, Al Ramth 15 in numbers

  • Sold once: by Remraam on 30 June 2022 for AED 1,416,000, or AED 1,000 per sqft.
  • Two-beds in Al Ramth 15 sold for AED 930,000–1,365,000 in the 12 months to November 2026; the building's median across all types is AED 1,075 per sqft.

Source: Dubai Land Department. Updated 30 June 2022.

Questions about 407, Al Ramth 15

What did unit 407 last sell for?

AED 1,416,000 on 30 June 2022, sold by the developer: AED 1,000 per sqft for 1,416 sqft. It is the only registered sale of the unit.

How big is unit 407?

1,416 sqft (131.6 sqm): a two-bedroom apartment on the 4th floor of a 6-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 15 sold for AED 930,000 to 1,365,000 in the last 12 months, around AED 1,075 per sqft.

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Mortgage on 407, Al Ramth 15

Starts from the last sale price (AED 1.42M, 30 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,416,000
Deposit, UAE resident (20%)
AED 283,200
Deposit, non-resident (40%)
AED 566,400
Monthly over 25 years at 3.7%
AED 5,793

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