2-bed · 1,005 sqftAl Ramth 21, Remraam · 4th floor · completed 2011

404, Al Ramth 21

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 30 December 2024
Last soldAED 1.05M30 December 2024
Current rentAED 48K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Al Ramth 21

What is 404 worth today?

Last sold for AED 1,050,000 in 2024

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30 Dec 2024SoldReady
AED 1,050,000AED 1,044 per sqft
1 Oct 2021RentedRenewal
AED 48,000/yr12 months · AED 48 per sqft
1 Oct 2020RentedNew contract
AED 42,000/yr12 months · AED 42 per sqft
29 Mar 2018RentedRenewal
AED 71,250/yr12 months · AED 71 per sqft
29 Mar 2017RentedRenewal
AED 71,250/yr12 months · AED 71 per sqft
29 Mar 2016RentedRenewal
AED 75,000/yr12 months · AED 75 per sqft
29 Mar 2015RentedNew contract
AED 75,000/yr12 months · AED 75 per sqft
2 Oct 2013Sold by developerReady
AED 1,014,675AED 1,009 per sqft

Source: Dubai Land Department. Updated 30 December 2024.

Key facts

Type
2-bed apartment
Size
1,005 sqft
Floor
4th of 6
Parking
G-101
Developer
Remraam
Completed
2011
Service charge
AED 15,400 /yr
Last sold
AED 1.05M · December 2024
Building
Al Ramth 21

About 404, Al Ramth 21

404 is a two-bedroom apartment of 1,005 sqft on the 4th floor of Al Ramth 21, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 30 December 2024 for AED 1,050,000, or AED 1,044 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 October 2021, is AED 48,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 15,400 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Al Ramth 21
1M2013201720212025Typical sale price by year: 2014 AED 1,369,500; 2015 AED 996,000; 2016 AED 1,175,000; 2023 AED 700,000Sold by developer, October 2013: AED 1,014,675 (AED 1,009 per sqft)Sold, December 2024: AED 1,050,000 (AED 1,044 per sqft)

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

Rents
Unit 404, each contractTypical two-bed in Al Ramth 21
40K60K80K2014201820222026Typical rent by year: 2014 AED 73,000; 2015 AED 75,000; 2016 AED 76,000; 2017 AED 76,000; 2018 AED 73,000; 2019 AED 58,000; 2020 AED 53,500; 2021 AED 46,500; 2022 AED 53,500; 2023 AED 70,000; 2024 AED 76,500; 2025 AED 76,500; 2026 AED 68,000New contract, March 2015: AED 75,000 a yearRenewal, March 2016: AED 75,000 a yearRenewal, March 2017: AED 71,250 a yearRenewal, March 2018: AED 71,250 a yearNew contract, October 2020: AED 42,000 a yearRenewal, October 2021: AED 48,000 a year

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 21, and where 404 sits

All 20 2-beds →

404's AED 48,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Aug 2024825,000
8 Dec 2023700,000
23 Jun 2023780,000
4 Jan 2023595,000
0 2-bed sales in the last 12 months

Al Ramth 21

Building

52 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 946
Typical sale
AED 735K
Typical rent
AED 60K /yr
Typical yield
7.6%
Al Ramth 21, Remraam: prices, sales and rents →

Other units on the 4th floor

All 52 units in Al Ramth 21
Value
4011-bedAED 659K · Oct 2014
4031-bedAED 879K · Oct 2013
4052-bedAED 1.37M · Feb 2014
4081-bedAED 520K · May 2024
409StudioAED 440K · Mar 2016

404, Al Ramth 21 in numbers

  • Sold twice: first on 2 October 2013 for AED 1,014,675, last on 30 December 2024 for AED 1,050,000 (AED 1,044 per sqft).
  • Rented since March 2015 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 42,000 in 2020 and recovered to AED 48,000 by October 2021.
  • At AED 48,000 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 15,400 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 30 December 2024.

Questions about 404, Al Ramth 21

What did unit 404 last sell for?

AED 1,050,000 on 30 December 2024: AED 1,044 per sqft for 1,005 sqft. The unit has 2 registered sales; the first was AED 1,014,675 in October 2013.

What is the rent for unit 404?

AED 48,000 a year on the contract renewed on 1 October 2021. The previous contract, from October 2020, was AED 42,000; the unit has been rented since March 2015.

How big is unit 404?

1,005 sqft (93.4 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2011.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 404, Al Ramth 21

Starts from the last sale price (AED 1.05M, 30 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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