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

405, Al Ramth 21

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

Unit 405 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 1.37M24 February 2014
Current rentAED 85K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Al Ramth 21

What is 405 worth today?

Last sold for AED 1,369,500 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Oct 2024RentedNew contract
AED 85,000/yr12 months · AED 85 per sqft
20 Mar 2024RentedNew contract
AED 80,000/yr12 months · AED 80 per sqft
20 Jan 2022RentedRenewal
AED 44,000/yr12 months · AED 44 per sqft
20 Jan 2021RentedNew contract
AED 37,000/yr12 months · AED 37 per sqft
28 Aug 2019RentedNew contract
AED 55,000/yr13 months · AED 55 per sqft
4 Jun 2018RentedRenewal
AED 73,000/yr12 months · AED 73 per sqft
4 Jun 2017RentedRenewal
AED 73,000/yr12 months · AED 73 per sqft
4 Jun 2016RentedRenewal
AED 73,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
2-bed apartment
Size
1,005 sqft
Floor
4th of 6
Parking
G-100
Developer
Remraam
Completed
2011
Service charge
AED 15,400 /yr
Last sold
AED 1.37M · February 2014
Building
Al Ramth 21

About 405, Al Ramth 21

405 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. The developer sold it on 24 February 2014 for AED 1,369,500, or AED 1,362 per sqft, in line with the AED 1,361 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 10 October 2024, is AED 85,000 a year: a gross yield of 6.2% on the 2014 price, before the service charge of about AED 15,400 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Al Ramth 21
1M2014201720202023Typical sale price by year: 2014 AED 1,369,500; 2015 AED 996,000; 2016 AED 1,175,000; 2023 AED 700,000Sold by developer, February 2014: AED 1,369,500 (AED 1,362 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in Al Ramth 21
50K75K2014201820222026Typical 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, June 2014: AED 73,000 a yearRenewal, June 2015: AED 73,000 a yearRenewal, June 2016: AED 73,000 a yearRenewal, June 2017: AED 73,000 a yearRenewal, June 2018: AED 73,000 a yearNew contract, August 2019: AED 55,000 a yearNew contract, January 2021: AED 37,000 a yearRenewal, January 2022: AED 44,000 a yearNew contract, March 2024: AED 80,000 a yearNew contract, October 2024: AED 85,000 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 405 sits

All 20 2-beds →

405 last sold in February 2014 at AED 1,362 per sqft, in line with what two-beds in Al Ramth 21 were fetching at the time (AED 1,361). 405's AED 85,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Dec 20241,050,000
5 Aug 2024825,000
8 Dec 2023700,000
23 Jun 2023780,000
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
4042-bedAED 1.05M · Dec 2024
4081-bedAED 520K · May 2024
409StudioAED 440K · Mar 2016

405, Al Ramth 21 in numbers

  • Sold once: by Remraam on 24 February 2014 for AED 1,369,500, or AED 1,362 per sqft.
  • Rented since June 2014 on 10 Ejari contracts. The rent fell from AED 73,000 to AED 37,000 in 2021 and recovered to AED 85,000 by October 2024.
  • At AED 85,000 a year the gross yield on the 2014 price is 6.2%, before a service charge of about AED 15,400 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 10 October 2024.

Questions about 405, Al Ramth 21

What did unit 405 last sell for?

AED 1,369,500 on 24 February 2014, sold by the developer: AED 1,362 per sqft for 1,005 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 85,000 a year on the contract signed on 10 October 2024. The previous contract, from March 2024, was AED 80,000; the unit has been rented since June 2014.

How big is unit 405?

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 405 worth today?

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

Selling 405? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 405, Al Ramth 21

Starts from the last sale price (AED 1.37M, 24 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,369,500
Deposit, UAE resident (20%)
AED 273,900
Deposit, non-resident (40%)
AED 547,800
Monthly over 25 years at 3.7%
AED 5,603

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