1-bed · 758 sqftAl Ramth 23, Remraam · 4th floor · completed 2011

402, Al Ramth 23

Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 23 February 2025
Last soldAED 751K27 November 2014
Current rentAED 60K /yr23 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Al Ramth 23

What is 402 worth today?

Last sold for AED 751,000 in 2014

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23 Feb 2025RentedRenewal
AED 60,000/yr12 months · AED 80 per sqft
23 Feb 2025RentedRenewal
AED 65,000/yr12 months · AED 86 per sqft
23 Feb 2025RentedRenewal
AED 60,000/yr12 months · AED 80 per sqft
23 Feb 2024RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
1 Jun 2023RentedNew contract
AED 38,000/yr12 months · AED 50 per sqft
2 Oct 2019RentedRenewal
AED 44,000/yr12 months · AED 58 per sqft
2 Oct 2018RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
27 Nov 2014Sold by developerReady
AED 751,000AED 990 per sqft

Source: Dubai Land Department. Updated 23 February 2025.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
4th of 5
Parking
G-58
Developer
Remraam
Completed
2011
Service charge
AED 11,600 /yr
Last sold
AED 751K · November 2014
Building
Al Ramth 23

About 402, Al Ramth 23

402 is a one-bedroom apartment of 758 sqft on the 4th floor of Al Ramth 23, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 27 November 2014 for AED 751,000, or AED 990 per sqft, in line with the AED 990 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 23 February 2025, is AED 60,000 a year: a gross yield of 8.0% on the 2014 price, before the service charge of about AED 11,600 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical one-bed in Al Ramth 23
600K700K2013201720212025Typical sale price by year: 2013 AED 734,009; 2014 AED 677,938; 2015 AED 713,500; 2025 AED 575,000Sold by developer, November 2014: AED 751,000 (AED 990 per sqft)

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

Rents
Unit 402, each contractTypical one-bed in Al Ramth 23
40K60K2014201820222026Typical rent by year: 2014 AED 50,000; 2015 AED 55,000; 2016 AED 56,500; 2017 AED 57,000; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 37,000; 2021 AED 29,500; 2022 AED 32,500; 2023 AED 37,100; 2024 AED 42,000; 2025 AED 57,000; 2026 AED 61,500New contract, October 2018: AED 50,000 a yearRenewal, October 2019: AED 44,000 a yearNew contract, June 2023: AED 38,000 a yearNew contract, February 2024: AED 60,000 a yearRenewal, February 2025: AED 60,000 a yearRenewal, February 2025: AED 65,000 a yearRenewal, February 2025: AED 60,000 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 23, and where 402 sits

All 20 1-beds →

402 last sold in November 2014 at AED 990 per sqft, in line with what one-beds in Al Ramth 23 were fetching at the time (AED 990). Over the last 12 months one-beds sold for AED 625,000 to 690,000, around AED 954 per sqft, and rent for AED 46,200 to 70,000 a year. 402's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Aug 2026625,000
14 Jan 2026690,000
23 Oct 2025700,000
4 Aug 2025665,000
2 1-bed sales in the last 12 months

Al Ramth 23

Building

45 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.

Typical price per sqft
AED 973
Typical sale
AED 820K
Typical rent
AED 66K /yr
Typical yield
8.0%
Al Ramth 23, Remraam: prices, sales and rents →

Other units on the 4th floor

All 45 units in Al Ramth 23
Value
4011-bedAED 625K · Aug 2026
4031-bedAED 390K · Dec 2020
4042-bedAED 690K · Aug 2023
4052-bedAED 950K · Dec 2025
4061-bedAED 391K · Jun 2015
4071-bedAED 600K · Dec 2023
4081-bedAED 580K · May 2025
1–7 of 8

402, Al Ramth 23 in numbers

  • Sold once: by Remraam on 27 November 2014 for AED 751,000, or AED 990 per sqft.
  • Rented since October 2018 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 38,000 in 2023 and recovered to AED 60,000 by February 2025.
  • At AED 60,000 a year the gross yield on the 2014 price is 8.0%, before a service charge of about AED 11,600 a year (AED 15.34 per sqft).
  • One-beds in Al Ramth 23 sold for AED 625,000–690,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 23 February 2025.

Questions about 402, Al Ramth 23

What did unit 402 last sell for?

AED 751,000 on 27 November 2014, sold by the developer: AED 990 per sqft for 758 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 60,000 a year on the contract renewed on 23 February 2025. The previous contract, from February 2025, was AED 65,000; the unit has been rented since October 2018.

How big is unit 402?

758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.

What is unit 402 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 23 sold for AED 625,000 to 690,000 in the last 12 months, around AED 954 per sqft.

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Mortgage on 402, Al Ramth 23

Starts from the last sale price (AED 751K, 27 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 751,000
Deposit, UAE resident (20%)
AED 150,200
Deposit, non-resident (40%)
AED 300,400
Monthly over 25 years at 3.7%
AED 3,073

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