407, Al Ramth 23
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Al Ramth 23
What is 407 worth today?
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Source: Dubai Land Department. Updated 22 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 758 sqft
- Floor
- 4th of 5
- Parking
- G-63
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,600 /yr
- Last sold
- AED 600K · December 2023
- Building
- Al Ramth 23
About 407, Al Ramth 23
407 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. It last sold on 27 December 2023 for AED 600,000, or AED 791 per sqft.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 22 March 2026, is AED 57,000 a year: a gross yield of 9.5% on the 2023 price, before the service charge of about AED 11,600 a year.
Sales and rents for 407 over time
407 has sold twice; the dashed line is the one-bed median of each year in the building.
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 407 sits
All 20 1-beds →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. 407's AED 57,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Aug 202613 August 2026 | 689 sqft | 625,000 | 907 | ||
| 14 Jan 202614 January 2026 | 689 sqft | 690,000 | 1,001 | ||
| 23 Oct 202523 October 2025 | 1,158 sqft | 700,000 | 604 | ||
| 4 Aug 20254 August 2025 | 777 sqft | 665,000 | 856 |
Al Ramth 23
Building45 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%
Other units on the 4th floor
All 45 units in Al Ramth 23| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 689 sqft | AED 625KAED 625,000 · Aug 2026August 2026 | 66,000 /yr | |
| 402 | 1-bed | 758 sqft | AED 751KAED 751,000 · Nov 2014November 2014 | 60,000 /yr | |
| 403 | 1-bed | 758 sqft | AED 390KAED 390,000 · Dec 2020December 2020 | 68,250 /yr | |
| 404 | 2-bed | 1,006 sqft | AED 690KAED 690,000 · Aug 2023August 2023 | 70,350 /yr | |
| 405 | 2-bed | 1,006 sqft | AED 950KAED 950,000 · Dec 2025December 2025 | 53,000 /yr | |
| 406 | 1-bed | 758 sqft | AED 391KAED 390,793 · Jun 2015June 2015 | 65,000 /yr | |
| 408 | 1-bed | 665 sqft | AED 580KAED 580,000 · May 2025May 2025 | 54,000 /yr | |
| 409 | Studio | 468 sqft | AED 564KAED 564,000 · Nov 2014November 2014 | 42,000 /yr |
407, Al Ramth 23 in numbers
- Sold twice: first on 16 February 2015 for AED 713,500, last on 27 December 2023 for AED 600,000 (AED 791 per sqft).
- Rented since January 2015 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 30,000 in 2021 and recovered to AED 57,000 by March 2026.
- At AED 57,000 a year the gross yield on the 2023 price is 9.5%, 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 22 March 2026.
Questions about 407, Al Ramth 23
What did unit 407 last sell for?
AED 600,000 on 27 December 2023: AED 791 per sqft for 758 sqft. The unit has 2 registered sales; the first was AED 713,500 in February 2015.
What is the rent for unit 407?
AED 57,000 a year on the contract renewed on 22 March 2026. The previous contract, from March 2025, was AED 57,000; the unit has been rented since January 2015.
How big is unit 407?
758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.
What is unit 407 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 407, Al Ramth 23
Starts from the last sale price (AED 600K, 27 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →