408, Al Ramth 23
Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Al Ramth 23
What is 408 worth today?
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Source: Dubai Land Department. Updated 9 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 665 sqft
- Floor
- 4th of 5
- Parking
- RD23-G-64
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,200 /yr
- Last sold
- AED 580K · May 2025
- Building
- Al Ramth 23
About 408, Al Ramth 23
408 is a one-bedroom apartment of 665 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 May 2025 for AED 580,000, or AED 872 per sqft, 6% above the AED 824 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 9 April 2026, is AED 54,000 a year: a gross yield of 9.3% on the 2025 price, before the service charge of about AED 10,200 a year.
Sales and rents for 408 over time
408 has sold 3 times; 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 408 sits
All 20 1-beds →408 last sold in May 2025 at AED 872 per sqft, 6% above what one-beds in Al Ramth 23 were fetching at the time (AED 824). 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. 408's AED 54,000 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 | |
| 407 | 1-bed | 758 sqft | AED 600KAED 600,000 · Dec 2023December 2023 | 57,000 /yr | |
| 409 | Studio | 468 sqft | AED 564KAED 564,000 · Nov 2014November 2014 | 42,000 /yr |
408, Al Ramth 23 in numbers
- Sold 3 times: first on 2 January 2014 for AED 662,693, last on 27 May 2025 for AED 580,000 (AED 872 per sqft).
- Rented since February 2017 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 27,000 in 2021 and recovered to AED 54,000 by April 2026.
- At AED 54,000 a year the gross yield on the 2025 price is 9.3%, before a service charge of about AED 10,200 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 9 April 2026.
Questions about 408, Al Ramth 23
What did unit 408 last sell for?
AED 580,000 on 27 May 2025: AED 872 per sqft for 665 sqft. The unit has 3 registered sales; the first was AED 662,693 in January 2014.
What is the rent for unit 408?
AED 54,000 a year on the contract renewed on 9 April 2026. The previous contract, from April 2024, was AED 42,000; the unit has been rented since February 2017.
How big is unit 408?
665 sqft (61.8 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.
What is unit 408 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 408, Al Ramth 23
Starts from the last sale price (AED 580K, 27 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 580,000
- Deposit, UAE resident (20%)
- AED 116,000
- Deposit, non-resident (40%)
- AED 232,000
- Monthly over 25 years at 3.7%
- AED 2,373
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →