409, Al Ramth 23
Sold prices and rental history: sold twice, last in November 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Al Ramth 23
What is 409 worth today?
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Source: Dubai Land Department. Updated 12 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 468 sqft
- Floor
- 4th of 5
- Parking
- G-65
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,200 /yr
- Last sold
- AED 564K · November 2014
- Building
- Al Ramth 23
About 409, Al Ramth 23
409 is a studio of 468 sqft on the 4th floor of Al Ramth 23, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 26 November 2014 for AED 564,000, or AED 1,203 per sqft, 22% above the AED 989 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 12 August 2025, is AED 42,000 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 7,200 a year.
Sales and rents for 409 over time
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Ramth 23, and where 409 sits
All 4 studios →409 last sold in November 2014 at AED 1,203 per sqft, 22% above what studios in Al Ramth 23 were fetching at the time (AED 989). 409's AED 42,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202510 February 2025 | 468 sqft | 435,000 | 928 | ||
| 9 Oct 20249 October 2024 | 468 sqft | 425,000 | 907 | ||
| 8 Oct 20148 October 2014 | 468 sqft | 564,000 | 1,203 | ||
| 16 Sep 201416 September 2014 | 468 sqft | 459,703 | 982 |
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 | |
| 408 | 1-bed | 665 sqft | AED 580KAED 580,000 · May 2025May 2025 | 54,000 /yr |
409, Al Ramth 23 in numbers
- Sold twice: first on 6 November 2014 for AED 464,000, last on 26 November 2014 for AED 564,000 (AED 1,203 per sqft).
- Rented since December 2016 on 8 Ejari contracts. The rent fell from AED 42,000 to AED 20,308 in 2020 and recovered to AED 42,000 by August 2025.
- At AED 42,000 a year the gross yield on the 2014 price is 7.4%, before a service charge of about AED 7,200 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 12 August 2025.
Questions about 409, Al Ramth 23
What did unit 409 last sell for?
AED 564,000 on 26 November 2014: AED 1,203 per sqft for 468 sqft. The unit has 2 registered sales; the first was AED 464,000 in November 2014.
What is the rent for unit 409?
AED 42,000 a year on the contract renewed on 12 August 2025. The previous contract, from August 2024, was AED 38,000; the unit has been rented since December 2016.
How big is unit 409?
468 sqft (43.5 sqm): a studio on the 4th floor of a 5-storey tower completed in 2011.
What is unit 409 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 409, Al Ramth 23
Starts from the last sale price (AED 564K, 26 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 564,000
- Deposit, UAE resident (20%)
- AED 112,800
- Deposit, non-resident (40%)
- AED 225,600
- Monthly over 25 years at 3.7%
- AED 2,307
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →