1-bed · 684 sqftAl Ramth 28, Remraam · 4th floor · completed 2011

406, Al Ramth 28

Sold prices and rental history: sold twice, last in December 2016, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 610K7 December 2016
Current rentAED 50K /yr22 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Al Ramth 28

What is 406 worth today?

Last sold for AED 610,000 in 2016

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22 Jul 2024RentedNew contract
AED 50,000/yr12 months · AED 73 per sqft
7 Dec 2016SoldReady
AED 610,000AED 891 per sqft
24 Jun 2014Sold by developerReady
AED 592,024AED 865 per sqft

Source: Dubai Land Department. Updated 22 July 2024.

Key facts

Type
1-bed apartment
Size
684 sqft
Floor
4th of 7
Parking
G-144
Developer
Remraam
Completed
2011
Service charge
AED 10,500 /yr
Last sold
AED 610K · December 2016
Building
Al Ramth 28

About 406, Al Ramth 28

406 is a one-bedroom apartment of 684 sqft on the 4th floor of Al Ramth 28, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 7 December 2016 for AED 610,000, or AED 891 per sqft, in line with the AED 870 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 July 2024. The current contract, signed on 22 July 2024, is AED 50,000 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 10,500 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Al Ramth 28
400K600K2009201320172021Typical sale price by year: 2009 AED 722,635; 2013 AED 642,579; 2014 AED 699,000; 2015 AED 400,950; 2016 AED 605,000; 2017 AED 640,000; 2023 AED 570,000Sold by developer, June 2014: AED 592,024 (AED 865 per sqft)Sold, December 2016: AED 610,000 (AED 891 per sqft)

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

Rents
Unit 406, each contractTypical one-bed in Al Ramth 28
40K60K2014201820222026Typical rent by year: 2014 AED 55,000; 2015 AED 55,000; 2016 AED 55,165; 2017 AED 57,500; 2018 AED 50,000; 2019 AED 45,500; 2020 AED 36,000; 2021 AED 31,300; 2022 AED 34,000; 2023 AED 40,000; 2024 AED 47,250; 2025 AED 51,300; 2026 AED 52,000New contract, July 2024: AED 50,000 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 28, and where 406 sits

All 30 1-beds →

406 last sold in December 2016 at AED 891 per sqft, in line with what one-beds in Al Ramth 28 were fetching at the time (AED 870). Over the last 12 months one-beds sold for AED 750,000, around AED 1,097 per sqft, and rent for AED 40,700 to 66,000 a year. 406's AED 50,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Feb 2026750,000
3 Oct 2025730,000
2 Jul 2025700,000
9 Jul 2024650,000
1 1-bed sale in the last 12 months

Al Ramth 28

Building

77 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.

Typical price per sqft
AED 968
Typical sale
AED 498K
Typical rent
AED 52K /yr
Typical yield
7.7%
Al Ramth 28, Remraam: prices, sales and rents →

Other units on the 4th floor

All 77 units in Al Ramth 28
Value
401StudioAED 510K · Aug 2025
4021-bedAED 400K · May 2024
4031-bedAED 795K · Jun 2014
4042-bedAED 800K · Mar 2024
4051-bedAED 420K · May 2023
4072-bedAED 480K · Oct 2020
4081-bedAED 795K · Sep 2014
1–7 of 10

406, Al Ramth 28 in numbers

  • Sold twice: first on 24 June 2014 for AED 592,024, last on 7 December 2016 for AED 610,000 (AED 891 per sqft).
  • Rented since July 2024 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2016 price is 8.2%, before a service charge of about AED 10,500 a year (AED 15.34 per sqft).
  • One-beds in Al Ramth 28 sold for AED 750,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 968 per sqft.

Source: Dubai Land Department. Updated 22 July 2024.

Questions about 406, Al Ramth 28

What did unit 406 last sell for?

AED 610,000 on 7 December 2016: AED 891 per sqft for 684 sqft. The unit has 2 registered sales; the first was AED 592,024 in June 2014.

What is the rent for unit 406?

AED 50,000 a year on the contract signed on 22 July 2024.

How big is unit 406?

684 sqft (63.5 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2011.

What is unit 406 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 28 sold for AED 750,000 to 750,000 in the last 12 months, around AED 1,097 per sqft.

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Mortgage on 406, Al Ramth 28

Starts from the last sale price (AED 610K, 7 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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