408, Al Ramth 37
Sold prices and rental history: sold once, by the developer in February 2016, and rented 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 37
What is 408 worth today?
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Source: Dubai Land Department. Updated 18 June 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 689 sqft
- Floor
- 4th of 7
- Parking
- G-83
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,600 /yr
- Last sold
- AED 615K · February 2016
- Building
- Al Ramth 37
About 408, Al Ramth 37
408 is a one-bedroom apartment of 689 sqft on the 4th floor of Al Ramth 37, a 7-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 17 February 2016 for AED 615,000, or AED 892 per sqft, 11% below the AED 1,000 one-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 18 June 2020, is AED 28,000 a year: a gross yield of 4.5% on the 2016 price, before the service charge of about AED 10,600 a year.
Sales and rents for 408 over time
408 has sold once; 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 37, and where 408 sits
All 29 1-beds →408 last sold in February 2016 at AED 892 per sqft, 11% below what one-beds in Al Ramth 37 were fetching at the time (AED 1,000). Over the last 12 months one-beds sold for AED 640,000, around AED 962 per sqft, and rent for AED 45,000 to 65,000 a year. 408's AED 28,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Feb 202627 February 2026 | 665 sqft | 640,000 | 962 | ||
| 21 Jul 202521 July 2025 | 773 sqft | 685,000 | 885 | ||
| 10 Jun 202510 June 2025 | 755 sqft | 635,000 | 840 | ||
| 16 Apr 202516 April 2025 | 755 sqft | 680,000 | 900 |
Al Ramth 37
Building62 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.
- Typical price per sqft
- AED 980
- Typical sale
- AED 815K
- Typical rent
- AED 57K /yr
- Typical yield
- 7.6%
Other units on the 4th floor
All 62 units in Al Ramth 37| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 665 sqft | AED 380KAED 380,000 · Nov 2021November 2021 | 50,000 /yr | |
| 402 | 1-bed | 755 sqft | AED 748KAED 748,000 · Aug 2015August 2015 | 56,000 /yr | |
| 403 | 1-bed | 755 sqft | AED 792KAED 792,180 · Mar 2015March 2015 | 47,008 /yr | |
| 404 | 2-bed | 1,009 sqft | AED 990KAED 990,000 · Dec 2025December 2025 | 80,000 /yr | |
| 405 | 2-bed | 1,009 sqft | AED 890KAED 890,000 · Jan 2025January 2025 | 70,000 /yr | |
| 406 | 1-bed | 755 sqft | AED 655KAED 654,958 · Nov 2013November 2013 | 42,550 /yr | |
| 407 | 1-bed | 755 sqft | AED 700KAED 700,000 · Sep 2016September 2016 | 60,000 /yr | |
| 409 | Studio | 387 sqft | AED 275KAED 275,000 · Apr 2023April 2023 | 40,000 /yr |
408, Al Ramth 37 in numbers
- Sold once: by Remraam on 17 February 2016 for AED 615,000, or AED 892 per sqft.
- Rented since February 2017 on 3 Ejari contracts, from AED 55,000 to AED 28,000 a year.
- At AED 28,000 a year the gross yield on the 2016 price is 4.5%, before a service charge of about AED 10,600 a year (AED 15.34 per sqft).
- One-beds in Al Ramth 37 sold for AED 640,000–640,000 in the 12 months to November 2026; the building's median across all types is AED 980 per sqft.
Source: Dubai Land Department. Updated 18 June 2020.
Questions about 408, Al Ramth 37
What did unit 408 last sell for?
AED 615,000 on 17 February 2016, sold by the developer: AED 892 per sqft for 689 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 28,000 a year on the contract renewed on 18 June 2020. The previous contract, from June 2019, was AED 38,000; the unit has been rented since February 2017.
How big is unit 408?
689 sqft (64.0 sqm): a one-bedroom apartment on the 4th floor of a 7-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 37 sold for AED 640,000 to 640,000 in the last 12 months, around AED 962 per sqft.
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Mortgage on 408, Al Ramth 37
Starts from the last sale price (AED 615K, 17 February 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 615,000
- Deposit, UAE resident (20%)
- AED 123,000
- Deposit, non-resident (40%)
- AED 246,000
- Monthly over 25 years at 3.7%
- AED 2,516
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →