1-bed · 668 sqftAl Ramth 41, Remraam · 4th floor · completed 2011

408, Al Ramth 41

Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 22 March 2025
Last soldAED 662K4 June 2014
Current rentAED 42K /yr22 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Al Ramth 41

What is 408 worth today?

Last sold for AED 662,000 in 2014

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22 Mar 2025RentedRenewal
AED 42,000/yr12 months · AED 63 per sqft
22 Mar 2024RentedRenewal
AED 38,000/yr12 months · AED 57 per sqft
22 Mar 2023RentedRenewal
AED 35,000/yr12 months · AED 52 per sqft
22 Mar 2022RentedRenewal
AED 30,000/yr12 months · AED 45 per sqft
22 Mar 2021RentedNew contract
AED 30,000/yr12 months · AED 45 per sqft
1 Nov 2019RentedNew contract
AED 36,000/yr12 months · AED 54 per sqft
12 Apr 2018RentedRenewal
AED 55,000/yr12 months · AED 82 per sqft
12 Apr 2017RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 22 March 2025.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
4th of 5
Parking
G-83
Developer
Remraam
Completed
2011
Service charge
AED 10,200 /yr
Last sold
AED 662K · June 2014
Building
Al Ramth 41

About 408, Al Ramth 41

408 is a one-bedroom apartment of 668 sqft on the 4th floor of Al Ramth 41, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 4 June 2014 for AED 662,000, or AED 991 per sqft, 14% above the AED 866 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 22 March 2025, is AED 42,000 a year: a gross yield of 6.3% on the 2014 price, before the service charge of about AED 10,200 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Al Ramth 41
600K800K20092013201720212025Typical sale price by year: 2009 AED 888,162; 2013 AED 583,397; 2014 AED 673,892; 2015 AED 591,300; 2018 AED 520,000; 2023 AED 490,000; 2024 AED 582,000Sold by developer, June 2014: AED 662,000 (AED 991 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in Al Ramth 41
40K60K2014201820222026Typical rent by year: 2014 AED 57,000; 2015 AED 58,500; 2016 AED 61,000; 2017 AED 55,000; 2018 AED 50,000; 2019 AED 43,000; 2020 AED 35,549; 2021 AED 34,000; 2022 AED 36,000; 2023 AED 39,550; 2024 AED 54,500; 2025 AED 58,000; 2026 AED 57,000New contract, April 2015: AED 55,000 a yearNew contract, April 2017: AED 55,000 a yearRenewal, April 2018: AED 55,000 a yearNew contract, November 2019: AED 36,000 a yearNew contract, March 2021: AED 30,000 a yearRenewal, March 2022: AED 30,000 a yearRenewal, March 2023: AED 35,000 a yearRenewal, March 2024: AED 38,000 a yearRenewal, March 2025: AED 42,000 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 41, and where 408 sits

All 21 1-beds →

408 last sold in June 2014 at AED 991 per sqft, 14% above what one-beds in Al Ramth 41 were fetching at the time (AED 866). 408's AED 42,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Oct 2024500,000
2 Sep 2024680,000
10 Jun 2024620,000
23 May 2024520,000
0 1-bed sales in the last 12 months

Al Ramth 41

Building

43 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 926
Typical sale
AED 935K
Typical rent
AED 65K /yr
Typical yield
8.1%
Al Ramth 41, Remraam: prices, sales and rents →

Other units on the 4th floor

All 43 units in Al Ramth 41
Value
4011-bedAED 500K · Oct 2024
4021-bedAED 490K · Aug 2023
4031-bedAED 655K · Jan 2014
4042-bedAED 873K · Oct 2013
4052-bedAED 500K · Nov 2014
4061-bedAED 655K · Jan 2014
4071-bedAED 450K · Mar 2023
1–7 of 8

408, Al Ramth 41 in numbers

  • Sold once: by Remraam on 4 June 2014 for AED 662,000, or AED 991 per sqft.
  • Rented since April 2015 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 30,000 in 2022 and recovered to AED 42,000 by March 2025.
  • At AED 42,000 a year the gross yield on the 2014 price is 6.3%, before a service charge of about AED 10,200 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 22 March 2025.

Questions about 408, Al Ramth 41

What did unit 408 last sell for?

AED 662,000 on 4 June 2014, sold by the developer: AED 991 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 42,000 a year on the contract renewed on 22 March 2025. The previous contract, from March 2024, was AED 38,000; the unit has been rented since April 2015.

How big is unit 408?

668 sqft (62.1 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.

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Mortgage on 408, Al Ramth 41

Starts from the last sale price (AED 662K, 4 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 662,000
Deposit, UAE resident (20%)
AED 132,400
Deposit, non-resident (40%)
AED 264,800
Monthly over 25 years at 3.7%
AED 2,708

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