1-bed · 758 sqftAl Ramth 45, Remraam · 4th floor · completed 2011

406, Al Ramth 45

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 440K15 December 2023
Current rentAED 58K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Al Ramth 45

What is 406 worth today?

Last sold for AED 440,000 in 2023

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10 Sep 2024RentedRenewal
AED 57,600/yr12 months · AED 76 per sqft
15 Dec 2023SoldReady
AED 440,000AED 580 per sqft
10 Sep 2023RentedNew contract
AED 40,000/yr12 months · AED 53 per sqft
10 Sep 2023RentedRenewal
AED 57,600/yr12 months · AED 76 per sqft
10 Sep 2022RentedNew contract
AED 37,000/yr12 months · AED 49 per sqft
1 Sep 2021RentedRenewal
AED 30,000/yr12 months · AED 40 per sqft
1 Sep 2020RentedNew contract
AED 33,000/yr12 months · AED 44 per sqft
5 Oct 2019RentedNew contract
AED 43,500/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
4th of 7
Parking
G-101
Developer
Remraam
Completed
2011
Service charge
AED 11,600 /yr
Last sold
AED 440K · December 2023
Building
Al Ramth 45

About 406, Al Ramth 45

406 is a one-bedroom apartment of 758 sqft on the 4th floor of Al Ramth 45, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 15 December 2023 for AED 440,000, or AED 580 per sqft, in line with the AED 592 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 10 September 2024, is AED 57,600 a year: a gross yield of 13.1% on the 2023 price, before the service charge of about AED 11,600 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Al Ramth 45
400K600K800K2009201320172021Typical sale price by year: 2009 AED 880,939; 2013 AED 666,605; 2014 AED 680,262; 2016 AED 650,000; 2017 AED 592,500; 2023 AED 450,000Sold by developer, August 2014: AED 751,000 (AED 990 per sqft)Sold, December 2023: AED 440,000 (AED 580 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 45
40K60K2014201820222026Typical rent by year: 2014 AED 58,000; 2015 AED 58,000; 2016 AED 56,000; 2017 AED 55,000; 2018 AED 47,000; 2019 AED 43,500; 2020 AED 33,000; 2021 AED 30,000; 2022 AED 34,000; 2023 AED 40,000; 2024 AED 44,770; 2025 AED 49,023; 2026 AED 58,250New contract, October 2014: AED 60,000 a yearRenewal, October 2015: AED 59,839 a yearNew contract, March 2017: AED 58,000 a yearNew contract, October 2018: AED 48,000 a yearNew contract, October 2019: AED 43,500 a yearNew contract, September 2020: AED 33,000 a yearRenewal, September 2021: AED 30,000 a yearNew contract, September 2022: AED 37,000 a yearNew contract, September 2023: AED 40,000 a yearRenewal, September 2023: AED 57,600 a yearRenewal, September 2024: AED 57,600 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 45, and where 406 sits

All 27 1-beds →

406 last sold in December 2023 at AED 580 per sqft, in line with what one-beds in Al Ramth 45 were fetching at the time (AED 592). Over the last 12 months one-beds sold for AED 800,000, around AED 690 per sqft, and rent for AED 45,000 to 74,000 a year. 406's AED 57,600 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Jan 2026800,000
14 Aug 2025695,000
11 Aug 2025723,576
25 Dec 2023460,000
1 1-bed sale in the last 12 months

Al Ramth 45

Building

58 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 887
Typical sale
AED 640K
Typical rent
AED 60K /yr
Typical yield
8.6%
Al Ramth 45, Remraam: prices, sales and rents →

Other units on the 4th floor

All 58 units in Al Ramth 45
Value
4011-bedAED 659K · Jun 2014
4021-bedAED 751K · Aug 2014
4031-bedAED 460K · Aug 2019
4042-bedAED 870K · Jun 2014
4052-bedAED 448K · Jan 2017
4071-bedAED 751K · Jun 2014
4081-bedAED 344K · Apr 2015
1–7 of 8

406, Al Ramth 45 in numbers

  • Sold twice: first on 26 August 2014 for AED 751,000, last on 15 December 2023 for AED 440,000 (AED 580 per sqft).
  • Rented since October 2014 on 11 Ejari contracts. The rent fell from AED 60,000 to AED 30,000 in 2021 and recovered to AED 57,600 by September 2024.
  • At AED 57,600 a year the gross yield on the 2023 price is 13.1%, before a service charge of about AED 11,600 a year (AED 15.34 per sqft).
  • One-beds in Al Ramth 45 sold for AED 800,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 887 per sqft.

Source: Dubai Land Department. Updated 10 September 2024.

Questions about 406, Al Ramth 45

What did unit 406 last sell for?

AED 440,000 on 15 December 2023: AED 580 per sqft for 758 sqft. The unit has 2 registered sales; the first was AED 751,000 in August 2014.

What is the rent for unit 406?

AED 57,600 a year on the contract renewed on 10 September 2024. The previous contract, from September 2023, was AED 40,000; the unit has been rented since October 2014.

How big is unit 406?

758 sqft (70.4 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 45 sold for AED 800,000 to 800,000 in the last 12 months, around AED 690 per sqft.

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Mortgage on 406, Al Ramth 45

Starts from the last sale price (AED 440K, 15 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

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