1-bed · 665 sqftAl Ramth 45, Remraam · 7th floor · completed 2011

701, Al Ramth 45

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

Unit 701 · DLD and Ejari recordsUpdated 14 July 2023
Last soldAED 335K12 October 2014
Current rentAED 42K /yr14 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Al Ramth 45

What is 701 worth today?

Last sold for AED 334,500 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Jul 2023RentedNew contract
AED 42,000/yr12 months · AED 63 per sqft
15 Aug 2020RentedNew contract
AED 26,000/yr12 months · AED 39 per sqft
20 Mar 2019RentedNew contract
AED 43,000/yr12 months · AED 64 per sqft
22 Dec 2017RentedNew contract
AED 48,000/yr12 months · AED 72 per sqft
28 Oct 2016RentedRenewal
AED 60,000/yr12 months · AED 90 per sqft
28 Oct 2015RentedNew contract
AED 58,000/yr12 months · AED 87 per sqft
12 Oct 2014Sold by developerReady
AED 334,500AED 502 per sqft

Source: Dubai Land Department. Updated 14 July 2023.

Key facts

Type
1-bed apartment
Size
665 sqft
Floor
7th of 7
Parking
G-82
Developer
Remraam
Completed
2011
Service charge
AED 10,200 /yr
Last sold
AED 335K · October 2014
Building
Al Ramth 45

About 701, Al Ramth 45

701 is a one-bedroom apartment of 665 sqft on the 7th floor of Al Ramth 45, a 7-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 12 October 2014 for AED 334,500, or AED 502 per sqft, 43% below the AED 875 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 14 July 2023, is AED 42,000 a year: a gross yield of 12.6% on the 2014 price, before the service charge of about AED 10,200 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical one-bed in Al Ramth 45
250K500K750K2009201320172021Typical 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, October 2014: AED 334,500 (AED 502 per sqft)

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

Rents
Unit 701, each contractTypical one-bed in Al Ramth 45
20K40K60K2014201820222026Typical 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 2015: AED 58,000 a yearRenewal, October 2016: AED 60,000 a yearNew contract, December 2017: AED 48,000 a yearNew contract, March 2019: AED 43,000 a yearNew contract, August 2020: AED 26,000 a yearNew contract, July 2023: 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 45, and where 701 sits

All 27 1-beds →

701 last sold in October 2014 at AED 502 per sqft, 43% below what one-beds in Al Ramth 45 were fetching at the time (AED 875). 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. 701's AED 42,000 is at the bottom 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 7th floor

All 58 units in Al Ramth 45
Value
7023-bedAED 1.03M · Sep 2023
7032-bedAED 830K · Sep 2024
7042-bedAED 740K · Apr 2024
7053-bedAED 1.19M · Jun 2014
7061-bedAED 630K · Jun 2017
707StudioAED 471K · Jul 2014

701, Al Ramth 45 in numbers

  • Sold once: by Remraam on 12 October 2014 for AED 334,500, or AED 502 per sqft.
  • Rented since October 2015 on 6 Ejari contracts. The rent fell from AED 58,000 to AED 26,000 in 2020 and recovered to AED 42,000 by July 2023.
  • At AED 42,000 a year the gross yield on the 2014 price is 12.6%, before a service charge of about AED 10,200 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 14 July 2023.

Questions about 701, Al Ramth 45

What did unit 701 last sell for?

AED 334,500 on 12 October 2014, sold by the developer: AED 502 per sqft for 665 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 42,000 a year on the contract signed on 14 July 2023. The previous contract, from August 2020, was AED 26,000; the unit has been rented since October 2015.

How big is unit 701?

665 sqft (61.8 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2011.

What is unit 701 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.

Selling 701? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 701, Al Ramth 45

Starts from the last sale price (AED 335K, 12 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 334,500
Deposit, UAE resident (20%)
AED 66,900
Deposit, non-resident (40%)
AED 133,800
Monthly over 25 years at 3.7%
AED 1,369

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