407, Al Ramth 47
Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Al Ramth 47
What is 407 worth today?
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Source: Dubai Land Department. Updated 27 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 758 sqft
- Floor
- 4th of 5
- Parking
- G-63
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,600 /yr
- Last sold
- AED 590K · September 2024
- Building
- Al Ramth 47
About 407, Al Ramth 47
407 is a one-bedroom apartment of 758 sqft on the 4th floor of Al Ramth 47, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 27 September 2024 for AED 590,000, or AED 778 per sqft, 4% above the AED 751 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 20 December 2023, is AED 39,600 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 11,600 a year.
Sales and rents for 407 over time
407 has sold 3 times; 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 47, and where 407 sits
All 18 1-beds →407 last sold in September 2024 at AED 778 per sqft, 4% above what one-beds in Al Ramth 47 were fetching at the time (AED 751). Over the last 12 months one-beds sold for AED 600,000 to 630,000, around AED 892 per sqft, and rent for AED 46,305 to 65,000 a year. 407's AED 39,600 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Sep 20262 September 2026 | 689 sqft | 600,000 | 870 | ||
| 24 Dec 202524 December 2025 | 665 sqft | 615,000 | 924 | ||
| 4 Dec 20254 December 2025 | 689 sqft | 615,000 | 892 | ||
| 4 Dec 20254 December 2025 | 689 sqft | 615,000 | 892 |
Al Ramth 47
Building43 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.
- Typical price per sqft
- AED 905
- Typical sale
- AED 615K
- Typical rent
- AED 54K /yr
- Typical yield
- 7.7%
Other units on the 4th floor
All 43 units in Al Ramth 47| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 689 sqft | AED 615KAED 615,000 · Dec 2025December 2025 | 52,289 /yr | |
| 402 | 1-bed | 758 sqft | AED 751KAED 751,000 · Aug 2014August 2014 | 37,000 /yr | |
| 403 | 1-bed | 758 sqft | AED 751KAED 751,000 · Jun 2014June 2014 | 46,305 /yr | |
| 404 | 2-bed | 1,006 sqft | AED 540KAED 540,000 · Apr 2020April 2020 | 51,000 /yr | |
| 405 | 2-bed | 1,006 sqft | AED 950KAED 950,000 · Dec 2023December 2023 | ||
| 406 | 1-bed | 758 sqft | AED 751KAED 751,000 · Jun 2014June 2014 | 49,550 /yr | |
| 408 | 1-bed | 665 sqft | AED 630KAED 630,000 · Nov 2025November 2025 | 41,000 /yr | |
| 409 | Studio | 468 sqft | AED 479KAED 479,220 · Oct 2013October 2013 | 36,820 /yr |
407, Al Ramth 47 in numbers
- Sold 3 times: first on 25 March 2015 for AED 751,000, last on 27 September 2024 for AED 590,000 (AED 778 per sqft).
- Rented since July 2015 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 28,000 in 2020 and recovered to AED 39,600 by December 2023.
- At AED 39,600 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 11,600 a year (AED 15.34 per sqft).
- One-beds in Al Ramth 47 sold for AED 600,000–630,000 in the 12 months to November 2026; the building's median across all types is AED 905 per sqft.
Source: Dubai Land Department. Updated 27 September 2024.
Questions about 407, Al Ramth 47
What did unit 407 last sell for?
AED 590,000 on 27 September 2024: AED 778 per sqft for 758 sqft. The unit has 3 registered sales; the first was AED 751,000 in March 2015.
What is the rent for unit 407?
AED 39,600 a year on the contract renewed on 20 December 2023. The previous contract, from November 2022, was AED 36,000; the unit has been rented since July 2015.
How big is unit 407?
758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.
What is unit 407 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 47 sold for AED 600,000 to 630,000 in the last 12 months, around AED 892 per sqft.
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Mortgage on 407, Al Ramth 47
Starts from the last sale price (AED 590K, 27 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 590,000
- Deposit, UAE resident (20%)
- AED 118,000
- Deposit, non-resident (40%)
- AED 236,000
- Monthly over 25 years at 3.7%
- AED 2,414
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →