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2-bed · 1,009 sqftAl Ramth 53, Remraam · 4th floor · completed 2011

404, Al Ramth 53

Sold prices and rental history: sold 4 times, last in July 2016, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 28 July 2016
Last soldAED 430K28 July 2016
Current rentAED 75K /yr12 April 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 404, Al Ramth 53

What is 404 worth today?

Last sold for AED 430,000 in 2016

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28 Jul 2016SoldReady
AED 430,000AED 426 per sqft
12 Apr 2016RentedRenewal
AED 75,000/yr3 months · AED 74 per sqft
12 Apr 2015RentedNew contract
AED 75,000/yr12 months · AED 74 per sqft
29 Dec 2014SoldReady
AED 872,947AED 865 per sqft
27 Oct 2014SoldReady
AED 872,947AED 865 per sqft
8 Apr 2009Sold by developerOff-plan
AED 1,338,379AED 1,326 per sqft

Source: Dubai Land Department. Updated 28 July 2016.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
4th of 6
Parking
G-125
Developer
Remraam
Completed
2011
Service charge
AED 15,500 /yr
Last sold
AED 430K · July 2016
Building
Al Ramth 53

About 404, Al Ramth 53

404 is a two-bedroom apartment of 1,009 sqft on the 4th floor of Al Ramth 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 28 July 2016 for AED 430,000, or AED 426 per sqft, 50% below the AED 854 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 12 April 2016, is AED 75,000 a year: a gross yield of 17.4% on the 2016 price, before the service charge of about AED 15,500 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Al Ramth 53
500K1M1.5M20092013201720212025Typical sale price by year: 2009 AED 1,338,379; 2013 AED 1,020,900; 2014 AED 988,727; 2015 AED 987,187; 2016 AED 1,063,096; 2023 AED 746,512; 2024 AED 880,000Sold by developer, April 2009: AED 1,338,379 (AED 1,326 per sqft)Sold, October 2014: AED 872,947 (AED 865 per sqft)Sold, December 2014: AED 872,947 (AED 865 per sqft)Sold, July 2016: AED 430,000 (AED 426 per sqft)

404 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 404, each contractTypical two-bed in Al Ramth 53
60K80K2014201820222026Typical rent by year: 2014 AED 83,500; 2015 AED 80,000; 2016 AED 82,000; 2017 AED 80,000; 2018 AED 74,500; 2019 AED 62,000; 2020 AED 52,000; 2021 AED 50,000; 2022 AED 52,000; 2023 AED 55,000; 2024 AED 65,000; 2025 AED 85,000; 2026 AED 87,500New contract, April 2015: AED 75,000 a yearRenewal, April 2016: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Al Ramth 53, and where 404 sits

All 22 2-beds →

404 last sold in July 2016 at AED 426 per sqft, 50% below what two-beds in Al Ramth 53 were fetching at the time (AED 854). 404's AED 75,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 May 2025965,000
18 Mar 20251,100,000
14 Dec 2024830,000
19 Aug 2024960,000
0 2-bed sales in the last 12 months

Al Ramth 53

Building

57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 789
Typical sale
AED 693K
Typical rent
AED 63K /yr
Typical yield
9.5%
Al Ramth 53, Remraam: prices, sales and rents →

Other units on the 4th floor

All 57 units in Al Ramth 53
Value
3081-bedAED 540K · Dec 2024
4011-bedAED 605K · Sep 2026
4021-bedAED 546K · Nov 2023
4031-bedAED 500K · Nov 2023
4052-bedAED 910K · Jul 2015
4061-bedAED 780K · Jul 2026
4071-bedAED 492K · Nov 2023
1–7 of 8

404, Al Ramth 53 in numbers

  • Sold 4 times: first on 8 April 2009 for AED 1,338,379, last on 28 July 2016 for AED 430,000 (AED 426 per sqft).
  • Rented since April 2015 on 2 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2016 price is 17.4%, before a service charge of about AED 15,500 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 28 July 2016.

Questions about 404, Al Ramth 53

What did unit 404 last sell for?

AED 430,000 on 28 July 2016: AED 426 per sqft for 1,009 sqft. The unit has 4 registered sales; the first was AED 1,338,379 in April 2009.

What is the rent for unit 404?

AED 75,000 a year on the contract renewed on 12 April 2016. The previous contract, from April 2015, was AED 75,000.

How big is unit 404?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2011.

What is unit 404 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 404, Al Ramth 53

Starts from the last sale price (AED 430K, 28 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

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