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1-bed · 1,158 sqftAl Ramth 53, Remraam · 4th floor · completed 2011

407, Al Ramth 53

Sold prices and rental history: sold 4 times, last in November 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 6 November 2023
Last soldAED 492K6 November 2023
Current rentAED 36K /yr5 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Al Ramth 53

What is 407 worth today?

Last sold for AED 491,804 in 2023

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6 Nov 2023SoldReady
AED 491,804AED 424 per sqft
5 Jun 2020RentedRenewal
AED 36,000/yr12 months · AED 31 per sqft
5 Jun 2019RentedNew contract
AED 52,000/yr12 months · AED 45 per sqft
5 Jun 2017RentedRenewal
AED 60,000/yr12 months · AED 52 per sqft
5 Jun 2016RentedRenewal
AED 60,000/yr12 months · AED 52 per sqft
5 Jun 2015RentedNew contract
AED 60,000/yr12 months · AED 52 per sqft
17 Jun 2014SoldReady
AED 852,971AED 736 per sqft
19 Mar 2014SoldReady
AED 852,971AED 736 per sqft

Source: Dubai Land Department. Updated 6 November 2023.

Key facts

Type
1-bed apartment
Size
1,158 sqft
Floor
4th of 6
Parking
G-84
Developer
Remraam
Completed
2011
Service charge
AED 17,800 /yr
Last sold
AED 492K · November 2023
Building
Al Ramth 53

About 407, Al Ramth 53

407 is a one-bedroom apartment of 1,158 sqft on the 4th floor of Al Ramth 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 6 November 2023 for AED 491,804, or AED 424 per sqft.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 5 June 2020, is AED 36,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 17,800 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Al Ramth 53
500K1M20092013201720212025Typical sale price by year: 2009 AED 1,030,928; 2012 AED 786,380; 2013 AED 786,380; 2014 AED 812,160; 2015 AED 681,669; 2023 AED 517,045; 2024 AED 540,000Sold by developer, April 2009: AED 1,292,152 (AED 1,116 per sqft)Sold, March 2014: AED 852,971 (AED 736 per sqft)Sold, June 2014: AED 852,971 (AED 736 per sqft)Sold, November 2023: AED 491,804 (AED 424 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Al Ramth 53
40K60K2014201820222026Typical rent by year: 2014 AED 55,000; 2015 AED 55,000; 2016 AED 55,000; 2017 AED 55,000; 2018 AED 50,000; 2019 AED 45,000; 2020 AED 38,000; 2021 AED 30,000; 2022 AED 31,000; 2023 AED 40,000; 2024 AED 45,000; 2025 AED 54,000; 2026 AED 50,400New contract, June 2015: AED 60,000 a yearRenewal, June 2016: AED 60,000 a yearRenewal, June 2017: AED 60,000 a yearNew contract, June 2019: AED 52,000 a yearRenewal, June 2020: AED 36,000 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 53, and where 407 sits

All 24 1-beds →

Over the last 12 months one-beds sold for AED 605,000 to 780,000, around AED 789 per sqft, and rent for AED 46,200 to 80,000 a year. 407's AED 36,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Sep 2026605,000
3 Jul 2026780,000
29 Jan 2025660,000
6 Dec 2024540,000
2 1-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
4042-bedAED 430K · Jul 2016
4052-bedAED 910K · Jul 2015
4061-bedAED 780K · Jul 2026
1–7 of 8

407, Al Ramth 53 in numbers

  • Sold 4 times: first on 8 April 2009 for AED 1,292,152, last on 6 November 2023 for AED 491,804 (AED 424 per sqft).
  • Rented since June 2015 on 5 Ejari contracts, from AED 60,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 17,800 a year (AED 15.34 per sqft).
  • One-beds in Al Ramth 53 sold for AED 605,000–780,000 in the 12 months to November 2026; the building's median across all types is AED 789 per sqft.

Source: Dubai Land Department. Updated 6 November 2023.

Questions about 407, Al Ramth 53

What did unit 407 last sell for?

AED 491,804 on 6 November 2023: AED 424 per sqft for 1,158 sqft. The unit has 4 registered sales; the first was AED 1,292,152 in April 2009.

What is the rent for unit 407?

AED 36,000 a year on the contract renewed on 5 June 2020. The previous contract, from June 2019, was AED 52,000; the unit has been rented since June 2015.

How big is unit 407?

1,158 sqft (107.6 sqm): a one-bedroom apartment on the 4th floor of a 6-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 53 sold for AED 605,000 to 780,000 in the last 12 months, around AED 789 per sqft.

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Mortgage on 407, Al Ramth 53

Starts from the last sale price (AED 492K, 6 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 491,804
Deposit, UAE resident (20%)
AED 98,361
Deposit, non-resident (40%)
AED 196,722
Monthly over 25 years at 3.7%
AED 2,012

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