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1-bed · 756 sqftAl Ramth 55, Remraam · 4th floor · completed 2011

402, Al Ramth 55

Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 9 March 2021
Last soldAED 395K9 March 2021
Current rentAED 30K /yr1 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, Al Ramth 55

What is 402 worth today?

Last sold for AED 395,000 in 2021

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9 Mar 2021SoldReady
AED 395,000AED 522 per sqft
1 Jan 2021RentedRenewal
AED 30,000/yr12 months · AED 40 per sqft
1 Jan 2021RentedNew contract
AED 30,000/yr12 months · AED 40 per sqft
1 Jan 2020RentedNew contract
AED 40,000/yr12 months · AED 53 per sqft
1 Dec 2018RentedNew contract
AED 47,000/yr12 months · AED 62 per sqft
16 Feb 2017RentedRenewal
AED 55,000/yr12 months · AED 73 per sqft
16 Feb 2016RentedNew contract
AED 55,000/yr12 months · AED 73 per sqft
16 Feb 2015RentedRenewal
AED 55,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 9 March 2021.

Key facts

Type
1-bed apartment
Size
756 sqft
Floor
4th of 5
Parking
G-58
Developer
Remraam
Completed
2011
Service charge
AED 11,600 /yr
Last sold
AED 395K · March 2021
Building
Al Ramth 55

About 402, Al Ramth 55

402 is a one-bedroom apartment of 756 sqft on the 4th floor of Al Ramth 55, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 9 March 2021 for AED 395,000, or AED 522 per sqft.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 January 2021, is AED 30,000 a year: a gross yield of 7.6% on the 2021 price, before the service charge of about AED 11,600 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical one-bed in Al Ramth 55
500K1M2009201320172021Typical sale price by year: 2009 AED 1,030,928; 2011 AED 696,010; 2013 AED 786,380; 2014 AED 786,380; 2021 AED 395,000; 2022 AED 330,000Sold by developer, April 2009: AED 1,030,928 (AED 1,364 per sqft)Sold, March 2021: AED 395,000 (AED 522 per sqft)

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

Rents
Unit 402, each contractTypical one-bed in Al Ramth 55
40K60K2014201820222026Typical rent by year: 2014 AED 53,500; 2015 AED 58,000; 2016 AED 58,000; 2017 AED 55,000; 2018 AED 49,933; 2019 AED 42,000; 2020 AED 37,000; 2021 AED 30,000; 2022 AED 35,000; 2023 AED 42,000; 2024 AED 44,275; 2025 AED 53,000; 2026 AED 52,500New contract, February 2014: AED 55,000 a yearRenewal, February 2015: AED 55,000 a yearNew contract, February 2016: AED 55,000 a yearRenewal, February 2017: AED 55,000 a yearNew contract, December 2018: AED 47,000 a yearNew contract, January 2020: AED 40,000 a yearRenewal, January 2021: AED 30,000 a yearNew contract, January 2021: AED 30,000 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 55, and where 402 sits

All 22 1-beds →

Over the last 12 months one-beds sold for AED 660,000, around AED 852 per sqft, and rent for AED 46,755 to 70,000 a year. 402's AED 30,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Apr 2026660,000
21 May 2025800,000
21 Jun 2024580,000
8 Nov 2023493,140
1 1-bed sale in the last 12 months

Al Ramth 55

Building

48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 3 sold in the last 12 months.

Typical price per sqft
AED 966
Typical sale
AED 975K
Typical rent
AED 56K /yr
Typical yield
7.4%
Al Ramth 55, Remraam: prices, sales and rents →

Other units on the 4th floor

All 48 units in Al Ramth 55
Value
4011-bedAED 610K · May 2017
4031-bedAED 430K · Jan 2021
4042-bedAED 975K · Jul 2026
4052-bedAED 1M · Apr 2014
4061-bedAED 410K · Sep 2021
4071-bedAED 700K · Nov 2016
4081-bedAED 330K · Feb 2022
1–7 of 8

402, Al Ramth 55 in numbers

  • Sold twice: first on 8 April 2009 for AED 1,030,928, last on 9 March 2021 for AED 395,000 (AED 522 per sqft).
  • Rented since February 2014 on 8 Ejari contracts, from AED 55,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2021 price is 7.6%, before a service charge of about AED 11,600 a year (AED 15.34 per sqft).
  • One-beds in Al Ramth 55 sold for AED 660,000–660,000 in the 12 months to November 2026; the building's median across all types is AED 966 per sqft.

Source: Dubai Land Department. Updated 9 March 2021.

Questions about 402, Al Ramth 55

What did unit 402 last sell for?

AED 395,000 on 9 March 2021: AED 522 per sqft for 756 sqft. The unit has 2 registered sales; the first was AED 1,030,928 in April 2009.

What is the rent for unit 402?

AED 30,000 a year on the contract renewed on 1 January 2021. The previous contract, from January 2021, was AED 30,000; the unit has been rented since February 2014.

How big is unit 402?

756 sqft (70.2 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.

What is unit 402 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 55 sold for AED 660,000 to 660,000 in the last 12 months, around AED 852 per sqft.

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Mortgage on 402, Al Ramth 55

Starts from the last sale price (AED 395K, 9 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 395,000
Deposit, UAE resident (20%)
AED 79,000
Deposit, non-resident (40%)
AED 158,000
Monthly over 25 years at 3.7%
AED 1,616

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