406, Al Ramth 55
Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Al Ramth 55
What is 406 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 24 January 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 756 sqft
- Floor
- 4th of 5
- Parking
- G-62
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,600 /yr
- Last sold
- AED 410K · September 2021
- Building
- Al Ramth 55
About 406, Al Ramth 55
406 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 19 September 2021 for AED 410,000, or AED 542 per sqft, 4% above the AED 522 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 24 January 2023, is AED 35,650 a year: a gross yield of 8.7% on the 2021 price, before the service charge of about AED 11,600 a year.
Sales and rents for 406 over time
406 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 55, and where 406 sits
All 22 1-beds →406 last sold in September 2021 at AED 542 per sqft, 4% above what one-beds in Al Ramth 55 were fetching at the time (AED 522). 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. 406's AED 35,650 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Apr 202617 April 2026 | 774 sqft | 660,000 | 852 | ||
| 21 May 202521 May 2025 | 1,156 sqft | 800,000 | 691 | ||
| 21 Jun 202421 June 2024 | 774 sqft | 580,000 | 749 | ||
| 8 Nov 20238 November 2023 | 774 sqft | 493,140 | 637 |
Al Ramth 55
Building48 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%
Other units on the 4th floor
All 48 units in Al Ramth 55| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 668 sqft | AED 610KAED 610,000 · May 2017May 2017 | 52,000 /yr | |
| 402 | 1-bed | 756 sqft | AED 395KAED 395,000 · Mar 2021March 2021 | 30,000 /yr | |
| 403 | 1-bed | 756 sqft | AED 430KAED 430,000 · Jan 2021January 2021 | 61,000 /yr | |
| 404 | 2-bed | 1,009 sqft | AED 975KAED 975,000 · Jul 2026July 2026 | 40,000 /yr | |
| 405 | 2-bed | 1,009 sqft | AED 1MAED 1,000,000 · Apr 2014April 2014 | 68,400 /yr | |
| 407 | 1-bed | 756 sqft | AED 700KAED 700,000 · Nov 2016November 2016 | ||
| 408 | 1-bed | 669 sqft | AED 330KAED 330,000 · Feb 2022February 2022 | 26,000 /yr | |
| 409 | Studio | 401 sqft | AED 380KAED 380,000 · Nov 2024November 2024 | 40,000 /yr |
406, Al Ramth 55 in numbers
- Sold 3 times: first on 8 April 2009 for AED 1,030,928, last on 19 September 2021 for AED 410,000 (AED 542 per sqft).
- Rented since April 2016 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 31,000 in 2022 and recovered to AED 35,650 by January 2023.
- At AED 35,650 a year the gross yield on the 2021 price is 8.7%, 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 24 January 2023.
Questions about 406, Al Ramth 55
What did unit 406 last sell for?
AED 410,000 on 19 September 2021: AED 542 per sqft for 756 sqft. The unit has 3 registered sales; the first was AED 1,030,928 in April 2009.
What is the rent for unit 406?
AED 35,650 a year on the contract renewed on 24 January 2023. The previous contract, from January 2022, was AED 31,000; the unit has been rented since April 2016.
How big is unit 406?
756 sqft (70.2 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.
What is unit 406 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.
Selling 406? 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.
Mortgage on 406, Al Ramth 55
Starts from the last sale price (AED 410K, 19 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 410,000
- Deposit, UAE resident (20%)
- AED 82,000
- Deposit, non-resident (40%)
- AED 164,000
- Monthly over 25 years at 3.7%
- AED 1,677
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →