408, Al Ramth 55
Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Al Ramth 55
What is 408 worth today?
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Source: Dubai Land Department. Updated 18 February 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 669 sqft
- Floor
- 4th of 5
- Parking
- G-64
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,300 /yr
- Last sold
- AED 330K · February 2022
- Building
- Al Ramth 55
About 408, Al Ramth 55
408 is a one-bedroom apartment of 669 sqft on the 4th floor of Al Ramth 55, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 8 February 2022 for AED 330,000, or AED 493 per sqft, in line with the AED 494 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 18 February 2022, is AED 26,000 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 10,300 a year.
Sales and rents for 408 over time
408 has sold twice; 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 408 sits
All 22 1-beds →408 last sold in February 2022 at AED 493 per sqft, in line with what one-beds in Al Ramth 55 were fetching at the time (AED 494). 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. 408's AED 26,000 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 | |
| 406 | 1-bed | 756 sqft | AED 410KAED 410,000 · Sep 2021September 2021 | 35,650 /yr | |
| 407 | 1-bed | 756 sqft | AED 700KAED 700,000 · Nov 2016November 2016 | ||
| 409 | Studio | 401 sqft | AED 380KAED 380,000 · Nov 2024November 2024 | 40,000 /yr |
408, Al Ramth 55 in numbers
- Sold twice: first on 8 April 2009 for AED 918,052, last on 8 February 2022 for AED 330,000 (AED 493 per sqft).
- Rented since February 2014 on 6 Ejari contracts, from AED 50,000 to AED 26,000 a year.
- At AED 26,000 a year the gross yield on the 2022 price is 7.9%, before a service charge of about AED 10,300 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 18 February 2022.
Questions about 408, Al Ramth 55
What did unit 408 last sell for?
AED 330,000 on 8 February 2022: AED 493 per sqft for 669 sqft. The unit has 2 registered sales; the first was AED 918,052 in April 2009.
What is the rent for unit 408?
AED 26,000 a year on the contract signed on 18 February 2022. The previous contract, from February 2021, was AED 26,000; the unit has been rented since February 2014.
How big is unit 408?
669 sqft (62.2 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.
What is unit 408 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 408, Al Ramth 55
Starts from the last sale price (AED 330K, 8 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 330,000
- Deposit, UAE resident (20%)
- AED 66,000
- Deposit, non-resident (40%)
- AED 132,000
- Monthly over 25 years at 3.7%
- AED 1,350
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →