406, Al Ramth 57
Sold prices and rental history: sold 6 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Al Ramth 57
What is 406 worth today?
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Source: Dubai Land Department. Updated 23 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 758 sqft
- Floor
- 4th of 5
- Parking
- G-99
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,600 /yr
- Last sold
- AED 758K · August 2024
- Building
- Al Ramth 57
About 406, Al Ramth 57
406 is a one-bedroom apartment of 758 sqft on the 4th floor of Al Ramth 57, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 23 August 2024 for AED 758,320, or AED 1,000 per sqft, 100% above the AED 501 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 15 December 2023, is AED 40,813 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 11,600 a year.
Sales and rents for 406 over time
406 has sold 6 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 57, and where 406 sits
All 22 1-beds →406 last sold in August 2024 at AED 1,000 per sqft, 100% above what one-beds in Al Ramth 57 were fetching at the time (AED 501). Over the last 12 months one-beds sold for AED 1,043,730 to 1,071,030, around AED 913 per sqft, and rent for AED 41,482 to 62,000 a year. 406's AED 40,813 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Dec 202525 December 2025 | 1,158 sqft | 1,071,030 | 925 | ||
| 25 Dec 202525 December 2025 | 1,160 sqft | 1,043,730 | 900 | ||
| 12 Jun 202512 June 2025 | 1,160 sqft | 1,072,723 | 925 | ||
| 19 May 202519 May 2025 | 1,160 sqft | 1,072,723 | 925 |
Al Ramth 57
Building48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 9 sold in the last 12 months.
- Typical price per sqft
- AED 900
- Typical sale
- AED 1.39M
- Typical rent
- AED 60K /yr
- Typical yield
- 8.7%
Other units on the 4th floor
All 48 units in Al Ramth 57| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 665 sqft | AED 665KAED 665,101 · Sep 2024September 2024 | 45,000 /yr | |
| 402 | 1-bed | 758 sqft | AED 758KAED 758,320 · Nov 2024November 2024 | 60,000 /yr | |
| 403 | 1-bed | 758 sqft | AED 758KAED 758,320 · Oct 2024October 2024 | 59,000 /yr | |
| 404 | 2-bed | 1,006 sqft | AED 980KAED 980,424 · Aug 2024August 2024 | 80,000 /yr | |
| 405 | 2-bed | 1,006 sqft | AED 875KAED 875,000 · Oct 2026October 2026 | 65,984 /yr | |
| 407 | 1-bed | 758 sqft | AED 758KAED 758,320 · Oct 2024October 2024 | 55,000 /yr | |
| 408 | 1-bed | 689 sqft | AED 689KAED 688,890 · Nov 2024November 2024 | 55,000 /yr | |
| 409 | Studio | 468 sqft | AED 468KAED 468,450 · Oct 2024October 2024 | 40,000 /yr |
406, Al Ramth 57 in numbers
- Sold 6 times: first on 7 April 2009 for AED 1,030,928, last on 23 August 2024 for AED 758,320 (AED 1,000 per sqft).
- Rented since July 2013 on 6 Ejari contracts, from AED 31,050 to AED 40,813 a year.
- At AED 40,813 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 11,600 a year (AED 15.34 per sqft).
- One-beds in Al Ramth 57 sold for AED 1,043,730–1,071,030 in the 12 months to November 2026; the building's median across all types is AED 900 per sqft.
Source: Dubai Land Department. Updated 23 August 2024.
Questions about 406, Al Ramth 57
What did unit 406 last sell for?
AED 758,320 on 23 August 2024: AED 1,000 per sqft for 758 sqft. The unit has 6 registered sales; the first was AED 1,030,928 in April 2009.
What is the rent for unit 406?
AED 40,813 a year on the contract renewed on 15 December 2023. The previous contract, from December 2022, was AED 37,000; the unit has been rented since July 2013.
How big is unit 406?
758 sqft (70.4 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 57 sold for AED 1,043,730 to 1,071,030 in the last 12 months, around AED 913 per sqft.
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Mortgage on 406, Al Ramth 57
Starts from the last sale price (AED 758K, 23 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 758,320
- Deposit, UAE resident (20%)
- AED 151,664
- Deposit, non-resident (40%)
- AED 303,328
- Monthly over 25 years at 3.7%
- AED 3,103
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →