1-bed · 689 sqftAl Ramth 57, Remraam · 4th floor · completed 2011

408, Al Ramth 57

Sold prices and rental history: sold 6 times, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 14 February 2025
Last soldAED 689K4 November 2024
Current rentAED 55K /yr14 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Al Ramth 57

What is 408 worth today?

Last sold for AED 688,890 in 2024

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14 Feb 2025RentedRenewal
AED 55,000/yr12 months · AED 80 per sqft
14 Feb 2025RentedRenewal
AED 55,000/yr12 months · AED 80 per sqft
4 Nov 2024SoldReady
AED 688,890AED 1,000 per sqft
2 Jul 2024SoldReady
AED 333,454AED 484 per sqft
15 Feb 2024RentedNew contract
AED 47,127/yr12 months · AED 68 per sqft
24 Dec 2022RentedRenewal
AED 37,950/yr12 months · AED 55 per sqft
24 Dec 2021RentedNew contract
AED 33,000/yr12 months · AED 48 per sqft
1 Aug 2018RentedNew contract
AED 50,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 14 February 2025.

Key facts

Type
1-bed apartment
Size
689 sqft
Floor
4th of 5
Parking
G-97
Developer
Remraam
Completed
2011
Service charge
AED 10,600 /yr
Last sold
AED 689K · November 2024
Building
Al Ramth 57

About 408, Al Ramth 57

408 is a one-bedroom apartment of 689 sqft on the 4th floor of Al Ramth 57, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 4 November 2024 for AED 688,890, or AED 1,000 per sqft, 93% above the AED 519 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 14 February 2025, is AED 55,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 10,600 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Al Ramth 57
500K1M2009201420192024Typical sale price by year: 2009 AED 1,030,928; 2013 AED 781,585; 2014 AED 781,585; 2015 AED 600,439; 2024 AED 486,338; 2025 AED 1,071,030Sold by developer, April 2009: AED 906,228 (AED 1,315 per sqft)Sold, April 2013: AED 687,045 (AED 997 per sqft)Sold, August 2014: AED 687,045 (AED 997 per sqft)Sold, September 2015: AED 495,000 (AED 718 per sqft)Sold, July 2024: AED 333,454 (AED 484 per sqft)Sold, November 2024: AED 688,890 (AED 1,000 per sqft)

408 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 408, each contractTypical one-bed in Al Ramth 57
40K60K2013201720212025Typical rent by year: 2013 AED 31,796; 2017 AED 50,769; 2018 AED 50,000; 2019 AED 58,356; 2020 AED 54,855; 2021 AED 36,000; 2022 AED 37,000; 2023 AED 41,913; 2024 AED 45,023; 2025 AED 55,000; 2026 AED 55,000New contract, July 2013: AED 28,208 a yearNew contract, August 2018: AED 50,000 a yearNew contract, December 2021: AED 33,000 a yearRenewal, December 2022: AED 37,950 a yearNew contract, February 2024: AED 47,127 a yearRenewal, February 2025: AED 55,000 a yearRenewal, February 2025: AED 55,000 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 57, and where 408 sits

All 22 1-beds →

408 last sold in November 2024 at AED 1,000 per sqft, 93% above what one-beds in Al Ramth 57 were fetching at the time (AED 519). 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. 408's AED 55,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Dec 20251,071,030
25 Dec 20251,043,730
12 Jun 20251,072,723
19 May 20251,072,723
2 1-bed sales in the last 12 months

Al Ramth 57

Building

48 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%
Al Ramth 57, Remraam: prices, sales and rents →

Other units on the 4th floor

All 48 units in Al Ramth 57
Value
4011-bedAED 665K · Sep 2024
4021-bedAED 758K · Nov 2024
4031-bedAED 758K · Oct 2024
4042-bedAED 980K · Aug 2024
4052-bedAED 875K · Oct 2026
4061-bedAED 758K · Aug 2024
4071-bedAED 758K · Oct 2024
1–7 of 8

408, Al Ramth 57 in numbers

  • Sold 6 times: first on 7 April 2009 for AED 906,228, last on 4 November 2024 for AED 688,890 (AED 1,000 per sqft).
  • Rented since July 2013 on 7 Ejari contracts, from AED 28,208 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 10,600 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 14 February 2025.

Questions about 408, Al Ramth 57

What did unit 408 last sell for?

AED 688,890 on 4 November 2024: AED 1,000 per sqft for 689 sqft. The unit has 6 registered sales; the first was AED 906,228 in April 2009.

What is the rent for unit 408?

AED 55,000 a year on the contract renewed on 14 February 2025. The previous contract, from February 2025, was AED 55,000; the unit has been rented since July 2013.

How big is unit 408?

689 sqft (64.0 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 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 408, Al Ramth 57

Starts from the last sale price (AED 689K, 4 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 688,890
Deposit, UAE resident (20%)
AED 137,778
Deposit, non-resident (40%)
AED 275,556
Monthly over 25 years at 3.7%
AED 2,818

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