409, Al Ramth 59
Sold prices and rental history: sold 6 times, last in September 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 409, Al Ramth 59
What is 409 worth today?
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Source: Dubai Land Department. Updated 26 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 468 sqft
- Floor
- 4th of 6
- Parking
- G-65
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,200 /yr
- Last sold
- AED 445K · September 2024
- Building
- Al Ramth 59
About 409, Al Ramth 59
409 is a studio of 468 sqft on the 4th floor of Al Ramth 59, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 16 September 2024 for AED 445,028, or AED 950 per sqft, 68% above the AED 565 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 26 December 2025, is AED 45,000 a year: a gross yield of 10.1% on the 2024 price, before the service charge of about AED 7,200 a year.
Sales and rents for 409 over time
409 has sold 6 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Ramth 59, and where 409 sits
All 5 studios →409 last sold in September 2024 at AED 950 per sqft, 68% above what studios in Al Ramth 59 were fetching at the time (AED 565). Over the last 12 months studios sold for AED 407,011, around AED 869 per sqft, and rent for AED 40,000 to 45,000 a year. 409's AED 45,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Apr 202621 April 2026 | 468 sqft | 407,011 | 869 | ||
| 4 Dec 20244 December 2024 | 468 sqft | 351,338 | 750 | ||
| 4 Dec 20244 December 2024 | 468 sqft | 351,090 | 750 | ||
| 4 Nov 20244 November 2024 | 468 sqft | 468,450 | 1,000 |
Al Ramth 59
Building57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 12 sold in the last 12 months.
- Typical price per sqft
- AED 916
- Typical sale
- AED 1.43M
- Typical rent
- AED 61K /yr
- Typical yield
- 8.8%
Other units on the 4th floor
All 57 units in Al Ramth 59| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 689 sqft | AED 689KAED 688,890 · Sep 2024September 2024 | 54,000 /yr | |
| 402 | 1-bed | 1,160 sqft | AED 1.07MAED 1,072,722 · Mar 2026March 2026 | 62,000 /yr | |
| 403 | 1-bed | 1,112 sqft | AED 1.03MAED 1,029,016 · Apr 2025April 2025 | 63,000 /yr | |
| 404 | 2-bed | 1,005 sqft | AED 980KAED 980,216 · Sep 2024September 2024 | 82,500 /yr | |
| 405 | 2-bed | 1,005 sqft | AED 980KAED 980,216 · Oct 2024October 2024 | 80,000 /yr | |
| 406 | 1-bed | 1,112 sqft | AED 1MAED 1,000,000 · Apr 2025April 2025 | 53,143 /yr | |
| 407 | 1-bed | 1,160 sqft | AED 1.04MAED 1,043,730 · Feb 2026February 2026 | 46,020 /yr | |
| 408 | 1-bed | 665 sqft | AED 665KAED 665,102 · Oct 2024October 2024 | 56,000 /yr |
409, Al Ramth 59 in numbers
- Sold 6 times: first on 7 April 2009 for AED 632,100, last on 16 September 2024 for AED 445,028 (AED 950 per sqft).
- Rented since July 2013 on 9 Ejari contracts, from AED 16,520 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2024 price is 10.1%, before a service charge of about AED 7,200 a year (AED 15.34 per sqft).
- Studios in Al Ramth 59 sold for AED 407,011–407,011 in the 12 months to November 2026; the building's median across all types is AED 916 per sqft.
Source: Dubai Land Department. Updated 26 December 2025.
Questions about 409, Al Ramth 59
What did unit 409 last sell for?
AED 445,028 on 16 September 2024: AED 950 per sqft for 468 sqft. The unit has 6 registered sales; the first was AED 632,100 in April 2009.
What is the rent for unit 409?
AED 45,000 a year on the contract signed on 26 December 2025. The previous contract, from December 2023, was AED 40,111; the unit has been rented since July 2013.
How big is unit 409?
468 sqft (43.5 sqm): a studio on the 4th floor of a 6-storey tower completed in 2011.
What is unit 409 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Ramth 59 sold for AED 407,011 to 407,011 in the last 12 months, around AED 869 per sqft.
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Mortgage on 409, Al Ramth 59
Starts from the last sale price (AED 445K, 16 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 445,028
- Deposit, UAE resident (20%)
- AED 89,006
- Deposit, non-resident (40%)
- AED 178,011
- Monthly over 25 years at 3.7%
- AED 1,821
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →