408, Al Thamam 01
Sold prices and rental history: sold 4 times, last in June 2023, 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 408, Al Thamam 01
What is 408 worth today?
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Source: Dubai Land Department. Updated 13 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 689 sqft
- Floor
- 4th of 5
- Parking
- G-97
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,100 /yr
- Last sold
- AED 435K · June 2023
- Building
- Al Thamam 01
About 408, Al Thamam 01
408 is a one-bedroom apartment of 689 sqft on the 4th floor of Al Thamam 01, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 13 June 2023 for AED 435,000, or AED 631 per sqft, 15% above the AED 551 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 28 April 2023, is AED 40,000 a year: a gross yield of 9.2% on the 2023 price, before the service charge of about AED 11,100 a year.
Sales and rents for 408 over time
408 has sold 4 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 Thamam 01, and where 408 sits
All 22 1-beds →408 last sold in June 2023 at AED 631 per sqft, 15% above what one-beds in Al Thamam 01 were fetching at the time (AED 551). Over the last 12 months one-beds sold for AED 670,000, around AED 883 per sqft, and rent for AED 24,000 to 60,000 a year. 408's AED 40,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Jun 202626 June 2026 | 758 sqft | 670,000 | 883 | ||
| 23 Apr 202523 April 2025 | 665 sqft | 600,000 | 902 | ||
| 4 Jan 20254 January 2025 | 758 sqft | 635,000 | 837 | ||
| 5 Sep 20245 September 2024 | 1,158 sqft | 675,000 | 582 |
Al Thamam 01
Building48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,061
- Typical sale
- AED 855K
- Typical rent
- AED 70K /yr
- Typical yield
- 7.3%
Other units on the 4th floor
All 48 units in Al Thamam 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 665 sqft | AED 380KAED 380,000 · Feb 2022February 2022 | 43,765 /yr | |
| 402 | 1-bed | 758 sqft | AED 435KAED 435,000 · Dec 2021December 2021 | 50,000 /yr | |
| 403 | 1-bed | 758 sqft | AED 425KAED 425,000 · Feb 2022February 2022 | 34,000 /yr | |
| 404 | 2-bed | 1,006 sqft | AED 1.04MAED 1,040,000 · Nov 2025November 2025 | 63,800 /yr | |
| 405 | 2-bed | 1,006 sqft | AED 521KAED 521,236 · May 2013May 2013 | 65,412 /yr | |
| 406 | 1-bed | 758 sqft | AED 670KAED 670,000 · Jun 2026June 2026 | 48,042 /yr | |
| 407 | 1-bed | 758 sqft | AED 635KAED 635,000 · Jan 2025January 2025 | 60,000 /yr | |
| 409 | Studio | 468 sqft | AED 395KAED 395,000 · Mar 2024March 2024 | 46,000 /yr |
408, Al Thamam 01 in numbers
- Sold 4 times: first on 7 December 2011 for AED 644,130, last on 13 June 2023 for AED 435,000 (AED 631 per sqft).
- Rented since January 2013 on 11 Ejari contracts, from AED 32,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2023 price is 9.2%, before a service charge of about AED 11,100 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 01 sold for AED 670,000–670,000 in the 12 months to November 2026; the building's median across all types is AED 1,061 per sqft.
Source: Dubai Land Department. Updated 13 June 2023.
Questions about 408, Al Thamam 01
What did unit 408 last sell for?
AED 435,000 on 13 June 2023: AED 631 per sqft for 689 sqft. The unit has 4 registered sales; the first was AED 644,130 in December 2011.
What is the rent for unit 408?
AED 40,000 a year on the contract renewed on 28 April 2023. The previous contract, from April 2022, was AED 40,000; the unit has been rented since January 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 Thamam 01 sold for AED 670,000 to 670,000 in the last 12 months, around AED 883 per sqft.
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Mortgage on 408, Al Thamam 01
Starts from the last sale price (AED 435K, 13 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 435,000
- Deposit, UAE resident (20%)
- AED 87,000
- Deposit, non-resident (40%)
- AED 174,000
- Monthly over 25 years at 3.7%
- AED 1,780
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →