409, Al Thamam 01
Sold prices and rental history: sold 4 times, last in March 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Al Thamam 01
What is 409 worth today?
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Source: Dubai Land Department. Updated 10 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 468 sqft
- Floor
- 4th of 5
- Parking
- G-96
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,500 /yr
- Last sold
- AED 395K · March 2024
- Building
- Al Thamam 01
About 409, Al Thamam 01
409 is a studio of 468 sqft on the 4th floor of Al Thamam 01, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 20 March 2024 for AED 395,000, or AED 843 per sqft, 7% above the AED 790 studios in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 10 September 2025, is AED 46,000 a year: a gross yield of 11.7% on the 2024 price, before the service charge of about AED 7,500 a year.
Sales and rents for 409 over time
409 has sold 4 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 Thamam 01, and where 409 sits
All 4 studios →409 last sold in March 2024 at AED 843 per sqft, 7% above what studios in Al Thamam 01 were fetching at the time (AED 790). Over the last 12 months studios sold for AED 510,000, around AED 1,088 per sqft, and rent for AED 39,000 to 50,000 a year. 409's AED 46,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Mar 20262 March 2026 | 468 sqft | 510,000 | 1,088 | ||
| 3 Jul 20233 July 2023 | 468 sqft | 390,000 | 832 | ||
| 3 Apr 20233 April 2023 | 468 sqft | 350,000 | 747 | ||
| 3 Apr 20233 April 2023 | 468 sqft | 350,000 | 747 |
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 | |
| 408 | 1-bed | 689 sqft | AED 435KAED 435,000 · Jun 2023June 2023 | 40,000 /yr |
409, Al Thamam 01 in numbers
- Sold 4 times: first on 7 December 2011 for AED 449,820, last on 20 March 2024 for AED 395,000 (AED 843 per sqft).
- Rented since September 2012 on 10 Ejari contracts, from AED 22,000 to AED 46,000 a year.
- At AED 46,000 a year the gross yield on the 2024 price is 11.7%, before a service charge of about AED 7,500 a year (AED 16.07 per sqft).
- Studios in Al Thamam 01 sold for AED 510,000–510,000 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 10 September 2025.
Questions about 409, Al Thamam 01
What did unit 409 last sell for?
AED 395,000 on 20 March 2024: AED 843 per sqft for 468 sqft. The unit has 4 registered sales; the first was AED 449,820 in December 2011.
What is the rent for unit 409?
AED 46,000 a year on the contract renewed on 10 September 2025. The previous contract, from September 2024, was AED 45,000; the unit has been rented since September 2012.
How big is unit 409?
468 sqft (43.5 sqm): a studio on the 4th floor of a 5-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 Thamam 01 sold for AED 510,000 to 510,000 in the last 12 months, around AED 1,088 per sqft.
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Mortgage on 409, Al Thamam 01
Starts from the last sale price (AED 395K, 20 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 395,000
- Deposit, UAE resident (20%)
- AED 79,000
- Deposit, non-resident (40%)
- AED 158,000
- Monthly over 25 years at 3.7%
- AED 1,616
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →