1-bed · 689 sqftAl Thamam 02, Remraam · 4th floor · completed 2011

401, Al Thamam 02

Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 23 September 2022
Last soldAED 390K23 September 2022
Current rentAED 43K /yr1 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Al Thamam 02

What is 401 worth today?

Last sold for AED 390,000 in 2022

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23 Sep 2022SoldReady
AED 390,000AED 566 per sqft
1 Feb 2019RentedNew contract
AED 43,000/yr12 months · AED 62 per sqft
21 Feb 2017RentedNew contract
AED 58,000/yr12 months · AED 84 per sqft
22 Nov 2016SoldReady
AED 650,000AED 943 per sqft
29 Feb 2016RentedRenewal
AED 55,000/yr12 months · AED 80 per sqft
1 Mar 2015RentedNew contract
AED 55,000/yr12 months · AED 80 per sqft
29 May 2013Sold by developerReady
AED 490,630AED 712 per sqft

Source: Dubai Land Department. Updated 23 September 2022.

Key facts

Type
1-bed apartment
Size
689 sqft
Floor
4th of 5
Parking
G-57
Developer
Remraam
Completed
2011
Service charge
AED 11,100 /yr
Last sold
AED 390K · September 2022
Building
Al Thamam 02

About 401, Al Thamam 02

401 is a one-bedroom apartment of 689 sqft on the 4th floor of Al Thamam 02, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 23 September 2022 for AED 390,000, or AED 566 per sqft, in line with the AED 566 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 1 February 2019, is AED 43,000 a year: a gross yield of 11.0% on the 2022 price, before the service charge of about AED 11,100 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical one-bed in Al Thamam 02
400K600K800K2013201620192022Typical sale price by year: 2013 AED 713,206; 2014 AED 718,500; 2016 AED 761,457; 2022 AED 390,000Sold by developer, May 2013: AED 490,630 (AED 712 per sqft)Sold, November 2016: AED 650,000 (AED 943 per sqft)Sold, September 2022: AED 390,000 (AED 566 per sqft)

401 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 401, each contractTypical one-bed in Al Thamam 02
40K60K2013201720212025Typical rent by year: 2013 AED 46,000; 2014 AED 52,421; 2015 AED 55,000; 2016 AED 55,500; 2017 AED 57,000; 2018 AED 53,000; 2019 AED 45,000; 2020 AED 38,000; 2021 AED 32,000; 2022 AED 35,500; 2023 AED 47,000; 2024 AED 52,250; 2025 AED 55,000; 2026 AED 55,000New contract, March 2015: AED 55,000 a yearRenewal, February 2016: AED 55,000 a yearNew contract, February 2017: AED 58,000 a yearNew contract, February 2019: AED 43,000 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 Thamam 02, and where 401 sits

All 21 1-beds →

401 last sold in September 2022 at AED 566 per sqft, in line with what one-beds in Al Thamam 02 were fetching at the time (AED 566). Over the last 12 months one-beds sold for AED 690,000, around AED 913 per sqft, and rent for AED 31,500 to 70,000 a year. 401's AED 43,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Apr 2026690,000
11 Jul 2025690,000
7 May 2025680,000
9 Oct 2024650,000
1 1-bed sale in the last 12 months

Al Thamam 02

Building

47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 913
Typical sale
AED 690K
Typical rent
AED 55K /yr
Typical yield
8.1%
Al Thamam 02, Remraam: prices, sales and rents →

Other units on the 4th floor

All 47 units in Al Thamam 02
Value
4021-bedAED 690K · Apr 2026
4031-bedAED 385K · Feb 2023
4042-bedAED 775K · Nov 2023
4052-bedAED 570K · Dec 2021
4061-bedAED 580K · May 2024
4071-bedAED 690K · Jul 2025
4081-bedAED 350K · May 2021
1–7 of 8

401, Al Thamam 02 in numbers

  • Sold 3 times: first on 29 May 2013 for AED 490,630, last on 23 September 2022 for AED 390,000 (AED 566 per sqft).
  • Rented since March 2015 on 4 Ejari contracts, from AED 55,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2022 price is 11.0%, before a service charge of about AED 11,100 a year (AED 16.07 per sqft).
  • One-beds in Al Thamam 02 sold for AED 690,000–690,000 in the 12 months to November 2026; the building's median across all types is AED 913 per sqft.

Source: Dubai Land Department. Updated 23 September 2022.

Questions about 401, Al Thamam 02

What did unit 401 last sell for?

AED 390,000 on 23 September 2022: AED 566 per sqft for 689 sqft. The unit has 3 registered sales; the first was AED 490,630 in May 2013.

What is the rent for unit 401?

AED 43,000 a year on the contract signed on 1 February 2019. The previous contract, from February 2017, was AED 58,000; the unit has been rented since March 2015.

How big is unit 401?

689 sqft (64.0 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.

What is unit 401 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 02 sold for AED 690,000 to 690,000 in the last 12 months, around AED 913 per sqft.

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Mortgage on 401, Al Thamam 02

Starts from the last sale price (AED 390K, 23 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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