408, Al Thamam 02
Sold prices and rental history: sold twice, last in May 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Al Thamam 02
What is 408 worth today?
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Source: Dubai Land Department. Updated 30 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 665 sqft
- Floor
- 4th of 5
- Parking
- G-64
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,700 /yr
- Last sold
- AED 350K · May 2021
- Building
- Al Thamam 02
About 408, Al Thamam 02
408 is a one-bedroom apartment of 665 sqft on the 4th floor of Al Thamam 02, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 25 May 2021 for AED 350,000, or AED 526 per sqft.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 30 August 2026, is AED 55,000 a year: a gross yield of 15.7% on the 2021 price, before the service charge of about AED 10,700 a year.
Sales and rents for 408 over time
408 has sold twice; 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 02, and where 408 sits
All 21 1-beds →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. 408's AED 55,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Apr 20262 April 2026 | 755 sqft | 690,000 | 913 | ||
| 11 Jul 202511 July 2025 | 755 sqft | 690,000 | 913 | ||
| 7 May 20257 May 2025 | 1,205 sqft | 680,000 | 564 | ||
| 9 Oct 20249 October 2024 | 773 sqft | 650,000 | 840 |
Al Thamam 02
Building47 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%
Other units on the 4th floor
All 47 units in Al Thamam 02| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 689 sqft | AED 390KAED 390,000 · Sep 2022September 2022 | 43,000 /yr | |
| 402 | 1-bed | 755 sqft | AED 690KAED 690,000 · Apr 2026April 2026 | 60,000 /yr | |
| 403 | 1-bed | 755 sqft | AED 385KAED 385,000 · Feb 2023February 2023 | 62,000 /yr | |
| 404 | 2-bed | 1,009 sqft | AED 775KAED 775,000 · Nov 2023November 2023 | 75,000 /yr | |
| 405 | 2-bed | 1,009 sqft | AED 570KAED 570,000 · Dec 2021December 2021 | 75,000 /yr | |
| 406 | 1-bed | 755 sqft | AED 580KAED 580,000 · May 2024May 2024 | 48,500 /yr | |
| 407 | 1-bed | 755 sqft | AED 690KAED 690,000 · Jul 2025July 2025 | 36,000 /yr | |
| 409 | Studio | 387 sqft | AED 395KAED 395,000 · Jan 2025January 2025 | 42,000 /yr |
408, Al Thamam 02 in numbers
- Sold twice: first on 26 December 2013 for AED 696,010, last on 25 May 2021 for AED 350,000 (AED 526 per sqft).
- Rented since February 2014 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 30,000 in 2021 and recovered to AED 55,000 by August 2026.
- At AED 55,000 a year the gross yield on the 2021 price is 15.7%, before a service charge of about AED 10,700 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 30 August 2026.
Questions about 408, Al Thamam 02
What did unit 408 last sell for?
AED 350,000 on 25 May 2021: AED 526 per sqft for 665 sqft. The unit has 2 registered sales; the first was AED 696,010 in December 2013.
What is the rent for unit 408?
AED 55,000 a year on the contract renewed on 30 August 2026. The previous contract, from August 2025, was AED 55,000; the unit has been rented since February 2014.
How big is unit 408?
665 sqft (61.8 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 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 408, Al Thamam 02
Starts from the last sale price (AED 350K, 25 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 350,000
- Deposit, UAE resident (20%)
- AED 70,000
- Deposit, non-resident (40%)
- AED 140,000
- Monthly over 25 years at 3.7%
- AED 1,432
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →