405, Al Thamam 04
Sold prices and rental history: sold once, by the developer in September 2013, 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 405, Al Thamam 04
What is 405 worth today?
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Source: Dubai Land Department. Updated 12 September 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,009 sqft
- Floor
- 4th of 6
- Parking
- G-82
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 16,200 /yr
- Last sold
- AED 914K · September 2013
- Building
- Al Thamam 04
About 405, Al Thamam 04
405 is a two-bedroom apartment of 1,009 sqft on the 4th floor of Al Thamam 04, a 6-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 19 September 2013 for AED 914,340, or AED 906 per sqft, in line with the AED 900 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 12 September 2022, is AED 49,000 a year: a gross yield of 5.4% on the 2013 price, before the service charge of about AED 16,200 a year.
Sales and rents for 405 over time
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Thamam 04, and where 405 sits
All 22 2-beds →405 last sold in September 2013 at AED 906 per sqft, in line with what two-beds in Al Thamam 04 were fetching at the time (AED 900). 405's AED 49,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Sep 201319 September 2013 | 1,009 sqft | 920,560 | 912 | ||
| 19 Sep 201319 September 2013 | 1,599 sqft | 991,223 | 619 | ||
| 19 Sep 201319 September 2013 | 1,149 sqft | 1,044,630 | 909 | ||
| 19 Sep 201319 September 2013 | 1,008 sqft | 895,680 | 888 |
Al Thamam 04
Building57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 46K /yr
- Typical yield
Other units on the 4th floor
All 57 units in Al Thamam 04| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 665 sqft | AED 628KAED 627,690 · Sep 2013September 2013 | 48,000 /yr | |
| 402 | 1-bed | 1,150 sqft | AED 861KAED 861,195 · Sep 2013September 2013 | 45,150 /yr | |
| 403 | 1-bed | 1,110 sqft | AED 780KAED 779,616 · Sep 2013September 2013 | 46,085 /yr | |
| 404 | 2-bed | 1,009 sqft | AED 914KAED 914,340 · Sep 2013September 2013 | 61,950 /yr | |
| 406 | 1-bed | 1,110 sqft | AED 780KAED 779,616 · Sep 2013September 2013 | 46,200 /yr | |
| 407 | 1-bed | 1,150 sqft | AED 861KAED 861,195 · Sep 2013September 2013 | 45,045 /yr | |
| 408 | 1-bed | 689 sqft | AED 628KAED 627,690 · Sep 2013September 2013 | 32,000 /yr | |
| 409 | Studio | 387 sqft | AED 370KAED 370,440 · Sep 2013September 2013 | 29,900 /yr |
405, Al Thamam 04 in numbers
- Sold once: by Remraam on 19 September 2013 for AED 914,340, or AED 906 per sqft.
- Rented since October 2013 on 9 Ejari contracts, from AED 60,059 to AED 49,000 a year.
- At AED 49,000 a year the gross yield on the 2013 price is 5.4%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 12 September 2022.
Questions about 405, Al Thamam 04
What did unit 405 last sell for?
AED 914,340 on 19 September 2013, sold by the developer: AED 906 per sqft for 1,009 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 49,000 a year on the contract renewed on 12 September 2022. The previous contract, from September 2021, was AED 45,000; the unit has been rented since October 2013.
How big is unit 405?
1,009 sqft (93.7 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2011.
What is unit 405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 405, Al Thamam 04
Starts from the last sale price (AED 914K, 19 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 914,340
- Deposit, UAE resident (20%)
- AED 182,868
- Deposit, non-resident (40%)
- AED 365,736
- Monthly over 25 years at 3.7%
- AED 3,741
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →