408, 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 408, Al Thamam 04
What is 408 worth today?
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Source: Dubai Land Department. Updated 10 July 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 689 sqft
- Floor
- 4th of 6
- Parking
- G-85
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,100 /yr
- Last sold
- AED 628K · September 2013
- Building
- Al Thamam 04
About 408, Al Thamam 04
408 is a one-bedroom apartment of 689 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 627,690, or AED 911 per sqft, in line with the AED 929 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 10 July 2023, is AED 32,000 a year: a gross yield of 5.1% on the 2013 price, before the service charge of about AED 11,100 a year.
Sales and rents for 408 over time
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 04, and where 408 sits
All 24 1-beds →408 last sold in September 2013 at AED 911 per sqft, in line with what one-beds in Al Thamam 04 were fetching at the time (AED 929). 408's AED 32,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Sep 201323 September 2013 | 689 sqft | 619,150 | 898 | ||
| 19 Sep 201319 September 2013 | 689 sqft | 631,960 | 917 | ||
| 19 Sep 201319 September 2013 | 755 sqft | 708,920 | 938 | ||
| 19 Sep 201319 September 2013 | 1,110 sqft | 779,616 | 702 |
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 | |
| 405 | 2-bed | 1,009 sqft | AED 914KAED 914,340 · Sep 2013September 2013 | 49,000 /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 | |
| 409 | Studio | 387 sqft | AED 370KAED 370,440 · Sep 2013September 2013 | 29,900 /yr |
408, Al Thamam 04 in numbers
- Sold once: by Remraam on 19 September 2013 for AED 627,690, or AED 911 per sqft.
- Rented since November 2013 on 10 Ejari contracts, from AED 41,990 to AED 32,000 a year.
- At AED 32,000 a year the gross yield on the 2013 price is 5.1%, before a service charge of about AED 11,100 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 10 July 2023.
Questions about 408, Al Thamam 04
What did unit 408 last sell for?
AED 627,690 on 19 September 2013, sold by the developer: AED 911 per sqft for 689 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 32,000 a year on the contract renewed on 10 July 2023. The previous contract, from July 2022, was AED 32,000; the unit has been rented since November 2013.
How big is unit 408?
689 sqft (64.0 sqm): a one-bedroom apartment on the 4th floor of a 6-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.
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Mortgage on 408, Al Thamam 04
Starts from the last sale price (AED 628K, 19 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 627,690
- Deposit, UAE resident (20%)
- AED 125,538
- Deposit, non-resident (40%)
- AED 251,076
- Monthly over 25 years at 3.7%
- AED 2,568
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →