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1-bed · 756 sqftAl Thamam 05, Remraam · 4th floor · completed 2011

402, Al Thamam 05

Sold prices and rental history: sold 3 times, last in June 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 13 July 2020
Last soldAED 679K20 June 2013
Current rentAED 36K /yr13 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, Al Thamam 05

What is 402 worth today?

Last sold for AED 678,765 in 2013

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13 Jul 2020RentedNew contract
AED 36,000/yr12 months · AED 48 per sqft
1 Jul 2017RentedRenewal
AED 50,000/yr12 months · AED 66 per sqft
1 Jul 2016RentedRenewal
AED 48,000/yr12 months · AED 64 per sqft
1 Jul 2015RentedNew contract
AED 48,000/yr12 months · AED 64 per sqft
1 Jul 2013RentedNew contract
AED 46,000/yr12 months · AED 61 per sqft
20 Jun 2013SoldReady
AED 678,765AED 898 per sqft
24 Dec 2012SoldReady
AED 678,765AED 898 per sqft
30 Mar 2009Sold by developerOff-plan
AED 704,133AED 931 per sqft

Source: Dubai Land Department. Updated 13 July 2020.

Key facts

Type
1-bed apartment
Size
756 sqft
Floor
4th of 5
Parking
G-123
Developer
Remraam
Completed
2011
Service charge
AED 12,100 /yr
Last sold
AED 679K · June 2013
Building
Al Thamam 05

About 402, Al Thamam 05

402 is a one-bedroom apartment of 756 sqft on the 4th floor of Al Thamam 05, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 20 June 2013 for AED 678,765, or AED 898 per sqft, in line with the AED 898 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 13 July 2020, is AED 36,000 a year: a gross yield of 5.3% on the 2013 price, before the service charge of about AED 12,100 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical one-bed in Al Thamam 05
400K600K2009201220152018Typical sale price by year: 2009 AED 631,878; 2013 AED 696,875; 2014 AED 635,908; 2015 AED 350,000; 2017 AED 600,000; 2019 AED 450,000Sold by developer, March 2009: AED 704,133 (AED 931 per sqft)Sold, December 2012: AED 678,765 (AED 898 per sqft)Sold, June 2013: AED 678,765 (AED 898 per sqft)

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

Rents
Unit 402, each contractTypical one-bed in Al Thamam 05
40K60K2013201720212025Typical rent by year: 2013 AED 44,000; 2014 AED 56,000; 2015 AED 55,000; 2016 AED 57,000; 2017 AED 53,000; 2018 AED 54,000; 2019 AED 46,500; 2020 AED 38,000; 2021 AED 32,000; 2022 AED 37,000; 2023 AED 46,000; 2024 AED 50,000; 2025 AED 58,000; 2026 AED 61,000New contract, July 2013: AED 46,000 a yearNew contract, July 2015: AED 48,000 a yearRenewal, July 2016: AED 48,000 a yearRenewal, July 2017: AED 50,000 a yearNew contract, July 2020: AED 36,000 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 05, and where 402 sits

All 22 1-beds →

402 last sold in June 2013 at AED 898 per sqft, in line with what one-beds in Al Thamam 05 were fetching at the time (AED 898). 402's AED 36,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Jan 2025678,765
4 Jun 2024670,000
2 Mar 2023340,000
26 Sep 2022500,000
0 1-bed sales in the last 12 months

Al Thamam 05

Building

47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 879
Typical sale
AED 1.45M
Typical rent
AED 62K /yr
Typical yield
8.3%
Al Thamam 05, Remraam: prices, sales and rents →

Other units on the 4th floor

All 47 units in Al Thamam 05
Value
4011-bedAED 340K · Mar 2023
4031-bedAED 700K · Mar 2017
4042-bedAED 600K · Feb 2021
4052-bedAED 600K · Mar 2022
4061-bedAED 622K · Dec 2014
4071-bedAED 679K · Jan 2025
4081-bedAED 680K · Nov 2014
1–7 of 8

402, Al Thamam 05 in numbers

  • Sold 3 times: first on 30 March 2009 for AED 704,133, last on 20 June 2013 for AED 678,765 (AED 898 per sqft).
  • Rented since July 2013 on 5 Ejari contracts, from AED 46,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2013 price is 5.3%, before a service charge of about AED 12,100 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 13 July 2020.

Questions about 402, Al Thamam 05

What did unit 402 last sell for?

AED 678,765 on 20 June 2013: AED 898 per sqft for 756 sqft. The unit has 3 registered sales; the first was AED 704,133 in March 2009.

What is the rent for unit 402?

AED 36,000 a year on the contract signed on 13 July 2020. The previous contract, from July 2017, was AED 50,000; the unit has been rented since July 2013.

How big is unit 402?

756 sqft (70.2 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.

What is unit 402 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 402, Al Thamam 05

Starts from the last sale price (AED 679K, 20 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 678,765
Deposit, UAE resident (20%)
AED 135,753
Deposit, non-resident (40%)
AED 271,506
Monthly over 25 years at 3.7%
AED 2,777

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