1-bed · 764 sqftAl Thamam 06, Remraam · 4th floor · completed 2011

408, Al Thamam 06

Sold prices and rental history: sold 3 times, last in May 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 725K18 May 2017
Current rentAED 39K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Al Thamam 06

What is 408 worth today?

Last sold for AED 725,000 in 2017

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1 Apr 2024RentedRenewal
AED 38,640/yr12 months · AED 51 per sqft
22 Mar 2023RentedNew contract
AED 34,100/yr12 months · AED 45 per sqft
22 Mar 2022RentedRenewal
AED 31,000/yr12 months · AED 41 per sqft
22 Mar 2021RentedNew contract
AED 31,000/yr12 months · AED 41 per sqft
10 Mar 2020RentedNew contract
AED 38,000/yr12 months · AED 50 per sqft
24 May 2019RentedRenewal
AED 50,000/yr12 months · AED 65 per sqft
24 May 2018RentedNew contract
AED 52,000/yr12 months · AED 68 per sqft
18 May 2017SoldReady
AED 725,000AED 948 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
1-bed apartment
Size
764 sqft
Floor
4th of 5
Parking
G-107
Developer
Remraam
Completed
2011
Service charge
AED 12,300 /yr
Last sold
AED 725K · May 2017
Building
Al Thamam 06

About 408, Al Thamam 06

408 is a one-bedroom apartment of 764 sqft on the 4th floor of Al Thamam 06, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 18 May 2017 for AED 725,000, or AED 948 per sqft.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 38,640 a year: a gross yield of 5.3% on the 2017 price, before the service charge of about AED 12,300 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Al Thamam 06
500K750K2009201420192024Typical sale price by year: 2009 AED 623,279; 2013 AED 343,864; 2014 AED 338,327; 2015 AED 800,399; 2017 AED 630,000; 2024 AED 619,889; 2025 AED 630,000Sold by developer, April 2009: AED 702,468 (AED 919 per sqft)Sold, February 2014: AED 337,508 (AED 441 per sqft)Sold, May 2017: AED 725,000 (AED 948 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in Al Thamam 06
40K60K2013201720212025Typical rent by year: 2013 AED 44,880; 2014 AED 46,997; 2015 AED 55,000; 2016 AED 60,000; 2017 AED 61,847; 2018 AED 50,000; 2019 AED 44,565; 2020 AED 35,000; 2021 AED 32,500; 2022 AED 36,500; 2023 AED 43,000; 2024 AED 49,500; 2025 AED 50,000; 2026 AED 56,000New contract, October 2013: AED 50,000 a yearNew contract, October 2014: AED 49,733 a yearNew contract, April 2016: AED 63,000 a yearNew contract, May 2017: AED 63,000 a yearNew contract, May 2018: AED 52,000 a yearRenewal, May 2019: AED 50,000 a yearNew contract, March 2020: AED 38,000 a yearNew contract, March 2021: AED 31,000 a yearRenewal, March 2022: AED 31,000 a yearNew contract, March 2023: AED 34,100 a yearRenewal, April 2024: AED 38,640 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 06, and where 408 sits

All 24 1-beds →

408's AED 38,640 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Apr 2025575,000
22 Jan 2025650,000
20 Jan 2025650,000
8 Jan 2025610,000
0 1-bed sales in the last 12 months

Al Thamam 06

Building

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

Typical price per sqft
AED 931
Typical sale
AED 1M
Typical rent
AED 61K /yr
Typical yield
8.6%
Al Thamam 06, Remraam: prices, sales and rents →

Other units on the 4th floor

All 60 units in Al Thamam 06
Value
401StudioAED 425K · Apr 2024
4021-bedAED 650K · Jan 2025
4031-bedAED 650K · Jan 2025
4042-bedAED 458K · Jun 2017
4051-bedAED 315K · May 2017
4061-bedAED 550K · Feb 2024
4072-bedAED 930K · May 2017
1–7 of 10

408, Al Thamam 06 in numbers

  • Sold 3 times: first on 8 April 2009 for AED 702,468, last on 18 May 2017 for AED 725,000 (AED 948 per sqft).
  • Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 50,000 to AED 31,000 in 2022 and recovered to AED 38,640 by April 2024.
  • At AED 38,640 a year the gross yield on the 2017 price is 5.3%, before a service charge of about AED 12,300 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 1 April 2024.

Questions about 408, Al Thamam 06

What did unit 408 last sell for?

AED 725,000 on 18 May 2017: AED 948 per sqft for 764 sqft. The unit has 3 registered sales; the first was AED 702,468 in April 2009.

What is the rent for unit 408?

AED 38,640 a year on the contract renewed on 1 April 2024. The previous contract, from March 2023, was AED 34,100; the unit has been rented since October 2013.

How big is unit 408?

764 sqft (71.0 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.

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Mortgage on 408, Al Thamam 06

Starts from the last sale price (AED 725K, 18 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 725,000
Deposit, UAE resident (20%)
AED 145,000
Deposit, non-resident (40%)
AED 290,000
Monthly over 25 years at 3.7%
AED 2,966

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