Studio · 401 sqftAl Thamam 07, Remraam · 4th floor · completed 2011

409, Al Thamam 07

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

Unit 409 · DLD and Ejari recordsUpdated 31 January 2026
Last soldAED 435K3 April 2017
Current rentAED 39K /yr31 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Al Thamam 07

What is 409 worth today?

Last sold for AED 435,000 in 2017

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31 Jan 2026RentedRenewal
AED 39,000/yr12 months · AED 98 per sqft
31 Jan 2025RentedRenewal
AED 34,650/yr12 months · AED 87 per sqft
31 Jan 2025RentedRenewal
AED 34,650/yr12 months · AED 87 per sqft
31 Jan 2024RentedRenewal
AED 33,000/yr12 months · AED 83 per sqft
31 Jan 2023RentedNew contract
AED 26,000/yr12 months · AED 65 per sqft
28 Oct 2021RentedRenewal
AED 20,000/yr12 months · AED 50 per sqft
28 Oct 2020RentedRenewal
AED 20,000/yr12 months · AED 50 per sqft
28 Oct 2019RentedNew contract
AED 25,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 31 January 2026.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
4th of 6
Parking
G-65
Developer
Remraam
Completed
2011
Service charge
AED 6,400 /yr
Last sold
AED 435K · April 2017
Building
Al Thamam 07

About 409, Al Thamam 07

409 is a studio of 401 sqft on the 4th floor of Al Thamam 07, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 3 April 2017 for AED 435,000, or AED 1,084 per sqft.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 31 January 2026, is AED 39,000 a year: a gross yield of 9.0% on the 2017 price, before the service charge of about AED 6,400 a year.

Sales and rents for 409 over time

Rents
Unit 409, each contractTypical studio in Al Thamam 07
20K40K2016201920222025Typical rent by year: 2016 AED 43,000; 2017 AED 38,000; 2019 AED 25,000; 2020 AED 22,000; 2021 AED 21,500; 2022 AED 23,500; 2023 AED 26,800; 2024 AED 33,000; 2025 AED 33,264; 2026 AED 37,500New contract, September 2017: AED 36,000 a yearRenewal, September 2018: AED 35,000 a yearNew contract, October 2019: AED 25,000 a yearRenewal, October 2020: AED 20,000 a yearRenewal, October 2021: AED 20,000 a yearNew contract, January 2023: AED 26,000 a yearRenewal, January 2024: AED 33,000 a yearRenewal, January 2025: AED 34,650 a yearRenewal, January 2025: AED 34,650 a yearRenewal, January 2026: AED 39,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Al Thamam 07, and where 409 sits

All 5 studios →

Over the last 12 months studios sold for AED 470,000, around AED 1,171 per sqft, and rent for AED 35,066 to 46,000 a year. 409's AED 39,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
5 Feb 2026470,000
10 Jun 2025399,000
28 Jun 2024380,000
14 Oct 2018400,000
1 studio sale in the last 12 months

Al Thamam 07

Building

55 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.

Typical price per sqft
AED 959
Typical sale
AED 955K
Typical rent
AED 57K /yr
Typical yield
8.3%
Al Thamam 07, Remraam: prices, sales and rents →

Other units on the 4th floor

All 55 units in Al Thamam 07
Value
4011-bedAED 375K · Mar 2023
4021-bedAED 455K · Jan 2021
4042-bedAED 760K · Feb 2024
4052-bedAED 1M · Oct 2025
4061-bedAED 840K · Jan 2026
4071-bedAED 444K · Jul 2020
4081-bedAED 390K · Jan 2020

409, Al Thamam 07 in numbers

  • Sold twice: first on 18 February 2015 for AED 412,390, last on 3 April 2017 for AED 435,000 (AED 1,084 per sqft).
  • Rented since September 2017 on 10 Ejari contracts. The rent fell from AED 36,000 to AED 20,000 in 2021 and recovered to AED 39,000 by January 2026.
  • At AED 39,000 a year the gross yield on the 2017 price is 9.0%, before a service charge of about AED 6,400 a year (AED 16.07 per sqft).
  • Studios in Al Thamam 07 sold for AED 470,000–470,000 in the 12 months to November 2026; the building's median across all types is AED 959 per sqft.

Source: Dubai Land Department. Updated 31 January 2026.

Questions about 409, Al Thamam 07

What did unit 409 last sell for?

AED 435,000 on 3 April 2017: AED 1,084 per sqft for 401 sqft. The unit has 2 registered sales; the first was AED 412,390 in February 2015.

What is the rent for unit 409?

AED 39,000 a year on the contract renewed on 31 January 2026. The previous contract, from January 2025, was AED 34,650; the unit has been rented since September 2017.

How big is unit 409?

401 sqft (37.3 sqm): a studio on the 4th floor of a 6-storey tower completed in 2011.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Thamam 07 sold for AED 470,000 to 470,000 in the last 12 months, around AED 1,171 per sqft.

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Mortgage on 409, Al Thamam 07

Starts from the last sale price (AED 435K, 3 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 435,000
Deposit, UAE resident (20%)
AED 87,000
Deposit, non-resident (40%)
AED 174,000
Monthly over 25 years at 3.7%
AED 1,780

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