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2-bed · 1,004 sqftAl Thamam 08, Remraam · 4th floor · completed 2011

407, Al Thamam 08

Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 5 April 2021
Last soldAED 851K26 December 2013
Current rentAED 42K /yr5 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Al Thamam 08

What is 407 worth today?

Last sold for AED 851,326 in 2013

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5 Apr 2021RentedNew contract
AED 42,000/yr12 months · AED 42 per sqft
1 Jan 2021RentedRenewal
AED 44,000/yr12 months · AED 44 per sqft
1 Jan 2020RentedRenewal
AED 55,000/yr12 months · AED 55 per sqft
1 Dec 2018RentedRenewal
AED 58,154/yr13 months · AED 58 per sqft
1 Dec 2017RentedRenewal
AED 69,000/yr12 months · AED 69 per sqft
1 Dec 2016RentedNew contract
AED 75,000/yr12 months · AED 75 per sqft
16 Jul 2015RentedNew contract
AED 80,000/yr12 months · AED 80 per sqft
17 Jul 2014RentedNew contract
AED 80,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 5 April 2021.

Key facts

Type
2-bed apartment
Size
1,004 sqft
Floor
4th of 6
Parking
G-133
Developer
Remraam
Completed
2011
Service charge
AED 16,100 /yr
Last sold
AED 851K · December 2013
Building
Al Thamam 08

About 407, Al Thamam 08

407 is a two-bedroom apartment of 1,004 sqft on the 4th floor of Al Thamam 08, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 26 December 2013 for AED 851,326, or AED 848 per sqft, in line with the AED 838 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 5 April 2021, is AED 42,000 a year: a gross yield of 4.9% on the 2013 price, before the service charge of about AED 16,100 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Al Thamam 08
500K750K1M2009201420192024Typical sale price by year: 2009 AED 540,457; 2011 AED 944,612; 2013 AED 876,051; 2021 AED 655,000; 2024 AED 889,672; 2025 AED 1,030,000Sold by developer, April 2009: AED 851,328 (AED 848 per sqft)Sold, December 2013: AED 851,326 (AED 848 per sqft)

407 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 407, each contractTypical two-bed in Al Thamam 08
50K75K100K2013201720212025Typical rent by year: 2013 AED 66,500; 2014 AED 72,000; 2015 AED 80,000; 2016 AED 80,000; 2017 AED 78,000; 2018 AED 75,000; 2019 AED 65,000; 2020 AED 54,000; 2021 AED 50,500; 2022 AED 55,650; 2023 AED 59,748; 2024 AED 64,276; 2025 AED 74,955; 2026 AED 95,000New contract, July 2014: AED 80,000 a yearNew contract, July 2015: AED 80,000 a yearNew contract, December 2016: AED 75,000 a yearRenewal, December 2017: AED 69,000 a yearRenewal, December 2018: AED 58,154 a yearRenewal, January 2020: AED 55,000 a yearRenewal, January 2021: AED 44,000 a yearNew contract, April 2021: AED 42,000 a year

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 08, and where 407 sits

All 22 2-beds →

407 last sold in December 2013 at AED 848 per sqft, in line with what two-beds in Al Thamam 08 were fetching at the time (AED 838). 407's AED 42,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 2025900,000
23 Jul 20251,000,000
21 Apr 20251,130,000
30 Jan 20251,060,000
0 2-bed sales in the last 12 months

Al Thamam 08

Building

71 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.

Typical price per sqft
AED 968
Typical sale
AED 708K
Typical rent
AED 50K /yr
Typical yield
7.3%
Al Thamam 08, Remraam: prices, sales and rents →

Other units on the 4th floor

All 71 units in Al Thamam 08
Value
401StudioAED 428K · Dec 2013
4021-bedAED 775K · Dec 2013
4031-bedAED 742K · Dec 2013
4042-bedAED 851K · Dec 2013
4051-bedAED 589K · Dec 2013
4061-bedAED 589K · Dec 2013
4081-bedAED 742K · Dec 2013
1–7 of 10

407, Al Thamam 08 in numbers

  • Sold twice: first on 10 April 2009 for AED 851,328, last on 26 December 2013 for AED 851,326 (AED 848 per sqft).
  • Rented since July 2014 on 8 Ejari contracts, from AED 80,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2013 price is 4.9%, before a service charge of about AED 16,100 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 5 April 2021.

Questions about 407, Al Thamam 08

What did unit 407 last sell for?

AED 851,326 on 26 December 2013: AED 848 per sqft for 1,004 sqft. The unit has 2 registered sales; the first was AED 851,328 in April 2009.

What is the rent for unit 407?

AED 42,000 a year on the contract signed on 5 April 2021. The previous contract, from January 2021, was AED 44,000; the unit has been rented since July 2014.

How big is unit 407?

1,004 sqft (93.3 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2011.

What is unit 407 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 407, Al Thamam 08

Starts from the last sale price (AED 851K, 26 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 851,326
Deposit, UAE resident (20%)
AED 170,265
Deposit, non-resident (40%)
AED 340,530
Monthly over 25 years at 3.7%
AED 3,483

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