409, Al Thamam 08
Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Al Thamam 08
What is 409 worth today?
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Source: Dubai Land Department. Updated 2 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,143 sqft
- Floor
- 4th of 6
- Parking
- G-131
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 18,400 /yr
- Last sold
- AED 775K · December 2013
- Building
- Al Thamam 08
About 409, Al Thamam 08
409 is a one-bedroom apartment of 1,143 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 775,279, or AED 678 per sqft, in line with the AED 678 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 2 March 2024, is AED 62,000 a year: a gross yield of 8.0% on the 2013 price, before the service charge of about AED 18,400 a year.
Sales and rents for 409 over time
409 has sold twice; the dashed line is the one-bed median of each year in the building.
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 08, and where 409 sits
All 26 1-beds →409 last sold in December 2013 at AED 678 per sqft, in line with what one-beds in Al Thamam 08 were fetching at the time (AED 678). Over the last 12 months one-beds sold for AED 620,000 to 775,000, around AED 968 per sqft, and rent for AED 45,726 to 75,000 a year. 409's AED 62,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 787 sqft | 775,000 | 985 | ||
| 13 Apr 202613 April 2026 | 675 sqft | 655,000 | 970 | ||
| 16 Mar 202616 March 2026 | 787 sqft | 760,000 | 966 | ||
| 29 Dec 202529 December 2025 | 670 sqft | 620,000 | 925 |
Al Thamam 08
Building71 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%
Other units on the 4th floor
All 71 units in Al Thamam 08| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 494 sqft | AED 428KAED 428,417 · Dec 2013December 2013 | 32,890 /yr | |
| 402 | 1-bed | 1,142 sqft | AED 775KAED 775,279 · Dec 2013December 2013 | 50,400 /yr | |
| 403 | 1-bed | 1,106 sqft | AED 742KAED 741,656 · Dec 2013December 2013 | 42,000 /yr | |
| 404 | 2-bed | 1,004 sqft | AED 851KAED 851,326 · Dec 2013December 2013 | 45,000 /yr | |
| 405 | 1-bed | 675 sqft | AED 589KAED 588,582 · Dec 2013December 2013 | 42,000 /yr | |
| 406 | 1-bed | 675 sqft | AED 589KAED 588,581 · Dec 2013December 2013 | 42,000 /yr | |
| 407 | 2-bed | 1,004 sqft | AED 851KAED 851,326 · Dec 2013December 2013 | 42,000 /yr | |
| 408 | 1-bed | 1,105 sqft | AED 742KAED 741,656 · Dec 2013December 2013 | 70,000 /yr | |
| 410 | Studio | 494 sqft | AED 428KAED 428,417 · Dec 2013December 2013 | 34,650 /yr | |
| 411 | Studio | 405 sqft | AED 352KAED 352,268 · Dec 2013December 2013 | 20,000 /yr |
409, Al Thamam 08 in numbers
- Sold twice: first on 10 April 2009 for AED 775,281, last on 26 December 2013 for AED 775,279 (AED 678 per sqft).
- Rented since October 2017 on 4 Ejari contracts. The rent fell from AED 66,000 to AED 45,000 in 2023 and recovered to AED 62,000 by March 2024.
- At AED 62,000 a year the gross yield on the 2013 price is 8.0%, before a service charge of about AED 18,400 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 08 sold for AED 620,000–775,000 in the 12 months to November 2026; the building's median across all types is AED 968 per sqft.
Source: Dubai Land Department. Updated 2 March 2024.
Questions about 409, Al Thamam 08
What did unit 409 last sell for?
AED 775,279 on 26 December 2013: AED 678 per sqft for 1,143 sqft. The unit has 2 registered sales; the first was AED 775,281 in April 2009.
What is the rent for unit 409?
AED 62,000 a year on the contract signed on 2 March 2024. The previous contract, from February 2023, was AED 45,000; the unit has been rented since October 2017.
How big is unit 409?
1,143 sqft (106.2 sqm): a one-bedroom apartment 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. One-beds in Al Thamam 08 sold for AED 620,000 to 775,000 in the last 12 months, around AED 968 per sqft.
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Mortgage on 409, Al Thamam 08
Starts from the last sale price (AED 775K, 26 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 775,279
- Deposit, UAE resident (20%)
- AED 155,056
- Deposit, non-resident (40%)
- AED 310,112
- Monthly over 25 years at 3.7%
- AED 3,172
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →