401, Al Thamam 11
Sold prices and rental history: sold once, by the developer in May 2009, 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 401, Al Thamam 11
What is 401 worth today?
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Source: Dubai Land Department. Updated 14 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 689 sqft
- Floor
- 4th of 7
- Parking
- G-57
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,100 /yr
- Last sold
- AED 549K · May 2009
- Building
- Al Thamam 11
About 401, Al Thamam 11
401 is a one-bedroom apartment of 689 sqft on the 4th floor of Al Thamam 11, a 7-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 20 May 2009 for AED 549,263, or AED 797 per sqft, 10% below the AED 886 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 14 January 2025, is AED 50,400 a year: a gross yield of 9.2% on the 2009 price, before the service charge of about AED 11,100 a year.
Sales and rents for 401 over time
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 11, and where 401 sits
All 29 1-beds →401 last sold in May 2009 at AED 797 per sqft, 10% below what one-beds in Al Thamam 11 were fetching at the time (AED 886). 401's AED 50,400 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Dec 201529 December 2015 | 773 sqft | 351,330 | 454 | ||
| 20 May 200920 May 2009 | 773 sqft | 702,659 | 908 | ||
| 20 May 200920 May 2009 | 665 sqft | 611,163 | 918 | ||
| 20 May 200920 May 2009 | 689 sqft | 608,465 | 883 |
Al Thamam 11
Building63 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.
- Typical price per sqft
- AED 941
- Typical sale
- AED 1.45M
- Typical rent
- AED 55K /yr
- Typical yield
- 7.1%
Other units on the 4th floor
All 63 units in Al Thamam 11| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 755 sqft | AED 597KAED 597,193 · May 2009May 2009 | 56,000 /yr | |
| 403 | 1-bed | 755 sqft | AED 605KAED 605,297 · May 2009May 2009 | 41,503 /yr | |
| 404 | 2-bed | 1,009 sqft | AED 821KAED 820,701 · May 2009May 2009 | 63,888 /yr | |
| 405 | 2-bed | 1,009 sqft | AED 821KAED 820,701 · May 2009May 2009 | 62,618 /yr | |
| 406 | 1-bed | 755 sqft | AED 605KAED 605,297 · May 2009May 2009 | 48,000 /yr | |
| 407 | 1-bed | 755 sqft | AED 597KAED 597,193 · May 2009May 2009 | 45,738 /yr | |
| 408 | 1-bed | 665 sqft | AED 531KAED 531,357 · May 2009May 2009 | 46,024 /yr | |
| 409 | Studio | 387 sqft | AED 385KAED 385,000 · Dec 2024December 2024 | 40,000 /yr |
401, Al Thamam 11 in numbers
- Sold once: by Remraam on 20 May 2009 for AED 549,263, or AED 797 per sqft.
- Rented since May 2017 on 8 Ejari contracts. The rent fell from AED 56,000 to AED 34,000 in 2022 and recovered to AED 50,400 by January 2025.
- At AED 50,400 a year the gross yield on the 2009 price is 9.2%, before a service charge of about AED 11,100 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 14 January 2025.
Questions about 401, Al Thamam 11
What did unit 401 last sell for?
AED 549,263 on 20 May 2009, sold by the developer: AED 797 per sqft for 689 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 50,400 a year on the contract signed on 14 January 2025. The previous contract, from January 2024, was AED 48,129; the unit has been rented since May 2017.
How big is unit 401?
689 sqft (64.0 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2011.
What is unit 401 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 401, Al Thamam 11
Starts from the last sale price (AED 549K, 20 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 549,263
- Deposit, UAE resident (20%)
- AED 109,853
- Deposit, non-resident (40%)
- AED 219,705
- Monthly over 25 years at 3.7%
- AED 2,247
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →