Home
Dubai prices
About
Research
1-bed · 755 sqftAl Thamam 11, Remraam · 4th floor · completed 2011

403, 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.

Unit 403 · DLD and Ejari recordsUpdated 8 October 2023
Last soldAED 605K20 May 2009
Current rentAED 42K /yr8 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 403

Property timeline for 403, Al Thamam 11

What is 403 worth today?

Last sold for AED 605,297 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 Oct 2023RentedRenewal
AED 41,503/yr12 months · AED 55 per sqft
8 Oct 2022RentedRenewal
AED 37,625/yr12 months · AED 50 per sqft
8 Oct 2021RentedNew contract
AED 35,000/yr12 months · AED 46 per sqft
8 Oct 2020RentedNew contract
AED 35,000/yr12 months · AED 46 per sqft
15 May 2019RentedRenewal
AED 52,000/yr12 months · AED 69 per sqft
15 May 2018RentedRenewal
AED 57,000/yr12 months · AED 75 per sqft
15 May 2017RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft
20 May 2009Sold by developerOff-plan
AED 605,297AED 801 per sqft

Source: Dubai Land Department. Updated 8 October 2023.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
4th of 7
Parking
G-59
Developer
Remraam
Completed
2011
Service charge
AED 12,100 /yr
Last sold
AED 605K · May 2009
Building
Al Thamam 11

About 403, Al Thamam 11

403 is a one-bedroom apartment of 755 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 605,297, or AED 801 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 7 Ejari contracts. The current contract, renewed on 8 October 2023, is AED 41,503 a year: a gross yield of 6.9% on the 2009 price, before the service charge of about AED 12,100 a year.

Sales and rents for 403 over time

Rents
Unit 403, each contractTypical one-bed in Al Thamam 11
40K60K2017202020232026Typical rent by year: 2017 AED 57,000; 2018 AED 52,500; 2019 AED 44,920; 2020 AED 35,550; 2021 AED 31,500; 2022 AED 35,825; 2023 AED 39,710; 2024 AED 45,172; 2025 AED 47,002; 2026 AED 52,500New contract, May 2017: AED 60,000 a yearRenewal, May 2018: AED 57,000 a yearRenewal, May 2019: AED 52,000 a yearNew contract, October 2020: AED 35,000 a yearNew contract, October 2021: AED 35,000 a yearRenewal, October 2022: AED 37,625 a yearRenewal, October 2023: AED 41,503 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 11, and where 403 sits

All 29 1-beds →

403 last sold in May 2009 at AED 801 per sqft, 10% below what one-beds in Al Thamam 11 were fetching at the time (AED 886). 403's AED 41,503 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Dec 2015351,330
20 May 2009702,659
20 May 2009611,163
20 May 2009608,465
0 1-bed sales in the last 12 months

Al Thamam 11

Building

63 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 54K /yr
Typical yield
7.4%
Al Thamam 11, Remraam: prices, sales and rents →

Other units on the 4th floor

All 63 units in Al Thamam 11
Value
4011-bedAED 549K · May 2009
4021-bedAED 597K · May 2009
4042-bedAED 821K · May 2009
4052-bedAED 821K · May 2009
4061-bedAED 605K · May 2009
4071-bedAED 597K · May 2009
4081-bedAED 531K · May 2009
1–7 of 8

403, Al Thamam 11 in numbers

  • Sold once: by Remraam on 20 May 2009 for AED 605,297, or AED 801 per sqft.
  • Rented since May 2017 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 35,000 in 2021 and recovered to AED 41,503 by October 2023.
  • At AED 41,503 a year the gross yield on the 2009 price is 6.9%, before a service charge of about AED 12,100 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 8 October 2023.

Questions about 403, Al Thamam 11

What did unit 403 last sell for?

AED 605,297 on 20 May 2009, sold by the developer: AED 801 per sqft for 755 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 41,503 a year on the contract renewed on 8 October 2023. The previous contract, from October 2022, was AED 37,625; the unit has been rented since May 2017.

How big is unit 403?

755 sqft (70.1 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2011.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 403? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 403, Al Thamam 11

Starts from the last sale price (AED 605K, 20 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 605,297
Deposit, UAE resident (20%)
AED 121,059
Deposit, non-resident (40%)
AED 242,119
Monthly over 25 years at 3.7%
AED 2,476

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