408, 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 408, Al Thamam 11
What is 408 worth today?
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Source: Dubai Land Department. Updated 31 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 665 sqft
- Floor
- 4th of 7
- Parking
- G-64
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,700 /yr
- Last sold
- AED 531K · May 2009
- Building
- Al Thamam 11
About 408, Al Thamam 11
408 is a one-bedroom apartment of 665 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 531,357, or AED 798 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 10 Ejari contracts. The current contract, renewed on 31 August 2025, is AED 46,024 a year: a gross yield of 8.7% on the 2009 price, before the service charge of about AED 10,700 a year.
Sales and rents for 408 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 408 sits
All 29 1-beds →408 last sold in May 2009 at AED 798 per sqft, 10% below what one-beds in Al Thamam 11 were fetching at the time (AED 886). 408's AED 46,024 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 | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 689 sqft | AED 549KAED 549,263 · May 2009May 2009 | 50,400 /yr | |
| 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 | |
| 409 | Studio | 387 sqft | AED 385KAED 385,000 · Dec 2024December 2024 | 40,000 /yr |
408, Al Thamam 11 in numbers
- Sold once: by Remraam on 20 May 2009 for AED 531,357, or AED 798 per sqft.
- Rented since August 2017 on 10 Ejari contracts. The rent fell from AED 53,000 to AED 30,000 in 2021 and recovered to AED 46,024 by August 2025.
- At AED 46,024 a year the gross yield on the 2009 price is 8.7%, before a service charge of about AED 10,700 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 31 August 2025.
Questions about 408, Al Thamam 11
What did unit 408 last sell for?
AED 531,357 on 20 May 2009, sold by the developer: AED 798 per sqft for 665 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 46,024 a year on the contract renewed on 31 August 2025. The previous contract, from August 2024, was AED 41,745; the unit has been rented since August 2017.
How big is unit 408?
665 sqft (61.8 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2011.
What is unit 408 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 408, Al Thamam 11
Starts from the last sale price (AED 531K, 20 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 531,357
- Deposit, UAE resident (20%)
- AED 106,271
- Deposit, non-resident (40%)
- AED 212,543
- Monthly over 25 years at 3.7%
- AED 2,174
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →