409, Al Thamam 11
Sold prices and rental history: sold 3 times, last in December 2024, 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 11
What is 409 worth today?
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Source: Dubai Land Department. Updated 1 March 2027.
Key facts
- Type
- Studio apartment
- Size
- 387 sqft
- Floor
- 4th of 7
- Parking
- G-65
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 6,200 /yr
- Last sold
- AED 385K · December 2024
- Building
- Al Thamam 11
About 409, Al Thamam 11
409 is a studio of 387 sqft on the 4th floor of Al Thamam 11, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 23 December 2024 for AED 385,000, or AED 994 per sqft, 17% above the AED 846 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 1 March 2027, is AED 40,000 a year: a gross yield of 10.4% on the 2024 price, before the service charge of about AED 6,200 a year.
Sales and rents for 409 over time
409 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Thamam 11, and where 409 sits
All 6 studios →409 last sold in December 2024 at AED 994 per sqft, 17% above what studios in Al Thamam 11 were fetching at the time (AED 846). 409's AED 40,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jan 202513 January 2025 | 387 sqft | 410,000 | 1,059 | ||
| 17 Oct 202417 October 2024 | 387 sqft | 330,000 | 852 | ||
| 9 Oct 20249 October 2024 | 387 sqft | 325,000 | 839 | ||
| 27 Sep 202327 September 2023 | 387 sqft | 320,000 | 826 |
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 54K /yr
- Typical yield
- 7.4%
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 | |
| 408 | 1-bed | 665 sqft | AED 531KAED 531,357 · May 2009May 2009 | 46,024 /yr |
409, Al Thamam 11 in numbers
- Sold 3 times: first on 20 May 2009 for AED 309,534, last on 23 December 2024 for AED 385,000 (AED 994 per sqft).
- Rented since July 2017 on 9 Ejari contracts. The rent fell from AED 38,000 to AED 20,000 in 2020 and recovered to AED 40,000 by March 2027.
- At AED 40,000 a year the gross yield on the 2024 price is 10.4%, before a service charge of about AED 6,200 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 1 March 2027.
Questions about 409, Al Thamam 11
What did unit 409 last sell for?
AED 385,000 on 23 December 2024: AED 994 per sqft for 387 sqft. The unit has 3 registered sales; the first was AED 309,534 in May 2009.
What is the rent for unit 409?
AED 40,000 a year on the contract renewed on 1 March 2027. The previous contract, from March 2026, was AED 40,000; the unit has been rented since July 2017.
How big is unit 409?
387 sqft (36.0 sqm): a studio on the 4th floor of a 7-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.
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Mortgage on 409, Al Thamam 11
Starts from the last sale price (AED 385K, 23 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 385,000
- Deposit, UAE resident (20%)
- AED 77,000
- Deposit, non-resident (40%)
- AED 154,000
- Monthly over 25 years at 3.7%
- AED 1,575
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →