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2-bed · 1,006 sqftAl Thamam 12, Remraam · 4th floor · completed 2011

404, Al Thamam 12

Sold prices and rental history: sold 3 times, last in July 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 13 October 2019
Last soldAED 850K30 July 2018
Current rentAED 65K /yr13 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 404, Al Thamam 12

What is 404 worth today?

Last sold for AED 850,000 in 2018

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13 Oct 2019RentedRenewal
AED 65,000/yr12 months · AED 65 per sqft
13 Aug 2018RentedNew contract
AED 84,000/yr14 months · AED 84 per sqft
30 Jul 2018SoldReady
AED 850,000AED 845 per sqft
13 Aug 2017RentedNew contract
AED 78,000/yr12 months · AED 78 per sqft
1 Aug 2016RentedRenewal
AED 85,000/yr12 months · AED 85 per sqft
1 Aug 2015RentedNew contract
AED 85,000/yr12 months · AED 85 per sqft
1 Mar 2014RentedNew contract
AED 55,000/yr12 months · AED 55 per sqft
1 Mar 2013RentedNew contract
AED 55,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 13 October 2019.

Key facts

Type
2-bed apartment
Size
1,006 sqft
Floor
4th of 5
Parking
G-101
Developer
Remraam
Completed
2011
Service charge
AED 16,200 /yr
Last sold
AED 850K · July 2018
Building
Al Thamam 12

About 404, Al Thamam 12

404 is a two-bedroom apartment of 1,006 sqft on the 4th floor of Al Thamam 12, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 30 July 2018 for AED 850,000, or AED 845 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 13 October 2019, is AED 65,000 a year: a gross yield of 7.6% on the 2018 price, before the service charge of about AED 16,200 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Al Thamam 12
900K2009201220152018Typical sale price by year: 2009 AED 949,569; 2011 AED 889,958; 2013 AED 889,958; 2014 AED 877,767; 2015 AED 962,285Sold by developer, September 2011: AED 889,958 (AED 885 per sqft)Sold, January 2013: AED 889,958 (AED 885 per sqft)Sold, July 2018: AED 850,000 (AED 845 per sqft)

404 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 404, each contractTypical two-bed in Al Thamam 12
60K80K2013201720212025Typical rent by year: 2013 AED 65,000; 2014 AED 65,000; 2015 AED 80,000; 2016 AED 79,688; 2017 AED 78,000; 2018 AED 74,250; 2019 AED 69,000; 2020 AED 50,000; 2021 AED 52,000; 2022 AED 55,000; 2023 AED 57,750; 2024 AED 65,214; 2025 AED 75,000; 2026 AED 82,000New contract, March 2013: AED 55,000 a yearNew contract, March 2014: AED 55,000 a yearNew contract, August 2015: AED 85,000 a yearRenewal, August 2016: AED 85,000 a yearNew contract, August 2017: AED 78,000 a yearNew contract, August 2018: AED 84,000 a yearRenewal, October 2019: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Al Thamam 12, and where 404 sits

All 15 2-beds →

404's AED 65,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jan 20251,200,000
15 May 20241,070,000
4 Mar 20241,050,000
27 Jul 2023720,000
0 2-bed sales in the last 12 months

Al Thamam 12

Building

47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.

Typical price per sqft
AED 848
Typical sale
AED 700K
Typical rent
AED 61K /yr
Typical yield
8.3%
Al Thamam 12, Remraam: prices, sales and rents →

Other units on the 4th floor

All 47 units in Al Thamam 12
Value
4011-bedAED 635K · Feb 2017
4021-bedAED 520K · May 2019
4031-bedAED 765K · Sep 2026
4061-bedAED 375K · Oct 2020
4071-bedAED 740K · Oct 2025
4081-bedAED 640K · Nov 2025
409StudioAED 410K · Mar 2025

404, Al Thamam 12 in numbers

  • Sold 3 times: first on 13 September 2011 for AED 889,958, last on 30 July 2018 for AED 850,000 (AED 845 per sqft).
  • Rented since March 2013 on 7 Ejari contracts, from AED 55,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2018 price is 7.6%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 13 October 2019.

Questions about 404, Al Thamam 12

What did unit 404 last sell for?

AED 850,000 on 30 July 2018: AED 845 per sqft for 1,006 sqft. The unit has 3 registered sales; the first was AED 889,958 in September 2011.

What is the rent for unit 404?

AED 65,000 a year on the contract renewed on 13 October 2019. The previous contract, from August 2018, was AED 84,000; the unit has been rented since March 2013.

How big is unit 404?

1,006 sqft (93.5 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.

What is unit 404 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 404, Al Thamam 12

Starts from the last sale price (AED 850K, 30 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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