1-bed · 1,105 sqftAl Thamam 14, Remraam · 4th floor · completed 2011

403, Al Thamam 14

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 1 February 2023
Last soldAED 777K20 May 2009
Current rentAED 42K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Al Thamam 14

What is 403 worth today?

Last sold for AED 777,220 in 2009

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1 Feb 2023RentedRenewal
AED 42,350/yr12 months · AED 38 per sqft
1 Feb 2022RentedRenewal
AED 38,500/yr12 months · AED 35 per sqft
1 Feb 2021RentedNew contract
AED 38,500/yr12 months · AED 35 per sqft
1 Oct 2019RentedNew contract
AED 45,000/yr12 months · AED 41 per sqft
29 Jun 2018RentedRenewal
AED 66,000/yr12 months · AED 60 per sqft
29 Jun 2017RentedNew contract
AED 66,000/yr12 months · AED 60 per sqft
20 May 2009Sold by developerOff-plan
AED 777,220AED 703 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
1-bed apartment
Size
1,105 sqft
Floor
4th of 6
Parking
G-75
Developer
Remraam
Completed
2011
Service charge
AED 17,800 /yr
Last sold
AED 777K · May 2009
Building
Al Thamam 14

About 403, Al Thamam 14

403 is a one-bedroom apartment of 1,105 sqft on the 4th floor of Al Thamam 14, a 6-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 20 May 2009 for AED 777,220, or AED 703 per sqft, 23% below the AED 914 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 42,350 a year: a gross yield of 5.5% on the 2009 price, before the service charge of about AED 17,800 a year.

Sales and rents for 403 over time

Rents
Unit 403, each contractTypical one-bed in Al Thamam 14
40K60K2017202020232026Typical rent by year: 2017 AED 57,000; 2018 AED 50,000; 2019 AED 46,000; 2020 AED 38,000; 2021 AED 34,000; 2022 AED 36,000; 2023 AED 40,038; 2024 AED 43,560; 2025 AED 46,778; 2026 AED 55,000New contract, June 2017: AED 66,000 a yearRenewal, June 2018: AED 66,000 a yearNew contract, October 2019: AED 45,000 a yearNew contract, February 2021: AED 38,500 a yearRenewal, February 2022: AED 38,500 a yearRenewal, February 2023: AED 42,350 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 14, and where 403 sits

All 26 1-beds →

403 last sold in May 2009 at AED 703 per sqft, 23% below what one-beds in Al Thamam 14 were fetching at the time (AED 914). 403's AED 42,350 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 May 2009616,801
20 May 2009636,669
20 May 2009612,770
20 May 2009722,017
0 1-bed sales in the last 12 months

Al Thamam 14

Building

71 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 1,106
Typical sale
AED 1.64M
Typical rent
AED 60K /yr
Typical yield
6.1%
Al Thamam 14, Remraam: prices, sales and rents →

Other units on the 4th floor

All 71 units in Al Thamam 14
Value
401StudioAED 449K · May 2009
4021-bedAED 812K · May 2009
4042-bedAED 892K · May 2009
4051-bedAED 617K · May 2009
4061-bedAED 617K · May 2009
4072-bedAED 892K · May 2009
4081-bedAED 777K · May 2009
1–7 of 10

403, Al Thamam 14 in numbers

  • Sold once: by Remraam on 20 May 2009 for AED 777,220, or AED 703 per sqft.
  • Rented since June 2017 on 6 Ejari contracts, from AED 66,000 to AED 42,350 a year.
  • At AED 42,350 a year the gross yield on the 2009 price is 5.5%, before a service charge of about AED 17,800 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 1 February 2023.

Questions about 403, Al Thamam 14

What did unit 403 last sell for?

AED 777,220 on 20 May 2009, sold by the developer: AED 703 per sqft for 1,105 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 42,350 a year on the contract renewed on 1 February 2023. The previous contract, from February 2022, was AED 38,500; the unit has been rented since June 2017.

How big is unit 403?

1,105 sqft (102.7 sqm): a one-bedroom apartment on the 4th floor of a 6-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.

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Mortgage on 403, Al Thamam 14

Starts from the last sale price (AED 777K, 20 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 777,220
Deposit, UAE resident (20%)
AED 155,444
Deposit, non-resident (40%)
AED 310,888
Monthly over 25 years at 3.7%
AED 3,180

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