1-bed · 675 sqftAl Thamam 14, Remraam · 4th floor · completed 2011

406, 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 406 · DLD and Ejari recordsUpdated 14 December 2024
Last soldAED 617K20 May 2009
Current rentAED 43K /yr14 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Al Thamam 14

What is 406 worth today?

Last sold for AED 616,801 in 2009

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14 Dec 2024RentedRenewal
AED 43,010/yr12 months · AED 64 per sqft
14 Dec 2024RentedRenewal
AED 43,010/yr12 months · AED 64 per sqft
15 Dec 2023RentedRenewal
AED 39,209/yr12 months · AED 58 per sqft
15 Dec 2022RentedNew contract
AED 34,000/yr12 months · AED 50 per sqft
12 Mar 2020RentedNew contract
AED 35,000/yr12 months · AED 52 per sqft
12 Oct 2018RentedNew contract
AED 45,000/yr12 months · AED 67 per sqft
2 Jul 2017RentedNew contract
AED 57,000/yr12 months · AED 84 per sqft
20 May 2009Sold by developerOff-plan
AED 616,801AED 914 per sqft

Source: Dubai Land Department. Updated 14 December 2024.

Key facts

Type
1-bed apartment
Size
675 sqft
Floor
4th of 6
Parking
G-109
Developer
Remraam
Completed
2011
Service charge
AED 10,800 /yr
Last sold
AED 617K · May 2009
Building
Al Thamam 14

About 406, Al Thamam 14

406 is a one-bedroom apartment of 675 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 616,801, or AED 914 per sqft, in line with the AED 914 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 14 December 2024, is AED 43,010 a year: a gross yield of 7.0% on the 2009 price, before the service charge of about AED 10,800 a year.

Sales and rents for 406 over time

Rents
Unit 406, 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, July 2017: AED 57,000 a yearNew contract, October 2018: AED 45,000 a yearNew contract, March 2020: AED 35,000 a yearNew contract, December 2022: AED 34,000 a yearRenewal, December 2023: AED 39,209 a yearRenewal, December 2024: AED 43,010 a yearRenewal, December 2024: AED 43,010 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 406 sits

All 26 1-beds →

406 last sold in May 2009 at AED 914 per sqft, in line with what one-beds in Al Thamam 14 were fetching at the time (AED 914). 406's AED 43,010 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
4031-bedAED 777K · May 2009
4042-bedAED 892K · May 2009
4051-bedAED 617K · May 2009
4072-bedAED 892K · May 2009
4081-bedAED 777K · May 2009
1–7 of 10

406, Al Thamam 14 in numbers

  • Sold once: by Remraam on 20 May 2009 for AED 616,801, or AED 914 per sqft.
  • Rented since July 2017 on 7 Ejari contracts. The rent fell from AED 57,000 to AED 34,000 in 2022 and recovered to AED 43,010 by December 2024.
  • At AED 43,010 a year the gross yield on the 2009 price is 7.0%, before a service charge of about AED 10,800 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 14 December 2024.

Questions about 406, Al Thamam 14

What did unit 406 last sell for?

AED 616,801 on 20 May 2009, sold by the developer: AED 914 per sqft for 675 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 43,010 a year on the contract renewed on 14 December 2024. The previous contract, from December 2024, was AED 43,010; the unit has been rented since July 2017.

How big is unit 406?

675 sqft (62.7 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2011.

What is unit 406 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 406, Al Thamam 14

Starts from the last sale price (AED 617K, 20 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 616,801
Deposit, UAE resident (20%)
AED 123,360
Deposit, non-resident (40%)
AED 246,720
Monthly over 25 years at 3.7%
AED 2,524

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