407, 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.
Property timeline for 407, Al Thamam 14
What is 407 worth today?
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Source: Dubai Land Department. Updated 20 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,004 sqft
- Floor
- 4th of 6
- Parking
- G-108
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 16,100 /yr
- Last sold
- AED 892K · May 2009
- Building
- Al Thamam 14
About 407, Al Thamam 14
407 is a two-bedroom apartment of 1,004 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 892,447, or AED 889 per sqft, in line with the AED 901 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 20 November 2024, is AED 63,525 a year: a gross yield of 7.1% on the 2009 price, before the service charge of about AED 16,100 a year.
Sales and rents for 407 over time
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 14, and where 407 sits
All 22 2-beds →407 last sold in May 2009 at AED 889 per sqft, in line with what two-beds in Al Thamam 14 were fetching at the time (AED 901). 407's AED 63,525 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jun 20252 June 2025 | 1,667 sqft | 1,260,000 | 755 | ||
| 16 Apr 202516 April 2025 | 1,667 sqft | 1,150,000 | 689 | ||
| 24 Oct 202424 October 2024 | 1,667 sqft | 923,626 | 553 | ||
| 1 Oct 20241 October 2024 | 1,667 sqft | 923,626 | 553 |
Al Thamam 14
Building71 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%
Other units on the 4th floor
All 71 units in Al Thamam 14| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 494 sqft | AED 449KAED 448,958 · May 2009May 2009 | 40,000 /yr | |
| 402 | 1-bed | 1,143 sqft | AED 812KAED 812,456 · May 2009May 2009 | 45,738 /yr | |
| 403 | 1-bed | 1,105 sqft | AED 777KAED 777,220 · May 2009May 2009 | 42,350 /yr | |
| 404 | 2-bed | 1,004 sqft | AED 892KAED 892,447 · May 2009May 2009 | 64,433 /yr | |
| 405 | 1-bed | 675 sqft | AED 617KAED 616,801 · May 2009May 2009 | 47,407 /yr | |
| 406 | 1-bed | 675 sqft | AED 617KAED 616,801 · May 2009May 2009 | 43,010 /yr | |
| 408 | 1-bed | 1,106 sqft | AED 777KAED 777,220 · May 2009May 2009 | 60,000 /yr | |
| 409 | 1-bed | 1,142 sqft | AED 812KAED 812,456 · May 2009May 2009 | 53,143 /yr | |
| 410 | Studio | 494 sqft | AED 449KAED 448,958 · May 2009May 2009 | 45,000 /yr | |
| 411 | Studio | 405 sqft | AED 375KAED 375,000 · Oct 2024October 2024 | 32,761 /yr |
407, Al Thamam 14 in numbers
- Sold once: by Remraam on 20 May 2009 for AED 892,447, or AED 889 per sqft.
- Rented since August 2017 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2021 and recovered to AED 63,525 by November 2024.
- At AED 63,525 a year the gross yield on the 2009 price is 7.1%, before a service charge of about AED 16,100 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 20 November 2024.
Questions about 407, Al Thamam 14
What did unit 407 last sell for?
AED 892,447 on 20 May 2009, sold by the developer: AED 889 per sqft for 1,004 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 63,525 a year on the contract signed on 20 November 2024. The previous contract, from November 2023, was AED 57,906; the unit has been rented since August 2017.
How big is unit 407?
1,004 sqft (93.3 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2011.
What is unit 407 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 407, Al Thamam 14
Starts from the last sale price (AED 892K, 20 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 892,447
- Deposit, UAE resident (20%)
- AED 178,489
- Deposit, non-resident (40%)
- AED 356,979
- Monthly over 25 years at 3.7%
- AED 3,651
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →