409, 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 409, Al Thamam 14
What is 409 worth today?
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Source: Dubai Land Department. Updated 18 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,142 sqft
- Floor
- 4th of 6
- Parking
- G-106
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 18,400 /yr
- Last sold
- AED 812K · May 2009
- Building
- Al Thamam 14
About 409, Al Thamam 14
409 is a one-bedroom apartment of 1,142 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 812,456, or AED 711 per sqft, 22% below 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, signed on 18 September 2023, is AED 53,143 a year: a gross yield of 6.5% on the 2009 price, before the service charge of about AED 18,400 a year.
Sales and rents for 409 over time
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 409 sits
All 26 1-beds →409 last sold in May 2009 at AED 711 per sqft, 22% below what one-beds in Al Thamam 14 were fetching at the time (AED 914). 409's AED 53,143 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 May 200920 May 2009 | 675 sqft | 616,801 | 914 | ||
| 20 May 200920 May 2009 | 707 sqft | 636,669 | 900 | ||
| 20 May 200920 May 2009 | 675 sqft | 612,770 | 908 | ||
| 20 May 200920 May 2009 | 787 sqft | 722,017 | 917 |
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 | |
| 407 | 2-bed | 1,004 sqft | AED 892KAED 892,447 · May 2009May 2009 | 63,525 /yr | |
| 408 | 1-bed | 1,106 sqft | AED 777KAED 777,220 · May 2009May 2009 | 60,000 /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 |
409, Al Thamam 14 in numbers
- Sold once: by Remraam on 20 May 2009 for AED 812,456, or AED 711 per sqft.
- Rented since July 2017 on 7 Ejari contracts. The rent fell from AED 66,000 to AED 36,000 in 2021 and recovered to AED 53,143 by September 2023.
- At AED 53,143 a year the gross yield on the 2009 price is 6.5%, before a service charge of about AED 18,400 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 18 September 2023.
Questions about 409, Al Thamam 14
What did unit 409 last sell for?
AED 812,456 on 20 May 2009, sold by the developer: AED 711 per sqft for 1,142 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 53,143 a year on the contract signed on 18 September 2023. The previous contract, from June 2022, was AED 39,600; the unit has been rented since July 2017.
How big is unit 409?
1,142 sqft (106.1 sqm): a one-bedroom apartment on the 4th floor of a 6-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 14
Starts from the last sale price (AED 812K, 20 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 812,456
- Deposit, UAE resident (20%)
- AED 162,491
- Deposit, non-resident (40%)
- AED 324,982
- Monthly over 25 years at 3.7%
- AED 3,324
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →