405, Al Thamam 15
Sold prices and rental history: sold 3 times, last in September 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Al Thamam 15
What is 405 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,006 sqft
- Floor
- 4th of 5
- Parking
- G-61
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 16,200 /yr
- Last sold
- AED 1.05M · September 2014
- Building
- Al Thamam 15
About 405, Al Thamam 15
405 is a two-bedroom apartment of 1,006 sqft on the 4th floor of Al Thamam 15, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 24 September 2014 for AED 1,050,000, or AED 1,044 per sqft, 25% above the AED 834 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 64,287 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 16,200 a year.
Sales and rents for 405 over time
405 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 15, and where 405 sits
All 16 2-beds →405 last sold in September 2014 at AED 1,044 per sqft, 25% above what two-beds in Al Thamam 15 were fetching at the time (AED 834). Over the last 12 months two-beds sold for AED 955,000, around AED 949 per sqft, and rent for AED 64,287 to 100,000 a year. 405's AED 64,287 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Nov 202518 November 2025 | 1,006 sqft | 955,000 | 949 | ||
| 18 Nov 202418 November 2024 | 1,498 sqft | 1,065,000 | 710 | ||
| 1 Feb 20241 February 2024 | 1,498 sqft | 900,000 | 600 | ||
| 21 Sep 201621 September 2016 | 1,005 sqft | 900,000 | 895 |
Al Thamam 15
Building48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.
- Typical price per sqft
- AED 949
- Typical sale
- AED 955K
- Typical rent
- AED 64K /yr
- Typical yield
- 7.9%
Other units on the 4th floor
All 48 units in Al Thamam 15| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 689 sqft | AED 750KAED 750,000 · Sep 2014September 2014 | 55,000 /yr | |
| 402 | 1-bed | 758 sqft | AED 825KAED 825,000 · Sep 2014September 2014 | 42,735 /yr | |
| 403 | 1-bed | 758 sqft | AED 825KAED 825,000 · Sep 2014September 2014 | 50,000 /yr | |
| 404 | 2-bed | 1,006 sqft | AED 1.05MAED 1,050,000 · Sep 2014September 2014 | 64,479 /yr | |
| 406 | 1-bed | 758 sqft | AED 800KAED 800,000 · Sep 2014September 2014 | 59,000 /yr | |
| 407 | 1-bed | 758 sqft | AED 800KAED 800,000 · Sep 2014September 2014 | 60,000 /yr | |
| 408 | 1-bed | 665 sqft | AED 750KAED 750,000 · Sep 2014September 2014 | 30,000 /yr | |
| 409 | Studio | 468 sqft | AED 500KAED 500,000 · Sep 2014September 2014 | 38,000 /yr |
405, Al Thamam 15 in numbers
- Sold 3 times: first on 21 April 2009 for AED 871,673, last on 24 September 2014 for AED 1,050,000 (AED 1,044 per sqft).
- Rented since November 2014 on 11 Ejari contracts. The rent fell from AED 79,000 to AED 44,000 in 2022 and recovered to AED 64,287 by February 2026.
- At AED 64,287 a year the gross yield on the 2014 price is 6.1%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).
- Two-beds in Al Thamam 15 sold for AED 955,000–955,000 in the 12 months to November 2026; the building's median across all types is AED 949 per sqft.
Source: Dubai Land Department. Updated 1 February 2026.
Questions about 405, Al Thamam 15
What did unit 405 last sell for?
AED 1,050,000 on 24 September 2014: AED 1,044 per sqft for 1,006 sqft. The unit has 3 registered sales; the first was AED 871,673 in April 2009.
What is the rent for unit 405?
AED 64,287 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 70,000; the unit has been rented since November 2014.
How big is unit 405?
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 405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Thamam 15 sold for AED 955,000 to 955,000 in the last 12 months, around AED 949 per sqft.
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Mortgage on 405, Al Thamam 15
Starts from the last sale price (AED 1.05M, 24 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →