406, Al Thamam 15
Sold prices and rental history: sold 3 times, last in September 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Al Thamam 15
What is 406 worth today?
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Source: Dubai Land Department. Updated 4 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 758 sqft
- Floor
- 4th of 5
- Parking
- G-62
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,200 /yr
- Last sold
- AED 800K · September 2014
- Building
- Al Thamam 15
About 406, Al Thamam 15
406 is a one-bedroom apartment of 758 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 800,000, or AED 1,055 per sqft, 23% above the AED 855 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 4 September 2026, is AED 59,000 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 12,200 a year.
Sales and rents for 406 over time
406 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 15, and where 406 sits
All 22 1-beds →406 last sold in September 2014 at AED 1,055 per sqft, 23% above what one-beds in Al Thamam 15 were fetching at the time (AED 855). 406's AED 59,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Apr 202528 April 2025 | 689 sqft | 600,000 | 870 | ||
| 26 Feb 202526 February 2025 | 689 sqft | 532,000 | 772 | ||
| 8 May 20238 May 2023 | 665 sqft | 393,000 | 590 | ||
| 28 Jul 202228 July 2022 | 777 sqft | 450,000 | 579 |
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 | |
| 405 | 2-bed | 1,006 sqft | AED 1.05MAED 1,050,000 · Sep 2014September 2014 | 64,287 /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 |
406, Al Thamam 15 in numbers
- Sold 3 times: first on 21 April 2009 for AED 671,275, last on 24 September 2014 for AED 800,000 (AED 1,055 per sqft).
- Rented since October 2016 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 33,000 in 2022 and recovered to AED 59,000 by September 2026.
- At AED 59,000 a year the gross yield on the 2014 price is 7.4%, before a service charge of about AED 12,200 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 4 September 2026.
Questions about 406, Al Thamam 15
What did unit 406 last sell for?
AED 800,000 on 24 September 2014: AED 1,055 per sqft for 758 sqft. The unit has 3 registered sales; the first was AED 671,275 in April 2009.
What is the rent for unit 406?
AED 59,000 a year on the contract signed on 4 September 2026. The previous contract, from August 2025, was AED 43,832; the unit has been rented since October 2016.
How big is unit 406?
758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 5-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 15
Starts from the last sale price (AED 800K, 24 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →