407, Al Thamam 15
Sold prices and rental history: sold 3 times, last in September 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Al Thamam 15
What is 407 worth today?
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Source: Dubai Land Department. Updated 10 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 758 sqft
- Floor
- 4th of 5
- Parking
- G-63
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,200 /yr
- Last sold
- AED 800K · September 2014
- Building
- Al Thamam 15
About 407, Al Thamam 15
407 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 2015 on 11 Ejari contracts. The current contract, signed on 10 April 2026, is AED 60,000 a year: a gross yield of 7.5% on the 2014 price, before the service charge of about AED 12,200 a year.
Sales and rents for 407 over time
407 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 407 sits
All 22 1-beds →407 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). 407's AED 60,000 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 | |
| 406 | 1-bed | 758 sqft | AED 800KAED 800,000 · Sep 2014September 2014 | 59,000 /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 |
407, 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 January 2015 on 11 Ejari contracts. The rent fell from AED 61,000 to AED 31,000 in 2022 and recovered to AED 60,000 by April 2026.
- At AED 60,000 a year the gross yield on the 2014 price is 7.5%, before a service charge of about AED 12,200 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 10 April 2026.
Questions about 407, Al Thamam 15
What did unit 407 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 407?
AED 60,000 a year on the contract signed on 10 April 2026. The previous contract, from March 2025, was AED 43,120; the unit has been rented since January 2015.
How big is unit 407?
758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 5-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 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 →