409, 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 409, Al Thamam 15
What is 409 worth today?
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Source: Dubai Land Department. Updated 28 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 468 sqft
- Floor
- 4th of 5
- Parking
- G-65
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,500 /yr
- Last sold
- AED 500K · September 2014
- Building
- Al Thamam 15
About 409, Al Thamam 15
409 is a studio of 468 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 500,000, or AED 1,067 per sqft, 25% above the AED 854 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 28 August 2026, is AED 38,000 a year: a gross yield of 7.6% on the 2014 price, before the service charge of about AED 7,500 a year.
Sales and rents for 409 over time
409 has sold 3 times; the dashed line is the studio median of each year in the building.
Studios in Al Thamam 15, and where 409 sits
All 4 studios →409 last sold in September 2014 at AED 1,067 per sqft, 25% above what studios in Al Thamam 15 were fetching at the time (AED 854).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jul 20244 July 2024 | 468 sqft | 410,000 | 875 | ||
| 25 Feb 201925 February 2019 | 468 sqft | 350,000 | 747 | ||
| 16 May 201616 May 2016 | 468 sqft | 420,000 | 896 | ||
| 14 Apr 201514 April 2015 | 468 sqft | 440,000 | 939 |
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 | |
| 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, Al Thamam 15 in numbers
- Sold 3 times: first on 21 April 2009 for AED 412,014, last on 24 September 2014 for AED 500,000 (AED 1,067 per sqft).
- Rented since February 2015 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 20,000 in 2020 and recovered to AED 38,000 by August 2026.
- At AED 38,000 a year the gross yield on the 2014 price is 7.6%, before a service charge of about AED 7,500 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 28 August 2026.
Questions about 409, Al Thamam 15
What did unit 409 last sell for?
AED 500,000 on 24 September 2014: AED 1,067 per sqft for 468 sqft. The unit has 3 registered sales; the first was AED 412,014 in April 2009.
What is the rent for unit 409?
AED 38,000 a year on the contract signed on 28 August 2026. The previous contract, from November 2020, was AED 20,000; the unit has been rented since February 2015.
How big is unit 409?
468 sqft (43.5 sqm): a studio on the 4th floor of a 5-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 15
Starts from the last sale price (AED 500K, 24 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →