401, Al Thamam 16
Sold prices and rental history: sold once, by the developer in March 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Al Thamam 16
What is 401 worth today?
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Source: Dubai Land Department. Updated 25 August 2023.
Key facts
- Type
- Studio apartment
- Size
- 493 sqft
- Floor
- 4th of 5
- Parking
- G-139
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,900 /yr
- Last sold
- AED 489K · March 2013
- Building
- Al Thamam 16
About 401, Al Thamam 16
401 is a studio of 493 sqft on the 4th floor of Al Thamam 16, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 20 March 2013 for AED 489,000, or AED 991 per sqft, in line with the AED 984 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 25 August 2023, is AED 36,000 a year: a gross yield of 7.4% on the 2013 price, before the service charge of about AED 7,900 a year.
Sales and rents for 401 over time
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Thamam 16, and where 401 sits
All 14 studios →401 last sold in March 2013 at AED 991 per sqft, in line with what studios in Al Thamam 16 were fetching at the time (AED 984). Over the last 12 months studios sold for AED 495,000, around AED 1,221 per sqft, and rent for AED 31,185 to 54,000 a year. 401's AED 36,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Apr 20261 April 2026 | 405 sqft | 495,000 | 1,221 | ||
| 17 Oct 202417 October 2024 | 405 sqft | 400,000 | 987 | ||
| 22 Feb 202422 February 2024 | 493 sqft | 415,000 | 841 | ||
| 26 Sep 202326 September 2023 | 405 sqft | 377,000 | 930 |
Al Thamam 16
Building60 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,110
- Typical sale
- AED 795K
- Typical rent
- AED 60K /yr
- Typical yield
- 6.9%
Other units on the 4th floor
All 60 units in Al Thamam 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 768 sqft | AED 440KAED 440,000 · Feb 2023February 2023 | 60,000 /yr | |
| 403 | 1-bed | 764 sqft | AED 692KAED 691,935 · Apr 2013April 2013 | 40,000 /yr | |
| 404 | 2-bed | 996 sqft | AED 1.05MAED 1,050,000 · May 2017May 2017 | 90,000 /yr | |
| 405 | 1-bed | 675 sqft | AED 365KAED 365,000 · Nov 2021November 2021 | 64,000 /yr | |
| 406 | 1-bed | 675 sqft | AED 689KAED 689,490 · Mar 2014March 2014 | 50,820 /yr | |
| 407 | 2-bed | 996 sqft | AED 700KAED 700,000 · Apr 2013April 2013 | 65,000 /yr | |
| 408 | 1-bed | 764 sqft | AED 582KAED 582,160 · Apr 2013April 2013 | 62,000 /yr | |
| 409 | 1-bed | 768 sqft | AED 465KAED 465,000 · Jul 2023July 2023 | 38,000 /yr | |
| 410 | Studio | 493 sqft | AED 315KAED 315,000 · Dec 2022December 2022 | 35,000 /yr | |
| 411 | Studio | 405 sqft | AED 495KAED 495,000 · Apr 2026April 2026 | 31,878 /yr |
401, Al Thamam 16 in numbers
- Sold once: by Remraam on 20 March 2013 for AED 489,000, or AED 991 per sqft.
- Rented since July 2013 on 11 Ejari contracts, from AED 32,000 to AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2013 price is 7.4%, before a service charge of about AED 7,900 a year (AED 16.07 per sqft).
- Studios in Al Thamam 16 sold for AED 495,000–495,000 in the 12 months to November 2026; the building's median across all types is AED 1,110 per sqft.
Source: Dubai Land Department. Updated 25 August 2023.
Questions about 401, Al Thamam 16
What did unit 401 last sell for?
AED 489,000 on 20 March 2013, sold by the developer: AED 991 per sqft for 493 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 36,000 a year on the contract signed on 25 August 2023. The previous contract, from December 2021, was AED 39,600; the unit has been rented since July 2013.
How big is unit 401?
493 sqft (45.8 sqm): a studio on the 4th floor of a 5-storey tower completed in 2011.
What is unit 401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Thamam 16 sold for AED 495,000 to 495,000 in the last 12 months, around AED 1,221 per sqft.
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Mortgage on 401, Al Thamam 16
Starts from the last sale price (AED 489K, 20 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 489,000
- Deposit, UAE resident (20%)
- AED 97,800
- Deposit, non-resident (40%)
- AED 195,600
- Monthly over 25 years at 3.7%
- AED 2,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →