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1-bed · 764 sqftAl Thamam 16, Remraam · 4th floor · completed 2011

403, Al Thamam 16

Sold prices and rental history: sold once, by the developer in April 2013, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 5 August 2022
Last soldAED 692K30 April 2013
Current rentAED 40K /yr5 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 403, Al Thamam 16

What is 403 worth today?

Last sold for AED 691,935 in 2013

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5 Aug 2022RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
2 Jan 2022RentedNew contract
AED 36,000/yr12 months · AED 47 per sqft
30 Apr 2013Sold by developerReady
AED 691,935AED 905 per sqft

Source: Dubai Land Department. Updated 5 August 2022.

Key facts

Type
1-bed apartment
Size
764 sqft
Floor
4th of 5
Parking
G-137
Developer
Remraam
Completed
2011
Service charge
AED 12,300 /yr
Last sold
AED 692K · April 2013
Building
Al Thamam 16

About 403, Al Thamam 16

403 is a one-bedroom apartment of 764 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 30 April 2013 for AED 691,935, or AED 905 per sqft, in line with the AED 897 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 5 August 2022, is AED 40,000 a year: a gross yield of 5.8% on the 2013 price, before the service charge of about AED 12,300 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical one-bed in Al Thamam 16
400K600K800K2012201620202024Typical sale price by year: 2012 AED 634,375; 2013 AED 689,490; 2014 AED 788,515; 2021 AED 370,000; 2022 AED 420,000; 2023 AED 465,000; 2024 AED 590,000Sold by developer, April 2013: AED 691,935 (AED 905 per sqft)

403 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 403, each contractTypical one-bed in Al Thamam 16
40K60K2013201720212025Typical rent by year: 2013 AED 41,000; 2014 AED 54,000; 2015 AED 57,426; 2016 AED 63,500; 2017 AED 60,000; 2018 AED 56,000; 2019 AED 47,500; 2020 AED 40,000; 2021 AED 34,000; 2022 AED 36,500; 2023 AED 40,000; 2024 AED 46,000; 2025 AED 55,000; 2026 AED 60,000New contract, January 2022: AED 36,000 a yearNew contract, August 2022: AED 40,000 a year

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 16, and where 403 sits

All 24 1-beds →

403 last sold in April 2013 at AED 905 per sqft, in line with what one-beds in Al Thamam 16 were fetching at the time (AED 897). 403's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Jan 2025750,000
6 Dec 2024680,000
11 Nov 2024510,000
2 Oct 2024670,000
0 1-bed sales in the last 12 months

Al Thamam 16

Building

60 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%
Al Thamam 16, Remraam: prices, sales and rents →

Other units on the 4th floor

All 60 units in Al Thamam 16
Value
401StudioAED 489K · Mar 2013
4021-bedAED 440K · Feb 2023
4042-bedAED 1.05M · May 2017
4051-bedAED 365K · Nov 2021
4061-bedAED 689K · Mar 2014
4072-bedAED 700K · Apr 2013
4081-bedAED 582K · Apr 2013
1–7 of 10

403, Al Thamam 16 in numbers

  • Sold once: by Remraam on 30 April 2013 for AED 691,935, or AED 905 per sqft.
  • Rented since January 2022 on 2 Ejari contracts, from AED 36,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2013 price is 5.8%, before a service charge of about AED 12,300 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 5 August 2022.

Questions about 403, Al Thamam 16

What did unit 403 last sell for?

AED 691,935 on 30 April 2013, sold by the developer: AED 905 per sqft for 764 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 40,000 a year on the contract signed on 5 August 2022. The previous contract, from January 2022, was AED 36,000.

How big is unit 403?

764 sqft (71.0 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.

What is unit 403 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 403, Al Thamam 16

Starts from the last sale price (AED 692K, 30 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 691,935
Deposit, UAE resident (20%)
AED 138,387
Deposit, non-resident (40%)
AED 276,774
Monthly over 25 years at 3.7%
AED 2,831

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →