406, Al Thamam 16
Sold prices and rental history: sold once, by the developer in March 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 16
What is 406 worth today?
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Source: Dubai Land Department. Updated 31 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 675 sqft
- Floor
- 4th of 5
- Parking
- G-134
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,800 /yr
- Last sold
- AED 689K · March 2014
- Building
- Al Thamam 16
About 406, Al Thamam 16
406 is a one-bedroom apartment of 675 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 March 2014 for AED 689,490, or AED 1,022 per sqft, 13% above the AED 905 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 13 Ejari contracts. The current contract, renewed on 31 March 2026, is AED 50,820 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 10,800 a year.
Sales and rents for 406 over time
406 has sold once; 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 16, and where 406 sits
All 24 1-beds →406 last sold in March 2014 at AED 1,022 per sqft, 13% above what one-beds in Al Thamam 16 were fetching at the time (AED 905). 406's AED 50,820 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jan 20257 January 2025 | 1,140 sqft | 750,000 | 658 | ||
| 6 Dec 20246 December 2024 | 783 sqft | 680,000 | 868 | ||
| 11 Nov 202411 November 2024 | 670 sqft | 510,000 | 760 | ||
| 2 Oct 20242 October 2024 | 989 sqft | 670,000 | 677 |
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 | |||||
|---|---|---|---|---|---|
| 401 | Studio | 493 sqft | AED 489KAED 489,000 · Mar 2013March 2013 | 36,000 /yr | |
| 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 | |
| 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 |
406, Al Thamam 16 in numbers
- Sold once: by Remraam on 30 March 2014 for AED 689,490, or AED 1,022 per sqft.
- Rented since October 2016 on 13 Ejari contracts. The rent fell from AED 55,000 to AED 30,000 in 2021 and recovered to AED 50,820 by March 2026.
- At AED 50,820 a year the gross yield on the 2014 price is 7.4%, before a service charge of about AED 10,800 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 31 March 2026.
Questions about 406, Al Thamam 16
What did unit 406 last sell for?
AED 689,490 on 30 March 2014, sold by the developer: AED 1,022 per sqft for 675 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 50,820 a year on the contract renewed on 31 March 2026. The previous contract, from March 2025, was AED 46,200; the unit has been rented since October 2016.
How big is unit 406?
675 sqft (62.7 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 16
Starts from the last sale price (AED 689K, 30 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 689,490
- Deposit, UAE resident (20%)
- AED 137,898
- Deposit, non-resident (40%)
- AED 275,796
- Monthly over 25 years at 3.7%
- AED 2,821
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →