408, Al Thamam 16
Sold prices and rental history: sold once, by the developer in April 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 408, Al Thamam 16
What is 408 worth today?
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Source: Dubai Land Department. Updated 10 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 764 sqft
- Floor
- 4th of 5
- Parking
- G-132
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,300 /yr
- Last sold
- AED 582K · April 2013
- Building
- Al Thamam 16
About 408, Al Thamam 16
408 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 582,160, or AED 761 per sqft, 15% below the AED 897 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 10 June 2026, is AED 62,000 a year: a gross yield of 10.7% on the 2013 price, before the service charge of about AED 12,300 a year.
Sales and rents for 408 over time
408 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 408 sits
All 24 1-beds →408 last sold in April 2013 at AED 761 per sqft, 15% below what one-beds in Al Thamam 16 were fetching at the time (AED 897). 408's AED 62,000 is in the upper 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 | |
| 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 | |
| 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 |
408, Al Thamam 16 in numbers
- Sold once: by Remraam on 30 April 2013 for AED 582,160, or AED 761 per sqft.
- Rented since October 2013 on 7 Ejari contracts. The rent fell from AED 48,000 to AED 36,000 in 2021 and recovered to AED 62,000 by June 2026.
- At AED 62,000 a year the gross yield on the 2013 price is 10.7%, before a service charge of about AED 12,300 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 10 June 2026.
Questions about 408, Al Thamam 16
What did unit 408 last sell for?
AED 582,160 on 30 April 2013, sold by the developer: AED 761 per sqft for 764 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 62,000 a year on the contract renewed on 10 June 2026. The previous contract, from June 2025, was AED 62,000; the unit has been rented since October 2013.
How big is unit 408?
764 sqft (71.0 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.
What is unit 408 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 408, Al Thamam 16
Starts from the last sale price (AED 582K, 30 April 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 582,160
- Deposit, UAE resident (20%)
- AED 116,432
- Deposit, non-resident (40%)
- AED 232,864
- Monthly over 25 years at 3.7%
- AED 2,382
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →