Studio · 493 sqftAl Thamam 16, Remraam · 4th floor · completed 2011

410, Al Thamam 16

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 410 · DLD and Ejari recordsUpdated 6 April 2024
Last soldAED 315K9 December 2022
Current rentAED 35K /yr6 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 410, Al Thamam 16

What is 410 worth today?

Last sold for AED 315,000 in 2022

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6 Apr 2024RentedRenewal
AED 35,000/yr12 months · AED 71 per sqft
6 Apr 2023RentedNew contract
AED 32,000/yr12 months · AED 65 per sqft
9 Dec 2022SoldReady
AED 315,000AED 638 per sqft
10 Apr 2021RentedNew contract
AED 23,000/yr12 months · AED 46 per sqft
1 Dec 2019RentedNew contract
AED 30,000/yr12 months · AED 61 per sqft
1 Aug 2014RentedNew contract
AED 46,000/yr12 months · AED 93 per sqft
13 Jul 2014Sold by developerReady
AED 489,000AED 991 per sqft

Source: Dubai Land Department. Updated 6 April 2024.

Key facts

Type
Studio apartment
Size
493 sqft
Floor
4th of 5
Parking
G-130
Developer
Remraam
Completed
2011
Service charge
AED 7,900 /yr
Last sold
AED 315K · December 2022
Building
Al Thamam 16

About 410, Al Thamam 16

410 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. It last sold on 9 December 2022 for AED 315,000, or AED 638 per sqft.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 6 April 2024, is AED 35,000 a year: a gross yield of 11.1% on the 2022 price, before the service charge of about AED 7,900 a year.

Sales and rents for 410 over time

Rents
Unit 410, each contractTypical studio in Al Thamam 16
20K40K2013201720212025Typical rent by year: 2013 AED 30,000; 2014 AED 39,500; 2015 AED 36,929; 2016 AED 45,000; 2017 AED 43,500; 2018 AED 42,000; 2019 AED 36,000; 2020 AED 26,000; 2021 AED 23,936; 2022 AED 25,500; 2023 AED 36,000; 2024 AED 39,000; 2025 AED 39,500; 2026 AED 39,000New contract, August 2014: AED 46,000 a yearNew contract, December 2019: AED 30,000 a yearNew contract, April 2021: AED 23,000 a yearNew contract, April 2023: AED 32,000 a yearRenewal, April 2024: AED 35,000 a year

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 410 sits

All 14 studios →

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. 410's AED 35,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Apr 2026495,000
17 Oct 2024400,000
22 Feb 2024415,000
26 Sep 2023377,000
1 studio sale 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
4031-bedAED 692K · Apr 2013
4042-bedAED 1.05M · May 2017
4051-bedAED 365K · Nov 2021
4061-bedAED 689K · Mar 2014
4072-bedAED 700K · Apr 2013
1–7 of 10

410, Al Thamam 16 in numbers

  • Sold twice: first on 13 July 2014 for AED 489,000, last on 9 December 2022 for AED 315,000 (AED 638 per sqft).
  • Rented since August 2014 on 5 Ejari contracts. The rent fell from AED 46,000 to AED 23,000 in 2021 and recovered to AED 35,000 by April 2024.
  • At AED 35,000 a year the gross yield on the 2022 price is 11.1%, 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 6 April 2024.

Questions about 410, Al Thamam 16

What did unit 410 last sell for?

AED 315,000 on 9 December 2022: AED 638 per sqft for 493 sqft. The unit has 2 registered sales; the first was AED 489,000 in July 2014.

What is the rent for unit 410?

AED 35,000 a year on the contract renewed on 6 April 2024. The previous contract, from April 2023, was AED 32,000; the unit has been rented since August 2014.

How big is unit 410?

493 sqft (45.8 sqm): a studio on the 4th floor of a 5-storey tower completed in 2011.

What is unit 410 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 410, Al Thamam 16

Starts from the last sale price (AED 315K, 9 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 315,000
Deposit, UAE resident (20%)
AED 63,000
Deposit, non-resident (40%)
AED 126,000
Monthly over 25 years at 3.7%
AED 1,289

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