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1-bed · 768 sqftAl Thamam 18, Remraam · 4th floor · completed 2011

409, Al Thamam 18

Sold prices and rental history: sold 5 times, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 13 December 2023
Last soldAED 495K13 December 2023
Current rentAED 39K /yr13 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 409, Al Thamam 18

What is 409 worth today?

Last sold for AED 495,000 in 2023

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13 Dec 2023SoldReady
AED 495,000AED 644 per sqft
13 Dec 2023RentedNew contract
AED 38,580/yr13 months · AED 50 per sqft
18 Oct 2021RentedRenewal
AED 32,000/yr12 months · AED 42 per sqft
18 Oct 2020RentedNew contract
AED 32,000/yr12 months · AED 42 per sqft
10 Sep 2019RentedNew contract
AED 43,000/yr12 months · AED 56 per sqft
4 Aug 2019SoldReady
AED 500,000AED 650 per sqft
5 Nov 2015SoldReady
AED 700,000AED 910 per sqft
1 Jul 2014RentedNew contract
AED 45,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 13 December 2023.

Key facts

Type
1-bed apartment
Size
768 sqft
Floor
4th of 5
Parking
G-106
Developer
Remraam
Completed
2011
Service charge
AED 12,300 /yr
Last sold
AED 495K · December 2023
Building
Al Thamam 18

About 409, Al Thamam 18

409 is a one-bedroom apartment of 768 sqft on the 4th floor of Al Thamam 18, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 13 December 2023 for AED 495,000, or AED 644 per sqft, 11% above the AED 579 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 13 December 2023, is AED 38,580 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 12,300 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Al Thamam 18
400K600K2009201320172021Typical sale price by year: 2009 AED 625,909; 2013 AED 596,400; 2014 AED 539,230; 2015 AED 542,748; 2023 AED 410,000Sold by developer, June 2009: AED 354,780 (AED 461 per sqft)Sold, December 2013: AED 342,571 (AED 445 per sqft)Sold, November 2015: AED 700,000 (AED 910 per sqft)Sold, August 2019: AED 500,000 (AED 650 per sqft)Sold, December 2023: AED 495,000 (AED 644 per sqft)

409 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 409, each contractTypical one-bed in Al Thamam 18
40K60K2013201720212025Typical rent by year: 2013 AED 45,000; 2014 AED 55,000; 2015 AED 56,000; 2016 AED 60,000; 2017 AED 57,500; 2018 AED 48,300; 2019 AED 45,000; 2020 AED 35,000; 2021 AED 33,000; 2022 AED 36,000; 2023 AED 40,000; 2024 AED 47,250; 2025 AED 54,000; 2026 AED 57,000New contract, July 2013: AED 45,000 a yearNew contract, July 2014: AED 45,000 a yearNew contract, September 2019: AED 43,000 a yearNew contract, October 2020: AED 32,000 a yearRenewal, October 2021: AED 32,000 a yearNew contract, December 2023: AED 38,580 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 18, and where 409 sits

All 24 1-beds →

409 last sold in December 2023 at AED 644 per sqft, 11% above what one-beds in Al Thamam 18 were fetching at the time (AED 579). 409's AED 38,580 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 2025700,000
6 Nov 2024540,000
25 Apr 2024490,000
26 Apr 2023410,000
0 1-bed sales in the last 12 months

Al Thamam 18

Building

58 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 961
Typical sale
AED 1.18M
Typical rent
AED 52K /yr
Typical yield
7.3%
Al Thamam 18, Remraam: prices, sales and rents →

Other units on the 4th floor

All 58 units in Al Thamam 18
Value
401StudioAED 382K · Apr 2013
4021-bedAED 420K · Sep 2021
4031-bedAED 385K · Mar 2015
4042-bedAED 950K · May 2025
4051-bedAED 385K · Jan 2023
4061-bedAED 523K · Dec 2013
4072-bedAED 900K · Mar 2009
1–7 of 10

409, Al Thamam 18 in numbers

  • Sold 5 times: first on 15 June 2009 for AED 354,780, last on 13 December 2023 for AED 495,000 (AED 644 per sqft).
  • Rented since July 2013 on 6 Ejari contracts. The rent fell from AED 45,000 to AED 32,000 in 2021 and recovered to AED 38,580 by December 2023.
  • At AED 38,580 a year the gross yield on the 2023 price is 7.8%, before a service charge of about AED 12,300 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 13 December 2023.

Questions about 409, Al Thamam 18

What did unit 409 last sell for?

AED 495,000 on 13 December 2023: AED 644 per sqft for 768 sqft. The unit has 5 registered sales; the first was AED 354,780 in June 2009.

What is the rent for unit 409?

AED 38,580 a year on the contract signed on 13 December 2023. The previous contract, from October 2021, was AED 32,000; the unit has been rented since July 2013.

How big is unit 409?

768 sqft (71.3 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.

What is unit 409 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 409, Al Thamam 18

Starts from the last sale price (AED 495K, 13 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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