404, Al Thamam 22
Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Al Thamam 22
What is 404 worth today?
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Source: Dubai Land Department. Updated 11 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,006 sqft
- Floor
- 4th of 5
- Parking
- G-60
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 16,200 /yr
- Last sold
- AED 875K · July 2024
- Building
- Al Thamam 22
About 404, Al Thamam 22
404 is a two-bedroom apartment of 1,006 sqft on the 4th floor of Al Thamam 22, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 11 July 2024 for AED 875,000, or AED 870 per sqft, 12% above the AED 774 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 November 2023, is AED 60,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 16,200 a year.
Sales and rents for 404 over time
404 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Thamam 22, and where 404 sits
All 16 2-beds →404 last sold in July 2024 at AED 870 per sqft, 12% above what two-beds in Al Thamam 22 were fetching at the time (AED 774). Over the last 12 months two-beds sold for AED 1,050,000, around AED 1,044 per sqft, and rent for AED 65,412 to 90,000 a year. 404's AED 60,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 1,006 sqft | 1,050,000 | 1,044 | ||
| 23 Jun 202523 June 2025 | 1,006 sqft | 875,000 | 870 | ||
| 3 Apr 20243 April 2024 | 1,005 sqft | 850,000 | 845 | ||
| 26 Sep 202326 September 2023 | 1,498 sqft | 850,000 | 567 |
Al Thamam 22
Building47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,044
- Typical sale
- AED 1.05M
- Typical rent
- AED 60K /yr
- Typical yield
- 7.6%
Other units on the 4th floor
All 47 units in Al Thamam 22| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 689 sqft | AED 303KAED 302,940 · May 2013May 2013 | 52,000 /yr | |
| 402 | 1-bed | 758 sqft | AED 709KAED 708,558 · Feb 2013February 2013 | 47,916 /yr | |
| 403 | 1-bed | 758 sqft | AED 420KAED 420,000 · Apr 2021April 2021 | 51,500 /yr | |
| 405 | 2-bed | 1,006 sqft | AED 911KAED 910,659 · Nov 2013November 2013 | 72,000 /yr | |
| 406 | 1-bed | 758 sqft | AED 450KAED 450,000 · Sep 2022September 2022 | 64,000 /yr | |
| 407 | 1-bed | 758 sqft | AED 550KAED 550,000 · Dec 2023December 2023 | 59,000 /yr | |
| 408 | 1-bed | 665 sqft | AED 525KAED 525,000 · May 2024May 2024 | 45,000 /yr | |
| 409 | Studio | 468 sqft | AED 363KAED 363,423 · Dec 2013December 2013 | 45,000 /yr |
404, Al Thamam 22 in numbers
- Sold 3 times: first on 21 April 2009 for AED 951,663, last on 11 July 2024 for AED 875,000 (AED 870 per sqft).
- Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 45,000 in 2020 and recovered to AED 60,000 by November 2023.
- At AED 60,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).
- Two-beds in Al Thamam 22 sold for AED 1,050,000–1,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,044 per sqft.
Source: Dubai Land Department. Updated 11 July 2024.
Questions about 404, Al Thamam 22
What did unit 404 last sell for?
AED 875,000 on 11 July 2024: AED 870 per sqft for 1,006 sqft. The unit has 3 registered sales; the first was AED 951,663 in April 2009.
What is the rent for unit 404?
AED 60,000 a year on the contract signed on 1 November 2023. The previous contract, from November 2022, was AED 55,000; the unit has been rented since September 2017.
How big is unit 404?
1,006 sqft (93.5 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.
What is unit 404 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Thamam 22 sold for AED 1,050,000 to 1,050,000 in the last 12 months, around AED 1,044 per sqft.
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Mortgage on 404, Al Thamam 22
Starts from the last sale price (AED 875K, 11 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 875,000
- Deposit, UAE resident (20%)
- AED 175,000
- Deposit, non-resident (40%)
- AED 350,000
- Monthly over 25 years at 3.7%
- AED 3,580
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →