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1-bed · 758 sqftAl Thamam 22, Remraam · 4th floor · completed 2011

407, Al Thamam 22

Sold prices and rental history: sold 4 times, last in December 2023, and rented once, from January 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 18 December 2023
Last soldAED 550K18 December 2023
Current rentAED 59K /yr5 January 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Al Thamam 22

What is 407 worth today?

Last sold for AED 550,000 in 2023

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18 Dec 2023SoldReady
AED 550,000AED 725 per sqft
1 Aug 2016SoldReady
AED 725,000AED 956 per sqft
5 Jan 2015RentedNew contract
AED 59,000/yr12 months · AED 78 per sqft
4 Dec 2013SoldReady
AED 588,037AED 775 per sqft
31 Mar 2009Sold by developerOff-plan
AED 699,340AED 922 per sqft

Source: Dubai Land Department. Updated 18 December 2023.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
4th of 5
Parking
G-63
Developer
Remraam
Completed
2011
Service charge
AED 12,200 /yr
Last sold
AED 550K · December 2023
Building
Al Thamam 22

About 407, Al Thamam 22

407 is a one-bedroom apartment of 758 sqft on the 4th floor of Al Thamam 22, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 18 December 2023 for AED 550,000, or AED 725 per sqft, 71% above the AED 423 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 January 2015. The current contract, signed on 5 January 2015, is AED 59,000 a year: a gross yield of 10.7% on the 2023 price, before the service charge of about AED 12,200 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Al Thamam 22
600K800K20092013201720212025Typical sale price by year: 2009 AED 613,732; 2013 AED 599,510; 2014 AED 770,000; 2015 AED 556,430; 2016 AED 650,000; 2023 AED 500,000; 2024 AED 525,000Sold by developer, March 2009: AED 699,340 (AED 922 per sqft)Sold, December 2013: AED 588,037 (AED 775 per sqft)Sold, August 2016: AED 725,000 (AED 956 per sqft)Sold, December 2023: AED 550,000 (AED 725 per sqft)

407 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407, each contractTypical one-bed in Al Thamam 22
40K60K2013201720212025Typical rent by year: 2013 AED 40,000; 2014 AED 51,075; 2015 AED 59,000; 2016 AED 65,000; 2017 AED 54,500; 2018 AED 53,000; 2019 AED 42,500; 2020 AED 36,547; 2021 AED 34,000; 2022 AED 36,000; 2023 AED 40,000; 2024 AED 49,000; 2025 AED 55,000; 2026 AED 58,000New contract, January 2015: AED 59,000 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 22, and where 407 sits

All 22 1-beds →

407 last sold in December 2023 at AED 725 per sqft, 71% above what one-beds in Al Thamam 22 were fetching at the time (AED 423). 407's AED 59,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Oct 2025540,000
5 Jul 2024550,000
24 May 2024525,000
19 Feb 2024485,000
0 1-bed sales in the last 12 months

Al Thamam 22

Building

47 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%
Al Thamam 22, Remraam: prices, sales and rents →

Other units on the 4th floor

All 47 units in Al Thamam 22
Value
4011-bedAED 303K · May 2013
4021-bedAED 709K · Feb 2013
4031-bedAED 420K · Apr 2021
4042-bedAED 875K · Jul 2024
4052-bedAED 911K · Nov 2013
4061-bedAED 450K · Sep 2022
4081-bedAED 525K · May 2024
1–7 of 8

407, Al Thamam 22 in numbers

  • Sold 4 times: first on 31 March 2009 for AED 699,340, last on 18 December 2023 for AED 550,000 (AED 725 per sqft).
  • Rented since January 2015 on one Ejari contract, at AED 59,000 a year.
  • At AED 59,000 a year the gross yield on the 2023 price is 10.7%, before a service charge of about AED 12,200 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 18 December 2023.

Questions about 407, Al Thamam 22

What did unit 407 last sell for?

AED 550,000 on 18 December 2023: AED 725 per sqft for 758 sqft. The unit has 4 registered sales; the first was AED 699,340 in March 2009.

What is the rent for unit 407?

AED 59,000 a year on the contract signed on 5 January 2015.

How big is unit 407?

758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.

What is unit 407 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 407, Al Thamam 22

Starts from the last sale price (AED 550K, 18 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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