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1-bed · 665 sqftAl Thamam 22, Remraam · 4th floor · completed 2011

408, Al Thamam 22

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 24 May 2024
Last soldAED 525K24 May 2024
Current rentAED 45K /yr20 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Al Thamam 22

What is 408 worth today?

Last sold for AED 525,000 in 2024

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24 May 2024SoldReady
AED 525,000AED 789 per sqft
20 Mar 2024RentedRenewal
AED 45,000/yr12 months · AED 67 per sqft
20 Mar 2023RentedNew contract
AED 35,000/yr12 months · AED 52 per sqft
1 Dec 2021RentedNew contract
AED 28,000/yr12 months · AED 42 per sqft
20 Jul 2019RentedRenewal
AED 42,000/yr12 months · AED 63 per sqft
20 Jul 2018RentedRenewal
AED 49,000/yr12 months · AED 73 per sqft
20 Jul 2017RentedRenewal
AED 58,000/yr12 months · AED 87 per sqft
21 Jul 2016SoldReady
AED 615,000AED 924 per sqft

Source: Dubai Land Department. Updated 24 May 2024.

Key facts

Type
1-bed apartment
Size
665 sqft
Floor
4th of 5
Parking
G-64
Developer
Remraam
Completed
2011
Service charge
AED 10,700 /yr
Last sold
AED 525K · May 2024
Building
Al Thamam 22

About 408, Al Thamam 22

408 is a one-bedroom apartment of 665 sqft on the 4th floor of Al Thamam 22, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 24 May 2024 for AED 525,000, or AED 789 per sqft, 12% above the AED 704 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 20 March 2024, is AED 45,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 10,700 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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 609,553 (AED 916 per sqft)Sold, August 2013: AED 516,000 (AED 775 per sqft)Sold, July 2016: AED 615,000 (AED 924 per sqft)Sold, May 2024: AED 525,000 (AED 789 per sqft)

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

Rents
Unit 408, 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, March 2014: AED 40,000 a yearNew contract, March 2015: AED 40,000 a yearNew contract, July 2016: AED 58,000 a yearRenewal, July 2017: AED 58,000 a yearRenewal, July 2018: AED 49,000 a yearRenewal, July 2019: AED 42,000 a yearNew contract, December 2021: AED 28,000 a yearNew contract, March 2023: AED 35,000 a yearRenewal, March 2024: AED 45,000 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 408 sits

All 22 1-beds →

408 last sold in May 2024 at AED 789 per sqft, 12% above what one-beds in Al Thamam 22 were fetching at the time (AED 704). 408's AED 45,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Oct 2025540,000
5 Jul 2024550,000
19 Feb 2024485,000
18 Dec 2023550,000
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
4071-bedAED 550K · Dec 2023
1–7 of 8

408, Al Thamam 22 in numbers

  • Sold 4 times: first on 31 March 2009 for AED 609,553, last on 24 May 2024 for AED 525,000 (AED 789 per sqft).
  • Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 40,000 to AED 28,000 in 2021 and recovered to AED 45,000 by March 2024.
  • At AED 45,000 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 10,700 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 24 May 2024.

Questions about 408, Al Thamam 22

What did unit 408 last sell for?

AED 525,000 on 24 May 2024: AED 789 per sqft for 665 sqft. The unit has 4 registered sales; the first was AED 609,553 in March 2009.

What is the rent for unit 408?

AED 45,000 a year on the contract renewed on 20 March 2024. The previous contract, from March 2023, was AED 35,000; the unit has been rented since March 2014.

How big is unit 408?

665 sqft (61.8 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 22

Starts from the last sale price (AED 525K, 24 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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