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1-bed · 1,160 sqftAl Thamam 24, Remraam · 4th floor · completed 2011

402, Al Thamam 24

Sold prices and rental history: sold 4 times, last in November 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 30 November 2022
Last soldAED 495K30 November 2022
Current rentAED 40K /yr14 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, Al Thamam 24

What is 402 worth today?

Last sold for AED 495,000 in 2022

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30 Nov 2022SoldReady
AED 495,000AED 426 per sqft
14 Apr 2022RentedNew contract
AED 40,000/yr12 months · AED 34 per sqft
1 Jun 2021RentedRenewal
AED 40,000/yr12 months · AED 35 per sqft
1 Jun 2020RentedNew contract
AED 40,000/yr12 months · AED 34 per sqft
1 May 2019RentedNew contract
AED 54,000/yr12 months · AED 46 per sqft
1 May 2018RentedRenewal
AED 62,500/yr6 months · AED 54 per sqft
31 Oct 2017RentedNew contract
AED 61,475/yr6 months · AED 53 per sqft
20 Mar 2017SoldReady
AED 380,000AED 327 per sqft

Source: Dubai Land Department. Updated 30 November 2022.

Key facts

Type
1-bed apartment
Size
1,160 sqft
Floor
4th of 6
Parking
G-103
Developer
Remraam
Completed
2011
Service charge
AED 18,600 /yr
Last sold
AED 495K · November 2022
Building
Al Thamam 24

About 402, Al Thamam 24

402 is a one-bedroom apartment of 1,160 sqft on the 4th floor of Al Thamam 24, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 30 November 2022 for AED 495,000, or AED 426 per sqft.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 14 April 2022, is AED 40,000 a year: a gross yield of 8.1% on the 2022 price, before the service charge of about AED 18,600 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical one-bed in Al Thamam 24
400K600K2009201420192024Typical sale price by year: 2009 AED 607,466; 2010 AED 308,950; 2012 AED 487,103; 2013 AED 592,667; 2014 AED 594,154; 2016 AED 680,000; 2017 AED 345,000; 2024 AED 562,500; 2025 AED 650,000Sold by developer, June 2009: AED 382,413 (AED 329 per sqft)Sold, February 2014: AED 358,905 (AED 309 per sqft)Sold, March 2017: AED 380,000 (AED 327 per sqft)Sold, November 2022: AED 495,000 (AED 426 per sqft)

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

Rents
Unit 402, each contractTypical one-bed in Al Thamam 24
40K60K2013201720212025Typical rent by year: 2013 AED 42,500; 2014 AED 55,500; 2015 AED 58,000; 2016 AED 58,000; 2017 AED 56,000; 2018 AED 49,000; 2019 AED 42,000; 2020 AED 40,000; 2021 AED 33,500; 2022 AED 36,000; 2023 AED 42,000; 2024 AED 50,698; 2025 AED 56,000; 2026 AED 59,000New contract, October 2014: AED 62,500 a yearNew contract, October 2015: AED 62,500 a yearNew contract, October 2017: AED 61,475 a yearRenewal, May 2018: AED 62,500 a yearNew contract, May 2019: AED 54,000 a yearNew contract, June 2020: AED 40,000 a yearRenewal, June 2021: AED 40,000 a yearNew contract, April 2022: AED 40,000 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 24, and where 402 sits

All 24 1-beds →

Over the last 12 months one-beds sold for AED 730,000, around AED 940 per sqft, and rent for AED 48,319 to 71,209 a year. 402's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Jun 2026730,000
7 Jul 2025655,000
1 Jul 2025650,000
16 May 2025650,000
1 1-bed sale in the last 12 months

Al Thamam 24

Building

57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.

Typical price per sqft
AED 907
Typical sale
AED 1.18M
Typical rent
AED 60K /yr
Typical yield
8.2%
Al Thamam 24, Remraam: prices, sales and rents →

Other units on the 4th floor

All 57 units in Al Thamam 24
Value
4011-bedAED 516K · Jun 2014
4031-bedAED 715K · Aug 2017
4042-bedAED 950K · Nov 2024
4052-bedAED 840K · Jul 2024
4061-bedAED 775K · Apr 2025
4071-bedAED 755K · Aug 2024
4081-bedAED 533K · Sep 2013
1–7 of 8

402, Al Thamam 24 in numbers

  • Sold 4 times: first on 15 June 2009 for AED 382,413, last on 30 November 2022 for AED 495,000 (AED 426 per sqft).
  • Rented since October 2014 on 8 Ejari contracts, from AED 62,500 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2022 price is 8.1%, before a service charge of about AED 18,600 a year (AED 16.07 per sqft).
  • One-beds in Al Thamam 24 sold for AED 730,000–730,000 in the 12 months to November 2026; the building's median across all types is AED 907 per sqft.

Source: Dubai Land Department. Updated 30 November 2022.

Questions about 402, Al Thamam 24

What did unit 402 last sell for?

AED 495,000 on 30 November 2022: AED 426 per sqft for 1,160 sqft. The unit has 4 registered sales; the first was AED 382,413 in June 2009.

What is the rent for unit 402?

AED 40,000 a year on the contract signed on 14 April 2022. The previous contract, from June 2021, was AED 40,000; the unit has been rented since October 2014.

How big is unit 402?

1,160 sqft (107.8 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2011.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Thamam 24 sold for AED 730,000 to 730,000 in the last 12 months, around AED 940 per sqft.

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Mortgage on 402, Al Thamam 24

Starts from the last sale price (AED 495K, 30 November 2022). 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 →