407, Al Thamam 24
Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Al Thamam 24
What is 407 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,160 sqft
- Floor
- 4th of 6
- Parking
- G-98
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 18,600 /yr
- Last sold
- AED 755K · August 2024
- Building
- Al Thamam 24
About 407, Al Thamam 24
407 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 13 August 2024 for AED 755,000, or AED 651 per sqft, 10% below the AED 725 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 1 November 2025, is AED 70,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 18,600 a year.
Sales and rents for 407 over time
407 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 407 sits
All 24 1-beds →407 last sold in August 2024 at AED 651 per sqft, 10% below what one-beds in Al Thamam 24 were fetching at the time (AED 725). 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. 407's AED 70,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jun 202610 June 2026 | 777 sqft | 730,000 | 940 | ||
| 7 Jul 20257 July 2025 | 758 sqft | 655,000 | 863 | ||
| 1 Jul 20251 July 2025 | 758 sqft | 650,000 | 857 | ||
| 16 May 202516 May 2025 | 1,158 sqft | 650,000 | 561 |
Al Thamam 24
Building57 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%
Other units on the 4th floor
All 57 units in Al Thamam 24| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 665 sqft | AED 516KAED 516,001 · Jun 2014June 2014 | 72,000 /yr | |
| 402 | 1-bed | 1,160 sqft | AED 495KAED 495,000 · Nov 2022November 2022 | 40,000 /yr | |
| 403 | 1-bed | 1,112 sqft | AED 715KAED 715,000 · Aug 2017August 2017 | 60,000 /yr | |
| 404 | 2-bed | 1,005 sqft | AED 950KAED 950,000 · Nov 2024November 2024 | 70,410 /yr | |
| 405 | 2-bed | 1,005 sqft | AED 840KAED 840,000 · Jul 2024July 2024 | 58,080 /yr | |
| 406 | 1-bed | 1,112 sqft | AED 775KAED 775,000 · Apr 2025April 2025 | 65,000 /yr | |
| 408 | 1-bed | 689 sqft | AED 533KAED 533,389 · Sep 2013September 2013 | 48,319 /yr | |
| 409 | Studio | 468 sqft | AED 250KAED 250,000 · Nov 2022November 2022 | 42,000 /yr |
407, Al Thamam 24 in numbers
- Sold 3 times: first on 31 March 2009 for AED 764,825, last on 13 August 2024 for AED 755,000 (AED 651 per sqft).
- Rented since January 2021 on 6 Ejari contracts, from AED 40,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2024 price is 9.3%, 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 1 November 2025.
Questions about 407, Al Thamam 24
What did unit 407 last sell for?
AED 755,000 on 13 August 2024: AED 651 per sqft for 1,160 sqft. The unit has 3 registered sales; the first was AED 764,825 in March 2009.
What is the rent for unit 407?
AED 70,000 a year on the contract signed on 1 November 2025. The previous contract, from October 2024, was AED 65,000; the unit has been rented since January 2021.
How big is unit 407?
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 407 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 407, Al Thamam 24
Starts from the last sale price (AED 755K, 13 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 755,000
- Deposit, UAE resident (20%)
- AED 151,000
- Deposit, non-resident (40%)
- AED 302,000
- Monthly over 25 years at 3.7%
- AED 3,089
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →