408, Al Thamam 24
Sold prices and rental history: sold twice, last in September 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Al Thamam 24
What is 408 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 689 sqft
- Floor
- 4th of 6
- Parking
- G-97
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,100 /yr
- Last sold
- AED 533K · September 2013
- Building
- Al Thamam 24
About 408, Al Thamam 24
408 is a one-bedroom apartment of 689 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 September 2013 for AED 533,389, or AED 774 per sqft, 3% below the AED 800 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 15 September 2026, is AED 48,319 a year: a gross yield of 9.1% on the 2013 price, before the service charge of about AED 11,100 a year.
Sales and rents for 408 over time
408 has sold twice; 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 408 sits
All 24 1-beds →408 last sold in September 2013 at AED 774 per sqft, 3% below what one-beds in Al Thamam 24 were fetching at the time (AED 800). 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. 408's AED 48,319 is at the bottom 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 | |
| 407 | 1-bed | 1,160 sqft | AED 755KAED 755,000 · Aug 2024August 2024 | 70,000 /yr | |
| 409 | Studio | 468 sqft | AED 250KAED 250,000 · Nov 2022November 2022 | 42,000 /yr |
408, Al Thamam 24 in numbers
- Sold twice: first on 21 April 2009 for AED 609,553, last on 30 September 2013 for AED 533,389 (AED 774 per sqft).
- Rented since December 2013 on 13 Ejari contracts, from AED 46,000 to AED 48,319 a year.
- At AED 48,319 a year the gross yield on the 2013 price is 9.1%, before a service charge of about AED 11,100 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 15 September 2026.
Questions about 408, Al Thamam 24
What did unit 408 last sell for?
AED 533,389 on 30 September 2013: AED 774 per sqft for 689 sqft. The unit has 2 registered sales; the first was AED 609,553 in April 2009.
What is the rent for unit 408?
AED 48,319 a year on the contract renewed on 15 September 2026. The previous contract, from September 2025, was AED 46,018; the unit has been rented since December 2013.
How big is unit 408?
689 sqft (64.0 sqm): a one-bedroom apartment on the 4th floor of a 6-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. 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 408, Al Thamam 24
Starts from the last sale price (AED 533K, 30 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 533,389
- Deposit, UAE resident (20%)
- AED 106,678
- Deposit, non-resident (40%)
- AED 213,356
- Monthly over 25 years at 3.7%
- AED 2,182
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →