409, Al Thamam 24
Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Al Thamam 24
What is 409 worth today?
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Source: Dubai Land Department. Updated 20 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 468 sqft
- Floor
- 4th of 6
- Parking
- G-96
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,500 /yr
- Last sold
- AED 250K · November 2022
- Building
- Al Thamam 24
About 409, Al Thamam 24
409 is a studio of 468 sqft on the 4th floor of Al Thamam 24, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 25 November 2022 for AED 250,000, or AED 533 per sqft.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 20 August 2026, is AED 42,000 a year: a gross yield of 16.8% on the 2022 price, before the service charge of about AED 7,500 a year.
Sales and rents for 409 over time
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Thamam 24, and where 409 sits
All 5 studios →409's AED 42,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jul 201611 July 2016 | 468 sqft | 435,000 | 928 | ||
| 19 Jan 201419 January 2014 | 468 sqft | 455,000 | 971 | ||
| 26 Dec 201326 December 2013 | 468 sqft | 365,707 | 781 | ||
| 11 Nov 201311 November 2013 | 468 sqft | 485,100 | 1,035 |
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 | |
| 408 | 1-bed | 689 sqft | AED 533KAED 533,389 · Sep 2013September 2013 | 48,319 /yr |
409, Al Thamam 24 in numbers
- Sold twice: first on 22 October 2015 for AED 536,000, last on 25 November 2022 for AED 250,000 (AED 533 per sqft).
- Rented since March 2015 on 6 Ejari contracts. The rent fell from AED 47,000 to AED 21,000 in 2020 and recovered to AED 42,000 by August 2026.
- At AED 42,000 a year the gross yield on the 2022 price is 16.8%, before a service charge of about AED 7,500 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 20 August 2026.
Questions about 409, Al Thamam 24
What did unit 409 last sell for?
AED 250,000 on 25 November 2022: AED 533 per sqft for 468 sqft. The unit has 2 registered sales; the first was AED 536,000 in October 2015.
What is the rent for unit 409?
AED 42,000 a year on the contract renewed on 20 August 2026. The previous contract, from August 2025, was AED 42,000; the unit has been rented since March 2015.
How big is unit 409?
468 sqft (43.5 sqm): a studio on the 4th floor of a 6-storey tower completed in 2011.
What is unit 409 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 409, Al Thamam 24
Starts from the last sale price (AED 250K, 25 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 250,000
- Deposit, UAE resident (20%)
- AED 50,000
- Deposit, non-resident (40%)
- AED 100,000
- Monthly over 25 years at 3.7%
- AED 1,023
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →