2-bed · 1,004 sqftAl Thamam 26, Remraam · 4th floor · completed 2011

407, Al Thamam 26

Sold prices and rental history: sold 3 times, last in March 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 16 August 2023
Last soldAED 423K20 March 2017
Current rentAED 70K /yr16 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Al Thamam 26

What is 407 worth today?

Last sold for AED 422,500 in 2017

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16 Aug 2023RentedNew contract
AED 70,000/yr12 months · AED 70 per sqft
15 Mar 2020RentedNew contract
AED 55,000/yr12 months · AED 55 per sqft
1 Sep 2019RentedNew contract
AED 60,000/yr12 months · AED 60 per sqft
15 Jul 2018RentedRenewal
AED 74,999/yr6 months · AED 75 per sqft
15 Dec 2017RentedNew contract
AED 75,000/yr7 months · AED 75 per sqft
20 Mar 2017SoldReady
AED 422,500AED 421 per sqft
28 Nov 2016RentedRenewal
AED 85,000/yr12 months · AED 85 per sqft
28 Nov 2015RentedRenewal
AED 85,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 16 August 2023.

Key facts

Type
2-bed apartment
Size
1,004 sqft
Floor
4th of 6
Parking
G-108
Developer
Remraam
Completed
2011
Service charge
AED 16,100 /yr
Last sold
AED 423K · March 2017
Building
Al Thamam 26

About 407, Al Thamam 26

407 is a two-bedroom apartment of 1,004 sqft on the 4th floor of Al Thamam 26, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 20 March 2017 for AED 422,500, or AED 421 per sqft.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 16 August 2023, is AED 70,000 a year: a gross yield of 16.6% on the 2017 price, before the service charge of about AED 16,100 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Al Thamam 26
500K1M2009201420192024Typical sale price by year: 2009 AED 514,988; 2013 AED 781,742; 2014 AED 993,470; 2024 AED 900,000; 2025 AED 1,131,051Sold by developer, June 2009: AED 434,350 (AED 432 per sqft)Sold, March 2014: AED 434,350 (AED 432 per sqft)Sold, March 2017: AED 422,500 (AED 421 per sqft)

407 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 407, each contractTypical two-bed in Al Thamam 26
60K80K2013201720212025Typical rent by year: 2013 AED 63,000; 2014 AED 80,000; 2015 AED 85,000; 2016 AED 85,000; 2017 AED 83,500; 2018 AED 70,000; 2019 AED 68,000; 2020 AED 55,226; 2021 AED 48,000; 2022 AED 52,303; 2023 AED 58,800; 2024 AED 64,800; 2025 AED 72,500; 2026 AED 74,856New contract, November 2014: AED 84,530 a yearNew contract, August 2015: AED 85,000 a yearRenewal, November 2015: AED 85,000 a yearRenewal, November 2016: AED 85,000 a yearNew contract, December 2017: AED 75,000 a yearRenewal, July 2018: AED 74,999 a yearNew contract, September 2019: AED 60,000 a yearNew contract, March 2020: AED 55,000 a yearNew contract, August 2023: AED 70,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Al Thamam 26, and where 407 sits

All 21 2-beds →

Over the last 12 months two-beds sold for AED 1,050,000 to 1,100,000, around AED 1,079 per sqft, and rent for AED 40,000 to 93,000 a year. 407's AED 70,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jun 20261,050,000
20 May 20261,100,000
6 Nov 20251,131,051
29 Oct 2025900,000
2 2-bed sales in the last 12 months

Al Thamam 26

Building

70 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 5 sold in the last 12 months.

Typical price per sqft
AED 940
Typical sale
AED 740K
Typical rent
AED 61K /yr
Typical yield
8.8%
Al Thamam 26, Remraam: prices, sales and rents →

Other units on the 4th floor

All 70 units in Al Thamam 26
Value
401StudioAED 535K · Apr 2014
4021-bedAED 700K · Jul 2017
4031-bedAED 480K · Jun 2020
4042-bedAED 550K · Apr 2021
4051-bedAED 480K · Sep 2018
4061-bedAED 610K · Oct 2017
4081-bedAED 496K · May 2022
1–7 of 10

407, Al Thamam 26 in numbers

  • Sold 3 times: first on 15 June 2009 for AED 434,350, last on 20 March 2017 for AED 422,500 (AED 421 per sqft).
  • Rented since November 2014 on 9 Ejari contracts. The rent fell from AED 84,530 to AED 55,000 in 2020 and recovered to AED 70,000 by August 2023.
  • At AED 70,000 a year the gross yield on the 2017 price is 16.6%, before a service charge of about AED 16,100 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 26 sold for AED 1,050,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 940 per sqft.

Source: Dubai Land Department. Updated 16 August 2023.

Questions about 407, Al Thamam 26

What did unit 407 last sell for?

AED 422,500 on 20 March 2017: AED 421 per sqft for 1,004 sqft. The unit has 3 registered sales; the first was AED 434,350 in June 2009.

What is the rent for unit 407?

AED 70,000 a year on the contract signed on 16 August 2023. The previous contract, from March 2020, was AED 55,000; the unit has been rented since November 2014.

How big is unit 407?

1,004 sqft (93.3 sqm): a two-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. Two-beds in Al Thamam 26 sold for AED 1,050,000 to 1,100,000 in the last 12 months, around AED 1,079 per sqft.

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Mortgage on 407, Al Thamam 26

Starts from the last sale price (AED 423K, 20 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 422,500
Deposit, UAE resident (20%)
AED 84,500
Deposit, non-resident (40%)
AED 169,000
Monthly over 25 years at 3.7%
AED 1,729

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