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2-bed · 996 sqftAl Thamam 28, Remraam · 4th floor · completed 2011

407, Al Thamam 28

Sold prices and rental history: sold 4 times, last in June 2022, 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 1 May 2023
Last soldAED 630K23 June 2022
Current rentAED 54K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Al Thamam 28

What is 407 worth today?

Last sold for AED 630,000 in 2022

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1 May 2023RentedRenewal
AED 54,000/yr12 months · AED 55 per sqft
23 Jun 2022SoldReady
AED 630,000AED 632 per sqft
15 Oct 2019SoldReady
AED 612,500AED 615 per sqft
1 May 2018RentedNew contract
AED 68,000/yr12 months · AED 68 per sqft
18 Apr 2017RentedRenewal
AED 80,000/yr12 months · AED 80 per sqft
18 Apr 2016RentedRenewal
AED 80,000/yr12 months · AED 80 per sqft
17 Apr 2015RentedRenewal
AED 79,778/yr12 months · AED 80 per sqft
17 Apr 2014RentedNew contract
AED 80,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 1 May 2023.

Key facts

Type
2-bed apartment
Size
996 sqft
Floor
4th of 5
Parking
G-133
Developer
Remraam
Completed
2011
Service charge
AED 16,000 /yr
Last sold
AED 630K · June 2022
Building
Al Thamam 28

About 407, Al Thamam 28

407 is a two-bedroom apartment of 996 sqft on the 4th floor of Al Thamam 28, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 23 June 2022 for AED 630,000, or AED 632 per sqft.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 54,000 a year: a gross yield of 8.6% on the 2022 price, before the service charge of about AED 16,000 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Al Thamam 28
1M2009201420192024Typical sale price by year: 2009 AED 960,013; 2013 AED 947,454; 2014 AED 1,040,000; 2019 AED 612,500; 2025 AED 1,200,000Sold by developer, April 2009: AED 943,248 (AED 947 per sqft)Sold, October 2013: AED 910,656 (AED 914 per sqft)Sold, October 2019: AED 612,500 (AED 615 per sqft)Sold, June 2022: AED 630,000 (AED 632 per sqft)

407 has sold 4 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 28
60K80K2013201720212025Typical rent by year: 2013 AED 65,000; 2014 AED 81,500; 2015 AED 79,778; 2016 AED 84,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 63,000; 2020 AED 48,000; 2021 AED 48,000; 2022 AED 56,500; 2023 AED 60,000; 2024 AED 68,250; 2025 AED 73,498; 2026 AED 85,000New contract, April 2014: AED 80,000 a yearRenewal, April 2015: AED 79,778 a yearRenewal, April 2016: AED 80,000 a yearRenewal, April 2017: AED 80,000 a yearNew contract, May 2018: AED 68,000 a yearRenewal, May 2023: AED 54,000 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 28, and where 407 sits

All 16 2-beds →

Over the last 12 months two-beds sold for AED 1,020,000 to 1,280,000, around AED 942 per sqft, and rent for AED 71,663 to 95,000 a year. 407's AED 54,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Oct 20261,020,000
13 Nov 20251,280,000
10 Jul 20251,200,000
25 Mar 20251,111,815
2 2-bed sales in the last 12 months

Al Thamam 28

Building

60 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 7 sold in the last 12 months.

Typical price per sqft
AED 949
Typical sale
AED 730K
Typical rent
AED 62K /yr
Typical yield
9.1%
Al Thamam 28, Remraam: prices, sales and rents →

Other units on the 4th floor

All 60 units in Al Thamam 28
Value
401StudioAED 219K · Jan 2014
4021-bedAED 730K · Dec 2025
4031-bedAED 776K · Sep 2025
4042-bedAED 780K · Mar 2024
4051-bedAED 550K · Sep 2024
4061-bedAED 670K · Dec 2024
4081-bedAED 715K · Apr 2013
1–7 of 10

407, Al Thamam 28 in numbers

  • Sold 4 times: first on 26 April 2009 for AED 943,248, last on 23 June 2022 for AED 630,000 (AED 632 per sqft).
  • Rented since April 2014 on 6 Ejari contracts, from AED 80,000 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2022 price is 8.6%, before a service charge of about AED 16,000 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 28 sold for AED 1,020,000–1,280,000 in the 12 months to November 2026; the building's median across all types is AED 949 per sqft.

Source: Dubai Land Department. Updated 1 May 2023.

Questions about 407, Al Thamam 28

What did unit 407 last sell for?

AED 630,000 on 23 June 2022: AED 632 per sqft for 996 sqft. The unit has 4 registered sales; the first was AED 943,248 in April 2009.

What is the rent for unit 407?

AED 54,000 a year on the contract renewed on 1 May 2023. The previous contract, from May 2018, was AED 68,000; the unit has been rented since April 2014.

How big is unit 407?

996 sqft (92.5 sqm): a two-bedroom apartment on the 4th floor of a 5-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 28 sold for AED 1,020,000 to 1,280,000 in the last 12 months, around AED 942 per sqft.

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Mortgage on 407, Al Thamam 28

Starts from the last sale price (AED 630K, 23 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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