Studio · 387 sqftAl Thamam 32, Remraam · 4th floor · completed 2011

409, Al Thamam 32

Sold prices and rental history: sold twice, last in November 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 31 August 2026
Last soldAED 368K13 November 2012
Current rentAED 36K /yr31 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Al Thamam 32

What is 409 worth today?

Last sold for AED 367,920 in 2012

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31 Aug 2026RentedNew contract
AED 36,000/yr12 months · AED 93 per sqft
14 Jul 2025RentedNew contract
AED 38,000/yr12 months · AED 98 per sqft
29 Dec 2024RentedRenewal
AED 36,600/yr24 months · AED 95 per sqft
29 Dec 2023RentedNew contract
AED 31,000/yr12 months · AED 80 per sqft
2 May 2022RentedRenewal
AED 22,000/yr15 months · AED 57 per sqft
2 May 2021RentedNew contract
AED 20,000/yr12 months · AED 52 per sqft
2 May 2020RentedNew contract
AED 20,000/yr12 months · AED 52 per sqft
28 Aug 2014RentedRenewal
AED 33,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 31 August 2026.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
4th of 5
Parking
G-86
Developer
Remraam
Completed
2011
Service charge
AED 6,200 /yr
Last sold
AED 368K · November 2012
Building
Al Thamam 32

About 409, Al Thamam 32

409 is a studio of 387 sqft on the 4th floor of Al Thamam 32, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 13 November 2012 for AED 367,920, or AED 950 per sqft, in line with the AED 950 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 31 August 2026, is AED 36,000 a year: a gross yield of 9.8% on the 2012 price, before the service charge of about AED 6,200 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical studio in Al Thamam 32
370K375K200920112013Typical sale price by year: 2009 AED 375,950; 2012 AED 367,920Sold by developer, March 2009: AED 375,950 (AED 971 per sqft)Sold, November 2012: AED 367,920 (AED 950 per sqft)

409 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 409, each contractTypical studio in Al Thamam 32
20K30K40K2013201720212025Typical rent by year: 2019 AED 30,000; 2020 AED 21,000; 2021 AED 20,000; 2024 AED 32,000New contract, August 2013: AED 30,000 a yearRenewal, August 2014: AED 33,000 a yearNew contract, May 2020: AED 20,000 a yearNew contract, May 2021: AED 20,000 a yearRenewal, May 2022: AED 22,000 a yearNew contract, December 2023: AED 31,000 a yearRenewal, December 2024: AED 36,600 a yearNew contract, July 2025: AED 38,000 a yearNew contract, August 2026: AED 36,000 a year

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

Studios in Al Thamam 32, and where 409 sits

All 4 studios →

409 last sold in November 2012 at AED 950 per sqft, in line with what studios in Al Thamam 32 were fetching at the time (AED 950).

Recent studio salesUnit no.Price (AED)Summary
3 Sep 2024410,000
20 May 2024370,000
6 Mar 2023270,000
25 Oct 2017415,000
0 studio sales in the last 12 months

Al Thamam 32

Building

46 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 803
Typical sale
AED 720K
Typical rent
AED 78K /yr
Typical yield
8.8%
Al Thamam 32, Remraam: prices, sales and rents →

Other units on the 4th floor

All 46 units in Al Thamam 32
Value
4011-bedAED 595K · Nov 2017
4021-bedAED 700K · Mar 2016
4031-bedAED 590K · Nov 2024
4042-bedAED 860K · Jan 2013
4052-bedAED 860K · Jan 2013
4061-bedAED 720K · Aug 2016
4071-bedAED 560K · Jan 2024
1–7 of 8

409, Al Thamam 32 in numbers

  • Sold twice: first on 30 March 2009 for AED 375,950, last on 13 November 2012 for AED 367,920 (AED 950 per sqft).
  • Rented since August 2013 on 9 Ejari contracts. The rent fell from AED 30,000 to AED 20,000 in 2021 and recovered to AED 36,000 by August 2026.
  • At AED 36,000 a year the gross yield on the 2012 price is 9.8%, before a service charge of about AED 6,200 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 31 August 2026.

Questions about 409, Al Thamam 32

What did unit 409 last sell for?

AED 367,920 on 13 November 2012: AED 950 per sqft for 387 sqft. The unit has 2 registered sales; the first was AED 375,950 in March 2009.

What is the rent for unit 409?

AED 36,000 a year on the contract signed on 31 August 2026. The previous contract, from July 2025, was AED 38,000; the unit has been rented since August 2013.

How big is unit 409?

387 sqft (36.0 sqm): a studio on the 4th floor of a 5-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 32

Starts from the last sale price (AED 368K, 13 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 367,920
Deposit, UAE resident (20%)
AED 73,584
Deposit, non-resident (40%)
AED 147,168
Monthly over 25 years at 3.7%
AED 1,505

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