406, Al Thamam 47
Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Al Thamam 47
What is 406 worth today?
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Source: Dubai Land Department. Updated 8 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 755 sqft
- Floor
- 4th of 7
- Parking
- G-62
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,100 /yr
- Last sold
- AED 665K · November 2024
- Building
- Al Thamam 47
About 406, Al Thamam 47
406 is a one-bedroom apartment of 755 sqft on the 4th floor of Al Thamam 47, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 8 November 2024 for AED 665,000, or AED 880 per sqft, 10% above the AED 798 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 2 August 2023, is AED 40,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 12,100 a year.
Sales and rents for 406 over time
406 has sold 4 times; 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 47, and where 406 sits
All 30 1-beds →406 last sold in November 2024 at AED 880 per sqft, 10% above what one-beds in Al Thamam 47 were fetching at the time (AED 798). 406's AED 40,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jun 20252 June 2025 | 755 sqft | 655,000 | 867 | ||
| 21 Apr 202521 April 2025 | 755 sqft | 520,000 | 688 | ||
| 21 Apr 202521 April 2025 | 755 sqft | 520,000 | 688 | ||
| 24 Mar 202524 March 2025 | 665 sqft | 575,000 | 864 |
Al Thamam 47
Building63 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 65K /yr
- Typical yield
Other units on the 4th floor
All 63 units in Al Thamam 47| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 689 sqft | AED 300KAED 299,953 · Jul 2013July 2013 | 42,000 /yr | |
| 402 | 1-bed | 755 sqft | AED 535KAED 535,000 · Mar 2024March 2024 | 54,000 /yr | |
| 403 | 1-bed | 755 sqft | AED 520KAED 520,000 · Apr 2025April 2025 | 45,000 /yr | |
| 404 | 2-bed | 1,009 sqft | AED 1.21MAED 1,206,680 · Dec 2017December 2017 | 68,500 /yr | |
| 405 | 2-bed | 1,009 sqft | AED 650KAED 650,000 · Jul 2019July 2019 | 79,000 /yr | |
| 407 | 1-bed | 755 sqft | AED 655KAED 655,000 · Jun 2025June 2025 | 58,000 /yr | |
| 408 | 1-bed | 665 sqft | AED 291KAED 291,438 · Jul 2013July 2013 | 45,255 /yr | |
| 409 | Studio | 387 sqft | AED 420KAED 419,725 · Mar 2014March 2014 | 38,000 /yr |
406, Al Thamam 47 in numbers
- Sold 4 times: first on 15 June 2009 for AED 364,125, last on 8 November 2024 for AED 665,000 (AED 880 per sqft).
- Rented since November 2017 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 15,692 in 2020 and recovered to AED 40,000 by August 2023.
- At AED 40,000 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 12,100 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 8 November 2024.
Questions about 406, Al Thamam 47
What did unit 406 last sell for?
AED 665,000 on 8 November 2024: AED 880 per sqft for 755 sqft. The unit has 4 registered sales; the first was AED 364,125 in June 2009.
What is the rent for unit 406?
AED 40,000 a year on the contract renewed on 2 August 2023. The previous contract, from July 2022, was AED 34,000; the unit has been rented since November 2017.
How big is unit 406?
755 sqft (70.1 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2011.
What is unit 406 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 406, Al Thamam 47
Starts from the last sale price (AED 665K, 8 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 665,000
- Deposit, UAE resident (20%)
- AED 133,000
- Deposit, non-resident (40%)
- AED 266,000
- Monthly over 25 years at 3.7%
- AED 2,721
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →