409, Al Thamam 47
Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Al Thamam 47
What is 409 worth today?
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Source: Dubai Land Department. Updated 31 August 2023.
Key facts
- Type
- Studio apartment
- Size
- 387 sqft
- Floor
- 4th of 7
- Parking
- G-65
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 6,200 /yr
- Last sold
- AED 420K · March 2014
- Building
- Al Thamam 47
About 409, Al Thamam 47
409 is a studio of 387 sqft on the 4th floor of Al Thamam 47, a 7-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 4 March 2014 for AED 419,725, or AED 1,084 per sqft, 40% above the AED 775 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 31 August 2023, is AED 38,000 a year: a gross yield of 9.0% on the 2014 price, before the service charge of about AED 6,200 a year.
Sales and rents for 409 over time
409 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Thamam 47, and where 409 sits
All 6 studios →409 last sold in March 2014 at AED 1,084 per sqft, 40% above what studios in Al Thamam 47 were fetching at the time (AED 775). 409's AED 38,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 May 202116 May 2021 | 387 sqft | 255,000 | 658 | ||
| 16 Aug 201816 August 2018 | 387 sqft | 355,000 | 917 | ||
| 21 Jun 201621 June 2016 | 387 sqft | 460,000 | 1,188 | ||
| 15 Dec 201415 December 2014 | 387 sqft | 490,000 | 1,266 |
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 | |
| 406 | 1-bed | 755 sqft | AED 665KAED 665,000 · Nov 2024November 2024 | 40,000 /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, Al Thamam 47 in numbers
- Sold once: by Remraam on 4 March 2014 for AED 419,725, or AED 1,084 per sqft.
- Rented since April 2014 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 20,000 in 2021 and recovered to AED 38,000 by August 2023.
- At AED 38,000 a year the gross yield on the 2014 price is 9.0%, before a service charge of about AED 6,200 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 31 August 2023.
Questions about 409, Al Thamam 47
What did unit 409 last sell for?
AED 419,725 on 4 March 2014, sold by the developer: AED 1,084 per sqft for 387 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 38,000 a year on the contract signed on 31 August 2023. The previous contract, from May 2022, was AED 28,000; the unit has been rented since April 2014.
How big is unit 409?
387 sqft (36.0 sqm): a studio on the 4th floor of a 7-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 47
Starts from the last sale price (AED 420K, 4 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 419,725
- Deposit, UAE resident (20%)
- AED 83,945
- Deposit, non-resident (40%)
- AED 167,890
- Monthly over 25 years at 3.7%
- AED 1,717
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →