408, Al Thamam 49
Sold prices and rental history: sold twice, last in February 2014, 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 408, Al Thamam 49
What is 408 worth today?
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Source: Dubai Land Department. Updated 15 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 689 sqft
- Floor
- 4th of 7
- Parking
- G-99
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,100 /yr
- Last sold
- AED 548K · February 2014
- Building
- Al Thamam 49
About 408, Al Thamam 49
408 is a one-bedroom apartment of 689 sqft on the 4th floor of Al Thamam 49, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 23 February 2014 for AED 548,134, or AED 795 per sqft, in line with the AED 790 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 48,000 a year: a gross yield of 8.8% on the 2014 price, before the service charge of about AED 11,100 a year.
Sales and rents for 408 over time
408 has sold twice; 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 49, and where 408 sits
All 30 1-beds →408 last sold in February 2014 at AED 795 per sqft, in line with what one-beds in Al Thamam 49 were fetching at the time (AED 790). Over the last 12 months one-beds sold for AED 630,000 to 750,000, around AED 947 per sqft, and rent for AED 46,658 to 65,000 a year. 408's AED 48,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Mar 202625 March 2026 | 689 sqft | 640,000 | 929 | ||
| 27 Jan 202627 January 2026 | 777 sqft | 750,000 | 965 | ||
| 3 Dec 20253 December 2025 | 665 sqft | 630,000 | 947 | ||
| 29 Aug 202529 August 2025 | 665 sqft | 590,000 | 887 |
Al Thamam 49
Building62 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 7 sold in the last 12 months.
- Typical price per sqft
- AED 938
- Typical sale
- AED 695K
- Typical rent
- AED 60K /yr
- Typical yield
- 8.2%
Other units on the 4th floor
All 62 units in Al Thamam 49| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 665 sqft | AED 630KAED 630,000 · Dec 2025December 2025 | 60,000 /yr | |
| 402 | 1-bed | 758 sqft | AED 600KAED 600,000 · Sep 2024September 2024 | 51,752 /yr | |
| 403 | 1-bed | 758 sqft | AED 600KAED 600,000 · May 2024May 2024 | 39,000 /yr | |
| 404 | 2-bed | 1,006 sqft | AED 990KAED 990,000 · Jun 2025June 2025 | 68,250 /yr | |
| 405 | 2-bed | 1,006 sqft | AED 900KAED 900,000 · Sep 2026September 2026 | 70,000 /yr | |
| 406 | 1-bed | 758 sqft | AED 695KAED 694,702 · Mar 2013March 2013 | 63,000 /yr | |
| 407 | 1-bed | 758 sqft | AED 615KAED 615,000 · Aug 2024August 2024 | 60,000 /yr | |
| 409 | Studio | 468 sqft | AED 240KAED 240,000 · Jun 2015June 2015 | 31,500 /yr |
408, Al Thamam 49 in numbers
- Sold twice: first on 21 April 2009 for AED 626,400, last on 23 February 2014 for AED 548,134 (AED 795 per sqft).
- Rented since November 2017 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 30,000 in 2022 and recovered to AED 48,000 by March 2025.
- At AED 48,000 a year the gross yield on the 2014 price is 8.8%, before a service charge of about AED 11,100 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 49 sold for AED 630,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 938 per sqft.
Source: Dubai Land Department. Updated 15 March 2025.
Questions about 408, Al Thamam 49
What did unit 408 last sell for?
AED 548,134 on 23 February 2014: AED 795 per sqft for 689 sqft. The unit has 2 registered sales; the first was AED 626,400 in April 2009.
What is the rent for unit 408?
AED 48,000 a year on the contract renewed on 15 March 2025. The previous contract, from March 2025, was AED 48,000; the unit has been rented since November 2017.
How big is unit 408?
689 sqft (64.0 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2011.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Thamam 49 sold for AED 630,000 to 750,000 in the last 12 months, around AED 947 per sqft.
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Mortgage on 408, Al Thamam 49
Starts from the last sale price (AED 548K, 23 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 548,134
- Deposit, UAE resident (20%)
- AED 109,627
- Deposit, non-resident (40%)
- AED 219,254
- Monthly over 25 years at 3.7%
- AED 2,243
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →