407, Al Thamam 51
Sold prices and rental history: sold twice, last in December 2013, 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 407, Al Thamam 51
What is 407 worth today?
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Source: Dubai Land Department. Updated 1 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 758 sqft
- Floor
- 4th of 5
- Parking
- G-63
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,200 /yr
- Last sold
- AED 302K · December 2013
- Building
- Al Thamam 51
About 407, Al Thamam 51
407 is a one-bedroom apartment of 758 sqft on the 4th floor of Al Thamam 51, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 30 December 2013 for AED 301,946, or AED 398 per sqft, in line with the AED 398 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 41,800 a year: a gross yield of 13.8% on the 2013 price, before the service charge of about AED 12,200 a year.
Sales and rents for 407 over time
407 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 51, and where 407 sits
All 21 1-beds →407 last sold in December 2013 at AED 398 per sqft, in line with what one-beds in Al Thamam 51 were fetching at the time (AED 398). Over the last 12 months one-beds sold for AED 685,000 to 780,000, around AED 782 per sqft, and rent for AED 38,000 to 64,000 a year. 407's AED 41,800 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jul 202628 July 2026 | 758 sqft | 685,000 | 903 | ||
| 21 Feb 202621 February 2026 | 1,182 sqft | 780,000 | 660 | ||
| 27 Oct 202527 October 2025 | 777 sqft | 750,000 | 965 | ||
| 11 Sep 202511 September 2025 | 758 sqft | 700,000 | 923 |
Al Thamam 51
Building47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 3 sold in the last 12 months.
- Typical price per sqft
- AED 903
- Typical sale
- AED 685K
- Typical rent
- AED 53K /yr
- Typical yield
- 7.9%
Other units on the 4th floor
All 47 units in Al Thamam 51| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 689 sqft | AED 750KAED 750,000 · Aug 2014August 2014 | 38,000 /yr | |
| 402 | 1-bed | 758 sqft | AED 695KAED 694,657 · Feb 2015February 2015 | 65,000 /yr | |
| 403 | 1-bed | 758 sqft | AED 700KAED 700,000 · Sep 2025September 2025 | 68,000 /yr | |
| 404 | 2-bed | 1,006 sqft | AED 915KAED 915,000 · Jan 2025January 2025 | 80,000 /yr | |
| 405 | 2-bed | 1,006 sqft | AED 830KAED 830,000 · May 2016May 2016 | 62,000 /yr | |
| 406 | 1-bed | 758 sqft | AED 685KAED 685,000 · Jul 2026July 2026 | 49,999 /yr | |
| 408 | 1-bed | 665 sqft | AED 299KAED 298,513 · Nov 2012November 2012 | 45,000 /yr | |
| 409 | Studio | 468 sqft | AED 460KAED 460,000 · Jan 2026January 2026 | 40,000 /yr |
407, Al Thamam 51 in numbers
- Sold twice: first on 15 June 2009 for AED 359,250, last on 30 December 2013 for AED 301,946 (AED 398 per sqft).
- Rented since February 2014 on 11 Ejari contracts. The rent fell from AED 60,000 to AED 35,000 in 2021 and recovered to AED 41,800 by February 2024.
- At AED 41,800 a year the gross yield on the 2013 price is 13.8%, before a service charge of about AED 12,200 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 51 sold for AED 685,000–780,000 in the 12 months to November 2026; the building's median across all types is AED 903 per sqft.
Source: Dubai Land Department. Updated 1 February 2024.
Questions about 407, Al Thamam 51
What did unit 407 last sell for?
AED 301,946 on 30 December 2013: AED 398 per sqft for 758 sqft. The unit has 2 registered sales; the first was AED 359,250 in June 2009.
What is the rent for unit 407?
AED 41,800 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 38,000; the unit has been rented since February 2014.
How big is unit 407?
758 sqft (70.4 sqm): a one-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. One-beds in Al Thamam 51 sold for AED 685,000 to 780,000 in the last 12 months, around AED 782 per sqft.
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Mortgage on 407, Al Thamam 51
Starts from the last sale price (AED 302K, 30 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 301,946
- Deposit, UAE resident (20%)
- AED 60,389
- Deposit, non-resident (40%)
- AED 120,778
- Monthly over 25 years at 3.7%
- AED 1,235
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →