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1-bed · 665 sqftAl Thamam 51, Remraam · 4th floor · completed 2011

408, Al Thamam 51

Sold prices and rental history: sold twice, last in November 2012, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 16 September 2021
Last soldAED 299K4 November 2012
Current rentAED 45K /yr16 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Al Thamam 51

What is 408 worth today?

Last sold for AED 298,513 in 2012

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16 Sep 2021RentedRenewal
AED 45,000/yr12 months · AED 67 per sqft
16 Sep 2020RentedNew contract
AED 43,200/yr12 months · AED 65 per sqft
4 Nov 2012SoldReady
AED 298,513AED 448 per sqft
9 Jun 2009Sold by developerOff-plan
AED 298,516AED 448 per sqft

Source: Dubai Land Department. Updated 16 September 2021.

Key facts

Type
1-bed apartment
Size
665 sqft
Floor
4th of 5
Parking
G-64
Developer
Remraam
Completed
2011
Service charge
AED 10,700 /yr
Last sold
AED 299K · November 2012
Building
Al Thamam 51

About 408, Al Thamam 51

408 is a one-bedroom apartment of 665 sqft on the 4th floor of Al Thamam 51, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 4 November 2012 for AED 298,513, or AED 448 per sqft.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 16 September 2021, is AED 45,000 a year: a gross yield of 15.1% on the 2012 price, before the service charge of about AED 10,700 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Al Thamam 51
400K600K2009201420192024Typical sale price by year: 2009 AED 414,183; 2010 AED 296,427; 2013 AED 349,072; 2014 AED 577,848; 2015 AED 622,329; 2025 AED 690,000Sold by developer, June 2009: AED 298,516 (AED 448 per sqft)Sold, November 2012: AED 298,513 (AED 448 per sqft)

408 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 408, each contractTypical one-bed in Al Thamam 51
40K60K2013201720212025Typical rent by year: 2013 AED 48,000; 2014 AED 60,000; 2015 AED 60,000; 2016 AED 57,500; 2017 AED 57,000; 2018 AED 51,500; 2019 AED 43,000; 2020 AED 35,539; 2021 AED 33,750; 2022 AED 36,000; 2023 AED 40,500; 2024 AED 46,000; 2025 AED 49,150; 2026 AED 49,250New contract, September 2020: AED 43,200 a yearRenewal, September 2021: AED 45,000 a year

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 408 sits

All 21 1-beds →

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. 408's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Jul 2026685,000
21 Feb 2026780,000
27 Oct 2025750,000
11 Sep 2025700,000
2 1-bed sales in the last 12 months

Al Thamam 51

Building

47 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%
Al Thamam 51, Remraam: prices, sales and rents →

Other units on the 4th floor

All 47 units in Al Thamam 51
Value
4011-bedAED 750K · Aug 2014
4021-bedAED 695K · Feb 2015
4031-bedAED 700K · Sep 2025
4042-bedAED 915K · Jan 2025
4052-bedAED 830K · May 2016
4061-bedAED 685K · Jul 2026
4071-bedAED 302K · Dec 2013
1–7 of 8

408, Al Thamam 51 in numbers

  • Sold twice: first on 9 June 2009 for AED 298,516, last on 4 November 2012 for AED 298,513 (AED 448 per sqft).
  • Rented since September 2020 on 2 Ejari contracts, from AED 43,200 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2012 price is 15.1%, before a service charge of about AED 10,700 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 16 September 2021.

Questions about 408, Al Thamam 51

What did unit 408 last sell for?

AED 298,513 on 4 November 2012: AED 448 per sqft for 665 sqft. The unit has 2 registered sales; the first was AED 298,516 in June 2009.

What is the rent for unit 408?

AED 45,000 a year on the contract renewed on 16 September 2021. The previous contract, from September 2020, was AED 43,200.

How big is unit 408?

665 sqft (61.8 sqm): a one-bedroom apartment on the 4th floor of a 5-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 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 408, Al Thamam 51

Starts from the last sale price (AED 299K, 4 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 298,513
Deposit, UAE resident (20%)
AED 59,703
Deposit, non-resident (40%)
AED 119,405
Monthly over 25 years at 3.7%
AED 1,221

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