1-bed · 1,158 sqftAl Thamam 53, Remraam · 4th floor · completed 2011

402, Al Thamam 53

Sold prices and rental history: sold twice, last in June 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 11 October 2018
Last soldAED 738K3 June 2014
Current rentAED 60K /yr11 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Al Thamam 53

What is 402 worth today?

Last sold for AED 737,775 in 2014

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11 Oct 2018RentedRenewal
AED 60,000/yr12 months · AED 52 per sqft
1 Oct 2017RentedRenewal
AED 66,220/yr12 months · AED 57 per sqft
1 Oct 2016RentedNew contract
AED 68,000/yr12 months · AED 58 per sqft
23 Jun 2015RentedRenewal
AED 73,000/yr12 months · AED 63 per sqft
23 Jun 2014RentedNew contract
AED 73,000/yr12 months · AED 63 per sqft
3 Jun 2014SoldReady
AED 737,775AED 637 per sqft
18 Mar 2010Sold by developerOff-plan
AED 438,640AED 378 per sqft

Source: Dubai Land Department. Updated 11 October 2018.

Key facts

Type
1-bed apartment
Size
1,158 sqft
Floor
4th of 6
Parking
G-123
Developer
Remraam
Completed
2011
Service charge
AED 18,600 /yr
Last sold
AED 738K · June 2014
Building
Al Thamam 53

About 402, Al Thamam 53

402 is a one-bedroom apartment of 1,158 sqft on the 4th floor of Al Thamam 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 3 June 2014 for AED 737,775, or AED 637 per sqft, in line with the AED 622 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 11 October 2018, is AED 60,000 a year: a gross yield of 8.1% on the 2014 price, before the service charge of about AED 18,600 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical one-bed in Al Thamam 53
400K600K800K2009201420192024Typical sale price by year: 2009 AED 614,880; 2013 AED 607,713; 2014 AED 302,752; 2017 AED 485,000; 2022 AED 395,000; 2023 AED 444,800; 2024 AED 527,500; 2025 AED 610,000; 2026 AED 720,000Sold by developer, March 2010: AED 438,640 (AED 378 per sqft)Sold, June 2014: AED 737,775 (AED 637 per sqft)

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

Rents
Unit 402, each contractTypical one-bed in Al Thamam 53
40K60K80K2013201720212025Typical rent by year: 2013 AED 45,000; 2014 AED 55,537; 2015 AED 58,000; 2016 AED 59,000; 2017 AED 58,000; 2018 AED 54,000; 2019 AED 43,000; 2020 AED 36,000; 2021 AED 31,500; 2022 AED 35,000; 2023 AED 40,000; 2024 AED 50,000; 2025 AED 53,000; 2026 AED 50,000New contract, June 2014: AED 73,000 a yearRenewal, June 2015: AED 73,000 a yearNew contract, October 2016: AED 68,000 a yearRenewal, October 2017: AED 66,220 a yearRenewal, October 2018: AED 60,000 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 53, and where 402 sits

All 23 1-beds →

402 last sold in June 2014 at AED 637 per sqft, in line with what one-beds in Al Thamam 53 were fetching at the time (AED 622). Over the last 12 months one-beds sold for AED 610,000 to 740,000, around AED 953 per sqft, and rent for AED 36,000 to 66,000 a year. 402's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Sep 2026720,000
16 Apr 2026740,000
2 Feb 2026720,000
15 Jan 2026610,000
4 1-bed sales in the last 12 months

Al Thamam 53

Building

56 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 7 sold in the last 12 months.

Typical price per sqft
AED 952
Typical sale
AED 740K
Typical rent
AED 57K /yr
Typical yield
7.7%
Al Thamam 53, Remraam: prices, sales and rents →

Other units on the 4th floor

All 56 units in Al Thamam 53
Value
4011-bedAED 360K · May 2021
4031-bedAED 738K · Jun 2013
4042-bedAED 950K · Sep 2025
4052-bedAED 900K · Sep 2017
4061-bedAED 710K · Jul 2024
4071-bedAED 645K · May 2024
4081-bedAED 610K · Jan 2026
1–7 of 8

402, Al Thamam 53 in numbers

  • Sold twice: first on 18 March 2010 for AED 438,640, last on 3 June 2014 for AED 737,775 (AED 637 per sqft).
  • Rented since June 2014 on 5 Ejari contracts, from AED 73,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2014 price is 8.1%, before a service charge of about AED 18,600 a year (AED 16.07 per sqft).
  • One-beds in Al Thamam 53 sold for AED 610,000–740,000 in the 12 months to November 2026; the building's median across all types is AED 952 per sqft.

Source: Dubai Land Department. Updated 11 October 2018.

Questions about 402, Al Thamam 53

What did unit 402 last sell for?

AED 737,775 on 3 June 2014: AED 637 per sqft for 1,158 sqft. The unit has 2 registered sales; the first was AED 438,640 in March 2010.

What is the rent for unit 402?

AED 60,000 a year on the contract renewed on 11 October 2018. The previous contract, from October 2017, was AED 66,220; the unit has been rented since June 2014.

How big is unit 402?

1,158 sqft (107.6 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2011.

What is unit 402 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 53 sold for AED 610,000 to 740,000 in the last 12 months, around AED 953 per sqft.

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Mortgage on 402, Al Thamam 53

Starts from the last sale price (AED 738K, 3 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 737,775
Deposit, UAE resident (20%)
AED 147,555
Deposit, non-resident (40%)
AED 295,110
Monthly over 25 years at 3.7%
AED 3,018

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