406, Al Thamam 53
Sold prices and rental history: sold 3 times, last in July 2024, 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 406, Al Thamam 53
What is 406 worth today?
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Source: Dubai Land Department. Updated 24 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,157 sqft
- Floor
- 4th of 6
- Parking
- G-83
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 18,600 /yr
- Last sold
- AED 710K · July 2024
- Building
- Al Thamam 53
About 406, Al Thamam 53
406 is a one-bedroom apartment of 1,157 sqft on the 4th floor of Al Thamam 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 24 July 2024 for AED 710,000, or AED 613 per sqft, 8% below the AED 665 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 16 February 2024, is AED 45,080 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 18,600 a year.
Sales and rents for 406 over time
406 has sold 3 times; 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 53, and where 406 sits
All 23 1-beds →406 last sold in July 2024 at AED 613 per sqft, 8% below what one-beds in Al Thamam 53 were fetching at the time (AED 665). 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. 406's AED 45,080 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Sep 202610 September 2026 | 755 sqft | 720,000 | 953 | ||
| 16 Apr 202616 April 2026 | 755 sqft | 740,000 | 980 | ||
| 2 Feb 20262 February 2026 | 755 sqft | 720,000 | 953 | ||
| 15 Jan 202615 January 2026 | 668 sqft | 610,000 | 913 |
Al Thamam 53
Building56 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%
Other units on the 4th floor
All 56 units in Al Thamam 53| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 669 sqft | AED 360KAED 360,000 · May 2021May 2021 | 50,000 /yr | |
| 402 | 1-bed | 1,158 sqft | AED 738KAED 737,775 · Jun 2014June 2014 | 60,000 /yr | |
| 403 | 1-bed | 1,157 sqft | AED 738KAED 737,775 · Jun 2013June 2013 | 66,000 /yr | |
| 404 | 2-bed | 1,009 sqft | AED 950KAED 950,000 · Sep 2025September 2025 | 80,000 /yr | |
| 405 | 2-bed | 1,009 sqft | AED 900KAED 900,000 · Sep 2017September 2017 | 85,000 /yr | |
| 407 | 1-bed | 1,158 sqft | AED 645KAED 645,000 · May 2024May 2024 | 54,000 /yr | |
| 408 | 1-bed | 668 sqft | AED 610KAED 610,000 · Jan 2026January 2026 | 45,781 /yr | |
| 409 | Studio | 401 sqft | AED 450KAED 450,000 · Jan 2014January 2014 | 40,000 /yr |
406, Al Thamam 53 in numbers
- Sold 3 times: first on 15 June 2009 for AED 418,245, last on 24 July 2024 for AED 710,000 (AED 613 per sqft).
- Rented since February 2014 on 6 Ejari contracts, from AED 50,000 to AED 45,080 a year.
- At AED 45,080 a year the gross yield on the 2024 price is 6.3%, 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 24 July 2024.
Questions about 406, Al Thamam 53
What did unit 406 last sell for?
AED 710,000 on 24 July 2024: AED 613 per sqft for 1,157 sqft. The unit has 3 registered sales; the first was AED 418,245 in June 2009.
What is the rent for unit 406?
AED 45,080 a year on the contract renewed on 16 February 2024. The previous contract, from February 2023, was AED 42,900; the unit has been rented since February 2014.
How big is unit 406?
1,157 sqft (107.5 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2011.
What is unit 406 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 406, Al Thamam 53
Starts from the last sale price (AED 710K, 24 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 710,000
- Deposit, UAE resident (20%)
- AED 142,000
- Deposit, non-resident (40%)
- AED 284,000
- Monthly over 25 years at 3.7%
- AED 2,905
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →