407, Al Thamam 53
Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Al Thamam 53
What is 407 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,158 sqft
- Floor
- 4th of 6
- Parking
- G-84
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 18,600 /yr
- Last sold
- AED 645K · May 2024
- Building
- Al Thamam 53
About 407, Al Thamam 53
407 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 24 May 2024 for AED 645,000, or AED 557 per sqft, 16% below the AED 665 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 15 July 2024, is AED 54,000 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 18,600 a year.
Sales and rents for 407 over time
407 has sold 4 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 407 sits
All 23 1-beds →407 last sold in May 2024 at AED 557 per sqft, 16% 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. 407's AED 54,000 is in the upper 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 | |
| 406 | 1-bed | 1,157 sqft | AED 710KAED 710,000 · Jul 2024July 2024 | 45,080 /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 |
407, Al Thamam 53 in numbers
- Sold 4 times: first on 31 March 2009 for AED 836,489, last on 24 May 2024 for AED 645,000 (AED 557 per sqft).
- Rented since May 2015 on 8 Ejari contracts. The rent fell from AED 67,000 to AED 34,000 in 2021 and recovered to AED 54,000 by July 2024.
- At AED 54,000 a year the gross yield on the 2024 price is 8.4%, 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 15 July 2024.
Questions about 407, Al Thamam 53
What did unit 407 last sell for?
AED 645,000 on 24 May 2024: AED 557 per sqft for 1,158 sqft. The unit has 4 registered sales; the first was AED 836,489 in March 2009.
What is the rent for unit 407?
AED 54,000 a year on the contract signed on 15 July 2024. The previous contract, from July 2022, was AED 40,000; the unit has been rented since May 2015.
How big is unit 407?
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 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 53 sold for AED 610,000 to 740,000 in the last 12 months, around AED 953 per sqft.
Selling 407? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 407, Al Thamam 53
Starts from the last sale price (AED 645K, 24 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 645,000
- Deposit, UAE resident (20%)
- AED 129,000
- Deposit, non-resident (40%)
- AED 258,000
- Monthly over 25 years at 3.7%
- AED 2,639
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →