409, Al Thamam 53
Sold prices and rental history: sold 3 times, last in January 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Al Thamam 53
What is 409 worth today?
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Source: Dubai Land Department. Updated 5 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 401 sqft
- Floor
- 4th of 6
- Parking
- G-86
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 6,400 /yr
- Last sold
- AED 450K · January 2014
- Building
- Al Thamam 53
About 409, Al Thamam 53
409 is a studio of 401 sqft on the 4th floor of Al Thamam 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 22 January 2014 for AED 450,000, or AED 1,121 per sqft, 27% above the AED 882 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 5 August 2026, is AED 40,000 a year: a gross yield of 8.9% on the 2014 price, before the service charge of about AED 6,400 a year.
Sales and rents for 409 over time
409 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Thamam 53, and where 409 sits
All 5 studios →409 last sold in January 2014 at AED 1,121 per sqft, 27% above what studios in Al Thamam 53 were fetching at the time (AED 882). 409's AED 40,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Nov 202420 November 2024 | 401 sqft | 405,000 | 1,009 | ||
| 11 Jun 202411 June 2024 | 401 sqft | 444,600 | 1,108 | ||
| 23 Aug 202223 August 2022 | 401 sqft | 255,000 | 635 | ||
| 5 Nov 20145 November 2014 | 401 sqft | 302,758 | 754 |
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 | |
| 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, Al Thamam 53 in numbers
- Sold 3 times: first on 10 April 2009 for AED 360,360, last on 22 January 2014 for AED 450,000 (AED 1,121 per sqft).
- Rented since December 2016 on 11 Ejari contracts. The rent fell from AED 38,000 to AED 22,000 in 2021 and recovered to AED 40,000 by August 2026.
- At AED 40,000 a year the gross yield on the 2014 price is 8.9%, before a service charge of about AED 6,400 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 5 August 2026.
Questions about 409, Al Thamam 53
What did unit 409 last sell for?
AED 450,000 on 22 January 2014: AED 1,121 per sqft for 401 sqft. The unit has 3 registered sales; the first was AED 360,360 in April 2009.
What is the rent for unit 409?
AED 40,000 a year on the contract renewed on 5 August 2026. The previous contract, from August 2025, was AED 40,000; the unit has been rented since December 2016.
How big is unit 409?
401 sqft (37.3 sqm): a studio on the 4th floor of a 6-storey tower completed in 2011.
What is unit 409 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 409, Al Thamam 53
Starts from the last sale price (AED 450K, 22 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →