408, Al Thamam 55
Sold prices and rental history: sold twice, last in January 2014, and rented once, from September 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Al Thamam 55
What is 408 worth today?
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Source: Dubai Land Department. Updated 28 January 2014.
Key facts
- Type
- 1-bed apartment
- Size
- 669 sqft
- Floor
- 4th of 5
- Parking
- G-64
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,700 /yr
- Last sold
- AED 267K · January 2014
- Building
- Al Thamam 55
About 408, Al Thamam 55
408 is a one-bedroom apartment of 669 sqft on the 4th floor of Al Thamam 55, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 28 January 2014 for AED 266,505, or AED 398 per sqft, 43% below the AED 703 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 September 2013. The current contract, signed on 20 September 2013, is AED 43,000 a year: a gross yield of 16.1% on the 2014 price, before the service charge of about AED 10,700 a year.
Sales and rents for 408 over time
408 has sold twice; 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 55, and where 408 sits
All 21 1-beds →408 last sold in January 2014 at AED 398 per sqft, 43% below what one-beds in Al Thamam 55 were fetching at the time (AED 703). Over the last 12 months one-beds sold for AED 565,827 to 645,000, around AED 848 per sqft, and rent for AED 45,150 to 65,000 a year. 408's AED 43,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 774 sqft | 565,827 | 731 | ||
| 10 Nov 202510 November 2025 | 668 sqft | 645,000 | 965 | ||
| 23 Sep 202523 September 2025 | 1,150 sqft | 720,000 | 626 | ||
| 14 Oct 202414 October 2024 | 1,129 sqft | 690,000 | 611 |
Al Thamam 55
Building47 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 792
- Typical sale
- AED 645K
- Typical rent
- AED 52K /yr
- Typical yield
- 8.7%
Other units on the 4th floor
All 47 units in Al Thamam 55| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 668 sqft | AED 360KAED 360,000 · May 2021May 2021 | 50,135 /yr | |
| 402 | 1-bed | 756 sqft | AED 359KAED 359,250 · Jul 2013July 2013 | 52,500 /yr | |
| 403 | 1-bed | 756 sqft | AED 348KAED 347,655 · Oct 2014October 2014 | 46,200 /yr | |
| 404 | 2-bed | 1,009 sqft | AED 630KAED 630,000 · May 2023May 2023 | 80,000 /yr | |
| 405 | 2-bed | 1,009 sqft | AED 900KAED 900,000 · Nov 2017November 2017 | ||
| 407 | 1-bed | 756 sqft | AED 370KAED 370,000 · Jul 2020July 2020 | 52,000 /yr | |
| 409 | Studio | 401 sqft | AED 285KAED 285,000 · Apr 2023April 2023 | 38,000 /yr |
408, Al Thamam 55 in numbers
- Sold twice: first on 15 June 2009 for AED 320,250, last on 28 January 2014 for AED 266,505 (AED 398 per sqft).
- Rented since September 2013 on one Ejari contract, at AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2014 price is 16.1%, before a service charge of about AED 10,700 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 55 sold for AED 565,827–645,000 in the 12 months to November 2026; the building's median across all types is AED 792 per sqft.
Source: Dubai Land Department. Updated 28 January 2014.
Questions about 408, Al Thamam 55
What did unit 408 last sell for?
AED 266,505 on 28 January 2014: AED 398 per sqft for 669 sqft. The unit has 2 registered sales; the first was AED 320,250 in June 2009.
What is the rent for unit 408?
AED 43,000 a year on the contract signed on 20 September 2013.
How big is unit 408?
669 sqft (62.2 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 55 sold for AED 565,827 to 645,000 in the last 12 months, around AED 848 per sqft.
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Mortgage on 408, Al Thamam 55
Starts from the last sale price (AED 267K, 28 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 266,505
- Deposit, UAE resident (20%)
- AED 53,301
- Deposit, non-resident (40%)
- AED 106,602
- Monthly over 25 years at 3.7%
- AED 1,090
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →