402, Al Thamam 59
Sold prices and rental history: sold once, by the developer in April 2014, 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 402, Al Thamam 59
What is 402 worth today?
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Source: Dubai Land Department. Updated 1 August 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 755 sqft
- Floor
- 4th of 5
- Parking
- G-58
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,100 /yr
- Last sold
- AED 601K · April 2014
- Building
- Al Thamam 59
About 402, Al Thamam 59
402 is a one-bedroom apartment of 755 sqft on the 4th floor of Al Thamam 59, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 15 April 2014 for AED 601,493, or AED 796 per sqft, 27% above the AED 628 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 August 2019, is AED 42,000 a year: a gross yield of 7.0% on the 2014 price, before the service charge of about AED 12,100 a year.
Sales and rents for 402 over time
402 has sold once; 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 59, and where 402 sits
All 22 1-beds →402 last sold in April 2014 at AED 796 per sqft, 27% above what one-beds in Al Thamam 59 were fetching at the time (AED 628). Over the last 12 months one-beds sold for AED 710,000, around AED 940 per sqft, and rent for AED 41,632 to 68,000 a year. 402's AED 42,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Sep 202616 September 2026 | 755 sqft | 710,000 | 940 | ||
| 23 Sep 202523 September 2025 | 689 sqft | 625,000 | 907 | ||
| 17 Sep 202517 September 2025 | 773 sqft | 705,000 | 911 | ||
| 25 Aug 202525 August 2025 | 1,156 sqft | 770,000 | 666 |
Al Thamam 59
Building48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.
- Typical price per sqft
- AED 880
- Typical sale
- AED 1.01M
- Typical rent
- AED 49K /yr
- Typical yield
- 8.8%
Other units on the 4th floor
All 48 units in Al Thamam 59| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 689 sqft | AED 550KAED 550,000 · Mar 2018March 2018 | 43,000 /yr | |
| 403 | 1-bed | 755 sqft | AED 685KAED 685,000 · Nov 2016November 2016 | 42,900 /yr | |
| 404 | 2-bed | 1,009 sqft | AED 1.13MAED 1,125,000 · Mar 2025March 2025 | 42,000 /yr | |
| 405 | 2-bed | 1,009 sqft | AED 801KAED 801,367 · Dec 2012December 2012 | 30,000 /yr | |
| 406 | 1-bed | 755 sqft | AED 694KAED 693,840 · Jul 2013July 2013 | 61,000 /yr | |
| 407 | 1-bed | 755 sqft | AED 359KAED 359,250 · Oct 2012October 2012 | 45,738 /yr | |
| 408 | 1-bed | 665 sqft | AED 615KAED 615,000 · Jan 2016January 2016 | 53,000 /yr | |
| 409 | Studio | 387 sqft | AED 420KAED 420,000 · Apr 2017April 2017 | 35,000 /yr |
402, Al Thamam 59 in numbers
- Sold once: by Remraam on 15 April 2014 for AED 601,493, or AED 796 per sqft.
- Rented since July 2014 on 6 Ejari contracts, from AED 60,000 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2014 price is 7.0%, before a service charge of about AED 12,100 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 59 sold for AED 710,000–710,000 in the 12 months to November 2026; the building's median across all types is AED 880 per sqft.
Source: Dubai Land Department. Updated 1 August 2019.
Questions about 402, Al Thamam 59
What did unit 402 last sell for?
AED 601,493 on 15 April 2014, sold by the developer: AED 796 per sqft for 755 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 42,000 a year on the contract signed on 1 August 2019. The previous contract, from July 2018, was AED 60,000; the unit has been rented since July 2014.
How big is unit 402?
755 sqft (70.1 sqm): a one-bedroom apartment on the 4th floor of a 5-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 59 sold for AED 710,000 to 710,000 in the last 12 months, around AED 940 per sqft.
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Mortgage on 402, Al Thamam 59
Starts from the last sale price (AED 601K, 15 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 601,493
- Deposit, UAE resident (20%)
- AED 120,299
- Deposit, non-resident (40%)
- AED 240,597
- Monthly over 25 years at 3.7%
- AED 2,461
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →