Studio · 387 sqftAl Thamam 59, Remraam · 4th floor · completed 2011

409, Al Thamam 59

Sold prices and rental history: sold 3 times, last in April 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 420K4 April 2017
Current rentAED 35K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Al Thamam 59

What is 409 worth today?

Last sold for AED 420,000 in 2017

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10 Oct 2026RentedNew contract
AED 35,000/yr12 months · AED 90 per sqft
10 Dec 2025RentedRenewal
AED 36,000/yr12 months · AED 93 per sqft
10 Dec 2024RentedRenewal
AED 36,000/yr12 months · AED 93 per sqft
10 Dec 2023RentedRenewal
AED 30,400/yr12 months · AED 78 per sqft
10 Dec 2022RentedRenewal
AED 24,000/yr12 months · AED 62 per sqft
10 Dec 2021RentedRenewal
AED 24,000/yr12 months · AED 62 per sqft
10 Dec 2020RentedRenewal
AED 24,000/yr12 months · AED 62 per sqft
10 Dec 2019RentedRenewal
AED 30,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
4th of 5
Parking
G-65
Developer
Remraam
Completed
2011
Service charge
AED 6,200 /yr
Last sold
AED 420K · April 2017
Building
Al Thamam 59

About 409, Al Thamam 59

409 is a studio of 387 sqft on the 4th floor of Al Thamam 59, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 4 April 2017 for AED 420,000, or AED 1,085 per sqft.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 10 October 2026, is AED 35,000 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 6,200 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical studio in Al Thamam 59
350K400K200920122015Typical sale price by year: 2009 AED 368,225; 2014 AED 362,880Sold by developer, March 2009: AED 368,225 (AED 951 per sqft)Sold, March 2014: AED 360,360 (AED 931 per sqft)Sold, April 2017: AED 420,000 (AED 1,085 per sqft)

409 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 409, each contractTypical studio in Al Thamam 59
20K30K40K2013201720212025Typical rent by year: 2016 AED 41,768; 2018 AED 36,500; 2019 AED 30,000; 2020 AED 24,000; 2021 AED 24,000; 2023 AED 30,400; 2024 AED 36,600; 2025 AED 40,000; 2026 AED 38,000New contract, March 2013: AED 22,877 a yearNew contract, March 2015: AED 29,243 a yearRenewal, March 2016: AED 33,810 a yearRenewal, March 2017: AED 35,500 a yearNew contract, May 2018: AED 36,000 a yearNew contract, December 2018: AED 30,000 a yearRenewal, December 2019: AED 30,000 a yearRenewal, December 2020: AED 24,000 a yearRenewal, December 2021: AED 24,000 a yearRenewal, December 2022: AED 24,000 a yearRenewal, December 2023: AED 30,400 a yearRenewal, December 2024: AED 36,000 a yearRenewal, December 2025: AED 36,000 a yearNew contract, October 2026: AED 35,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Al Thamam 59, and where 409 sits

All 4 studios →

409's AED 35,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Nov 2019140,000
19 Sep 2019280,000
29 Apr 2014480,000
25 Mar 2014362,880
0 studio sales in the last 12 months

Al Thamam 59

Building

48 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%
Al Thamam 59, Remraam: prices, sales and rents →

Other units on the 4th floor

All 48 units in Al Thamam 59
Value
4011-bedAED 550K · Mar 2018
4021-bedAED 601K · Apr 2014
4031-bedAED 685K · Nov 2016
4042-bedAED 1.13M · Mar 2025
4052-bedAED 801K · Dec 2012
4061-bedAED 694K · Jul 2013
4071-bedAED 359K · Oct 2012
1–7 of 8

409, Al Thamam 59 in numbers

  • Sold 3 times: first on 30 March 2009 for AED 368,225, last on 4 April 2017 for AED 420,000 (AED 1,085 per sqft).
  • Rented since March 2013 on 14 Ejari contracts, from AED 22,877 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 6,200 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 10 October 2026.

Questions about 409, Al Thamam 59

What did unit 409 last sell for?

AED 420,000 on 4 April 2017: AED 1,085 per sqft for 387 sqft. The unit has 3 registered sales; the first was AED 368,225 in March 2009.

What is the rent for unit 409?

AED 35,000 a year on the contract signed on 10 October 2026. The previous contract, from December 2025, was AED 36,000; the unit has been rented since March 2013.

How big is unit 409?

387 sqft (36.0 sqm): a studio on the 4th floor of a 5-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 59

Starts from the last sale price (AED 420K, 4 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →