
407, Al Thamam 61
Sold prices and rental history: sold twice, last in June 2023, 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 407, Al Thamam 61
What is 407 worth today?
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Source: Dubai Land Department. Updated 16 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 758 sqft
- Floor
- 4th of 5
- Parking
- G-98
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,200 /yr
- Last sold
- AED 475K · June 2023
- Building
- Al Thamam 61
About 407, Al Thamam 61
407 is a one-bedroom apartment of 758 sqft on the 4th floor of Al Thamam 61, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 16 June 2023 for AED 475,000, or AED 626 per sqft.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 1 November 2018, is AED 50,000 a year: a gross yield of 10.5% on the 2023 price, before the service charge of about AED 12,200 a year.
Sales and rents for 407 over time
407 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 61, and where 407 sits
All 21 1-beds →Over the last 12 months one-beds sold for AED 655,000, around AED 984 per sqft, and rent for AED 45,738 to 70,000 a year. 407's AED 50,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Feb 20263 February 2026 | 665 sqft | 655,000 | 984 | ||
| 10 Sep 202510 September 2025 | 1,158 sqft | 780,000 | 673 | ||
| 16 Jul 202516 July 2025 | 689 sqft | 650,000 | 943 | ||
| 3 Apr 20253 April 2025 | 1,160 sqft | 775,000 | 668 |
Al Thamam 61
Building47 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 1,027
- Typical sale
- AED 865K
- Typical rent
- AED 64K /yr
- Typical yield
- 6.8%
Other units on the 4th floor
All 47 units in Al Thamam 61| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 665 sqft | AED 350KAED 350,000 · Jun 2021June 2021 | 70,000 /yr | |
| 402 | 1-bed | 758 sqft | AED 550KAED 550,000 · Mar 2024March 2024 | 64,000 /yr | |
| 403 | 1-bed | 758 sqft | AED 500KAED 500,000 · Mar 2024March 2024 | 70,000 /yr | |
| 404 | 2-bed | 1,006 sqft | AED 1.05MAED 1,050,000 · Aug 2014August 2014 | ||
| 405 | 2-bed | 1,006 sqft | AED 893KAED 892,800 · Sep 2012September 2012 | 75,000 /yr | |
| 406 | 1-bed | 758 sqft | AED 771KAED 770,990 · Nov 2013November 2013 | 45,738 /yr | |
| 408 | 1-bed | 689 sqft | AED 522KAED 522,443 · Jun 2013June 2013 | 30,000 /yr | |
| 409 | Studio | 468 sqft | AED 420KAED 420,420 · Mar 2009March 2009 | 19,000 /yr |
407, Al Thamam 61 in numbers
- Sold twice: first on 9 June 2009 for AED 359,250, last on 16 June 2023 for AED 475,000 (AED 626 per sqft).
- Rented since October 2014 on 4 Ejari contracts, from AED 63,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2023 price is 10.5%, before a service charge of about AED 12,200 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 61 sold for AED 655,000–655,000 in the 12 months to November 2026; the building's median across all types is AED 1,027 per sqft.
Source: Dubai Land Department. Updated 16 June 2023.
Questions about 407, Al Thamam 61
What did unit 407 last sell for?
AED 475,000 on 16 June 2023: AED 626 per sqft for 758 sqft. The unit has 2 registered sales; the first was AED 359,250 in June 2009.
What is the rent for unit 407?
AED 50,000 a year on the contract renewed on 1 November 2018. The previous contract, from November 2017, was AED 55,000; the unit has been rented since October 2014.
How big is unit 407?
758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 5-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 61 sold for AED 655,000 to 655,000 in the last 12 months, around AED 984 per sqft.
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Mortgage on 407, Al Thamam 61
Starts from the last sale price (AED 475K, 16 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 475,000
- Deposit, UAE resident (20%)
- AED 95,000
- Deposit, non-resident (40%)
- AED 190,000
- Monthly over 25 years at 3.7%
- AED 1,943
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →