1-bed · 758 sqftAl Thamam 61, Remraam · 4th floor · completed 2011

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.

Unit 407 · DLD and Ejari recordsUpdated 16 June 2023
Last soldAED 475K16 June 2023
Current rentAED 50K /yr1 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Al Thamam 61

What is 407 worth today?

Last sold for AED 475,000 in 2023

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16 Jun 2023SoldReady
AED 475,000AED 626 per sqft
1 Nov 2018RentedRenewal
AED 50,000/yr12 months · AED 43 per sqft
1 Nov 2017RentedNew contract
AED 55,000/yr12 months · AED 47 per sqft
15 Oct 2016RentedNew contract
AED 63,000/yr12 months · AED 54 per sqft
15 Oct 2014RentedNew contract
AED 63,000/yr12 months · AED 54 per sqft
9 Jun 2009Sold by developerOff-plan
AED 359,250AED 473 per sqft

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

Sales
Unit 407, each saleTypical one-bed in Al Thamam 61
400K600K800K2009201420192024Typical sale price by year: 2009 AED 659,850; 2013 AED 690,770; 2014 AED 694,702; 2016 AED 654,224; 2024 AED 542,500; 2025 AED 775,000Sold by developer, June 2009: AED 359,250 (AED 473 per sqft)Sold, June 2023: AED 475,000 (AED 626 per sqft)

407 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407, each contractTypical one-bed in Al Thamam 61
40K60K2013201720212025Typical rent by year: 2013 AED 40,000; 2014 AED 55,000; 2015 AED 56,500; 2016 AED 58,000; 2017 AED 57,000; 2018 AED 50,000; 2019 AED 45,000; 2020 AED 32,000; 2021 AED 32,500; 2022 AED 36,000; 2023 AED 38,000; 2024 AED 52,000; 2025 AED 48,000; 2026 AED 54,000New contract, October 2014: AED 63,000 a yearNew contract, October 2016: AED 63,000 a yearNew contract, November 2017: AED 55,000 a yearRenewal, November 2018: AED 50,000 a year

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 salesUnit no.Price (AED)Summary
3 Feb 2026655,000
10 Sep 2025780,000
16 Jul 2025650,000
3 Apr 2025775,000
1 1-bed sale in the last 12 months

Al Thamam 61

Building

47 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%
Al Thamam 61, Remraam: prices, sales and rents →

Other units on the 4th floor

All 47 units in Al Thamam 61
Value
4011-bedAED 350K · Jun 2021
4021-bedAED 550K · Mar 2024
4031-bedAED 500K · Mar 2024
4042-bedAED 1.05M · Aug 2014
4052-bedAED 893K · Sep 2012
4061-bedAED 771K · Nov 2013
4081-bedAED 522K · Jun 2013
1–7 of 8

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 →