1-bed · 689 sqftAl Thamam 61, Remraam · 4th floor · completed 2011

408, Al Thamam 61

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

Unit 408 · DLD and Ejari recordsUpdated 8 September 2020
Last soldAED 522K27 June 2013
Current rentAED 30K /yr8 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Al Thamam 61

What is 408 worth today?

Last sold for AED 522,443 in 2013

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8 Sep 2020RentedRenewal
AED 30,000/yr12 months · AED 44 per sqft
8 Sep 2019RentedRenewal
AED 40,000/yr12 months · AED 58 per sqft
8 Sep 2018RentedNew contract
AED 44,000/yr12 months · AED 64 per sqft
2 Jul 2015RentedNew contract
AED 50,000/yr12 months · AED 73 per sqft
2 Jul 2014RentedNew contract
AED 40,000/yr12 months · AED 58 per sqft
2 Jul 2013RentedNew contract
AED 40,000/yr12 months · AED 58 per sqft
27 Jun 2013SoldReady
AED 522,443AED 758 per sqft
10 Apr 2009Sold by developerOff-plan
AED 597,032AED 866 per sqft

Source: Dubai Land Department. Updated 8 September 2020.

Key facts

Type
1-bed apartment
Size
689 sqft
Floor
4th of 5
Parking
G-97
Developer
Remraam
Completed
2011
Service charge
AED 11,100 /yr
Last sold
AED 522K · June 2013
Building
Al Thamam 61

About 408, Al Thamam 61

408 is a one-bedroom apartment of 689 sqft on the 4th floor of Al Thamam 61, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 27 June 2013 for AED 522,443, or AED 758 per sqft, in line with the AED 758 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 8 September 2020, is AED 30,000 a year: a gross yield of 5.7% on the 2013 price, before the service charge of about AED 11,100 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Al Thamam 61
600K800K2009201420192024Typical 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, April 2009: AED 597,032 (AED 866 per sqft)Sold, June 2013: AED 522,443 (AED 758 per sqft)

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

Rents
Unit 408, 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, July 2013: AED 40,000 a yearNew contract, July 2014: AED 40,000 a yearNew contract, July 2015: AED 50,000 a yearNew contract, September 2018: AED 44,000 a yearRenewal, September 2019: AED 40,000 a yearRenewal, September 2020: AED 30,000 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 408 sits

All 21 1-beds →

408 last sold in June 2013 at AED 758 per sqft, in line with what one-beds in Al Thamam 61 were fetching at the time (AED 758). 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. 408's AED 30,000 is at the bottom 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
4071-bedAED 475K · Jun 2023
1–7 of 8

408, Al Thamam 61 in numbers

  • Sold twice: first on 10 April 2009 for AED 597,032, last on 27 June 2013 for AED 522,443 (AED 758 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 40,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2013 price is 5.7%, before a service charge of about AED 11,100 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 8 September 2020.

Questions about 408, Al Thamam 61

What did unit 408 last sell for?

AED 522,443 on 27 June 2013: AED 758 per sqft for 689 sqft. The unit has 2 registered sales; the first was AED 597,032 in April 2009.

What is the rent for unit 408?

AED 30,000 a year on the contract renewed on 8 September 2020. The previous contract, from September 2019, was AED 40,000; the unit has been rented since July 2013.

How big is unit 408?

689 sqft (64.0 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 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 408, Al Thamam 61

Starts from the last sale price (AED 522K, 27 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 522,443
Deposit, UAE resident (20%)
AED 104,489
Deposit, non-resident (40%)
AED 208,977
Monthly over 25 years at 3.7%
AED 2,137

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