409, Al Thamam 61
Sold prices and rental history: sold once, by the developer in March 2009, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Al Thamam 61
What is 409 worth today?
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Source: Dubai Land Department. Updated 1 September 2020.
Key facts
- Type
- Studio apartment
- Size
- 468 sqft
- Floor
- 4th of 5
- Parking
- G-96
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,500 /yr
- Last sold
- AED 420K · March 2009
- Building
- Al Thamam 61
About 409, Al Thamam 61
409 is a studio of 468 sqft on the 4th floor of Al Thamam 61, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 31 March 2009 for AED 420,420, or AED 897 per sqft.
It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 September 2020, is AED 19,000 a year: a gross yield of 4.5% on the 2009 price, before the service charge of about AED 7,500 a year.
Sales and rents for 409 over time
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Thamam 61, and where 409 sits
All 4 studios →| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20244 June 2024 | 468 sqft | 400,000 | 854 | ||
| 17 Nov 201617 November 2016 | 468 sqft | 465,000 | 993 | ||
| 11 Mar 201311 March 2013 | 468 sqft | 375,869 | 802 | ||
| 6 Dec 20126 December 2012 | 468 sqft | 435,120 | 929 |
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 | |
| 407 | 1-bed | 758 sqft | AED 475KAED 475,000 · Jun 2023June 2023 | 50,000 /yr | |
| 408 | 1-bed | 689 sqft | AED 522KAED 522,443 · Jun 2013June 2013 | 30,000 /yr |
409, Al Thamam 61 in numbers
- Sold once: by Remraam on 31 March 2009 for AED 420,420, or AED 897 per sqft.
- Rented since September 2013 on 3 Ejari contracts, from AED 33,000 to AED 19,000 a year.
- At AED 19,000 a year the gross yield on the 2009 price is 4.5%, before a service charge of about AED 7,500 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 1 September 2020.
Questions about 409, Al Thamam 61
What did unit 409 last sell for?
AED 420,420 on 31 March 2009, sold by the developer: AED 897 per sqft for 468 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 19,000 a year on the contract signed on 1 September 2020. The previous contract, from August 2018, was AED 32,000; the unit has been rented since September 2013.
How big is unit 409?
468 sqft (43.5 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 61
Starts from the last sale price (AED 420K, 31 March 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 420,420
- Deposit, UAE resident (20%)
- AED 84,084
- Deposit, non-resident (40%)
- AED 168,168
- Monthly over 25 years at 3.7%
- AED 1,720
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →