1-bed · 758 sqftAl Thamam 63, Remraam · 4th floor · completed 2011

406, Al Thamam 63

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 520K27 December 2023
Current rentAED 43K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Al Thamam 63

What is 406 worth today?

Last sold for AED 520,000 in 2023

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15 Mar 2024RentedNew contract
AED 43,225/yr5 months · AED 57 per sqft
27 Dec 2023SoldReady
AED 520,000AED 685 per sqft
15 Sep 2023RentedNew contract
AED 40,000/yr6 months · AED 53 per sqft
15 Sep 2022RentedRenewal
AED 40,000/yr12 months · AED 53 per sqft
15 Sep 2021RentedRenewal
AED 38,000/yr12 months · AED 50 per sqft
15 Sep 2020RentedRenewal
AED 38,000/yr12 months · AED 50 per sqft
15 Sep 2019RentedRenewal
AED 46,500/yr12 months · AED 61 per sqft
15 Sep 2018RentedNew contract
AED 49,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 15 March 2024.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
4th of 5
Parking
G-62
Developer
Remraam
Completed
2011
Service charge
AED 12,200 /yr
Last sold
AED 520K · December 2023
Building
Al Thamam 63

About 406, Al Thamam 63

406 is a one-bedroom apartment of 758 sqft on the 4th floor of Al Thamam 63, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 27 December 2023 for AED 520,000, or AED 685 per sqft, 20% above the AED 573 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 15 March 2024, is AED 43,225 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 12,200 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Al Thamam 63
400K600K2009201420192024Typical sale price by year: 2009 AED 685,792; 2012 AED 606,640; 2013 AED 672,329; 2014 AED 677,810; 2015 AED 301,946; 2016 AED 650,000; 2021 AED 442,000; 2023 AED 435,000; 2024 AED 550,000; 2025 AED 640,000Sold by developer, February 2015: AED 301,946 (AED 398 per sqft)Sold, December 2023: AED 520,000 (AED 685 per sqft)

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

Rents
Unit 406, each contractTypical one-bed in Al Thamam 63
40K60K2013201720212025Typical rent by year: 2013 AED 46,500; 2014 AED 55,000; 2015 AED 57,500; 2016 AED 60,000; 2017 AED 59,000; 2018 AED 52,500; 2019 AED 41,808; 2020 AED 35,500; 2021 AED 33,000; 2022 AED 37,000; 2023 AED 41,350; 2024 AED 46,200; 2025 AED 55,000; 2026 AED 58,875New contract, June 2015: AED 60,000 a yearRenewal, June 2016: AED 60,000 a yearRenewal, June 2017: AED 60,000 a yearRenewal, September 2017: AED 60,000 a yearNew contract, September 2018: AED 49,000 a yearRenewal, September 2019: AED 46,500 a yearRenewal, September 2020: AED 38,000 a yearRenewal, September 2021: AED 38,000 a yearRenewal, September 2022: AED 40,000 a yearNew contract, September 2023: AED 40,000 a yearNew contract, March 2024: AED 43,225 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 63, and where 406 sits

All 22 1-beds →

406 last sold in December 2023 at AED 685 per sqft, 20% above what one-beds in Al Thamam 63 were fetching at the time (AED 573). Over the last 12 months one-beds sold for AED 640,000 to 765,000, around AED 974 per sqft, and rent for AED 47,000 to 62,000 a year. 406's AED 43,225 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Mar 2026765,000
18 Dec 2025640,000
12 Mar 2025729,600
6 Jan 2025535,000
2 1-bed sales in the last 12 months

Al Thamam 63

Building

48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 3 sold in the last 12 months.

Typical price per sqft
AED 962
Typical sale
AED 640K
Typical rent
AED 62K /yr
Typical yield
7.9%
Al Thamam 63, Remraam: prices, sales and rents →

Other units on the 4th floor

All 48 units in Al Thamam 63
Value
4011-bedAED 635K · May 2016
4021-bedAED 500K · Jul 2019
4031-bedAED 435K · Jan 2023
4042-bedAED 885K · Jan 2017
4052-bedAED 590K · Aug 2021
4071-bedAED 520K · Mar 2024
4081-bedAED 650K · May 2017
1–7 of 8

406, Al Thamam 63 in numbers

  • Sold twice: first on 24 February 2015 for AED 301,946, last on 27 December 2023 for AED 520,000 (AED 685 per sqft).
  • Rented since June 2015 on 11 Ejari contracts. The rent fell from AED 60,000 to AED 38,000 in 2021 and recovered to AED 43,225 by March 2024.
  • At AED 43,225 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 12,200 a year (AED 16.07 per sqft).
  • One-beds in Al Thamam 63 sold for AED 640,000–765,000 in the 12 months to November 2026; the building's median across all types is AED 962 per sqft.

Source: Dubai Land Department. Updated 15 March 2024.

Questions about 406, Al Thamam 63

What did unit 406 last sell for?

AED 520,000 on 27 December 2023: AED 685 per sqft for 758 sqft. The unit has 2 registered sales; the first was AED 301,946 in February 2015.

What is the rent for unit 406?

AED 43,225 a year on the contract signed on 15 March 2024. The previous contract, from September 2023, was AED 40,000; the unit has been rented since June 2015.

How big is unit 406?

758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.

What is unit 406 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 63 sold for AED 640,000 to 765,000 in the last 12 months, around AED 974 per sqft.

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Mortgage on 406, Al Thamam 63

Starts from the last sale price (AED 520K, 27 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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