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1-bed · 665 sqftAl Thamam 63, Remraam · 4th floor · completed 2011

408, Al Thamam 63

Sold prices and rental history: sold 3 times, last in May 2017, 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 9 June 2022
Last soldAED 650K1 May 2017
Current rentAED 34K /yr9 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Al Thamam 63

What is 408 worth today?

Last sold for AED 650,000 in 2017

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9 Jun 2022RentedNew contract
AED 34,000/yr12 months · AED 51 per sqft
9 Jun 2020RentedRenewal
AED 42,500/yr12 months · AED 64 per sqft
10 Jun 2019RentedRenewal
AED 42,615/yr12 months · AED 64 per sqft
10 Jun 2018RentedRenewal
AED 55,000/yr12 months · AED 82 per sqft
10 Jun 2017RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft
1 May 2017SoldReady
AED 650,000AED 977 per sqft
11 Jan 2016RentedNew contract
AED 52,000/yr12 months · AED 78 per sqft
9 Jan 2015RentedNew contract
AED 51,485/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 9 June 2022.

Key facts

Type
1-bed apartment
Size
665 sqft
Floor
4th of 5
Parking
G-64
Developer
Remraam
Completed
2011
Service charge
AED 10,700 /yr
Last sold
AED 650K · May 2017
Building
Al Thamam 63

About 408, Al Thamam 63

408 is a one-bedroom apartment of 665 sqft on the 4th floor of Al Thamam 63, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 1 May 2017 for AED 650,000, or AED 977 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 9 June 2022, is AED 34,000 a year: a gross yield of 5.2% on the 2017 price, before the service charge of about AED 10,700 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, June 2009: AED 298,516 (AED 448 per sqft)Sold, September 2013: AED 290,330 (AED 436 per sqft)Sold, May 2017: AED 650,000 (AED 977 per sqft)

408 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 408, 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, November 2013: AED 43,000 a yearNew contract, January 2015: AED 51,485 a yearNew contract, January 2016: AED 52,000 a yearNew contract, June 2017: AED 55,000 a yearRenewal, June 2018: AED 55,000 a yearRenewal, June 2019: AED 42,615 a yearRenewal, June 2020: AED 42,500 a yearNew contract, June 2022: AED 34,000 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 63, and where 408 sits

All 22 1-beds →

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. 408's AED 34,000 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
4061-bedAED 520K · Dec 2023
4071-bedAED 520K · Mar 2024
1–7 of 8

408, Al Thamam 63 in numbers

  • Sold 3 times: first on 15 June 2009 for AED 298,516, last on 1 May 2017 for AED 650,000 (AED 977 per sqft).
  • Rented since November 2013 on 8 Ejari contracts, from AED 43,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2017 price is 5.2%, before a service charge of about AED 10,700 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 9 June 2022.

Questions about 408, Al Thamam 63

What did unit 408 last sell for?

AED 650,000 on 1 May 2017: AED 977 per sqft for 665 sqft. The unit has 3 registered sales; the first was AED 298,516 in June 2009.

What is the rent for unit 408?

AED 34,000 a year on the contract signed on 9 June 2022. The previous contract, from June 2020, was AED 42,500; the unit has been rented since November 2013.

How big is unit 408?

665 sqft (61.8 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 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 408, Al Thamam 63

Starts from the last sale price (AED 650K, 1 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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