Studio · 468 sqftAl Thamam 63, Remraam · 4th floor · completed 2011

409, Al Thamam 63

Sold prices and rental history: sold 4 times, last in May 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 25 August 2026
Last soldAED 325K30 May 2019
Current rentAED 32K /yr25 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Al Thamam 63

What is 409 worth today?

Last sold for AED 325,000 in 2019

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25 Aug 2026RentedRenewal
AED 31,878/yr12 months · AED 67 per sqft
25 Aug 2025RentedRenewal
AED 28,980/yr12 months · AED 61 per sqft
25 Aug 2024RentedRenewal
AED 27,600/yr12 months · AED 58 per sqft
25 Aug 2023RentedRenewal
AED 24,000/yr12 months · AED 51 per sqft
25 Aug 2022RentedRenewal
AED 20,000/yr12 months · AED 42 per sqft
25 Aug 2021RentedRenewal
AED 20,000/yr12 months · AED 42 per sqft
25 Aug 2020RentedNew contract
AED 20,000/yr12 months · AED 42 per sqft
30 May 2019SoldReady
AED 325,000AED 693 per sqft

Source: Dubai Land Department. Updated 25 August 2026.

Key facts

Type
Studio apartment
Size
468 sqft
Floor
4th of 5
Parking
G-65
Developer
Remraam
Completed
2011
Service charge
AED 7,500 /yr
Last sold
AED 325K · May 2019
Building
Al Thamam 63

About 409, Al Thamam 63

409 is a studio of 468 sqft on the 4th floor of Al Thamam 63, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 30 May 2019 for AED 325,000, or AED 693 per sqft.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 25 August 2026, is AED 31,878 a year: a gross yield of 9.8% on the 2019 price, before the service charge of about AED 7,500 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical studio in Al Thamam 63
400K2009201220152018Typical sale price by year: 2009 AED 420,420; 2013 AED 357,201Sold by developer, March 2009: AED 420,420 (AED 897 per sqft)Sold, December 2013: AED 355,956 (AED 759 per sqft)Sold, November 2015: AED 460,000 (AED 981 per sqft)Sold, May 2019: AED 325,000 (AED 693 per sqft)

409 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 409, each contractTypical studio in Al Thamam 63
20K40K2014201820222026Typical rent by year: 2017 AED 42,367; 2020 AED 20,000; 2022 AED 21,000; 2023 AED 28,000; 2024 AED 34,000; 2025 AED 39,000; 2026 AED 35,000New contract, June 2014: AED 45,000 a yearNew contract, June 2015: AED 45,000 a yearNew contract, June 2017: AED 45,000 a yearRenewal, June 2018: AED 38,000 a yearNew contract, August 2020: AED 20,000 a yearRenewal, August 2021: AED 20,000 a yearRenewal, August 2022: AED 20,000 a yearRenewal, August 2023: AED 24,000 a yearRenewal, August 2024: AED 27,600 a yearRenewal, August 2025: AED 28,980 a yearRenewal, August 2026: AED 31,878 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Al Thamam 63, and where 409 sits

All 4 studios →

Over the last 12 months studios sold for AED 430,000, around AED 918 per sqft, and rent for AED 31,878 to 45,000 a year. 409's AED 31,878 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Dec 2025430,000
7 Jul 2022260,000
9 Apr 2018420,000
3 Oct 2013353,466
1 studio sale 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

409, Al Thamam 63 in numbers

  • Sold 4 times: first on 31 March 2009 for AED 420,420, last on 30 May 2019 for AED 325,000 (AED 693 per sqft).
  • Rented since June 2014 on 11 Ejari contracts. The rent fell from AED 45,000 to AED 20,000 in 2022 and recovered to AED 31,878 by August 2026.
  • At AED 31,878 a year the gross yield on the 2019 price is 9.8%, before a service charge of about AED 7,500 a year (AED 16.07 per sqft).
  • Studios in Al Thamam 63 sold for AED 430,000–430,000 in the 12 months to November 2026; the building's median across all types is AED 962 per sqft.

Source: Dubai Land Department. Updated 25 August 2026.

Questions about 409, Al Thamam 63

What did unit 409 last sell for?

AED 325,000 on 30 May 2019: AED 693 per sqft for 468 sqft. The unit has 4 registered sales; the first was AED 420,420 in March 2009.

What is the rent for unit 409?

AED 31,878 a year on the contract renewed on 25 August 2026. The previous contract, from August 2025, was AED 28,980; the unit has been rented since June 2014.

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. Studios in Al Thamam 63 sold for AED 430,000 to 430,000 in the last 12 months, around AED 918 per sqft.

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Mortgage on 409, Al Thamam 63

Starts from the last sale price (AED 325K, 30 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 325,000
Deposit, UAE resident (20%)
AED 65,000
Deposit, non-resident (40%)
AED 130,000
Monthly over 25 years at 3.7%
AED 1,330

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