405, Al Thamam 01
Sold prices and rental history: sold 3 times, last in May 2013, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Al Thamam 01
What is 405 worth today?
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Source: Dubai Land Department. Updated 10 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,006 sqft
- Floor
- 4th of 5
- Parking
- G-100
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 16,200 /yr
- Last sold
- AED 521K · May 2013
- Building
- Al Thamam 01
About 405, Al Thamam 01
405 is a two-bedroom apartment of 1,006 sqft on the 4th floor of Al Thamam 01, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 5 May 2013 for AED 521,236, or AED 518 per sqft, 44% below the AED 927 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 10 July 2024, is AED 62,920 a year: a gross yield of 12.1% on the 2013 price, before the service charge of about AED 16,200 a year.
Sales and rents for 405 over time
405 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Thamam 01, and where 405 sits
All 15 2-beds →405 last sold in May 2013 at AED 518 per sqft, 44% below what two-beds in Al Thamam 01 were fetching at the time (AED 927). Over the last 12 months two-beds sold for AED 1,040,000, around AED 1,034 per sqft, and rent for AED 75,000 to 75,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202327 October 2023 | 1,498 sqft | 875,000 | 584 | ||
| 25 Sep 202325 September 2023 | 1,598 sqft | 915,000 | 572 | ||
| 6 Sep 20236 September 2023 | 1,598 sqft | 890,000 | 556 | ||
| 16 Jun 202316 June 2023 | 1,498 sqft | 810,000 | 540 |
Al Thamam 01
Building48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,034
- Typical sale
- AED 1.04M
- Typical rent
- AED 50K /yr
- Typical yield
- 7.2%
Other units on the 4th floor
All 48 units in Al Thamam 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 665 sqft | AED 380KAED 380,000 · Feb 2022February 2022 | 43,765 /yr | |
| 402 | 1-bed | 758 sqft | AED 435KAED 435,000 · Dec 2021December 2021 | 50,000 /yr | |
| 403 | 1-bed | 758 sqft | AED 425KAED 425,000 · Feb 2022February 2022 | 34,000 /yr | |
| 404 | 1,006 sqft | AED 1.04MAED 1,040,000 · Nov 2025November 2025 | 63,800 /yr | ||
| 406 | 1-bed | 758 sqft | AED 425KAED 425,000 · Oct 2022October 2022 | 48,042 /yr | |
| 407 | 1-bed | 758 sqft | AED 635KAED 635,000 · Jan 2025January 2025 | 46,122 /yr | |
| 408 | 1-bed | 689 sqft | AED 435KAED 435,000 · Jun 2023June 2023 | 40,000 /yr | |
| 409 | Studio | 468 sqft | AED 395KAED 395,000 · Mar 2024March 2024 | 46,000 /yr |
405, Al Thamam 01 in numbers
- Sold 3 times: first on 7 December 2011 for AED 951,660, last on 5 May 2013 for AED 521,236 (AED 518 per sqft).
- Rented since May 2019 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 46,000 in 2021 and recovered to AED 62,920 by July 2024.
- At AED 62,920 a year the gross yield on the 2013 price is 12.1%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).
- Two-beds in Al Thamam 01 sold for AED 1,040,000–1,040,000 in the 12 months to November 2026; the building's median across all types is AED 1,034 per sqft.
Source: Dubai Land Department. Updated 10 July 2024.
Questions about 405, Al Thamam 01
What did unit 405 last sell for?
AED 521,236 on 5 May 2013: AED 518 per sqft for 1,006 sqft. The unit has 3 registered sales; the first was AED 951,660 in December 2011.
What is the rent for unit 405?
AED 62,920 a year on the contract renewed on 10 July 2024. The previous contract, from July 2023, was AED 57,200; the unit has been rented since May 2019.
How big is unit 405?
1,006 sqft (93.5 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.
What is unit 405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Thamam 01 sold for AED 1,040,000 to 1,040,000 in the last 12 months, around AED 1,034 per sqft.
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Mortgage on 405, Al Thamam 01
Starts from the last sale price (AED 521K, 5 May 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 521,236
- Deposit, UAE resident (20%)
- AED 104,247
- Deposit, non-resident (40%)
- AED 208,494
- Monthly over 25 years at 3.7%
- AED 2,133
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →