406, Al Thamam 02
Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Al Thamam 02
What is 406 worth today?
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Source: Dubai Land Department. Updated 13 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 755 sqft
- Floor
- 4th of 5
- Parking
- G-62
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,100 /yr
- Last sold
- AED 580K · May 2024
- Building
- Al Thamam 02
About 406, Al Thamam 02
406 is a one-bedroom apartment of 755 sqft on the 4th floor of Al Thamam 02, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 13 May 2024 for AED 580,000, or AED 768 per sqft.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 7 October 2023, is AED 48,500 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 12,100 a year.
Sales and rents for 406 over time
406 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 02, and where 406 sits
All 21 1-beds →406's AED 48,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jul 202511 July 2025 | 755 sqft | 690,000 | 913 | ||
| 7 May 20257 May 2025 | 1,205 sqft | 680,000 | 564 | ||
| 9 Oct 20249 October 2024 | 773 sqft | 650,000 | 840 | ||
| 4 May 20234 May 2023 | 1,205 sqft | 498,000 | 413 |
Al Thamam 02
Building47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 55K /yr
- Typical yield
Other units on the 4th floor
All 47 units in Al Thamam 02| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 689 sqft | AED 390KAED 390,000 · Sep 2022September 2022 | 43,000 /yr | |
| 402 | 1-bed | 755 sqft | AED 781KAED 780,770 · Sep 2013September 2013 | 35,000 /yr | |
| 403 | 1-bed | 755 sqft | AED 385KAED 385,000 · Feb 2023February 2023 | 42,000 /yr | |
| 404 | 2-bed | 1,009 sqft | AED 775KAED 775,000 · Nov 2023November 2023 | 90,000 /yr | |
| 405 | 2-bed | 1,009 sqft | AED 570KAED 570,000 · Dec 2021December 2021 | 75,000 /yr | |
| 407 | 1-bed | 755 sqft | AED 690KAED 690,000 · Jul 2025July 2025 | 36,000 /yr | |
| 408 | 1-bed | 665 sqft | AED 350KAED 350,000 · May 2021May 2021 | 55,000 /yr | |
| 409 | Studio | 387 sqft | AED 395KAED 395,000 · Jan 2025January 2025 | 42,000 /yr |
406, Al Thamam 02 in numbers
- Sold 3 times: first on 12 June 2013 for AED 791,365, last on 13 May 2024 for AED 580,000 (AED 768 per sqft).
- Rented since February 2014 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2021 and recovered to AED 48,500 by October 2023.
- At AED 48,500 a year the gross yield on the 2024 price is 8.4%, before a service charge of about AED 12,100 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 13 May 2024.
Questions about 406, Al Thamam 02
What did unit 406 last sell for?
AED 580,000 on 13 May 2024: AED 768 per sqft for 755 sqft. The unit has 3 registered sales; the first was AED 791,365 in June 2013.
What is the rent for unit 406?
AED 48,500 a year on the contract renewed on 7 October 2023. The previous contract, from October 2022, was AED 44,000; the unit has been rented since February 2014.
How big is unit 406?
755 sqft (70.1 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.
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Mortgage on 406, Al Thamam 02
Starts from the last sale price (AED 580K, 13 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 580,000
- Deposit, UAE resident (20%)
- AED 116,000
- Deposit, non-resident (40%)
- AED 232,000
- Monthly over 25 years at 3.7%
- AED 2,373
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →