407, Al Thamam 03
Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Al Thamam 03
What is 407 worth today?
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Source: Dubai Land Department. Updated 10 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 758 sqft
- Floor
- 4th of 5
- Parking
- G-63
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,200 /yr
- Last sold
- AED 610K · April 2024
- Building
- Al Thamam 03
About 407, Al Thamam 03
407 is a one-bedroom apartment of 758 sqft on the 4th floor of Al Thamam 03, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 24 April 2024 for AED 610,000, or AED 804 per sqft, 16% above the AED 695 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 10 May 2025, is AED 60,000 a year: a gross yield of 9.8% on the 2024 price, before the service charge of about AED 12,200 a year.
Sales and rents for 407 over time
407 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 03, and where 407 sits
All 20 1-beds →407 last sold in April 2024 at AED 804 per sqft, 16% above what one-beds in Al Thamam 03 were fetching at the time (AED 695). Over the last 12 months one-beds sold for AED 675,000, around AED 979 per sqft, and rent for AED 54,000 to 58,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 689 sqft | 675,000 | 979 | ||
| 16 May 202516 May 2025 | 777 sqft | 730,000 | 939 | ||
| 24 Apr 202524 April 2025 | 758 sqft | 700,000 | 923 | ||
| 16 Dec 202416 December 2024 | 1,158 sqft | 750,000 | 647 |
Al Thamam 03
Building46 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 979
- Typical sale
- AED 675K
- Typical rent
- AED 56K /yr
- Typical yield
- 8.3%
Other units on the 4th floor
All 46 units in Al Thamam 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 689 sqft | AED 625KAED 625,000 · May 2016May 2016 | ||
| 402 | 1-bed | 758 sqft | AED 425KAED 425,000 · Sep 2022September 2022 | 50,000 /yr | |
| 403 | 758 sqft | AED 735KAED 735,000 · Sep 2025September 2025 | 41,800 /yr | ||
| 404 | 2-bed | 1,006 sqft | AED 950KAED 950,000 · May 2025May 2025 | 65,000 /yr | |
| 405 | 2-bed | 1,006 sqft | AED 975KAED 975,000 · Sep 2016September 2016 | 48,300 /yr | |
| 406 | 1-bed | 758 sqft | AED 700KAED 700,000 · Apr 2025April 2025 | 64,000 /yr | |
| 408 | 1-bed | 665 sqft | AED 305KAED 305,000 · Jun 2016June 2016 | 46,000 /yr | |
| 409 | Studio | 468 sqft | AED 280KAED 280,000 · Jun 2022June 2022 | 38,000 /yr |
407, Al Thamam 03 in numbers
- Sold 3 times: first on 8 April 2009 for AED 684,973, last on 24 April 2024 for AED 610,000 (AED 804 per sqft).
- Rented since May 2013 on 11 Ejari contracts. The rent fell from AED 42,000 to AED 30,000 in 2021 and recovered to AED 60,000 by May 2025.
- At AED 60,000 a year the gross yield on the 2024 price is 9.8%, before a service charge of about AED 12,200 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 03 sold for AED 675,000–675,000 in the 12 months to November 2026; the building's median across all types is AED 979 per sqft.
Source: Dubai Land Department. Updated 10 May 2025.
Questions about 407, Al Thamam 03
What did unit 407 last sell for?
AED 610,000 on 24 April 2024: AED 804 per sqft for 758 sqft. The unit has 3 registered sales; the first was AED 684,973 in April 2009.
What is the rent for unit 407?
AED 60,000 a year on the contract signed on 10 May 2025. The previous contract, from May 2024, was AED 60,000; the unit has been rented since May 2013.
How big is unit 407?
758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.
What is unit 407 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 03 sold for AED 675,000 to 675,000 in the last 12 months, around AED 979 per sqft.
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Mortgage on 407, Al Thamam 03
Starts from the last sale price (AED 610K, 24 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 610,000
- Deposit, UAE resident (20%)
- AED 122,000
- Deposit, non-resident (40%)
- AED 244,000
- Monthly over 25 years at 3.7%
- AED 2,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →