408, Al Thamam 03
Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Al Thamam 03
What is 408 worth today?
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Source: Dubai Land Department. Updated 15 May 2025.
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 305K · June 2016
- Building
- Al Thamam 03
About 408, Al Thamam 03
408 is a one-bedroom apartment of 665 sqft on the 4th floor of Al Thamam 03, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 7 June 2016 for AED 305,000, or AED 458 per sqft, 50% below the AED 907 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 15 May 2025, is AED 46,000 a year: a gross yield of 15.1% on the 2016 price, before the service charge of about AED 10,700 a year.
Sales and rents for 408 over time
408 has sold twice; 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 408 sits
All 20 1-beds →408 last sold in June 2016 at AED 458 per sqft, 50% below what one-beds in Al Thamam 03 were fetching at the time (AED 907). 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 | |
| 407 | 1-bed | 758 sqft | AED 610KAED 610,000 · Apr 2024April 2024 | 60,000 /yr | |
| 409 | Studio | 468 sqft | AED 280KAED 280,000 · Jun 2022June 2022 | 38,000 /yr |
408, Al Thamam 03 in numbers
- Sold twice: first on 18 May 2015 for AED 765,795, last on 7 June 2016 for AED 305,000 (AED 458 per sqft).
- Rented since June 2016 on 4 Ejari contracts, from AED 58,000 to AED 46,000 a year.
- At AED 46,000 a year the gross yield on the 2016 price is 15.1%, before a service charge of about AED 10,700 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 15 May 2025.
Questions about 408, Al Thamam 03
What did unit 408 last sell for?
AED 305,000 on 7 June 2016: AED 458 per sqft for 665 sqft. The unit has 2 registered sales; the first was AED 765,795 in May 2015.
What is the rent for unit 408?
AED 46,000 a year on the contract renewed on 15 May 2025. The previous contract, from May 2023, was AED 42,000; the unit has been rented since June 2016.
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 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 408, Al Thamam 03
Starts from the last sale price (AED 305K, 7 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 305,000
- Deposit, UAE resident (20%)
- AED 61,000
- Deposit, non-resident (40%)
- AED 122,000
- Monthly over 25 years at 3.7%
- AED 1,248
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →