409, Al Thamam 03
Sold prices and rental history: sold 3 times, last in June 2022, and rented once, from August 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Al Thamam 03
What is 409 worth today?
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Source: Dubai Land Department. Updated 6 June 2022.
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 280K · June 2022
- Building
- Al Thamam 03
About 409, Al Thamam 03
409 is a studio of 468 sqft on the 4th floor of Al Thamam 03, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 6 June 2022 for AED 280,000, or AED 597 per sqft.
One Ejari contract is registered, from 15 August 2017. The current contract, signed on 15 August 2017, is AED 38,000 a year: a gross yield of 13.6% on the 2022 price, before the service charge of about AED 7,500 a year.
Sales and rents for 409 over time
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Thamam 03, and where 409 sits
All 4 studios →| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jul 202522 July 2025 | 468 sqft | 475,000 | 1,013 | ||
| 5 Mar 20245 March 2024 | 468 sqft | 420,000 | 897 | ||
| 5 Jun 20165 June 2016 | 468 sqft | 460,000 | 981 | ||
| 26 Nov 201426 November 2014 | 468 sqft | 558,600 | 1,192 |
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 | |
| 408 | 1-bed | 665 sqft | AED 305KAED 305,000 · Jun 2016June 2016 | 46,000 /yr |
409, Al Thamam 03 in numbers
- Sold 3 times: first on 28 December 2014 for AED 558,600, last on 6 June 2022 for AED 280,000 (AED 597 per sqft).
- Rented since August 2017 on one Ejari contract, at AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2022 price is 13.6%, before a service charge of about AED 7,500 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 6 June 2022.
Questions about 409, Al Thamam 03
What did unit 409 last sell for?
AED 280,000 on 6 June 2022: AED 597 per sqft for 468 sqft. The unit has 3 registered sales; the first was AED 558,600 in December 2014.
What is the rent for unit 409?
AED 38,000 a year on the contract signed on 15 August 2017.
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.
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Mortgage on 409, Al Thamam 03
Starts from the last sale price (AED 280K, 6 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 280,000
- Deposit, UAE resident (20%)
- AED 56,000
- Deposit, non-resident (40%)
- AED 112,000
- Monthly over 25 years at 3.7%
- AED 1,146
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →