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2-bed · 996 sqftAl Thamam 06, Remraam · 4th floor · completed 2011

407, Al Thamam 06

Sold prices and rental history: sold 3 times, last in May 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 5 January 2025
Last soldAED 930K24 May 2017
Current rentAED 113K /yr5 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Al Thamam 06

What is 407 worth today?

Last sold for AED 930,000 in 2017

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5 Jan 2025RentedRenewal
AED 112,500/yr12 months · AED 112 per sqft
5 Jan 2023RentedRenewal
AED 57,200/yr12 months · AED 57 per sqft
5 Jan 2022RentedNew contract
AED 52,000/yr12 months · AED 52 per sqft
12 Jan 2021RentedNew contract
AED 48,000/yr12 months · AED 48 per sqft
1 Dec 2019RentedNew contract
AED 58,000/yr12 months · AED 58 per sqft
13 Oct 2018RentedRenewal
AED 73,500/yr12 months · AED 73 per sqft
13 Oct 2017RentedNew contract
AED 73,500/yr12 months · AED 73 per sqft
24 May 2017SoldReady
AED 930,000AED 933 per sqft

Source: Dubai Land Department. Updated 5 January 2025.

Key facts

Type
2-bed apartment
Size
996 sqft
Floor
4th of 5
Parking
G-108
Developer
Remraam
Completed
2011
Service charge
AED 16,000 /yr
Last sold
AED 930K · May 2017
Building
Al Thamam 06

About 407, Al Thamam 06

407 is a two-bedroom apartment of 996 sqft on the 4th floor of Al Thamam 06, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 24 May 2017 for AED 930,000, or AED 933 per sqft.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 5 January 2025, is AED 112,500 a year: a gross yield of 12.1% on the 2017 price, before the service charge of about AED 16,000 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Al Thamam 06
500K1M2009201220152018Typical sale price by year: 2009 AED 891,091; 2013 AED 1,031,454; 2014 AED 437,982; 2017 AED 693,750Sold by developer, April 2009: AED 891,091 (AED 894 per sqft)Sold, February 2014: AED 437,982 (AED 439 per sqft)Sold, May 2017: AED 930,000 (AED 933 per sqft)

407 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 407, each contractTypical two-bed in Al Thamam 06
50K100K2013201720212025Typical rent by year: 2013 AED 62,500; 2014 AED 70,000; 2015 AED 84,000; 2016 AED 82,000; 2017 AED 82,500; 2018 AED 70,000; 2019 AED 63,500; 2020 AED 60,000; 2021 AED 50,071; 2022 AED 55,500; 2023 AED 58,600; 2024 AED 70,575; 2025 AED 71,500New contract, October 2013: AED 65,000 a yearRenewal, October 2014: AED 65,000 a yearNew contract, October 2015: AED 70,000 a yearRenewal, October 2016: AED 73,500 a yearNew contract, October 2017: AED 73,500 a yearRenewal, October 2018: AED 73,500 a yearNew contract, December 2019: AED 58,000 a yearNew contract, January 2021: AED 48,000 a yearNew contract, January 2022: AED 52,000 a yearRenewal, January 2023: AED 57,200 a yearRenewal, January 2025: AED 112,500 a year

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 06, and where 407 sits

All 15 2-beds →

407's AED 112,500 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Jul 2025702,000
25 Jun 2024960,000
20 Mar 20241,100,000
8 Sep 2022775,000
0 2-bed sales in the last 12 months

Al Thamam 06

Building

60 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 878
Typical sale
AED 1.13M
Typical rent
AED 76K /yr
Typical yield
7.5%
Al Thamam 06, Remraam: prices, sales and rents →

Other units on the 4th floor

All 60 units in Al Thamam 06
Value
401StudioAED 425K · Apr 2024
4021-bedAED 650K · Jan 2025
4031-bedAED 650K · Jan 2025
4042-bedAED 458K · Jun 2017
4051-bedAED 315K · May 2017
4061-bedAED 550K · Feb 2024
4081-bedAED 725K · May 2017
1–7 of 10

407, Al Thamam 06 in numbers

  • Sold 3 times: first on 8 April 2009 for AED 891,091, last on 24 May 2017 for AED 930,000 (AED 933 per sqft).
  • Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 65,000 to AED 48,000 in 2021 and recovered to AED 112,500 by January 2025.
  • At AED 112,500 a year the gross yield on the 2017 price is 12.1%, before a service charge of about AED 16,000 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 5 January 2025.

Questions about 407, Al Thamam 06

What did unit 407 last sell for?

AED 930,000 on 24 May 2017: AED 933 per sqft for 996 sqft. The unit has 3 registered sales; the first was AED 891,091 in April 2009.

What is the rent for unit 407?

AED 112,500 a year on the contract renewed on 5 January 2025. The previous contract, from January 2023, was AED 57,200; the unit has been rented since October 2013.

How big is unit 407?

996 sqft (92.5 sqm): a two-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.

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Mortgage on 407, Al Thamam 06

Starts from the last sale price (AED 930K, 24 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →