408, Al Thamam 08
Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Al Thamam 08
What is 408 worth today?
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Source: Dubai Land Department. Updated 25 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,105 sqft
- Floor
- 4th of 6
- Parking
- G-132
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 17,800 /yr
- Last sold
- AED 742K · December 2013
- Building
- Al Thamam 08
About 408, Al Thamam 08
408 is a one-bedroom apartment of 1,105 sqft on the 4th floor of Al Thamam 08, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 26 December 2013 for AED 741,656, or AED 670 per sqft, in line with the AED 678 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 25 February 2024, is AED 62,000 a year: a gross yield of 8.4% on the 2013 price, before the service charge of about AED 17,800 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 08, and where 408 sits
All 26 1-beds →408 last sold in December 2013 at AED 670 per sqft, in line with what one-beds in Al Thamam 08 were fetching at the time (AED 678). Over the last 12 months one-beds sold for AED 620,000, around AED 924 per sqft, and rent for AED 45,726 to 75,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Dec 202529 December 2025 | 670 sqft | 620,000 | 924 | ||
| 7 Nov 20247 November 2024 | 783 sqft | 650,000 | 830 | ||
| 4 Jul 20244 July 2024 | 707 sqft | 525,000 | 742 | ||
| 22 Nov 202322 November 2023 | 787 sqft | 540,000 | 686 |
Al Thamam 08
Building71 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.
- Typical price per sqft
- AED 924
- Typical sale
- AED 620K
- Typical rent
- AED 85K /yr
- Typical yield
- 7.0%
Other units on the 4th floor
All 71 units in Al Thamam 08| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 494 sqft | AED 428KAED 428,417 · Dec 2013December 2013 | 32,890 /yr | |
| 402 | 1-bed | 1,142 sqft | AED 775KAED 775,279 · Dec 2013December 2013 | 48,000 /yr | |
| 403 | 1-bed | 1,106 sqft | AED 742KAED 741,656 · Dec 2013December 2013 | 42,000 /yr | |
| 404 | 2-bed | 1,004 sqft | AED 851KAED 851,326 · Dec 2013December 2013 | 45,000 /yr | |
| 405 | 1-bed | 675 sqft | AED 589KAED 588,582 · Dec 2013December 2013 | 42,000 /yr | |
| 406 | 1-bed | 675 sqft | AED 589KAED 588,581 · Dec 2013December 2013 | 42,000 /yr | |
| 407 | 2-bed | 1,004 sqft | AED 851KAED 851,326 · Dec 2013December 2013 | 42,000 /yr | |
| 409 | 1-bed | 1,143 sqft | AED 775KAED 775,279 · Dec 2013December 2013 | 62,000 /yr | |
| 410 | Studio | 494 sqft | AED 428KAED 428,417 · Dec 2013December 2013 | 33,000 /yr | |
| 411 | Studio | 405 sqft | AED 352KAED 352,268 · Dec 2013December 2013 | 20,000 /yr |
408, Al Thamam 08 in numbers
- Sold twice: first on 10 April 2009 for AED 741,657, last on 26 December 2013 for AED 741,656 (AED 670 per sqft).
- Rented since February 2018 on 6 Ejari contracts. The rent fell from AED 62,769 to AED 42,000 in 2023 and recovered to AED 62,000 by February 2024.
- At AED 62,000 a year the gross yield on the 2013 price is 8.4%, before a service charge of about AED 17,800 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 08 sold for AED 620,000–620,000 in the 12 months to November 2026; the building's median across all types is AED 924 per sqft.
Source: Dubai Land Department. Updated 25 February 2024.
Questions about 408, Al Thamam 08
What did unit 408 last sell for?
AED 741,656 on 26 December 2013: AED 670 per sqft for 1,105 sqft. The unit has 2 registered sales; the first was AED 741,657 in April 2009.
What is the rent for unit 408?
AED 62,000 a year on the contract signed on 25 February 2024. The previous contract, from January 2023, was AED 42,000; the unit has been rented since February 2018.
How big is unit 408?
1,105 sqft (102.7 sqm): a one-bedroom apartment on the 4th floor of a 6-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 08 sold for AED 620,000 to 620,000 in the last 12 months, around AED 924 per sqft.
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Mortgage on 408, Al Thamam 08
Starts from the last sale price (AED 742K, 26 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 741,656
- Deposit, UAE resident (20%)
- AED 148,331
- Deposit, non-resident (40%)
- AED 296,662
- Monthly over 25 years at 3.7%
- AED 3,034
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →