408, Al Thamam 14
Sold prices and rental history: sold once, by the developer in May 2009, 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 14
What is 408 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 11 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,106 sqft
- Floor
- 4th of 6
- Parking
- G-107
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 17,800 /yr
- Last sold
- AED 777K · May 2009
- Building
- Al Thamam 14
About 408, Al Thamam 14
408 is a one-bedroom apartment of 1,106 sqft on the 4th floor of Al Thamam 14, a 6-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 20 May 2009 for AED 777,220, or AED 703 per sqft, 23% below the AED 914 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 11 February 2024, is AED 46,209 a year: a gross yield of 5.9% on the 2009 price, before the service charge of about AED 17,800 a year.
Sales and rents for 408 over time
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 14, and where 408 sits
All 26 1-beds →408 last sold in May 2009 at AED 703 per sqft, 23% below what one-beds in Al Thamam 14 were fetching at the time (AED 914).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 May 200920 May 2009 | 989 sqft | 655,774 | 663 | ||
| 20 May 200920 May 2009 | 675 sqft | 620,832 | 920 | ||
| 20 May 200920 May 2009 | 707 sqft | 636,669 | 900 | ||
| 20 May 200920 May 2009 | 787 sqft | 722,017 | 917 |
Al Thamam 14
Building71 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 68K /yr
- Typical yield
Other units on the 4th floor
All 71 units in Al Thamam 14| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 494 sqft | AED 449KAED 448,958 · May 2009May 2009 | 40,000 /yr | |
| 402 | 1-bed | 1,143 sqft | AED 812KAED 812,456 · May 2009May 2009 | 45,738 /yr | |
| 403 | 1-bed | 1,105 sqft | AED 777KAED 777,220 · May 2009May 2009 | 42,350 /yr | |
| 404 | 2-bed | 1,004 sqft | AED 892KAED 892,447 · May 2009May 2009 | 58,443 /yr | |
| 405 | 1-bed | 675 sqft | AED 617KAED 616,801 · May 2009May 2009 | 45,150 /yr | |
| 406 | 1-bed | 675 sqft | AED 617KAED 616,801 · May 2009May 2009 | 43,010 /yr | |
| 407 | 2-bed | 1,004 sqft | AED 892KAED 892,447 · May 2009May 2009 | 57,906 /yr | |
| 409 | 1-bed | 1,142 sqft | AED 812KAED 812,456 · May 2009May 2009 | 53,143 /yr | |
| 410 | Studio | 494 sqft | AED 449KAED 448,958 · May 2009May 2009 | 45,000 /yr | |
| 411 | Studio | 405 sqft | AED 375KAED 375,000 · Oct 2024October 2024 | 32,761 /yr |
408, Al Thamam 14 in numbers
- Sold once: by Remraam on 20 May 2009 for AED 777,220, or AED 703 per sqft.
- Rented since October 2018 on 5 Ejari contracts. The rent fell from AED 53,000 to AED 38,000 in 2021 and recovered to AED 46,209 by February 2024.
- At AED 46,209 a year the gross yield on the 2009 price is 5.9%, before a service charge of about AED 17,800 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 11 February 2024.
Questions about 408, Al Thamam 14
What did unit 408 last sell for?
AED 777,220 on 20 May 2009, sold by the developer: AED 703 per sqft for 1,106 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 46,209 a year on the contract renewed on 11 February 2024. The previous contract, from February 2022, was AED 41,800; the unit has been rented since October 2018.
How big is unit 408?
1,106 sqft (102.8 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.
Selling 408? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 408, Al Thamam 14
Starts from the last sale price (AED 777K, 20 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 777,220
- Deposit, UAE resident (20%)
- AED 155,444
- Deposit, non-resident (40%)
- AED 310,888
- Monthly over 25 years at 3.7%
- AED 3,180
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →