411, Al Thamam 16
Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 411, Al Thamam 16
What is 411 worth today?
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Source: Dubai Land Department. Updated 25 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 405 sqft
- Floor
- 4th of 5
- Parking
- G-129
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 6,500 /yr
- Last sold
- AED 380K · July 2013
- Building
- Al Thamam 16
About 411, Al Thamam 16
411 is a studio of 405 sqft on the 4th floor of Al Thamam 16, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 10 July 2013 for AED 379,500, or AED 936 per sqft, 4% below the AED 978 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 25 December 2024, is AED 28,980 a year: a gross yield of 7.6% on the 2013 price, before the service charge of about AED 6,500 a year.
Sales and rents for 411 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 16, and where 411 sits
All 14 studios →411 last sold in July 2013 at AED 936 per sqft, 4% below what studios in Al Thamam 16 were fetching at the time (AED 978). 411's AED 28,980 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Oct 202417 October 2024 | 405 sqft | 400,000 | 987 | ||
| 22 Feb 202422 February 2024 | 493 sqft | 415,000 | 841 | ||
| 26 Sep 202326 September 2023 | 405 sqft | 377,000 | 930 | ||
| 9 Dec 20229 December 2022 | 493 sqft | 315,000 | 638 |
Al Thamam 16
Building60 apartments, studios to 3-bed over 5 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 61K /yr
- Typical yield
Other units on the 4th floor
All 60 units in Al Thamam 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 493 sqft | AED 489KAED 489,000 · Mar 2013March 2013 | 36,000 /yr | |
| 402 | 1-bed | 768 sqft | AED 440KAED 440,000 · Feb 2023February 2023 | 60,000 /yr | |
| 403 | 1-bed | 764 sqft | AED 692KAED 691,935 · Apr 2013April 2013 | 40,000 /yr | |
| 404 | 2-bed | 996 sqft | AED 1.05MAED 1,050,000 · May 2017May 2017 | 90,000 /yr | |
| 405 | 1-bed | 675 sqft | AED 365KAED 365,000 · Nov 2021November 2021 | 64,000 /yr | |
| 406 | 1-bed | 675 sqft | AED 689KAED 689,490 · Mar 2014March 2014 | 46,200 /yr | |
| 407 | 2-bed | 996 sqft | AED 700KAED 700,000 · Apr 2013April 2013 | 65,000 /yr | |
| 408 | 1-bed | 764 sqft | AED 582KAED 582,160 · Apr 2013April 2013 | 62,000 /yr | |
| 409 | 1-bed | 768 sqft | AED 465KAED 465,000 · Jul 2023July 2023 | 38,000 /yr | |
| 410 | Studio | 493 sqft | AED 315KAED 315,000 · Dec 2022December 2022 | 35,000 /yr |
411, Al Thamam 16 in numbers
- Sold once: by Remraam on 10 July 2013 for AED 379,500, or AED 936 per sqft.
- Rented since October 2013 on 7 Ejari contracts. The rent fell from AED 30,000 to AED 17,000 in 2020 and recovered to AED 28,980 by December 2024.
- At AED 28,980 a year the gross yield on the 2013 price is 7.6%, before a service charge of about AED 6,500 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 25 December 2024.
Questions about 411, Al Thamam 16
What did unit 411 last sell for?
AED 379,500 on 10 July 2013, sold by the developer: AED 936 per sqft for 405 sqft. It is the only registered sale of the unit.
What is the rent for unit 411?
AED 28,980 a year on the contract renewed on 25 December 2024. The previous contract, from December 2023, was AED 25,200; the unit has been rented since October 2013.
How big is unit 411?
405 sqft (37.6 sqm): a studio on the 4th floor of a 5-storey tower completed in 2011.
What is unit 411 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 411, Al Thamam 16
Starts from the last sale price (AED 380K, 10 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 379,500
- Deposit, UAE resident (20%)
- AED 75,900
- Deposit, non-resident (40%)
- AED 151,800
- Monthly over 25 years at 3.7%
- AED 1,553
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →