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1-bed · 689 sqftAl Thamam 32, Remraam · 4th floor · completed 2011

408, Al Thamam 32

Sold prices and rental history: sold 3 times, last in September 2014, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 20 October 2021
Last soldAED 680K16 September 2014
Current rentAED 24K /yr20 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Al Thamam 32

What is 408 worth today?

Last sold for AED 680,000 in 2014

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20 Oct 2021RentedRenewal
AED 24,000/yr12 months · AED 35 per sqft
20 Oct 2020RentedNew contract
AED 25,000/yr12 months · AED 36 per sqft
16 Sep 2014SoldReady
AED 680,000AED 987 per sqft
15 Apr 2014SoldReady
AED 266,695AED 387 per sqft
15 Jun 2009Sold by developerOff-plan
AED 311,712AED 452 per sqft

Source: Dubai Land Department. Updated 20 October 2021.

Key facts

Type
1-bed apartment
Size
689 sqft
Floor
4th of 5
Parking
G-85
Developer
Remraam
Completed
2011
Service charge
AED 11,100 /yr
Last sold
AED 680K · September 2014
Building
Al Thamam 32

About 408, Al Thamam 32

408 is a one-bedroom apartment of 689 sqft on the 4th floor of Al Thamam 32, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 16 September 2014 for AED 680,000, or AED 987 per sqft, 27% above the AED 775 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 20 October 2021, is AED 24,000 a year: a gross yield of 3.5% on the 2014 price, before the service charge of about AED 11,100 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Al Thamam 32
200K400K600K20092013201720212025Typical sale price by year: 2009 AED 619,154; 2013 AED 648,601; 2014 AED 679,206; 2016 AED 700,000; 2017 AED 595,000; 2024 AED 575,000Sold by developer, June 2009: AED 311,712 (AED 452 per sqft)Sold, April 2014: AED 266,695 (AED 387 per sqft)Sold, September 2014: AED 680,000 (AED 987 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in Al Thamam 32
20K40K60K2013201720212025Typical rent by year: 2013 AED 41,884; 2014 AED 57,000; 2015 AED 53,500; 2016 AED 57,500; 2017 AED 58,000; 2018 AED 56,000; 2019 AED 45,000; 2020 AED 39,000; 2021 AED 32,000; 2022 AED 35,500; 2023 AED 40,700; 2024 AED 47,625; 2025 AED 55,000New contract, October 2020: AED 25,000 a yearRenewal, October 2021: AED 24,000 a year

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 32, and where 408 sits

All 18 1-beds →

408 last sold in September 2014 at AED 987 per sqft, 27% above what one-beds in Al Thamam 32 were fetching at the time (AED 775). Over the last 12 months one-beds sold for AED 800,000, around AED 677 per sqft, and rent for AED 50,000 to 50,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Apr 2025615,000
5 Dec 2024650,000
4 Nov 2024590,000
25 Sep 2024450,000
1 1-bed sale in the last 12 months

Al Thamam 32

Building

46 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 677
Typical sale
AED 800K
Typical rent
AED 85K /yr
Typical yield
10.8%
Al Thamam 32, Remraam: prices, sales and rents →

Other units on the 4th floor

All 46 units in Al Thamam 32
Value
4011-bedAED 595K · Nov 2017
4021-bedAED 700K · Mar 2016
4031-bedAED 590K · Nov 2024
4042-bedAED 860K · Jan 2013
4052-bedAED 860K · Jan 2013
4061-bedAED 720K · Aug 2016
4071-bedAED 560K · Jan 2024
1–7 of 8

408, Al Thamam 32 in numbers

  • Sold 3 times: first on 15 June 2009 for AED 311,712, last on 16 September 2014 for AED 680,000 (AED 987 per sqft).
  • Rented since October 2020 on 2 Ejari contracts, from AED 25,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2014 price is 3.5%, before a service charge of about AED 11,100 a year (AED 16.07 per sqft).
  • One-beds in Al Thamam 32 sold for AED 800,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 677 per sqft.

Source: Dubai Land Department. Updated 20 October 2021.

Questions about 408, Al Thamam 32

What did unit 408 last sell for?

AED 680,000 on 16 September 2014: AED 987 per sqft for 689 sqft. The unit has 3 registered sales; the first was AED 311,712 in June 2009.

What is the rent for unit 408?

AED 24,000 a year on the contract renewed on 20 October 2021. The previous contract, from October 2020, was AED 25,000.

How big is unit 408?

689 sqft (64.0 sqm): a one-bedroom apartment on the 4th floor of a 5-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 32 sold for AED 800,000 to 800,000 in the last 12 months, around AED 677 per sqft.

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Mortgage on 408, Al Thamam 32

Starts from the last sale price (AED 680K, 16 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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