1-bed · 758 sqftAl Thamam 49, Remraam · 4th floor · completed 2011

407, Al Thamam 49

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 615K28 August 2024
Current rentAED 49K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Al Thamam 49

What is 407 worth today?

Last sold for AED 615,000 in 2024

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10 Sep 2024RentedNew contract
AED 48,500/yr12 months · AED 64 per sqft
28 Aug 2024SoldReady
AED 615,000AED 811 per sqft
10 Sep 2023RentedNew contract
AED 48,500/yr12 months · AED 64 per sqft
1 May 2022RentedNew contract
AED 35,000/yr12 months · AED 46 per sqft
15 Dec 2021RentedNew contract
AED 32,000/yr12 months · AED 42 per sqft
20 Oct 2020RentedRenewal
AED 34,000/yr12 months · AED 45 per sqft
20 Oct 2019RentedNew contract
AED 40,000/yr12 months · AED 53 per sqft
1 Feb 2018RentedNew contract
AED 56,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
4th of 7
Parking
G-100
Developer
Remraam
Completed
2011
Service charge
AED 12,200 /yr
Last sold
AED 615K · August 2024
Building
Al Thamam 49

About 407, Al Thamam 49

407 is a one-bedroom apartment of 758 sqft on the 4th floor of Al Thamam 49, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 28 August 2024 for AED 615,000, or AED 811 per sqft, 13% above the AED 715 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 10 September 2024, is AED 48,500 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 12,200 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Al Thamam 49
400K600K2009201420192024Typical sale price by year: 2009 AED 718,500; 2012 AED 718,659; 2013 AED 582,675; 2014 AED 651,399; 2017 AED 600,000; 2021 AED 333,000; 2023 AED 450,000; 2024 AED 600,000; 2025 AED 620,000Sold by developer, March 2010: AED 359,250 (AED 473 per sqft)Sold, June 2014: AED 603,937 (AED 796 per sqft)Sold, August 2024: AED 615,000 (AED 811 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Al Thamam 49
40K60K2012201620202024Typical rent by year: 2012 AED 36,000; 2013 AED 45,000; 2014 AED 54,500; 2015 AED 55,000; 2016 AED 56,000; 2017 AED 56,000; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 35,000; 2021 AED 32,500; 2022 AED 36,000; 2023 AED 43,500; 2024 AED 47,000; 2025 AED 51,752New contract, July 2014: AED 63,000 a yearNew contract, August 2017: AED 59,000 a yearNew contract, February 2018: AED 56,000 a yearNew contract, October 2019: AED 40,000 a yearRenewal, October 2020: AED 34,000 a yearNew contract, December 2021: AED 32,000 a yearNew contract, May 2022: AED 35,000 a yearNew contract, September 2023: AED 48,500 a yearNew contract, September 2024: AED 48,500 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 49, and where 407 sits

All 28 1-beds →

407 last sold in August 2024 at AED 811 per sqft, 13% above what one-beds in Al Thamam 49 were fetching at the time (AED 715). Over the last 12 months one-beds sold for AED 630,000 to 750,000, around AED 956 per sqft, and rent for AED 55,000 to 65,000 a year. 407's AED 48,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jan 2026750,000
21 Jul 2025580,000
1 Jul 2025760,000
18 Jun 2025660,000
2 1-bed sales in the last 12 months

Al Thamam 49

Building

62 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.

Typical price per sqft
AED 965
Typical sale
AED 630K
Typical rent
AED 63K /yr
Typical yield
6.4%
Al Thamam 49, Remraam: prices, sales and rents →

Other units on the 4th floor

All 62 units in Al Thamam 49
Value
401AED 630K · Dec 2025
4021-bedAED 600K · Sep 2024
4031-bedAED 600K · May 2024
4042-bedAED 990K · Jun 2025
4052-bedAED 49K · Dec 2025
4061-bedAED 695K · Mar 2013
4081-bedAED 548K · Feb 2014
1–7 of 8

407, Al Thamam 49 in numbers

  • Sold 3 times: first on 18 March 2010 for AED 359,250, last on 28 August 2024 for AED 615,000 (AED 811 per sqft).
  • Rented since July 2014 on 9 Ejari contracts. The rent fell from AED 63,000 to AED 32,000 in 2021 and recovered to AED 48,500 by September 2024.
  • At AED 48,500 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 12,200 a year (AED 16.07 per sqft).
  • One-beds in Al Thamam 49 sold for AED 630,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 965 per sqft.

Source: Dubai Land Department. Updated 10 September 2024.

Questions about 407, Al Thamam 49

What did unit 407 last sell for?

AED 615,000 on 28 August 2024: AED 811 per sqft for 758 sqft. The unit has 3 registered sales; the first was AED 359,250 in March 2010.

What is the rent for unit 407?

AED 48,500 a year on the contract signed on 10 September 2024. The previous contract, from September 2023, was AED 48,500; the unit has been rented since July 2014.

How big is unit 407?

758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 7-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. One-beds in Al Thamam 49 sold for AED 630,000 to 750,000 in the last 12 months, around AED 956 per sqft.

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Mortgage on 407, Al Thamam 49

Starts from the last sale price (AED 615K, 28 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 615,000
Deposit, UAE resident (20%)
AED 123,000
Deposit, non-resident (40%)
AED 246,000
Monthly over 25 years at 3.7%
AED 2,516

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