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1-bed · 758 sqftAl Thamam 51, Remraam · 4th floor · completed 2011

407, Al Thamam 51

Sold prices and rental history: sold twice, last in December 2013, 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 1 February 2024
Last soldAED 302K30 December 2013
Current rentAED 42K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Al Thamam 51

What is 407 worth today?

Last sold for AED 301,946 in 2013

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1 Feb 2024RentedRenewal
AED 41,800/yr12 months · AED 55 per sqft
1 Feb 2023RentedNew contract
AED 38,000/yr12 months · AED 50 per sqft
30 Sep 2021RentedNew contract
AED 35,000/yr12 months · AED 46 per sqft
30 Aug 2020RentedNew contract
AED 35,077/yr13 months · AED 46 per sqft
30 Aug 2019RentedNew contract
AED 44,000/yr12 months · AED 58 per sqft
30 Aug 2018RentedNew contract
AED 52,000/yr12 months · AED 69 per sqft
30 Aug 2017RentedRenewal
AED 57,000/yr12 months · AED 75 per sqft
30 Aug 2016RentedRenewal
AED 57,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
4th of 5
Parking
G-63
Developer
Remraam
Completed
2011
Service charge
AED 12,200 /yr
Last sold
AED 302K · December 2013
Building
Al Thamam 51

About 407, Al Thamam 51

407 is a one-bedroom apartment of 758 sqft on the 4th floor of Al Thamam 51, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 30 December 2013 for AED 301,946, or AED 398 per sqft, in line with the AED 388 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 41,800 a year: a gross yield of 13.8% on the 2013 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 51
400K600K2009201120132015Typical sale price by year: 2009 AED 424,390; 2013 AED 387,208; 2014 AED 591,652; 2015 AED 622,329Sold by developer, June 2009: AED 359,250 (AED 473 per sqft)Sold, December 2013: AED 301,946 (AED 398 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Al Thamam 51
40K60K2013201720212025Typical rent by year: 2013 AED 48,000; 2014 AED 58,500; 2015 AED 60,000; 2016 AED 57,000; 2017 AED 57,000; 2018 AED 52,000; 2019 AED 43,000; 2020 AED 35,077; 2021 AED 33,750; 2022 AED 38,000; 2023 AED 40,000; 2024 AED 45,275; 2025 AED 48,300New contract, February 2014: AED 60,000 a yearRenewal, February 2015: AED 60,000 a yearNew contract, August 2015: AED 57,000 a yearRenewal, August 2016: AED 57,000 a yearRenewal, August 2017: AED 57,000 a yearNew contract, August 2018: AED 52,000 a yearNew contract, August 2019: AED 44,000 a yearNew contract, August 2020: AED 35,077 a yearNew contract, September 2021: AED 35,000 a yearNew contract, February 2023: AED 38,000 a yearRenewal, February 2024: AED 41,800 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 51, and where 407 sits

All 19 1-beds →

407 last sold in December 2013 at AED 398 per sqft, in line with what one-beds in Al Thamam 51 were fetching at the time (AED 388).

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jun 2025635,000
22 Apr 2025680,000
24 Mar 2023390,000
16 Aug 2022499,000
0 1-bed sales in the last 12 months

Al Thamam 51

Building

47 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 981
Typical sale
AED 460K
Typical rent
AED 48K /yr
Typical yield
8.1%
Al Thamam 51, Remraam: prices, sales and rents →

Other units on the 4th floor

All 47 units in Al Thamam 51
Value
4011-bedAED 750K · Aug 2014
4021-bedAED 695K · Feb 2015
403AED 700K · Sep 2025
4042-bedAED 915K · Jan 2025
4052-bedAED 830K · May 2016
4061-bedAED 400K · Aug 2022
4081-bedAED 299K · Nov 2012
1–7 of 8

407, Al Thamam 51 in numbers

  • Sold twice: first on 15 June 2009 for AED 359,250, last on 30 December 2013 for AED 301,946 (AED 398 per sqft).
  • Rented since February 2014 on 11 Ejari contracts. The rent fell from AED 60,000 to AED 35,000 in 2021 and recovered to AED 41,800 by February 2024.
  • At AED 41,800 a year the gross yield on the 2013 price is 13.8%, before a service charge of about AED 12,200 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 1 February 2024.

Questions about 407, Al Thamam 51

What did unit 407 last sell for?

AED 301,946 on 30 December 2013: AED 398 per sqft for 758 sqft. The unit has 2 registered sales; the first was AED 359,250 in June 2009.

What is the rent for unit 407?

AED 41,800 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 38,000; the unit has been rented since February 2014.

How big is unit 407?

758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 5-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.

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Mortgage on 407, Al Thamam 51

Starts from the last sale price (AED 302K, 30 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 301,946
Deposit, UAE resident (20%)
AED 60,389
Deposit, non-resident (40%)
AED 120,778
Monthly over 25 years at 3.7%
AED 1,235

Plus AED 15,592 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →