407, Al Thamam 55
Sold prices and rental history: sold 3 times, last in July 2020, 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 407, Al Thamam 55
What is 407 worth today?
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Source: Dubai Land Department. Updated 12 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 756 sqft
- Floor
- 4th of 5
- Parking
- G-63
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,100 /yr
- Last sold
- AED 370K · July 2020
- Building
- Al Thamam 55
About 407, Al Thamam 55
407 is a one-bedroom apartment of 756 sqft on the 4th floor of Al Thamam 55, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 27 July 2020 for AED 370,000, or AED 489 per sqft.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 12 March 2025, is AED 48,000 a year: a gross yield of 13.0% on the 2020 price, before the service charge of about AED 12,100 a year.
Sales and rents for 407 over time
407 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 55, and where 407 sits
All 18 1-beds →407's AED 48,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202414 October 2024 | 1,129 sqft | 690,000 | 611 | ||
| 7 Jul 20237 July 2023 | 1,156 sqft | 505,000 | 436 | ||
| 2 May 20212 May 2021 | 668 sqft | 360,000 | 538 | ||
| 2 Sep 20202 September 2020 | 669 sqft | 330,000 | 493 |
Al Thamam 55
Building47 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 53K /yr
- Typical yield
Other units on the 4th floor
All 47 units in Al Thamam 55| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 668 sqft | AED 360KAED 360,000 · May 2021May 2021 | 53,514 /yr | |
| 402 | 1-bed | 756 sqft | AED 359KAED 359,250 · Jul 2013July 2013 | 52,500 /yr | |
| 403 | 1-bed | 756 sqft | AED 348KAED 347,655 · Oct 2014October 2014 | 46,200 /yr | |
| 404 | 2-bed | 1,009 sqft | AED 630KAED 630,000 · May 2023May 2023 | 79,000 /yr | |
| 405 | 2-bed | 1,009 sqft | AED 900KAED 900,000 · Nov 2017November 2017 | ||
| 408 | 1-bed | 669 sqft | AED 267KAED 266,505 · Jan 2014January 2014 | 43,000 /yr | |
| 409 | Studio | 401 sqft | AED 285KAED 285,000 · Apr 2023April 2023 | 30,000 /yr |
407, Al Thamam 55 in numbers
- Sold 3 times: first on 10 April 2009 for AED 718,500, last on 27 July 2020 for AED 370,000 (AED 489 per sqft).
- Rented since November 2013 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 39,600 in 2023 and recovered to AED 48,000 by March 2025.
- At AED 48,000 a year the gross yield on the 2020 price is 13.0%, before a service charge of about AED 12,100 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 12 March 2025.
Questions about 407, Al Thamam 55
What did unit 407 last sell for?
AED 370,000 on 27 July 2020: AED 489 per sqft for 756 sqft. The unit has 3 registered sales; the first was AED 718,500 in April 2009.
What is the rent for unit 407?
AED 48,000 a year on the contract signed on 12 March 2025. The previous contract, from March 2023, was AED 39,600; the unit has been rented since November 2013.
How big is unit 407?
756 sqft (70.2 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 55
Starts from the last sale price (AED 370K, 27 July 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 370,000
- Deposit, UAE resident (20%)
- AED 74,000
- Deposit, non-resident (40%)
- AED 148,000
- Monthly over 25 years at 3.7%
- AED 1,514
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →