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1-bed · 689 sqftAl Thamam 59, Remraam · 4th floor · completed 2011

401, Al Thamam 59

Sold prices and rental history: sold 3 times, last in March 2018, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 550K5 March 2018
Current rentAED 38K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 401, Al Thamam 59

What is 401 worth today?

Last sold for AED 550,000 in 2018

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1 Sep 2024RentedRenewal
AED 37,950/yr12 months · AED 55 per sqft
1 Sep 2023RentedRenewal
AED 33,000/yr12 months · AED 48 per sqft
1 Sep 2022RentedRenewal
AED 30,000/yr12 months · AED 44 per sqft
1 Jul 2020RentedNew contract
AED 32,000/yr12 months · AED 46 per sqft
5 Mar 2018SoldReady
AED 550,000AED 798 per sqft
10 Jan 2016RentedNew contract
AED 56,000/yr12 months · AED 81 per sqft
24 Dec 2012SoldReady
AED 597,028AED 866 per sqft
26 Apr 2009Sold by developerOff-plan
AED 610,613AED 886 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
689 sqft
Floor
4th of 5
Parking
G-57
Developer
Remraam
Completed
2011
Service charge
AED 11,100 /yr
Last sold
AED 550K · March 2018
Building
Al Thamam 59

About 401, Al Thamam 59

401 is a one-bedroom apartment of 689 sqft on the 4th floor of Al Thamam 59, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 5 March 2018 for AED 550,000, or AED 798 per sqft.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 37,950 a year: a gross yield of 6.9% on the 2018 price, before the service charge of about AED 11,100 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical one-bed in Al Thamam 59
400K600K2009201320172021Typical sale price by year: 2009 AED 602,074; 2012 AED 361,645; 2013 AED 610,000; 2014 AED 696,010; 2015 AED 630,000; 2021 AED 321,389; 2023 AED 450,000Sold by developer, April 2009: AED 610,613 (AED 886 per sqft)Sold, December 2012: AED 597,028 (AED 866 per sqft)Sold, March 2018: AED 550,000 (AED 798 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in Al Thamam 59
40K60K2013201720212025Typical rent by year: 2013 AED 44,000; 2014 AED 55,000; 2015 AED 61,334; 2016 AED 56,500; 2017 AED 59,000; 2018 AED 52,500; 2019 AED 42,000; 2020 AED 33,000; 2021 AED 31,500; 2022 AED 35,500; 2023 AED 39,707; 2024 AED 45,000; 2025 AED 52,000New contract, January 2016: AED 56,000 a yearNew contract, July 2020: AED 32,000 a yearRenewal, September 2022: AED 30,000 a yearRenewal, September 2023: AED 33,000 a yearRenewal, September 2024: AED 37,950 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 59, and where 401 sits

All 19 1-beds →

401's AED 37,950 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jun 2024430,000
16 Jun 2023450,000
12 Jun 2023470,000
3 Apr 2023375,000
0 1-bed sales in the last 12 months

Al Thamam 59

Building

48 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 819
Typical sale
AED 1.31M
Typical rent
AED 65K /yr
Typical yield
10.4%
Al Thamam 59, Remraam: prices, sales and rents →

Other units on the 4th floor

All 48 units in Al Thamam 59
Value
4021-bedAED 601K · Apr 2014
4031-bedAED 685K · Nov 2016
4042-bedAED 1.13M · Mar 2025
4052-bedAED 801K · Dec 2012
4061-bedAED 694K · Jul 2013
4071-bedAED 359K · Oct 2012
4081-bedAED 615K · Jan 2016
1–7 of 8

401, Al Thamam 59 in numbers

  • Sold 3 times: first on 26 April 2009 for AED 610,613, last on 5 March 2018 for AED 550,000 (AED 798 per sqft).
  • Rented since January 2016 on 5 Ejari contracts. The rent fell from AED 56,000 to AED 30,000 in 2022 and recovered to AED 37,950 by September 2024.
  • At AED 37,950 a year the gross yield on the 2018 price is 6.9%, before a service charge of about AED 11,100 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 401, Al Thamam 59

What did unit 401 last sell for?

AED 550,000 on 5 March 2018: AED 798 per sqft for 689 sqft. The unit has 3 registered sales; the first was AED 610,613 in April 2009.

What is the rent for unit 401?

AED 37,950 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 33,000; the unit has been rented since January 2016.

How big is unit 401?

689 sqft (64.0 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.

What is unit 401 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 401, Al Thamam 59

Starts from the last sale price (AED 550K, 5 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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