406, Al Thamam 59
Sold prices and rental history: sold twice, last in July 2013, 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 406, Al Thamam 59
What is 406 worth today?
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Source: Dubai Land Department. Updated 1 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 755 sqft
- Floor
- 4th of 5
- Parking
- G-62
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,100 /yr
- Last sold
- AED 694K · July 2013
- Building
- Al Thamam 59
About 406, Al Thamam 59
406 is a one-bedroom apartment of 755 sqft on the 4th floor of Al Thamam 59, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 2 July 2013 for AED 693,840, or AED 919 per sqft, 77% above the AED 519 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 42,000 a year: a gross yield of 6.0% on the 2013 price, before the service charge of about AED 12,100 a year.
Sales and rents for 406 over time
406 has sold twice; 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 59, and where 406 sits
All 19 1-beds →406 last sold in July 2013 at AED 919 per sqft, 77% above what one-beds in Al Thamam 59 were fetching at the time (AED 519). 406's AED 42,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jun 202427 June 2024 | 689 sqft | 430,000 | 624 | ||
| 16 Jun 202316 June 2023 | 755 sqft | 450,000 | 596 | ||
| 12 Jun 202312 June 2023 | 1,205 sqft | 470,000 | 389 | ||
| 3 Apr 20233 April 2023 | 689 sqft | 375,000 | 544 |
Al Thamam 59
Building48 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%
Other units on the 4th floor
All 48 units in Al Thamam 59| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 689 sqft | AED 550KAED 550,000 · Mar 2018March 2018 | 37,950 /yr | |
| 402 | 1-bed | 755 sqft | AED 601KAED 601,493 · Apr 2014April 2014 | 42,000 /yr | |
| 403 | 1-bed | 755 sqft | AED 685KAED 685,000 · Nov 2016November 2016 | 42,900 /yr | |
| 404 | 2-bed | 1,009 sqft | AED 1.13MAED 1,125,000 · Mar 2025March 2025 | 42,000 /yr | |
| 405 | 2-bed | 1,009 sqft | AED 801KAED 801,367 · Dec 2012December 2012 | 65,000 /yr | |
| 407 | 1-bed | 755 sqft | AED 359KAED 359,250 · Oct 2012October 2012 | 45,738 /yr | |
| 408 | 1-bed | 665 sqft | AED 615KAED 615,000 · Jan 2016January 2016 | 53,000 /yr | |
| 409 | Studio | 387 sqft | AED 420KAED 420,000 · Apr 2017April 2017 | 36,000 /yr |
406, Al Thamam 59 in numbers
- Sold twice: first on 20 April 2009 for AED 728,250, last on 2 July 2013 for AED 693,840 (AED 919 per sqft).
- Rented since August 2013 on 14 Ejari contracts. The rent fell from AED 42,000 to AED 24,000 in 2014 and recovered to AED 42,000 by April 2025.
- At AED 42,000 a year the gross yield on the 2013 price is 6.0%, before a service charge of about AED 12,100 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 1 April 2025.
Questions about 406, Al Thamam 59
What did unit 406 last sell for?
AED 693,840 on 2 July 2013: AED 919 per sqft for 755 sqft. The unit has 2 registered sales; the first was AED 728,250 in April 2009.
What is the rent for unit 406?
AED 42,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2025, was AED 42,000; the unit has been rented since August 2013.
How big is unit 406?
755 sqft (70.1 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.
What is unit 406 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 406, Al Thamam 59
Starts from the last sale price (AED 694K, 2 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 693,840
- Deposit, UAE resident (20%)
- AED 138,768
- Deposit, non-resident (40%)
- AED 277,536
- Monthly over 25 years at 3.7%
- AED 2,839
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →