504, Al Thamam 01
Sold prices and rental history: sold 4 times, last in May 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Al Thamam 01
What is 504 worth today?
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Source: Dubai Land Department. Updated 9 May 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,109 sqft
- Floor
- 5th of 5
- Parking
- G-92
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 17,800 /yr
- Last sold
- AED 630K · May 2022
- Building
- Al Thamam 01
About 504, Al Thamam 01
504 is a two-bedroom apartment of 1,109 sqft on the 5th floor of Al Thamam 01, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 9 May 2022 for AED 630,000, or AED 567 per sqft, in line with the AED 567 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 18 February 2022, is AED 57,750 a year: a gross yield of 9.2% on the 2022 price, before the service charge of about AED 17,800 a year.
Sales and rents for 504 over time
504 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Thamam 01, and where 504 sits
All 16 2-beds →504 last sold in May 2022 at AED 567 per sqft, in line with what two-beds in Al Thamam 01 were fetching at the time (AED 567). Over the last 12 months two-beds sold for AED 1,040,000 to 1,125,000, around AED 1,076 per sqft, and rent for AED 65,412 to 102,000 a year. 504's AED 57,750 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Mar 202611 March 2026 | 1,006 sqft | 1,125,000 | 1,118 | ||
| 14 Nov 202514 November 2025 | 1,006 sqft | 1,040,000 | 1,034 | ||
| 27 Oct 202327 October 2023 | 1,498 sqft | 875,000 | 584 | ||
| 25 Sep 202325 September 2023 | 1,598 sqft | 915,000 | 572 |
Al Thamam 01
Building48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,061
- Typical sale
- AED 855K
- Typical rent
- AED 70K /yr
- Typical yield
- 7.3%
Other units on the 5th floor
All 48 units in Al Thamam 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 665 sqft | AED 380KAED 380,000 · Feb 2022February 2022 | 44,500 /yr | |
| 502 | 1-bed | 777 sqft | AED 420KAED 420,000 · Feb 2023February 2023 | 67,000 /yr | |
| 503 | 1-bed | 777 sqft | AED 425KAED 425,000 · May 2022May 2022 | 48,097 /yr | |
| 505 | 2-bed | 1,109 sqft | AED 630KAED 630,000 · Feb 2022February 2022 | 100,000 /yr | |
| 506 | 1-bed | 777 sqft | AED 460KAED 460,000 · Mar 2022March 2022 | 35,000 /yr | |
| 507 | 1-bed | 777 sqft | AED 440KAED 440,000 · Jul 2022July 2022 | 42,000 /yr | |
| 508 | 1-bed | 689 sqft | AED 380KAED 380,000 · Jan 2023January 2023 | 24,000 /yr | |
| 509 | Studio | 468 sqft | AED 510KAED 510,000 · Mar 2026March 2026 | 54,000 /yr |
504, Al Thamam 01 in numbers
- Sold 4 times: first on 7 December 2011 for AED 1,055,670, last on 9 May 2022 for AED 630,000 (AED 567 per sqft).
- Rented since September 2012 on 10 Ejari contracts, from AED 41,000 to AED 57,750 a year.
- At AED 57,750 a year the gross yield on the 2022 price is 9.2%, before a service charge of about AED 17,800 a year (AED 16.07 per sqft).
- Two-beds in Al Thamam 01 sold for AED 1,040,000–1,125,000 in the 12 months to November 2026; the building's median across all types is AED 1,061 per sqft.
Source: Dubai Land Department. Updated 9 May 2022.
Questions about 504, Al Thamam 01
What did unit 504 last sell for?
AED 630,000 on 9 May 2022: AED 567 per sqft for 1,109 sqft. The unit has 4 registered sales; the first was AED 1,055,670 in December 2011.
What is the rent for unit 504?
AED 57,750 a year on the contract signed on 18 February 2022. The previous contract, from January 2021, was AED 55,000; the unit has been rented since September 2012.
How big is unit 504?
1,109 sqft (103.0 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.
What is unit 504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Thamam 01 sold for AED 1,040,000 to 1,125,000 in the last 12 months, around AED 1,076 per sqft.
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Mortgage on 504, Al Thamam 01
Starts from the last sale price (AED 630K, 9 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 630,000
- Deposit, UAE resident (20%)
- AED 126,000
- Deposit, non-resident (40%)
- AED 252,000
- Monthly over 25 years at 3.7%
- AED 2,578
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →