505, Al Thamam 01
Sold prices and rental history: sold 4 times, last in February 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 505, Al Thamam 01
What is 505 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,109 sqft
- Floor
- 5th of 5
- Parking
- G-91
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 17,800 /yr
- Last sold
- AED 630K · February 2022
- Building
- Al Thamam 01
About 505, Al Thamam 01
505 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 10 February 2022 for AED 630,000, or AED 567 per sqft, 5% below the AED 596 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 1 March 2026, is AED 100,000 a year: a gross yield of 15.9% on the 2022 price, before the service charge of about AED 17,800 a year.
Sales and rents for 505 over time
505 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 505 sits
All 16 2-beds →505 last sold in February 2022 at AED 567 per sqft, 5% below what two-beds in Al Thamam 01 were fetching at the time (AED 596). 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. 505's AED 100,000 is in the upper half 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 | |
| 504 | 2-bed | 1,109 sqft | AED 630KAED 630,000 · May 2022May 2022 | 57,750 /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 |
505, Al Thamam 01 in numbers
- Sold 4 times: first on 7 December 2011 for AED 1,055,670, last on 10 February 2022 for AED 630,000 (AED 567 per sqft).
- Rented since August 2012 on 10 Ejari contracts, from AED 41,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2022 price is 15.9%, 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 1 March 2026.
Questions about 505, Al Thamam 01
What did unit 505 last sell for?
AED 630,000 on 10 February 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 505?
AED 100,000 a year on the contract signed on 1 March 2026. The previous contract, from December 2024, was AED 95,000; the unit has been rented since August 2012.
How big is unit 505?
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 505 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 505, Al Thamam 01
Starts from the last sale price (AED 630K, 10 February 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 →