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2-bed · 1,009 sqftAl Thamam 05, Remraam · 4th floor · completed 2011

404, Al Thamam 05

Sold prices and rental history: sold 4 times, last in February 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 2 February 2021
Last soldAED 600K2 February 2021
Current rentAED 42K /yr7 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 404, Al Thamam 05

What is 404 worth today?

Last sold for AED 600,000 in 2021

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2 Feb 2021SoldReady
AED 600,000AED 594 per sqft
7 Dec 2020RentedNew contract
AED 41,500/yr13 months · AED 41 per sqft
1 Apr 2019RentedNew contract
AED 61,000/yr12 months · AED 60 per sqft
22 Jun 2015SoldReady
AED 900,000AED 892 per sqft
14 Mar 2015RentedRenewal
AED 74,000/yr12 months · AED 73 per sqft
3 Nov 2014SoldReady
AED 901,264AED 893 per sqft
14 Mar 2014RentedNew contract
AED 74,000/yr12 months · AED 73 per sqft
30 Mar 2009Sold by developerOff-plan
AED 914,343AED 906 per sqft

Source: Dubai Land Department. Updated 2 February 2021.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
4th of 5
Parking
G-125
Developer
Remraam
Completed
2011
Service charge
AED 16,200 /yr
Last sold
AED 600K · February 2021
Building
Al Thamam 05

About 404, Al Thamam 05

404 is a two-bedroom apartment of 1,009 sqft on the 4th floor of Al Thamam 05, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 2 February 2021 for AED 600,000, or AED 594 per sqft.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 7 December 2020, is AED 41,500 a year: a gross yield of 6.9% on the 2021 price, before the service charge of about AED 16,200 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Al Thamam 05
750K1M2009201420192024Typical sale price by year: 2009 AED 908,247; 2013 AED 895,255; 2014 AED 1,045,000; 2015 AED 920,000; 2025 AED 1,050,000Sold by developer, March 2009: AED 914,343 (AED 906 per sqft)Sold, November 2014: AED 901,264 (AED 893 per sqft)Sold, June 2015: AED 900,000 (AED 892 per sqft)Sold, February 2021: AED 600,000 (AED 594 per sqft)

404 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 404, each contractTypical two-bed in Al Thamam 05
40K60K80K2013201720212025Typical rent by year: 2013 AED 67,000; 2014 AED 75,000; 2015 AED 80,000; 2016 AED 75,000; 2017 AED 77,500; 2018 AED 68,500; 2019 AED 64,000; 2020 AED 55,000; 2021 AED 48,400; 2022 AED 50,000; 2023 AED 58,500; 2024 AED 70,000; 2025 AED 74,250New contract, March 2014: AED 74,000 a yearRenewal, March 2015: AED 74,000 a yearNew contract, April 2019: AED 61,000 a yearNew contract, December 2020: AED 41,500 a year

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 05, and where 404 sits

All 16 2-beds →

Over the last 12 months two-beds sold for AED 1,100,000, around AED 988 per sqft, and rent for AED 78,000 to 110,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Feb 20261,100,000
26 Aug 20251,050,000
1 Jul 20251,200,000
10 Apr 20251,180,000
1 2-bed sale in the last 12 months

Al Thamam 05

Building

47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 879
Typical sale
AED 1.45M
Typical rent
AED 62K /yr
Typical yield
8.3%
Al Thamam 05, Remraam: prices, sales and rents →

Other units on the 4th floor

All 47 units in Al Thamam 05
Value
4011-bedAED 340K · Mar 2023
4021-bedAED 679K · Jun 2013
4031-bedAED 700K · Mar 2017
4052-bedAED 600K · Mar 2022
4061-bedAED 622K · Dec 2014
4071-bedAED 679K · Jan 2025
4081-bedAED 680K · Nov 2014
1–7 of 8

404, Al Thamam 05 in numbers

  • Sold 4 times: first on 30 March 2009 for AED 914,343, last on 2 February 2021 for AED 600,000 (AED 594 per sqft).
  • Rented since March 2014 on 4 Ejari contracts, from AED 74,000 to AED 41,500 a year.
  • At AED 41,500 a year the gross yield on the 2021 price is 6.9%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 05 sold for AED 1,100,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 879 per sqft.

Source: Dubai Land Department. Updated 2 February 2021.

Questions about 404, Al Thamam 05

What did unit 404 last sell for?

AED 600,000 on 2 February 2021: AED 594 per sqft for 1,009 sqft. The unit has 4 registered sales; the first was AED 914,343 in March 2009.

What is the rent for unit 404?

AED 41,500 a year on the contract signed on 7 December 2020. The previous contract, from April 2019, was AED 61,000; the unit has been rented since March 2014.

How big is unit 404?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.

What is unit 404 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 05 sold for AED 1,100,000 to 1,100,000 in the last 12 months, around AED 988 per sqft.

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Mortgage on 404, Al Thamam 05

Starts from the last sale price (AED 600K, 2 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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