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

405, Al Thamam 05

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 5 March 2023
Last soldAED 600K25 March 2022
Current rentAED 52K /yr5 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Al Thamam 05

What is 405 worth today?

Last sold for AED 600,000 in 2022

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5 Mar 2023RentedRenewal
AED 52,000/yr12 months · AED 51 per sqft
25 Mar 2022SoldReady
AED 600,000AED 594 per sqft
5 Mar 2022RentedNew contract
AED 51,000/yr12 months · AED 50 per sqft
5 Feb 2020RentedRenewal
AED 57,500/yr12 months · AED 57 per sqft
5 Feb 2019RentedRenewal
AED 67,500/yr12 months · AED 67 per sqft
5 Feb 2018RentedRenewal
AED 75,000/yr12 months · AED 74 per sqft
5 Feb 2017RentedRenewal
AED 75,000/yr12 months · AED 74 per sqft
5 Feb 2016RentedRenewal
AED 75,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 5 March 2023.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
4th of 5
Parking
G-82
Developer
Remraam
Completed
2011
Service charge
AED 16,200 /yr
Last sold
AED 600K · March 2022
Building
Al Thamam 05

About 405, Al Thamam 05

405 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 25 March 2022 for AED 600,000, or AED 594 per sqft, in line with the AED 594 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 5 March 2023, is AED 52,000 a year: a gross yield of 8.7% on the 2022 price, before the service charge of about AED 16,200 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Al Thamam 05
500K1M2009201420192024Typical 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, May 2014: AED 393,611 (AED 390 per sqft)Sold, March 2022: AED 600,000 (AED 594 per sqft)

405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 405, each contractTypical two-bed in Al Thamam 05
60K80K2013201720212025Typical 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, February 2014: AED 75,000 a yearNew contract, February 2015: AED 75,000 a yearRenewal, February 2016: AED 75,000 a yearRenewal, February 2017: AED 75,000 a yearRenewal, February 2018: AED 75,000 a yearRenewal, February 2019: AED 67,500 a yearRenewal, February 2020: AED 57,500 a yearNew contract, March 2022: AED 51,000 a yearRenewal, March 2023: AED 52,000 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 405 sits

All 16 2-beds →

405 last sold in March 2022 at AED 594 per sqft, in line with what two-beds in Al Thamam 05 were fetching at the time (AED 594). 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
4042-bedAED 600K · Feb 2021
4061-bedAED 622K · Dec 2014
4071-bedAED 679K · Jan 2025
4081-bedAED 680K · Nov 2014
1–7 of 8

405, Al Thamam 05 in numbers

  • Sold twice: first on 4 May 2014 for AED 393,611, last on 25 March 2022 for AED 600,000 (AED 594 per sqft).
  • Rented since February 2014 on 9 Ejari contracts, from AED 75,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2022 price is 8.7%, 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 5 March 2023.

Questions about 405, Al Thamam 05

What did unit 405 last sell for?

AED 600,000 on 25 March 2022: AED 594 per sqft for 1,009 sqft. The unit has 2 registered sales; the first was AED 393,611 in May 2014.

What is the rent for unit 405?

AED 52,000 a year on the contract renewed on 5 March 2023. The previous contract, from March 2022, was AED 51,000; the unit has been rented since February 2014.

How big is unit 405?

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 405 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 405, Al Thamam 05

Starts from the last sale price (AED 600K, 25 March 2022). 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 →