505, Al Thamam 07
Sold prices and rental history: sold 4 times, last in January 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Al Thamam 07
What is 505 worth today?
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Source: Dubai Land Department. Updated 13 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,009 sqft
- Floor
- 5th of 6
- Parking
- G-70
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 16,200 /yr
- Last sold
- AED 750K · January 2020
- Building
- Al Thamam 07
About 505, Al Thamam 07
505 is a two-bedroom apartment of 1,009 sqft on the 5th floor of Al Thamam 07, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 12 January 2020 for AED 750,000, or AED 743 per sqft, 65% above the AED 450 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 13 December 2025, is AED 90,000 a year: a gross yield of 12.0% on the 2020 price, before the service charge of about AED 16,200 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 07, and where 505 sits
All 22 2-beds →505 last sold in January 2020 at AED 743 per sqft, 65% above what two-beds in Al Thamam 07 were fetching at the time (AED 450). Over the last 12 months two-beds sold for AED 950,000 to 1,075,000, around AED 959 per sqft, and rent for AED 80,000 to 90,000 a year. 505's AED 90,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 1,009 sqft | 960,000 | 951 | ||
| 9 Jun 20269 June 2026 | 1,009 sqft | 950,000 | 941 | ||
| 13 Apr 202613 April 2026 | 1,009 sqft | 975,000 | 966 | ||
| 3 Apr 20263 April 2026 | 1,009 sqft | 1,075,000 | 1,065 |
Al Thamam 07
Building55 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.
- Typical price per sqft
- AED 959
- Typical sale
- AED 955K
- Typical rent
- AED 57K /yr
- Typical yield
- 8.3%
Other units on the 5th floor
All 55 units in Al Thamam 07| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 668 sqft | AED 700KAED 700,280 · Jan 2014January 2014 | 48,000 /yr | |
| 502 | 1-bed | 755 sqft | AED 645KAED 645,000 · Dec 2024December 2024 | 42,000 /yr | |
| 503 | 1-bed | 755 sqft | AED 410KAED 410,000 · Jan 2021January 2021 | 32,000 /yr | |
| 504 | 2-bed | 1,009 sqft | AED 960KAED 960,000 · Nov 2026November 2026 | 57,000 /yr | |
| 506 | 1-bed | 755 sqft | AED 660KAED 660,000 · Aug 2025August 2025 | 55,000 /yr | |
| 507 | 1-bed | 755 sqft | AED 620KAED 620,000 · Feb 2024February 2024 | 60,000 /yr | |
| 508 | 1-bed | 669 sqft | AED 350KAED 350,000 · May 2020May 2020 | 57,000 /yr | |
| 509 | Studio | 401 sqft | AED 415KAED 414,920 · Jan 2014January 2014 | 36,000 /yr |
505, Al Thamam 07 in numbers
- Sold 4 times: first on 7 April 2009 for AED 963,109, last on 12 January 2020 for AED 750,000 (AED 743 per sqft).
- Rented since January 2015 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 75,000 in 2018 and recovered to AED 90,000 by December 2025.
- At AED 90,000 a year the gross yield on the 2020 price is 12.0%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).
- Two-beds in Al Thamam 07 sold for AED 950,000–1,075,000 in the 12 months to November 2026; the building's median across all types is AED 959 per sqft.
Source: Dubai Land Department. Updated 13 December 2025.
Questions about 505, Al Thamam 07
What did unit 505 last sell for?
AED 750,000 on 12 January 2020: AED 743 per sqft for 1,009 sqft. The unit has 4 registered sales; the first was AED 963,109 in April 2009.
What is the rent for unit 505?
AED 90,000 a year on the contract renewed on 13 December 2025. The previous contract, from December 2024, was AED 90,000; the unit has been rented since January 2015.
How big is unit 505?
1,009 sqft (93.7 sqm): a two-bedroom apartment on the 5th floor of a 6-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 07 sold for AED 950,000 to 1,075,000 in the last 12 months, around AED 959 per sqft.
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Mortgage on 505, Al Thamam 07
Starts from the last sale price (AED 750K, 12 January 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →