701, Al Thamam 11
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Al Thamam 11
What is 701 worth today?
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Source: Dubai Land Department. Updated 5 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 689 sqft
- Floor
- 7th of 7
- Parking
- G-102
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,100 /yr
- Last sold
- AED 629K · May 2009
- Building
- Al Thamam 11
About 701, Al Thamam 11
701 is a one-bedroom apartment of 689 sqft on the 7th floor of Al Thamam 11, a 7-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 20 May 2009 for AED 629,036, or AED 913 per sqft, 3% above the AED 886 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 5 April 2026, is AED 60,000 a year: a gross yield of 9.5% on the 2009 price, before the service charge of about AED 11,100 a year.
Sales and rents for 701 over time
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Thamam 11, and where 701 sits
All 29 1-beds →701 last sold in May 2009 at AED 913 per sqft, 3% above what one-beds in Al Thamam 11 were fetching at the time (AED 886). 701's AED 60,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Dec 201529 December 2015 | 773 sqft | 351,330 | 454 | ||
| 20 May 200920 May 2009 | 773 sqft | 702,659 | 908 | ||
| 20 May 200920 May 2009 | 665 sqft | 611,163 | 918 | ||
| 20 May 200920 May 2009 | 689 sqft | 608,465 | 883 |
Al Thamam 11
Building63 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.
- Typical price per sqft
- AED 941
- Typical sale
- AED 1.45M
- Typical rent
- AED 55K /yr
- Typical yield
- 7.1%
Other units on the 7th floor
All 63 units in Al Thamam 11| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 1,495 sqft | AED 1.4MAED 1,400,000 · Aug 2025August 2025 | 88,652 /yr | |
| 703 | 2-bed | 1,030 sqft | AED 940KAED 939,945 · May 2009May 2009 | 73,500 /yr | |
| 704 | 2-bed | 1,030 sqft | AED 940KAED 939,945 · May 2009May 2009 | 85,000 /yr | |
| 705 | 3-bed | 1,495 sqft | AED 1.06MAED 1,059,250 · Nov 2024November 2024 | 120,000 /yr | |
| 706 | 1-bed | 665 sqft | AED 611KAED 611,163 · May 2009May 2009 | 44,629 /yr | |
| 707 | Studio | 387 sqft | AED 320KAED 320,000 · Sep 2023September 2023 | 44,000 /yr |
701, Al Thamam 11 in numbers
- Sold once: by Remraam on 20 May 2009 for AED 629,036, or AED 913 per sqft.
- Rented since May 2017 on 10 Ejari contracts. The rent fell from AED 56,000 to AED 28,000 in 2020 and recovered to AED 60,000 by April 2026.
- At AED 60,000 a year the gross yield on the 2009 price is 9.5%, before a service charge of about AED 11,100 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 5 April 2026.
Questions about 701, Al Thamam 11
What did unit 701 last sell for?
AED 629,036 on 20 May 2009, sold by the developer: AED 913 per sqft for 689 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 60,000 a year on the contract renewed on 5 April 2026. The previous contract, from April 2025, was AED 60,000; the unit has been rented since May 2017.
How big is unit 701?
689 sqft (64.0 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2011.
What is unit 701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 701, Al Thamam 11
Starts from the last sale price (AED 629K, 20 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 629,036
- Deposit, UAE resident (20%)
- AED 125,807
- Deposit, non-resident (40%)
- AED 251,614
- Monthly over 25 years at 3.7%
- AED 2,574
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →