704, 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 704, Al Thamam 11
What is 704 worth today?
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Source: Dubai Land Department. Updated 25 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,030 sqft
- Floor
- 7th of 7
- Parking
- G-79
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 16,600 /yr
- Last sold
- AED 940K · May 2009
- Building
- Al Thamam 11
About 704, Al Thamam 11
704 is a two-bedroom apartment of 1,030 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 939,945, or AED 912 per sqft, 8% above the AED 845 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 25 March 2025, is AED 85,000 a year: a gross yield of 9.0% on the 2009 price, before the service charge of about AED 16,600 a year.
Sales and rents for 704 over time
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 11, and where 704 sits
All 20 2-beds →704 last sold in May 2009 at AED 912 per sqft, 8% above what two-beds in Al Thamam 11 were fetching at the time (AED 845). Over the last 12 months two-beds sold for AED 1,300,000, around AED 812 per sqft, and rent for AED 63,525 to 90,000 a year. 704's AED 85,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Dec 202510 December 2025 | 1,599 sqft | 1,300,000 | 812 | ||
| 24 Jun 202524 June 2025 | 1,599 sqft | 1,250,000 | 781 | ||
| 12 Dec 202412 December 2024 | 1,599 sqft | 880,000 | 550 | ||
| 24 Sep 202424 September 2024 | 1,599 sqft | 925,000 | 578 |
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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 689 sqft | AED 629KAED 629,036 · May 2009May 2009 | 60,000 /yr | |
| 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 | |
| 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 |
704, Al Thamam 11 in numbers
- Sold once: by Remraam on 20 May 2009 for AED 939,945, or AED 912 per sqft.
- Rented since June 2017 on 7 Ejari contracts. The rent fell from AED 76,000 to AED 46,000 in 2021 and recovered to AED 85,000 by March 2025.
- At AED 85,000 a year the gross yield on the 2009 price is 9.0%, before a service charge of about AED 16,600 a year (AED 16.07 per sqft).
- Two-beds in Al Thamam 11 sold for AED 1,300,000–1,300,000 in the 12 months to November 2026; the building's median across all types is AED 941 per sqft.
Source: Dubai Land Department. Updated 25 March 2025.
Questions about 704, Al Thamam 11
What did unit 704 last sell for?
AED 939,945 on 20 May 2009, sold by the developer: AED 912 per sqft for 1,030 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 85,000 a year on the contract signed on 25 March 2025. The previous contract, from November 2023, was AED 59,560; the unit has been rented since June 2017.
How big is unit 704?
1,030 sqft (95.7 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2011.
What is unit 704 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 11 sold for AED 1,300,000 to 1,300,000 in the last 12 months, around AED 812 per sqft.
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Mortgage on 704, Al Thamam 11
Starts from the last sale price (AED 940K, 20 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 939,945
- Deposit, UAE resident (20%)
- AED 187,989
- Deposit, non-resident (40%)
- AED 375,978
- Monthly over 25 years at 3.7%
- AED 3,846
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →