505, Al Thamam 12
Sold prices and rental history: sold once, by the developer in May 2016, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Al Thamam 12
What is 505 worth today?
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Source: Dubai Land Department. Updated 6 October 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,109 sqft
- Floor
- 5th of 5
- Parking
- G-91
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 17,800 /yr
- Last sold
- AED 980K · May 2016
- Building
- Al Thamam 12
About 505, Al Thamam 12
505 is a two-bedroom apartment of 1,109 sqft on the 5th floor of Al Thamam 12, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 2 May 2016 for AED 980,000, or AED 883 per sqft, in line with the AED 883 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 6 October 2022. The current contract, signed on 6 October 2022, is AED 55,000 a year: a gross yield of 5.6% on the 2016 price, before the service charge of about AED 17,800 a year.
Sales and rents for 505 over time
505 has sold once; 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 12, and where 505 sits
All 15 2-beds →505 last sold in May 2016 at AED 883 per sqft, in line with what two-beds in Al Thamam 12 were fetching at the time (AED 883). 505's AED 55,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jan 202515 January 2025 | 1,498 sqft | 1,200,000 | 800 | ||
| 15 May 202415 May 2024 | 1,498 sqft | 1,070,000 | 714 | ||
| 4 Mar 20244 March 2024 | 1,498 sqft | 1,050,000 | 700 | ||
| 27 Jul 202327 July 2023 | 1,006 sqft | 720,000 | 716 |
Al Thamam 12
Building47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.
- Typical price per sqft
- AED 848
- Typical sale
- AED 700K
- Typical rent
- AED 61K /yr
- Typical yield
- 8.3%
Other units on the 5th floor
All 47 units in Al Thamam 12| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 665 sqft | AED 601KAED 601,457 · Oct 2012October 2012 | 50,000 /yr | |
| 502 | 1-bed | 777 sqft | AED 435KAED 435,000 · Apr 2023April 2023 | 37,375 /yr | |
| 503 | 1-bed | 777 sqft | AED 704KAED 704,328 · May 2025May 2025 | 62,000 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 988KAED 987,534 · Jan 2015January 2015 | 46,230 /yr | |
| 506 | 1-bed | 777 sqft | No registered sale | 58,000 /yr | |
| 507 | 1-bed | 777 sqft | AED 760KAED 760,000 · Dec 2025December 2025 | 50,000 /yr | |
| 508 | 1-bed | 689 sqft | AED 499KAED 499,000 · Apr 2026April 2026 | 33,000 /yr | |
| 509 | Studio | 468 sqft | AED 355KAED 355,000 · Dec 2023December 2023 | 54,000 /yr |
505, Al Thamam 12 in numbers
- Sold once: by Remraam on 2 May 2016 for AED 980,000, or AED 883 per sqft.
- Rented since October 2022 on one Ejari contract, at AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2016 price is 5.6%, before a service charge of about AED 17,800 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 6 October 2022.
Questions about 505, Al Thamam 12
What did unit 505 last sell for?
AED 980,000 on 2 May 2016, sold by the developer: AED 883 per sqft for 1,109 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 55,000 a year on the contract signed on 6 October 2022.
How big is unit 505?
1,109 sqft (103.0 sqm): a two-bedroom apartment on the 5th floor of a 5-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.
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Mortgage on 505, Al Thamam 12
Starts from the last sale price (AED 980K, 2 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 980,000
- Deposit, UAE resident (20%)
- AED 196,000
- Deposit, non-resident (40%)
- AED 392,000
- Monthly over 25 years at 3.7%
- AED 4,009
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →