2-bed · 997 sqftAl Thamam 14, Remraam · 5th floor · completed 2011

507, Al Thamam 14

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.

Unit 507 · DLD and Ejari recordsUpdated 11 December 2024
Last soldAED 912K20 May 2009
Current rentAED 65K /yr11 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Al Thamam 14

What is 507 worth today?

Last sold for AED 912,093 in 2009

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11 Dec 2024RentedRenewal
AED 65,340/yr12 months · AED 66 per sqft
12 Dec 2023RentedRenewal
AED 59,565/yr12 months · AED 60 per sqft
12 Dec 2022RentedNew contract
AED 54,000/yr12 months · AED 54 per sqft
18 Aug 2019RentedNew contract
AED 60,000/yr12 months · AED 60 per sqft
6 Jul 2018RentedRenewal
AED 79,000/yr12 months · AED 79 per sqft
6 Jul 2017RentedNew contract
AED 79,000/yr12 months · AED 79 per sqft
20 May 2009Sold by developerOff-plan
AED 912,093AED 915 per sqft

Source: Dubai Land Department. Updated 11 December 2024.

Key facts

Type
2-bed apartment
Size
997 sqft
Floor
5th of 6
Parking
G-97
Developer
Remraam
Completed
2011
Service charge
AED 16,000 /yr
Last sold
AED 912K · May 2009
Building
Al Thamam 14

About 507, Al Thamam 14

507 is a two-bedroom apartment of 997 sqft on the 5th floor of Al Thamam 14, a 6-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 20 May 2009 for AED 912,093, or AED 915 per sqft, in line with the AED 901 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 11 December 2024, is AED 65,340 a year: a gross yield of 7.2% on the 2009 price, before the service charge of about AED 16,000 a year.

Sales and rents for 507 over time

Rents
Unit 507, each contractTypical two-bed in Al Thamam 14
60K80K2017202020232026Typical rent by year: 2017 AED 79,500; 2018 AED 73,000; 2019 AED 66,453; 2020 AED 55,900; 2021 AED 51,000; 2022 AED 54,450; 2023 AED 59,565; 2024 AED 64,009; 2025 AED 64,287; 2026 AED 64,221New contract, July 2017: AED 79,000 a yearRenewal, July 2018: AED 79,000 a yearNew contract, August 2019: AED 60,000 a yearNew contract, December 2022: AED 54,000 a yearRenewal, December 2023: AED 59,565 a yearRenewal, December 2024: AED 65,340 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 14, and where 507 sits

All 22 2-beds →

507 last sold in May 2009 at AED 915 per sqft, in line with what two-beds in Al Thamam 14 were fetching at the time (AED 901). 507's AED 65,340 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jun 20251,260,000
16 Apr 20251,150,000
24 Oct 2024923,626
1 Oct 2024923,626
0 2-bed sales in the last 12 months

Al Thamam 14

Building

71 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 1,106
Typical sale
AED 1.64M
Typical rent
AED 60K /yr
Typical yield
6.1%
Al Thamam 14, Remraam: prices, sales and rents →

Other units on the 5th floor

All 71 units in Al Thamam 14
Value
501StudioAED 452K · May 2009
5021-bedAED 722K · May 2009
5031-bedAED 719K · May 2009
5042-bedAED 912K · May 2009
5051-bedAED 621K · May 2009
5061-bedAED 621K · May 2009
5081-bedAED 719K · May 2009
1–7 of 10

507, Al Thamam 14 in numbers

  • Sold once: by Remraam on 20 May 2009 for AED 912,093, or AED 915 per sqft.
  • Rented since July 2017 on 6 Ejari contracts. The rent fell from AED 79,000 to AED 54,000 in 2022 and recovered to AED 65,340 by December 2024.
  • At AED 65,340 a year the gross yield on the 2009 price is 7.2%, before a service charge of about AED 16,000 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 11 December 2024.

Questions about 507, Al Thamam 14

What did unit 507 last sell for?

AED 912,093 on 20 May 2009, sold by the developer: AED 915 per sqft for 997 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 65,340 a year on the contract renewed on 11 December 2024. The previous contract, from December 2023, was AED 59,565; the unit has been rented since July 2017.

How big is unit 507?

997 sqft (92.6 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2011.

What is unit 507 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 507, Al Thamam 14

Starts from the last sale price (AED 912K, 20 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 912,093
Deposit, UAE resident (20%)
AED 182,419
Deposit, non-resident (40%)
AED 364,837
Monthly over 25 years at 3.7%
AED 3,732

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →