2-bed · 1,096 sqftAl Thamam 18, Remraam · 5th floor · completed 2011

504, Al Thamam 18

Sold prices and rental history: sold 3 times, last in July 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 1 July 2021
Last soldAED 575K1 July 2021
Current rentAED 45K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Al Thamam 18

What is 504 worth today?

Last sold for AED 575,000 in 2021

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1 Jul 2021SoldReady
AED 575,000AED 524 per sqft
1 Dec 2020RentedNew contract
AED 45,000/yr12 months · AED 41 per sqft
15 Apr 2019RentedNew contract
AED 65,000/yr12 months · AED 59 per sqft
5 Mar 2018RentedRenewal
AED 73,055/yr12 months · AED 67 per sqft
5 Mar 2017RentedRenewal
AED 73,055/yr12 months · AED 67 per sqft
5 Mar 2016RentedRenewal
AED 69,575/yr12 months · AED 63 per sqft
5 Mar 2015RentedRenewal
AED 63,250/yr12 months · AED 58 per sqft
5 Mar 2014RentedNew contract
AED 55,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 1 July 2021.

Key facts

Type
2-bed apartment
Size
1,096 sqft
Floor
5th of 5
Parking
G-100
Developer
Remraam
Completed
2011
Service charge
AED 17,600 /yr
Last sold
AED 575K · July 2021
Building
Al Thamam 18

About 504, Al Thamam 18

504 is a two-bedroom apartment of 1,096 sqft on the 5th floor of Al Thamam 18, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 1 July 2021 for AED 575,000, or AED 524 per sqft, in line with the AED 524 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 December 2020, is AED 45,000 a year: a gross yield of 7.8% on the 2021 price, before the service charge of about AED 17,600 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Al Thamam 18
500K750K1M2009201320172021Typical sale price by year: 2009 AED 893,928; 2013 AED 867,231; 2014 AED 1,077,883; 2021 AED 620,000Sold by developer, April 2009: AED 978,288 (AED 892 per sqft)Sold, January 2013: AED 978,285 (AED 892 per sqft)Sold, July 2021: AED 575,000 (AED 524 per sqft)

504 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 504, each contractTypical two-bed in Al Thamam 18
40K60K80K2013201720212025Typical rent by year: 2013 AED 66,500; 2014 AED 80,000; 2015 AED 85,000; 2016 AED 85,000; 2017 AED 85,000; 2018 AED 83,250; 2019 AED 70,000; 2020 AED 54,000; 2021 AED 50,000; 2022 AED 54,600; 2023 AED 61,250; 2024 AED 68,000; 2025 AED 82,196New contract, March 2013: AED 50,000 a yearNew contract, March 2014: AED 55,000 a yearRenewal, March 2015: AED 63,250 a yearRenewal, March 2016: AED 69,575 a yearRenewal, March 2017: AED 73,055 a yearRenewal, March 2018: AED 73,055 a yearNew contract, April 2019: AED 65,000 a yearNew contract, December 2020: AED 45,000 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 18, and where 504 sits

All 16 2-beds →

504 last sold in July 2021 at AED 524 per sqft, in line with what two-beds in Al Thamam 18 were fetching at the time (AED 524). Over the last 12 months two-beds sold for AED 1,010,000 to 1,350,000, around AED 961 per sqft, and rent for AED 70,000 to 96,000 a year. 504's AED 45,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Feb 20261,350,000
28 Jan 20261,010,000
18 Jun 2025950,000
2 May 2025950,000
2 2-bed sales in the last 12 months

Al Thamam 18

Building

58 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 961
Typical sale
AED 1.18M
Typical rent
AED 52K /yr
Typical yield
7.3%
Al Thamam 18, Remraam: prices, sales and rents →

Other units on the 5th floor

All 58 units in Al Thamam 18
Value
501StudioAED 350K · Jun 2023
5021-bedAED 660K · Apr 2018
5031-bedAED 776K · Feb 2014
5051-bedAED 730K · Apr 2014
5061-bedAED 635K · Jan 2016
5072-bedAED 950K · Jun 2025
5081-bedAED 700K · Feb 2025
1–7 of 10

504, Al Thamam 18 in numbers

  • Sold 3 times: first on 8 April 2009 for AED 978,288, last on 1 July 2021 for AED 575,000 (AED 524 per sqft).
  • Rented since March 2013 on 8 Ejari contracts, from AED 50,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2021 price is 7.8%, before a service charge of about AED 17,600 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 18 sold for AED 1,010,000–1,350,000 in the 12 months to November 2026; the building's median across all types is AED 961 per sqft.

Source: Dubai Land Department. Updated 1 July 2021.

Questions about 504, Al Thamam 18

What did unit 504 last sell for?

AED 575,000 on 1 July 2021: AED 524 per sqft for 1,096 sqft. The unit has 3 registered sales; the first was AED 978,288 in April 2009.

What is the rent for unit 504?

AED 45,000 a year on the contract signed on 1 December 2020. The previous contract, from April 2019, was AED 65,000; the unit has been rented since March 2013.

How big is unit 504?

1,096 sqft (101.8 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.

What is unit 504 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 18 sold for AED 1,010,000 to 1,350,000 in the last 12 months, around AED 961 per sqft.

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Mortgage on 504, Al Thamam 18

Starts from the last sale price (AED 575K, 1 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

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