2-bed · 1,109 sqftAl Thamam 22, Remraam · 5th floor · completed 2011

504, Al Thamam 22

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 25 April 2023
Last soldAED 770K25 April 2023
Current rentAED 72K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Al Thamam 22

What is 504 worth today?

Last sold for AED 770,000 in 2023

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25 Apr 2023SoldReady
AED 770,000AED 694 per sqft
1 Apr 2023RentedNew contract
AED 72,000/yr12 months · AED 65 per sqft
1 Apr 2022RentedRenewal
AED 50,000/yr12 months · AED 45 per sqft
1 Apr 2021RentedRenewal
AED 50,000/yr12 months · AED 45 per sqft
1 Apr 2020RentedNew contract
AED 60,000/yr12 months · AED 54 per sqft
18 Mar 2019RentedNew contract
AED 62,642/yr12 months · AED 57 per sqft
2 Mar 2017RentedNew contract
AED 83,000/yr12 months · AED 75 per sqft
18 Oct 2016SoldReady
AED 465,000AED 419 per sqft

Source: Dubai Land Department. Updated 25 April 2023.

Key facts

Type
2-bed apartment
Size
1,109 sqft
Floor
5th of 5
Parking
G-69
Developer
Remraam
Completed
2011
Service charge
AED 17,800 /yr
Last sold
AED 770K · April 2023
Building
Al Thamam 22

About 504, Al Thamam 22

504 is a two-bedroom apartment of 1,109 sqft on the 5th floor of Al Thamam 22, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 25 April 2023 for AED 770,000, or AED 694 per sqft, in line with the AED 681 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 1 April 2023, is AED 72,000 a year: a gross yield of 9.3% on the 2023 price, before the service charge of about AED 17,800 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Al Thamam 22
500K1M2009201320172021Typical sale price by year: 2009 AED 960,308; 2012 AED 850,853; 2013 AED 936,283; 2014 AED 1,085,000; 2016 AED 954,500; 2022 AED 635,000; 2023 AED 780,000Sold by developer, July 2016: AED 1,256,310 (AED 1,132 per sqft)Sold, October 2016: AED 465,000 (AED 419 per sqft)Sold, April 2023: AED 770,000 (AED 694 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 22
60K80K2013201720212025Typical rent by year: 2013 AED 70,000; 2014 AED 70,000; 2015 AED 74,000; 2016 AED 85,000; 2017 AED 82,500; 2018 AED 78,000; 2019 AED 68,000; 2020 AED 57,000; 2021 AED 50,000; 2022 AED 54,000; 2023 AED 69,000; 2024 AED 72,000; 2025 AED 88,000; 2026 AED 81,500New contract, March 2016: AED 85,000 a yearNew contract, March 2017: AED 83,000 a yearNew contract, March 2019: AED 62,642 a yearNew contract, April 2020: AED 60,000 a yearRenewal, April 2021: AED 50,000 a yearRenewal, April 2022: AED 50,000 a yearNew contract, April 2023: AED 72,000 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 22, and where 504 sits

All 16 2-beds →

504 last sold in April 2023 at AED 694 per sqft, in line with what two-beds in Al Thamam 22 were fetching at the time (AED 681). Over the last 12 months two-beds sold for AED 1,050,000, around AED 1,044 per sqft, and rent for AED 65,412 to 90,000 a year. 504's AED 72,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Feb 20261,050,000
23 Jun 2025875,000
11 Jul 2024875,000
3 Apr 2024850,000
1 2-bed sale in the last 12 months

Al Thamam 22

Building

47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 1,044
Typical sale
AED 1.05M
Typical rent
AED 60K /yr
Typical yield
7.6%
Al Thamam 22, Remraam: prices, sales and rents →

Other units on the 5th floor

All 47 units in Al Thamam 22
Value
5011-bedAED 537K · Feb 2013
5021-bedAED 705K · Dec 2012
5031-bedAED 727K · Feb 2013
5052-bedAED 780K · Aug 2023
5061-bedAED 540K · Oct 2025
5071-bedAED 388K · Feb 2015
5081-bedAED 690K · Jan 2014
1–7 of 8

504, Al Thamam 22 in numbers

  • Sold 3 times: first on 31 July 2016 for AED 1,256,310, last on 25 April 2023 for AED 770,000 (AED 694 per sqft).
  • Rented since March 2016 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 50,000 in 2022 and recovered to AED 72,000 by April 2023.
  • At AED 72,000 a year the gross yield on the 2023 price is 9.3%, before a service charge of about AED 17,800 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 22 sold for AED 1,050,000–1,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,044 per sqft.

Source: Dubai Land Department. Updated 25 April 2023.

Questions about 504, Al Thamam 22

What did unit 504 last sell for?

AED 770,000 on 25 April 2023: AED 694 per sqft for 1,109 sqft. The unit has 3 registered sales; the first was AED 1,256,310 in July 2016.

What is the rent for unit 504?

AED 72,000 a year on the contract signed on 1 April 2023. The previous contract, from April 2022, was AED 50,000; the unit has been rented since March 2016.

How big is unit 504?

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 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 22 sold for AED 1,050,000 to 1,050,000 in the last 12 months, around AED 1,044 per sqft.

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Mortgage on 504, Al Thamam 22

Starts from the last sale price (AED 770K, 25 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 770,000
Deposit, UAE resident (20%)
AED 154,000
Deposit, non-resident (40%)
AED 308,000
Monthly over 25 years at 3.7%
AED 3,150

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