2-bed · 1,005 sqftAl Thamam 24, Remraam · 4th floor · completed 2011

405, Al Thamam 24

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 840K22 July 2024
Current rentAED 58K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Al Thamam 24

What is 405 worth today?

Last sold for AED 840,000 in 2024

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22 Jul 2024SoldReady
AED 840,000AED 835 per sqft
1 Dec 2023RentedRenewal
AED 58,080/yr12 months · AED 58 per sqft
1 Dec 2022RentedRenewal
AED 52,800/yr12 months · AED 53 per sqft
1 Dec 2021RentedNew contract
AED 48,000/yr12 months · AED 48 per sqft
25 Aug 2020RentedRenewal
AED 50,000/yr12 months · AED 50 per sqft
25 Aug 2019RentedNew contract
AED 60,000/yr12 months · AED 60 per sqft
5 Nov 2017RentedNew contract
AED 75,000/yr12 months · AED 75 per sqft
20 Jul 2015SoldReady
AED 462,500AED 460 per sqft

Source: Dubai Land Department. Updated 22 July 2024.

Key facts

Type
2-bed apartment
Size
1,005 sqft
Floor
4th of 6
Parking
G-100
Developer
Remraam
Completed
2011
Service charge
AED 16,200 /yr
Last sold
AED 840K · July 2024
Building
Al Thamam 24

About 405, Al Thamam 24

405 is a two-bedroom apartment of 1,005 sqft on the 4th floor of Al Thamam 24, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 22 July 2024 for AED 840,000, or AED 835 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 58,080 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 16,200 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Al Thamam 24
500K1M2009201420192024Typical sale price by year: 2009 AED 997,682; 2010 AED 509,807; 2012 AED 747,128; 2013 AED 997,661; 2014 AED 924,453; 2015 AED 973,524; 2021 AED 633,750; 2023 AED 765,000; 2025 AED 1,338,000; 2026 AED 1,300,000Sold by developer, March 2010: AED 475,832 (AED 473 per sqft)Sold, March 2014: AED 814,822 (AED 810 per sqft)Sold, July 2015: AED 462,500 (AED 460 per sqft)Sold, July 2024: AED 840,000 (AED 835 per sqft)

405 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 405, each contractTypical two-bed in Al Thamam 24
60K80K2013201720212025Typical rent by year: 2013 AED 67,500; 2014 AED 80,000; 2015 AED 82,000; 2016 AED 82,377; 2017 AED 82,000; 2018 AED 76,500; 2019 AED 66,000; 2020 AED 58,000; 2021 AED 51,500; 2022 AED 58,893; 2023 AED 59,150; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 80,000New contract, November 2014: AED 80,000 a yearNew contract, November 2017: AED 75,000 a yearNew contract, August 2019: AED 60,000 a yearRenewal, August 2020: AED 50,000 a yearNew contract, December 2021: AED 48,000 a yearRenewal, December 2022: AED 52,800 a yearRenewal, December 2023: AED 58,080 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 24, and where 405 sits

All 22 2-beds →

Over the last 12 months two-beds sold for AED 1,050,000 to 1,310,000, around AED 874 per sqft, and rent for AED 66,000 to 88,000 a year. 405's AED 58,080 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20261,310,000
26 Jan 20261,050,000
9 Jan 20261,300,000
7 Nov 20251,350,000
3 2-bed sales in the last 12 months

Al Thamam 24

Building

57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.

Typical price per sqft
AED 907
Typical sale
AED 1.18M
Typical rent
AED 60K /yr
Typical yield
8.2%
Al Thamam 24, Remraam: prices, sales and rents →

Other units on the 4th floor

All 57 units in Al Thamam 24
Value
4011-bedAED 516K · Jun 2014
4021-bedAED 495K · Nov 2022
4031-bedAED 715K · Aug 2017
4042-bedAED 950K · Nov 2024
4061-bedAED 775K · Apr 2025
4071-bedAED 755K · Aug 2024
4081-bedAED 533K · Sep 2013
1–7 of 8

405, Al Thamam 24 in numbers

  • Sold 4 times: first on 18 March 2010 for AED 475,832, last on 22 July 2024 for AED 840,000 (AED 835 per sqft).
  • Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 48,000 in 2021 and recovered to AED 58,080 by December 2023.
  • At AED 58,080 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 24 sold for AED 1,050,000–1,310,000 in the 12 months to November 2026; the building's median across all types is AED 907 per sqft.

Source: Dubai Land Department. Updated 22 July 2024.

Questions about 405, Al Thamam 24

What did unit 405 last sell for?

AED 840,000 on 22 July 2024: AED 835 per sqft for 1,005 sqft. The unit has 4 registered sales; the first was AED 475,832 in March 2010.

What is the rent for unit 405?

AED 58,080 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 52,800; the unit has been rented since November 2014.

How big is unit 405?

1,005 sqft (93.4 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2011.

What is unit 405 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 24 sold for AED 1,050,000 to 1,310,000 in the last 12 months, around AED 874 per sqft.

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Mortgage on 405, Al Thamam 24

Starts from the last sale price (AED 840K, 22 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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