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2-bed · 1,006 sqftAl Thamam 24, Remraam · 5th floor · completed 2011

504, Al Thamam 24

Sold prices and rental history: sold 3 times, last in June 2018, 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 25 June 2018
Last soldAED 770K25 June 2018
Current rentAED 75K /yr23 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504, Al Thamam 24

What is 504 worth today?

Last sold for AED 770,000 in 2018

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25 Jun 2018SoldReady
AED 770,000AED 765 per sqft
23 Apr 2017RentedNew contract
AED 75,000/yr12 months · AED 75 per sqft
10 Aug 2016RentedNew contract
AED 75,000/yr12 months · AED 75 per sqft
5 Jul 2015RentedNew contract
AED 63,000/yr12 months · AED 63 per sqft
5 Jul 2014RentedNew contract
AED 57,000/yr12 months · AED 57 per sqft
5 Jul 2013RentedNew contract
AED 52,000/yr12 months · AED 52 per sqft
21 Jan 2013SoldReady
AED 942,395AED 937 per sqft
21 Apr 2009Sold by developerOff-plan
AED 957,884AED 952 per sqft

Source: Dubai Land Department. Updated 25 June 2018.

Key facts

Type
2-bed apartment
Size
1,006 sqft
Floor
5th of 6
Parking
G-92
Developer
Remraam
Completed
2011
Service charge
AED 16,200 /yr
Last sold
AED 770K · June 2018
Building
Al Thamam 24

About 504, Al Thamam 24

504 is a two-bedroom apartment of 1,006 sqft on the 5th floor of Al Thamam 24, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 25 June 2018 for AED 770,000, or AED 765 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 23 April 2017, is AED 75,000 a year: a gross yield of 9.7% on the 2018 price, before the service charge of about AED 16,200 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, April 2009: AED 957,884 (AED 952 per sqft)Sold, January 2013: AED 942,395 (AED 937 per sqft)Sold, June 2018: AED 770,000 (AED 765 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 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, July 2013: AED 52,000 a yearNew contract, July 2014: AED 57,000 a yearNew contract, July 2015: AED 63,000 a yearNew contract, August 2016: AED 75,000 a yearNew contract, April 2017: AED 75,000 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 24, and where 504 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. 504's AED 75,000 is in the lower half 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 5th floor

All 57 units in Al Thamam 24
Value
5011-bedAED 540K · Sep 2024
5021-bedAED 592K · Nov 2014
5031-bedAED 655K · Jul 2025
5052-bedAED 1.06M · Oct 2014
5061-bedAED 550K · Jan 2024
5071-bedAED 650K · Jul 2025
5081-bedAED 537K · Aug 2013
1–7 of 8

504, Al Thamam 24 in numbers

  • Sold 3 times: first on 21 April 2009 for AED 957,884, last on 25 June 2018 for AED 770,000 (AED 765 per sqft).
  • Rented since July 2013 on 5 Ejari contracts, from AED 52,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2018 price is 9.7%, 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 25 June 2018.

Questions about 504, Al Thamam 24

What did unit 504 last sell for?

AED 770,000 on 25 June 2018: AED 765 per sqft for 1,006 sqft. The unit has 3 registered sales; the first was AED 957,884 in April 2009.

What is the rent for unit 504?

AED 75,000 a year on the contract signed on 23 April 2017. The previous contract, from August 2016, was AED 75,000; the unit has been rented since July 2013.

How big is unit 504?

1,006 sqft (93.5 sqm): a two-bedroom apartment on the 5th floor of a 6-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 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 504, Al Thamam 24

Starts from the last sale price (AED 770K, 25 June 2018). 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 →