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

505, Al Thamam 24

Sold prices and rental history: sold twice, last in October 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 13 October 2014
Last soldAED 1.06M13 October 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 505, Al Thamam 24

What is 505 worth today?

Last sold for AED 1,060,000 in 2014

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13 Oct 2014SoldReady
AED 1,060,000AED 1,054 per sqft
2 Oct 2013Sold by developerReady
AED 975,800AED 970 per sqft

Source: Dubai Land Department. Updated 13 October 2014.

Key facts

Type
2-bed apartment
Size
1,006 sqft
Floor
5th of 6
Parking
G-91
Developer
Remraam
Completed
2011
Service charge
AED 16,200 /yr
Last sold
AED 1.06M · October 2014
Building
Al Thamam 24

About 505, Al Thamam 24

505 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 13 October 2014 for AED 1,060,000, or AED 1,054 per sqft, 30% above the AED 810 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, 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, October 2013: AED 975,800 (AED 970 per sqft)Sold, October 2014: AED 1,060,000 (AED 1,054 per sqft)

505 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 505, 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 80,000

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 505 sits

All 22 2-beds →

505 last sold in October 2014 at AED 1,054 per sqft, 30% above what two-beds in Al Thamam 24 were fetching at the time (AED 810). 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.

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
5042-bedAED 770K · Jun 2018
5061-bedAED 550K · Jan 2024
5071-bedAED 650K · Jul 2025
5081-bedAED 537K · Aug 2013
1–7 of 8

505, Al Thamam 24 in numbers

  • Sold twice: first on 2 October 2013 for AED 975,800, last on 13 October 2014 for AED 1,060,000 (AED 1,054 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 13 October 2014.

Questions about 505, Al Thamam 24

What did unit 505 last sell for?

AED 1,060,000 on 13 October 2014: AED 1,054 per sqft for 1,006 sqft. The unit has 2 registered sales; the first was AED 975,800 in October 2013.

How big is unit 505?

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 505 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 505, Al Thamam 24

Starts from the last sale price (AED 1.06M, 13 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,060,000
Deposit, UAE resident (20%)
AED 212,000
Deposit, non-resident (40%)
AED 424,000
Monthly over 25 years at 3.7%
AED 4,337

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