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2-bed · 1,096 sqftAl Thamam 28, Remraam · 5th floor · completed 2011

507, Al Thamam 28

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 16 December 2024
Last soldAED 875K4 December 2012
Current rentAED 78K /yr16 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 507, Al Thamam 28

What is 507 worth today?

Last sold for AED 874,650 in 2012

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16 Dec 2024RentedRenewal
AED 78,000/yr12 months · AED 72 per sqft
16 Dec 2023RentedNew contract
AED 78,000/yr12 months · AED 72 per sqft
1 Dec 2022RentedNew contract
AED 55,000/yr12 months · AED 50 per sqft
20 Feb 2018RentedNew contract
AED 72,000/yr12 months · AED 66 per sqft
13 Dec 2015RentedRenewal
AED 62,600/yr12 months · AED 57 per sqft
13 Dec 2014RentedNew contract
AED 54,450/yr12 months · AED 50 per sqft
13 Dec 2013RentedNew contract
AED 49,500/yr12 months · AED 45 per sqft
13 Dec 2012RentedNew contract
AED 47,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 16 December 2024.

Key facts

Type
2-bed apartment
Size
1,096 sqft
Floor
5th of 5
Parking
G-122
Developer
Remraam
Completed
2011
Service charge
AED 17,600 /yr
Last sold
AED 875K · December 2012
Building
Al Thamam 28

About 507, Al Thamam 28

507 is a two-bedroom apartment of 1,096 sqft on the 5th floor of Al Thamam 28, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 4 December 2012 for AED 874,650, or AED 798 per sqft.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 16 December 2024, is AED 78,000 a year: a gross yield of 8.9% on the 2012 price, before the service charge of about AED 17,600 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in Al Thamam 28
1M2009201420192024Typical sale price by year: 2009 AED 960,013; 2013 AED 947,454; 2014 AED 1,040,000; 2019 AED 612,500; 2025 AED 1,200,000Sold by developer, April 2009: AED 978,288 (AED 892 per sqft)Sold, December 2012: AED 874,650 (AED 798 per sqft)

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

Rents
Unit 507, each contractTypical two-bed in Al Thamam 28
60K80K2012201620202024Typical rent by year: 2013 AED 65,000; 2014 AED 81,500; 2015 AED 79,778; 2016 AED 84,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 63,000; 2020 AED 48,000; 2021 AED 48,000; 2022 AED 56,500; 2023 AED 60,000; 2024 AED 68,250; 2025 AED 73,498; 2026 AED 85,000New contract, December 2012: AED 47,000 a yearNew contract, December 2013: AED 49,500 a yearNew contract, December 2014: AED 54,450 a yearRenewal, December 2015: AED 62,600 a yearNew contract, February 2018: AED 72,000 a yearNew contract, December 2022: AED 55,000 a yearNew contract, December 2023: AED 78,000 a yearRenewal, December 2024: AED 78,000 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 28, and where 507 sits

All 16 2-beds →

Over the last 12 months two-beds sold for AED 1,020,000 to 1,280,000, around AED 942 per sqft, and rent for AED 71,663 to 95,000 a year. 507's AED 78,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Oct 20261,020,000
13 Nov 20251,280,000
10 Jul 20251,200,000
25 Mar 20251,111,815
2 2-bed sales in the last 12 months

Al Thamam 28

Building

60 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 7 sold in the last 12 months.

Typical price per sqft
AED 949
Typical sale
AED 730K
Typical rent
AED 62K /yr
Typical yield
9.1%
Al Thamam 28, Remraam: prices, sales and rents →

Other units on the 5th floor

All 60 units in Al Thamam 28
Value
501StudioAED 380K · Nov 2023
5021-bedAED 639K · Nov 2024
5031-bedAED 740K · Nov 2015
5042-bedAED 849K · Feb 2013
5051-bedAED 263K · Aug 2013
5061-bedAED 530K · Jul 2024
5081-bedAED 374K · Dec 2012
1–7 of 10

507, Al Thamam 28 in numbers

  • Sold twice: first on 20 April 2009 for AED 978,288, last on 4 December 2012 for AED 874,650 (AED 798 per sqft).
  • Rented since December 2012 on 8 Ejari contracts, from AED 47,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2012 price is 8.9%, before a service charge of about AED 17,600 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 28 sold for AED 1,020,000–1,280,000 in the 12 months to November 2026; the building's median across all types is AED 949 per sqft.

Source: Dubai Land Department. Updated 16 December 2024.

Questions about 507, Al Thamam 28

What did unit 507 last sell for?

AED 874,650 on 4 December 2012: AED 798 per sqft for 1,096 sqft. The unit has 2 registered sales; the first was AED 978,288 in April 2009.

What is the rent for unit 507?

AED 78,000 a year on the contract renewed on 16 December 2024. The previous contract, from December 2023, was AED 78,000; the unit has been rented since December 2012.

How big is unit 507?

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 507 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 28 sold for AED 1,020,000 to 1,280,000 in the last 12 months, around AED 942 per sqft.

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Mortgage on 507, Al Thamam 28

Starts from the last sale price (AED 875K, 4 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 874,650
Deposit, UAE resident (20%)
AED 174,930
Deposit, non-resident (40%)
AED 349,860
Monthly over 25 years at 3.7%
AED 3,578

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