2-bed · 1,030 sqftAl Thamam 41, Remraam · 7th floor · completed 2011

704, Al Thamam 41

Sold prices and rental history: sold 3 times, last in May 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 29 January 2024
Last soldAED 950K3 May 2015
Current rentAED 55K /yr29 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Al Thamam 41

What is 704 worth today?

Last sold for AED 950,000 in 2015

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29 Jan 2024RentedNew contract
AED 55,000/yr12 months · AED 53 per sqft
1 Jul 2019RentedNew contract
AED 60,000/yr12 months · AED 58 per sqft
1 May 2018RentedNew contract
AED 68,000/yr12 months · AED 66 per sqft
3 May 2015SoldReady
AED 950,000AED 922 per sqft
10 Oct 2013RentedNew contract
AED 65,000/yr12 months · AED 63 per sqft
19 Jun 2013SoldReady
AED 795,590AED 772 per sqft
21 Apr 2009Sold by developerOff-plan
AED 931,480AED 904 per sqft

Source: Dubai Land Department. Updated 29 January 2024.

Key facts

Type
2-bed apartment
Size
1,030 sqft
Floor
7th of 7
Parking
G-79
Developer
Remraam
Completed
2011
Service charge
AED 16,600 /yr
Last sold
AED 950K · May 2015
Building
Al Thamam 41

About 704, Al Thamam 41

704 is a two-bedroom apartment of 1,030 sqft on the 7th floor of Al Thamam 41, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 3 May 2015 for AED 950,000, or AED 922 per sqft, 11% above the AED 829 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 29 January 2024, is AED 55,000 a year: a gross yield of 5.8% on the 2015 price, before the service charge of about AED 16,600 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical two-bed in Al Thamam 41
750K1M2009201420192024Typical sale price by year: 2009 AED 933,000; 2013 AED 868,251; 2014 AED 871,319; 2016 AED 1,085,000; 2020 AED 600,000; 2023 AED 670,000; 2024 AED 850,000; 2025 AED 996,000Sold by developer, April 2009: AED 931,480 (AED 904 per sqft)Sold, June 2013: AED 795,590 (AED 772 per sqft)Sold, May 2015: AED 950,000 (AED 922 per sqft)

704 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 704, each contractTypical two-bed in Al Thamam 41
40K60K80K2013201720212025Typical rent by year: 2013 AED 62,000; 2014 AED 85,000; 2015 AED 76,000; 2016 AED 84,000; 2017 AED 82,000; 2018 AED 70,000; 2019 AED 60,000; 2020 AED 49,000; 2021 AED 46,000; 2022 AED 50,750; 2023 AED 58,300; 2024 AED 66,065; 2025 AED 77,000; 2026 AED 76,000New contract, October 2013: AED 65,000 a yearNew contract, May 2018: AED 68,000 a yearNew contract, July 2019: AED 60,000 a yearNew contract, January 2024: AED 55,000 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 41, and where 704 sits

All 20 2-beds →

704 last sold in May 2015 at AED 922 per sqft, 11% above what two-beds in Al Thamam 41 were fetching at the time (AED 829). Over the last 12 months two-beds sold for AED 1,000,000 to 1,150,000, around AED 879 per sqft, and rent for AED 60,000 to 103,224 a year. 704's AED 55,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jul 20261,150,000
7 Jul 20261,000,000
12 Aug 20251,210,000
4 Jun 2025945,000
2 2-bed sales in the last 12 months

Al Thamam 41

Building

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

Typical price per sqft
AED 991
Typical sale
AED 1M
Typical rent
AED 60K /yr
Typical yield
8.1%
Al Thamam 41, Remraam: prices, sales and rents →

Other units on the 7th floor

All 64 units in Al Thamam 41
Value
7011-bedAED 460K · Jan 2019
7023-bedAED 1.2M · Sep 2023
7032-bedAED 996K · Mar 2025
7053-bedAED 595K · Jun 2009
7061-bedAED 490K · Mar 2024
707StudioAED 315K · Nov 2022

704, Al Thamam 41 in numbers

  • Sold 3 times: first on 21 April 2009 for AED 931,480, last on 3 May 2015 for AED 950,000 (AED 922 per sqft).
  • Rented since October 2013 on 4 Ejari contracts, from AED 65,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2015 price is 5.8%, before a service charge of about AED 16,600 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 41 sold for AED 1,000,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 991 per sqft.

Source: Dubai Land Department. Updated 29 January 2024.

Questions about 704, Al Thamam 41

What did unit 704 last sell for?

AED 950,000 on 3 May 2015: AED 922 per sqft for 1,030 sqft. The unit has 3 registered sales; the first was AED 931,480 in April 2009.

What is the rent for unit 704?

AED 55,000 a year on the contract signed on 29 January 2024. The previous contract, from July 2019, was AED 60,000; the unit has been rented since October 2013.

How big is unit 704?

1,030 sqft (95.7 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2011.

What is unit 704 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 41 sold for AED 1,000,000 to 1,150,000 in the last 12 months, around AED 879 per sqft.

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Mortgage on 704, Al Thamam 41

Starts from the last sale price (AED 950K, 3 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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