505, Al Thamam 45
Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Al Thamam 45
What is 505 worth today?
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Source: Dubai Land Department. Updated 21 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,116 sqft
- Floor
- 5th of 5
- Parking
- G-88
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 17,900 /yr
- Last sold
- AED 800K · May 2024
- Building
- Al Thamam 45
About 505, Al Thamam 45
505 is a two-bedroom apartment of 1,116 sqft on the 5th floor of Al Thamam 45, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 21 May 2024 for AED 800,000, or AED 716 per sqft.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 57,750 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 17,900 a year.
Sales and rents for 505 over time
505 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 45, and where 505 sits
All 16 2-beds →Over the last 12 months two-beds sold for AED 930,000, around AED 921 per sqft, and rent for AED 68,400 to 95,000 a year. 505's AED 57,750 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Dec 20255 December 2025 | 1,009 sqft | 930,000 | 921 | ||
| 27 Oct 202527 October 2025 | 1,009 sqft | 950,000 | 941 | ||
| 23 May 202523 May 2025 | 1,501 sqft | 1,320,000 | 879 | ||
| 2 Jul 20242 July 2024 | 1,008 sqft | 845,000 | 838 |
Al Thamam 45
Building46 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.
- Typical price per sqft
- AED 907
- Typical sale
- AED 745K
- Typical rent
- AED 58K /yr
- Typical yield
- 8.7%
Other units on the 5th floor
All 46 units in Al Thamam 45| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 665 sqft | AED 690KAED 690,000 · Feb 2015February 2015 | 54,000 /yr | |
| 502 | 1-bed | 755 sqft | AED 705KAED 705,000 · Sep 2025September 2025 | 42,000 /yr | |
| 503 | 1-bed | 773 sqft | AED 690KAED 690,000 · Aug 2026August 2026 | 39,600 /yr | |
| 504 | 2-bed | 1,116 sqft | AED 1.21MAED 1,210,000 · Dec 2016December 2016 | 75,000 /yr | |
| 506 | 1-bed | 773 sqft | AED 800KAED 800,000 · Mar 2026March 2026 | 58,000 /yr | |
| 507 | 1-bed | 755 sqft | AED 650KAED 650,000 · Jun 2017June 2017 | 55,000 /yr | |
| 508 | 1-bed | 689 sqft | AED 470KAED 470,000 · Jan 2019January 2019 | 34,000 /yr |
505, Al Thamam 45 in numbers
- Sold 3 times: first on 10 June 2009 for AED 487,558, last on 21 May 2024 for AED 800,000 (AED 716 per sqft).
- Rented since July 2014 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 45,000 in 2020 and recovered to AED 57,750 by January 2024.
- At AED 57,750 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 17,900 a year (AED 16.07 per sqft).
- Two-beds in Al Thamam 45 sold for AED 930,000–930,000 in the 12 months to November 2026; the building's median across all types is AED 907 per sqft.
Source: Dubai Land Department. Updated 21 May 2024.
Questions about 505, Al Thamam 45
What did unit 505 last sell for?
AED 800,000 on 21 May 2024: AED 716 per sqft for 1,116 sqft. The unit has 3 registered sales; the first was AED 487,558 in June 2009.
What is the rent for unit 505?
AED 57,750 a year on the contract renewed on 1 January 2024. The previous contract, from January 2023, was AED 55,000; the unit has been rented since July 2014.
How big is unit 505?
1,116 sqft (103.7 sqm): a two-bedroom apartment on the 5th floor of a 5-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 45 sold for AED 930,000 to 930,000 in the last 12 months, around AED 921 per sqft.
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Mortgage on 505, Al Thamam 45
Starts from the last sale price (AED 800K, 21 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →