701, Al Thamam 47
Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Al Thamam 47
What is 701 worth today?
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Source: Dubai Land Department. Updated 24 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 689 sqft
- Floor
- 7th of 7
- Parking
- G-102
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,100 /yr
- Last sold
- AED 306K · September 2015
- Building
- Al Thamam 47
About 701, Al Thamam 47
701 is a one-bedroom apartment of 689 sqft on the 7th floor of Al Thamam 47, a 7-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 3 September 2015 for AED 306,253, or AED 444 per sqft, 24% below the AED 586 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, signed on 24 April 2025, is AED 60,000 a year: a gross yield of 19.6% on the 2015 price, before the service charge of about AED 11,100 a year.
Sales and rents for 701 over time
701 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Thamam 47, and where 701 sits
All 30 1-beds →701 last sold in September 2015 at AED 444 per sqft, 24% below what one-beds in Al Thamam 47 were fetching at the time (AED 586). 701's AED 60,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jun 20252 June 2025 | 755 sqft | 655,000 | 867 | ||
| 21 Apr 202521 April 2025 | 755 sqft | 520,000 | 688 | ||
| 21 Apr 202521 April 2025 | 755 sqft | 520,000 | 688 | ||
| 24 Mar 202524 March 2025 | 665 sqft | 575,000 | 864 |
Al Thamam 47
Building63 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 65K /yr
- Typical yield
Other units on the 7th floor
All 63 units in Al Thamam 47| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 1,495 sqft | AED 1MAED 1,000,000 · Jul 2017July 2017 | 101,451 /yr | |
| 703 | 2-bed | 1,030 sqft | AED 1.1MAED 1,100,000 · Aug 2025August 2025 | 85,000 /yr | |
| 704 | 2-bed | 1,030 sqft | AED 730KAED 730,000 · Feb 2024February 2024 | 59,565 /yr | |
| 705 | 3-bed | 1,495 sqft | AED 500KAED 500,000 · Jul 2020July 2020 | 74,000 /yr | |
| 706 | 1-bed | 665 sqft | AED 350KAED 350,000 · Sep 2021September 2021 | 35,094 /yr | |
| 707 | Studio | 387 sqft | AED 386KAED 385,560 · Mar 2014March 2014 | 23,000 /yr |
701, Al Thamam 47 in numbers
- Sold once: by Remraam on 3 September 2015 for AED 306,253, or AED 444 per sqft.
- Rented since July 2018 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 34,000 in 2020 and recovered to AED 60,000 by April 2025.
- At AED 60,000 a year the gross yield on the 2015 price is 19.6%, before a service charge of about AED 11,100 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 24 April 2025.
Questions about 701, Al Thamam 47
What did unit 701 last sell for?
AED 306,253 on 3 September 2015, sold by the developer: AED 444 per sqft for 689 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 60,000 a year on the contract signed on 24 April 2025. The previous contract, from April 2025, was AED 60,000; the unit has been rented since July 2018.
How big is unit 701?
689 sqft (64.0 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2011.
What is unit 701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 701, Al Thamam 47
Starts from the last sale price (AED 306K, 3 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 306,253
- Deposit, UAE resident (20%)
- AED 61,251
- Deposit, non-resident (40%)
- AED 122,501
- Monthly over 25 years at 3.7%
- AED 1,253
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →