2-bed · 1,030 sqftAl Thamam 47, Remraam · 7th floor · completed 2011

704, Al Thamam 47

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 19 February 2024
Last soldAED 730K19 February 2024
Current rentAED 60K /yr7 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Al Thamam 47

What is 704 worth today?

Last sold for AED 730,000 in 2024

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19 Feb 2024SoldReady
AED 730,000AED 708 per sqft
7 Jul 2023RentedRenewal
AED 59,565/yr12 months · AED 58 per sqft
7 Jul 2022RentedNew contract
AED 54,000/yr12 months · AED 52 per sqft
1 Jun 2018RentedNew contract
AED 65,000/yr12 months · AED 63 per sqft
2 Apr 2017RentedRenewal
AED 80,000/yr12 months · AED 77 per sqft
2 Apr 2016RentedNew contract
AED 80,000/yr12 months · AED 77 per sqft
15 Sep 2014RentedNew contract
AED 85,000/yr12 months · AED 82 per sqft
1 Feb 2014RentedNew contract
AED 75,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 19 February 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 730K · February 2024
Building
Al Thamam 47

About 704, Al Thamam 47

704 is a two-bedroom apartment of 1,030 sqft on the 7th floor of Al Thamam 47, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 19 February 2024 for AED 730,000, or AED 708 per sqft, 6% above the AED 666 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 7 July 2023, is AED 59,565 a year: a gross yield of 8.2% on the 2024 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 47
500K750K1M2009201420192024Typical sale price by year: 2009 AED 920,563; 2013 AED 909,002; 2014 AED 893,289; 2015 AED 960,000; 2016 AED 850,000; 2023 AED 740,000; 2024 AED 835,000; 2025 AED 932,500Sold by developer, June 2009: AED 488,072 (AED 473 per sqft)Sold, September 2012: AED 488,070 (AED 473 per sqft)Sold, February 2024: AED 730,000 (AED 708 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 47
60K80K2013201720212025Typical rent by year: 2013 AED 65,000; 2014 AED 76,000; 2015 AED 75,000; 2016 AED 79,500; 2017 AED 75,000; 2018 AED 68,000; 2019 AED 58,000; 2020 AED 48,000; 2021 AED 48,000; 2022 AED 52,200; 2023 AED 58,658; 2024 AED 65,000; 2025 AED 72,000; 2026 AED 75,000New contract, February 2014: AED 75,000 a yearNew contract, September 2014: AED 85,000 a yearNew contract, April 2016: AED 80,000 a yearRenewal, April 2017: AED 80,000 a yearNew contract, June 2018: AED 65,000 a yearNew contract, July 2022: AED 54,000 a yearRenewal, July 2023: AED 59,565 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 47, and where 704 sits

All 19 2-beds →

704 last sold in February 2024 at AED 708 per sqft, 6% above what two-beds in Al Thamam 47 were fetching at the time (AED 666). 704's AED 59,565 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Aug 20251,100,000
14 May 2025925,000
23 Apr 2025940,000
15 Apr 2025714,880
0 2-bed sales in the last 12 months

Al Thamam 47

Building

63 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
Al Thamam 47, Remraam: prices, sales and rents →

Other units on the 7th floor

All 63 units in Al Thamam 47
Value
7011-bedAED 306K · Sep 2015
7023-bedAED 1M · Jul 2017
7032-bedAED 1.1M · Aug 2025
7053-bedAED 500K · Jul 2020
7061-bedAED 350K · Sep 2021
707StudioAED 386K · Mar 2014

704, Al Thamam 47 in numbers

  • Sold 3 times: first on 9 June 2009 for AED 488,072, last on 19 February 2024 for AED 730,000 (AED 708 per sqft).
  • Rented since February 2014 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 54,000 in 2022 and recovered to AED 59,565 by July 2023.
  • At AED 59,565 a year the gross yield on the 2024 price is 8.2%, before a service charge of about AED 16,600 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 19 February 2024.

Questions about 704, Al Thamam 47

What did unit 704 last sell for?

AED 730,000 on 19 February 2024: AED 708 per sqft for 1,030 sqft. The unit has 3 registered sales; the first was AED 488,072 in June 2009.

What is the rent for unit 704?

AED 59,565 a year on the contract renewed on 7 July 2023. The previous contract, from July 2022, was AED 54,000; the unit has been rented since February 2014.

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.

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Mortgage on 704, Al Thamam 47

Starts from the last sale price (AED 730K, 19 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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