3-bed · 1,495 sqftAl Thamam 47, Remraam · 7th floor · completed 2011

705, Al Thamam 47

Sold prices and rental history: sold 3 times, last in July 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 21 July 2020
Last soldAED 500K21 July 2020
Current rentAED 74K /yr1 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Al Thamam 47

What is 705 worth today?

Last sold for AED 500,000 in 2020

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21 Jul 2020SoldReady
AED 500,000AED 334 per sqft
1 Aug 2019RentedNew contract
AED 74,000/yr12 months · AED 49 per sqft
24 Aug 2017RentedNew contract
AED 110,000/yr6 months · AED 74 per sqft
1 Jul 2016RentedRenewal
AED 110,000/yr12 months · AED 74 per sqft
1 Jul 2015RentedNew contract
AED 110,000/yr12 months · AED 74 per sqft
2 Jan 2014RentedNew contract
AED 100,000/yr12 months · AED 67 per sqft
4 Dec 2013SoldReady
AED 1,036,359AED 693 per sqft
15 Nov 2011Sold by developerOff-plan
AED 1,201,653AED 803 per sqft

Source: Dubai Land Department. Updated 21 July 2020.

Key facts

Type
3-bed apartment
Size
1,495 sqft
Floor
7th of 7
Parking
G-77,G-78
Developer
Remraam
Completed
2011
Service charge
AED 24,000 /yr
Last sold
AED 500K · July 2020
Building
Al Thamam 47

About 705, Al Thamam 47

705 is a three-bedroom apartment of 1,495 sqft on the 7th floor of Al Thamam 47, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 21 July 2020 for AED 500,000, or AED 334 per sqft.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 August 2019, is AED 74,000 a year: a gross yield of 14.8% on the 2020 price, before the service charge of about AED 24,000 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical three-bed in Al Thamam 47
500K1M1.5M2009201320172021Typical sale price by year: 2009 AED 1,370,043; 2013 AED 1,221,330; 2014 AED 1,346,417Sold by developer, November 2011: AED 1,201,653 (AED 803 per sqft)Sold, December 2013: AED 1,036,359 (AED 693 per sqft)Sold, July 2020: AED 500,000 (AED 334 per sqft)

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

Rents
Unit 705, each contractTypical three-bed in Al Thamam 47
75K100K125K20142017202020232026Typical rent by year: 2014 AED 100,000; 2015 AED 117,500; 2016 AED 115,000; 2017 AED 115,000; 2018 AED 110,000; 2019 AED 91,000; 2020 AED 74,076; 2021 AED 66,500; 2022 AED 87,000; 2023 AED 90,000; 2024 AED 110,000; 2025 AED 120,000New contract, January 2014: AED 100,000 a yearNew contract, July 2015: AED 110,000 a yearRenewal, July 2016: AED 110,000 a yearNew contract, August 2017: AED 110,000 a yearNew contract, August 2019: AED 74,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Al Thamam 47, and where 705 sits

All 8 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
9 Apr 20251,750,000
21 Dec 20231,200,000
29 Jul 2021910,000
10 Jul 20171,000,000
0 3-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
7042-bedAED 730K · Feb 2024
7061-bedAED 350K · Sep 2021
707StudioAED 386K · Mar 2014

705, Al Thamam 47 in numbers

  • Sold 3 times: first on 15 November 2011 for AED 1,201,653, last on 21 July 2020 for AED 500,000 (AED 334 per sqft).
  • Rented since January 2014 on 5 Ejari contracts, from AED 100,000 to AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2020 price is 14.8%, before a service charge of about AED 24,000 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 21 July 2020.

Questions about 705, Al Thamam 47

What did unit 705 last sell for?

AED 500,000 on 21 July 2020: AED 334 per sqft for 1,495 sqft. The unit has 3 registered sales; the first was AED 1,201,653 in November 2011.

What is the rent for unit 705?

AED 74,000 a year on the contract signed on 1 August 2019. The previous contract, from August 2017, was AED 110,000; the unit has been rented since January 2014.

How big is unit 705?

1,495 sqft (138.9 sqm): a three-bedroom apartment on the 7th floor of a 7-storey tower completed in 2011.

What is unit 705 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 705, Al Thamam 47

Starts from the last sale price (AED 500K, 21 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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