707, Al Thamam 47
Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 707, Al Thamam 47
What is 707 worth today?
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Source: Dubai Land Department. Updated 1 October 2022.
Key facts
- Type
- Studio apartment
- Size
- 387 sqft
- Floor
- 7th of 7
- Parking
- G-75
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 6,200 /yr
- Last sold
- AED 386K · March 2014
- Building
- Al Thamam 47
About 707, Al Thamam 47
707 is a studio of 387 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 12 March 2014 for AED 385,560, or AED 996 per sqft, 10% above the AED 904 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 1 October 2022, is AED 23,000 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 6,200 a year.
Sales and rents for 707 over time
707 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Thamam 47, and where 707 sits
All 6 studios →707 last sold in March 2014 at AED 996 per sqft, 10% above what studios in Al Thamam 47 were fetching at the time (AED 904). 707's AED 23,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 May 202116 May 2021 | 387 sqft | 255,000 | 658 | ||
| 16 Aug 201816 August 2018 | 387 sqft | 355,000 | 917 | ||
| 21 Jun 201621 June 2016 | 387 sqft | 460,000 | 1,188 | ||
| 15 Dec 201415 December 2014 | 387 sqft | 490,000 | 1,266 |
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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 689 sqft | AED 306KAED 306,253 · Sep 2015September 2015 | 60,000 /yr | |
| 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, Al Thamam 47 in numbers
- Sold once: by Remraam on 12 March 2014 for AED 385,560, or AED 996 per sqft.
- Rented since April 2015 on 4 Ejari contracts, from AED 42,000 to AED 23,000 a year.
- At AED 23,000 a year the gross yield on the 2014 price is 6.0%, before a service charge of about AED 6,200 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 1 October 2022.
Questions about 707, Al Thamam 47
What did unit 707 last sell for?
AED 385,560 on 12 March 2014, sold by the developer: AED 996 per sqft for 387 sqft. It is the only registered sale of the unit.
What is the rent for unit 707?
AED 23,000 a year on the contract signed on 1 October 2022. The previous contract, from April 2017, was AED 25,000; the unit has been rented since April 2015.
How big is unit 707?
387 sqft (36.0 sqm): a studio on the 7th floor of a 7-storey tower completed in 2011.
What is unit 707 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 707, Al Thamam 47
Starts from the last sale price (AED 386K, 12 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 385,560
- Deposit, UAE resident (20%)
- AED 77,112
- Deposit, non-resident (40%)
- AED 154,224
- Monthly over 25 years at 3.7%
- AED 1,577
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →