2-bed · 1,006 sqftAl Thamam 49, Remraam · 5th floor · completed 2011

504, Al Thamam 49

Sold prices and rental history: sold 3 times, last in March 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 28 March 2019
Last soldAED 720K28 March 2019
Current rentAED 72K /yr20 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Al Thamam 49

What is 504 worth today?

Last sold for AED 720,000 in 2019

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28 Mar 2019SoldReady
AED 720,000AED 716 per sqft
20 Jun 2018RentedRenewal
AED 72,000/yr12 months · AED 72 per sqft
20 Jun 2017RentedRenewal
AED 78,000/yr12 months · AED 78 per sqft
20 Jun 2016RentedNew contract
AED 80,000/yr12 months · AED 80 per sqft
29 Oct 2014RentedNew contract
AED 68,250/yr12 months · AED 68 per sqft
29 Oct 2013RentedNew contract
AED 65,000/yr12 months · AED 65 per sqft
6 Oct 2013SoldReady
AED 1,020,080AED 1,014 per sqft
15 Jun 2009Sold by developerOff-plan
AED 469,613AED 467 per sqft

Source: Dubai Land Department. Updated 28 March 2019.

Key facts

Type
2-bed apartment
Size
1,006 sqft
Floor
5th of 7
Parking
G-95
Developer
Remraam
Completed
2011
Service charge
AED 16,200 /yr
Last sold
AED 720K · March 2019
Building
Al Thamam 49

About 504, Al Thamam 49

504 is a two-bedroom apartment of 1,006 sqft on the 5th floor of Al Thamam 49, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 28 March 2019 for AED 720,000, or AED 716 per sqft, in line with the AED 716 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 20 June 2018, is AED 72,000 a year: a gross yield of 10.0% on the 2019 price, before the service charge of about AED 16,200 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Al Thamam 49
500K1M20092013201720212025Typical sale price by year: 2009 AED 939,226; 2010 AED 457,174; 2013 AED 904,704; 2014 AED 924,045; 2022 AED 735,196; 2023 AED 715,000; 2024 AED 847,500Sold by developer, June 2009: AED 469,613 (AED 467 per sqft)Sold, October 2013: AED 1,020,080 (AED 1,014 per sqft)Sold, March 2019: AED 720,000 (AED 716 per sqft)

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

Rents
Unit 504, each contractTypical two-bed in Al Thamam 49
40K60K80K2013201720212025Typical rent by year: 2013 AED 54,000; 2014 AED 75,000; 2015 AED 78,000; 2016 AED 85,000; 2017 AED 82,000; 2018 AED 73,500; 2019 AED 65,000; 2020 AED 53,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 56,000; 2024 AED 60,500; 2025 AED 66,000; 2026 AED 71,300New contract, October 2013: AED 65,000 a yearNew contract, October 2014: AED 68,250 a yearNew contract, June 2016: AED 80,000 a yearRenewal, June 2017: AED 78,000 a yearRenewal, June 2018: AED 72,000 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 49, and where 504 sits

All 19 2-beds →

504 last sold in March 2019 at AED 716 per sqft, in line with what two-beds in Al Thamam 49 were fetching at the time (AED 716). Over the last 12 months two-beds sold for AED 900,000 to 1,275,000, around AED 873 per sqft, and rent for AED 64,130 to 132,500 a year. 504's AED 72,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Sep 2026900,000
11 Sep 20261,275,000
25 Dec 202548,815
30 Jun 2025990,000
3 2-bed sales in the last 12 months

Al Thamam 49

Building

62 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 7 sold in the last 12 months.

Typical price per sqft
AED 938
Typical sale
AED 695K
Typical rent
AED 60K /yr
Typical yield
8.2%
Al Thamam 49, Remraam: prices, sales and rents →

Other units on the 5th floor

All 62 units in Al Thamam 49
Value
5011-bedAED 333K · Sep 2021
5021-bedAED 796K · Apr 2014
5031-bedAED 790K · Nov 2024
5052-bedAED 850K · May 2024
5061-bedAED 660K · Oct 2024
5071-bedAED 713K · Aug 2013
5081-bedAED 440K · Oct 2023
1–7 of 8

504, Al Thamam 49 in numbers

  • Sold 3 times: first on 15 June 2009 for AED 469,613, last on 28 March 2019 for AED 720,000 (AED 716 per sqft).
  • Rented since October 2013 on 5 Ejari contracts, from AED 65,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2019 price is 10.0%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 49 sold for AED 900,000–1,275,000 in the 12 months to November 2026; the building's median across all types is AED 938 per sqft.

Source: Dubai Land Department. Updated 28 March 2019.

Questions about 504, Al Thamam 49

What did unit 504 last sell for?

AED 720,000 on 28 March 2019: AED 716 per sqft for 1,006 sqft. The unit has 3 registered sales; the first was AED 469,613 in June 2009.

What is the rent for unit 504?

AED 72,000 a year on the contract renewed on 20 June 2018. The previous contract, from June 2017, was AED 78,000; the unit has been rented since October 2013.

How big is unit 504?

1,006 sqft (93.5 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2011.

What is unit 504 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 49 sold for AED 900,000 to 1,275,000 in the last 12 months, around AED 873 per sqft.

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Mortgage on 504, Al Thamam 49

Starts from the last sale price (AED 720K, 28 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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