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

505, Al Thamam 49

Sold prices and rental history: sold 6 times, last in May 2024, and rented once, from November 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 16 May 2024
Last soldAED 850K16 May 2024
Current rentAED 82K /yr20 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 505, Al Thamam 49

What is 505 worth today?

Last sold for AED 850,000 in 2024

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16 May 2024SoldReady
AED 850,000AED 845 per sqft
20 Mar 2023SoldReady
AED 715,000AED 711 per sqft
26 Oct 2022SoldReady
AED 595,985AED 592 per sqft
18 Apr 2018SoldReady
AED 810,000AED 805 per sqft
20 Nov 2015RentedRenewal
AED 82,000/yr12 months · AED 82 per sqft
8 Dec 2014SoldReady
AED 924,045AED 918 per sqft
15 Jul 2009Sold by developerOff-plan
AED 939,226AED 934 per sqft

Source: Dubai Land Department. Updated 16 May 2024.

Key facts

Type
2-bed apartment
Size
1,006 sqft
Floor
5th of 7
Parking
G-94
Developer
Remraam
Completed
2011
Service charge
AED 16,200 /yr
Last sold
AED 850K · May 2024
Building
Al Thamam 49

About 505, Al Thamam 49

505 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 16 May 2024 for AED 850,000, or AED 845 per sqft, 28% above the AED 661 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 November 2015. The current contract, renewed on 20 November 2015, is AED 82,000 a year: a gross yield of 9.7% on the 2024 price, before the service charge of about AED 16,200 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Al Thamam 49
500K750K1M20092013201720212025Typical 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, July 2009: AED 939,226 (AED 934 per sqft)Sold, December 2014: AED 924,045 (AED 918 per sqft)Sold, April 2018: AED 810,000 (AED 805 per sqft)Sold, October 2022: AED 595,985 (AED 592 per sqft)Sold, March 2023: AED 715,000 (AED 711 per sqft)Sold, May 2024: AED 850,000 (AED 845 per sqft)

505 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 505, 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 71,300Renewal, November 2015: AED 82,000 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 505 sits

All 19 2-beds →

505 last sold in May 2024 at AED 845 per sqft, 28% above what two-beds in Al Thamam 49 were fetching at the time (AED 661). 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. 505's AED 82,000 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
5042-bedAED 720K · Mar 2019
5061-bedAED 660K · Oct 2024
5071-bedAED 713K · Aug 2013
5081-bedAED 440K · Oct 2023
1–7 of 8

505, Al Thamam 49 in numbers

  • Sold 6 times: first on 15 July 2009 for AED 939,226, last on 16 May 2024 for AED 850,000 (AED 845 per sqft).
  • Rented since November 2015 on one Ejari contract, at AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2024 price is 9.7%, 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 16 May 2024.

Questions about 505, Al Thamam 49

What did unit 505 last sell for?

AED 850,000 on 16 May 2024: AED 845 per sqft for 1,006 sqft. The unit has 6 registered sales; the first was AED 939,226 in July 2009.

What is the rent for unit 505?

AED 82,000 a year on the contract renewed on 20 November 2015.

How big is unit 505?

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 505 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 505, Al Thamam 49

Starts from the last sale price (AED 850K, 16 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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