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2-bed · 1,006 sqftAl Thamam 51, Remraam · 4th floor · completed 2011

405, Al Thamam 51

Sold prices and rental history: sold 3 times, last in May 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 24 July 2018
Last soldAED 830K30 May 2016
Current rentAED 62K /yr24 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 405, Al Thamam 51

What is 405 worth today?

Last sold for AED 830,000 in 2016

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24 Jul 2018RentedNew contract
AED 62,000/yr12 months · AED 62 per sqft
15 Jul 2017RentedNew contract
AED 70,000/yr12 months · AED 70 per sqft
30 May 2016SoldReady
AED 830,000AED 825 per sqft
17 Mar 2016RentedRenewal
AED 69,575/yr12 months · AED 70 per sqft
17 Mar 2015RentedRenewal
AED 63,250/yr12 months · AED 63 per sqft
17 Mar 2014RentedNew contract
AED 54,600/yr12 months · AED 55 per sqft
17 Mar 2013RentedNew contract
AED 52,000/yr12 months · AED 52 per sqft
4 Mar 2013SoldReady
AED 917,925AED 912 per sqft

Source: Dubai Land Department. Updated 24 July 2018.

Key facts

Type
2-bed apartment
Size
1,006 sqft
Floor
4th of 5
Parking
G-61
Developer
Remraam
Completed
2011
Service charge
AED 16,200 /yr
Last sold
AED 830K · May 2016
Building
Al Thamam 51

About 405, Al Thamam 51

405 is a two-bedroom apartment of 1,006 sqft on the 4th floor of Al Thamam 51, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 30 May 2016 for AED 830,000, or AED 825 per sqft, in line with the AED 835 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 24 July 2018, is AED 62,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 16,200 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Al Thamam 51
850K900K950K2009201420192024Typical sale price by year: 2009 AED 933,000; 2013 AED 917,925; 2014 AED 911,845; 2016 AED 830,000; 2025 AED 915,000Sold by developer, April 2009: AED 933,000 (AED 927 per sqft)Sold, March 2013: AED 917,925 (AED 912 per sqft)Sold, May 2016: AED 830,000 (AED 825 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in Al Thamam 51
60K80K2013201720212025Typical rent by year: 2013 AED 65,000; 2014 AED 76,000; 2015 AED 82,000; 2016 AED 83,000; 2017 AED 80,000; 2018 AED 74,857; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 52,000; 2022 AED 56,000; 2023 AED 73,000; 2024 AED 81,500; 2025 AED 86,500; 2026 AED 79,000New contract, March 2013: AED 52,000 a yearNew contract, March 2014: AED 54,600 a yearRenewal, March 2015: AED 63,250 a yearRenewal, March 2016: AED 69,575 a yearNew contract, July 2017: AED 70,000 a yearNew contract, July 2018: AED 62,000 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 51, and where 405 sits

All 16 2-beds →

405 last sold in May 2016 at AED 825 per sqft, in line with what two-beds in Al Thamam 51 were fetching at the time (AED 835). 405's AED 62,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20251,240,000
2 Feb 2025895,000
8 Jan 2025915,000
14 Sep 2023860,000
0 2-bed sales in the last 12 months

Al Thamam 51

Building

47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 3 sold in the last 12 months.

Typical price per sqft
AED 903
Typical sale
AED 685K
Typical rent
AED 53K /yr
Typical yield
7.9%
Al Thamam 51, Remraam: prices, sales and rents →

Other units on the 4th floor

All 47 units in Al Thamam 51
Value
4011-bedAED 750K · Aug 2014
4021-bedAED 695K · Feb 2015
4031-bedAED 700K · Sep 2025
4042-bedAED 915K · Jan 2025
4061-bedAED 685K · Jul 2026
4071-bedAED 302K · Dec 2013
4081-bedAED 299K · Nov 2012
1–7 of 8

405, Al Thamam 51 in numbers

  • Sold 3 times: first on 8 April 2009 for AED 933,000, last on 30 May 2016 for AED 830,000 (AED 825 per sqft).
  • Rented since March 2013 on 6 Ejari contracts, from AED 52,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2016 price is 7.5%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 24 July 2018.

Questions about 405, Al Thamam 51

What did unit 405 last sell for?

AED 830,000 on 30 May 2016: AED 825 per sqft for 1,006 sqft. The unit has 3 registered sales; the first was AED 933,000 in April 2009.

What is the rent for unit 405?

AED 62,000 a year on the contract signed on 24 July 2018. The previous contract, from July 2017, was AED 70,000; the unit has been rented since March 2013.

How big is unit 405?

1,006 sqft (93.5 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.

What is unit 405 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 405, Al Thamam 51

Starts from the last sale price (AED 830K, 30 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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