Home
Dubai prices
About
Blog
2-bed · 1,109 sqftAl Thamam 51, Remraam · 5th floor · completed 2011

504, Al Thamam 51

Sold prices and rental history: sold 3 times, last in November 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 21 October 2019
Last soldAED 475K29 November 2016
Current rentAED 67K /yr21 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 504

Property timeline for 504, Al Thamam 51

What is 504 worth today?

Last sold for AED 475,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Oct 2019RentedRenewal
AED 67,000/yr13 months · AED 60 per sqft
21 Sep 2018RentedRenewal
AED 61,846/yr13 months · AED 56 per sqft
21 Sep 2017RentedNew contract
AED 75,000/yr12 months · AED 68 per sqft
1 Jan 2017RentedNew contract
AED 84,000/yr12 months · AED 76 per sqft
29 Nov 2016SoldReady
AED 475,000AED 428 per sqft
5 Jan 2015RentedNew contract
AED 82,000/yr12 months · AED 74 per sqft
6 Nov 2012SoldReady
AED 1,035,111AED 933 per sqft
21 Apr 2009Sold by developerOff-plan
AED 1,035,111AED 933 per sqft

Source: Dubai Land Department. Updated 21 October 2019.

Key facts

Type
2-bed apartment
Size
1,109 sqft
Floor
5th of 5
Parking
G-69
Developer
Remraam
Completed
2011
Service charge
AED 17,800 /yr
Last sold
AED 475K · November 2016
Building
Al Thamam 51

About 504, Al Thamam 51

504 is a two-bedroom apartment of 1,109 sqft on the 5th floor of Al Thamam 51, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 29 November 2016 for AED 475,000, or AED 428 per sqft, 48% below the AED 825 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 21 October 2019, is AED 67,000 a year: a gross yield of 14.1% on the 2016 price, before the service charge of about AED 17,800 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Al Thamam 51
500K1M2009201420192024Typical 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 1,035,111 (AED 933 per sqft)Sold, November 2012: AED 1,035,111 (AED 933 per sqft)Sold, November 2016: AED 475,000 (AED 428 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 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, January 2015: AED 82,000 a yearNew contract, January 2017: AED 84,000 a yearNew contract, September 2017: AED 75,000 a yearRenewal, September 2018: AED 61,846 a yearRenewal, October 2019: AED 67,000 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 504 sits

All 16 2-beds →

504 last sold in November 2016 at AED 428 per sqft, 48% below what two-beds in Al Thamam 51 were fetching at the time (AED 825). 504's AED 67,000 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 5th floor

All 47 units in Al Thamam 51
Value
5011-bedAED 366K · Dec 2020
5021-bedAED 622K · Feb 2013
5031-bedAED 750K · Oct 2025
5052-bedAED 1.02M · Nov 2014
5061-bedAED 680K · Apr 2025
5071-bedAED 681K · Oct 2012
5081-bedAED 609K · Mar 2013
1–7 of 8

504, Al Thamam 51 in numbers

  • Sold 3 times: first on 21 April 2009 for AED 1,035,111, last on 29 November 2016 for AED 475,000 (AED 428 per sqft).
  • Rented since January 2015 on 5 Ejari contracts, from AED 82,000 to AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2016 price is 14.1%, before a service charge of about AED 17,800 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 21 October 2019.

Questions about 504, Al Thamam 51

What did unit 504 last sell for?

AED 475,000 on 29 November 2016: AED 428 per sqft for 1,109 sqft. The unit has 3 registered sales; the first was AED 1,035,111 in April 2009.

What is the rent for unit 504?

AED 67,000 a year on the contract renewed on 21 October 2019. The previous contract, from September 2018, was AED 61,846; the unit has been rented since January 2015.

How big is unit 504?

1,109 sqft (103.0 sqm): a two-bedroom apartment on the 5th floor of a 5-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.

Selling 504? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 504, Al Thamam 51

Starts from the last sale price (AED 475K, 29 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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