2-bed · 1,109 sqftAl Thamam 51, Remraam · 5th floor · completed 2011

505, Al Thamam 51

Sold prices and rental history: sold twice, last in November 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 1.02M19 November 2014
Current rentAED 56K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Al Thamam 51

What is 505 worth today?

Last sold for AED 1,018,797 in 2014

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1 Sep 2022RentedRenewal
AED 56,000/yr12 months · AED 51 per sqft
1 Sep 2021RentedRenewal
AED 52,000/yr12 months · AED 47 per sqft
1 Sep 2020RentedRenewal
AED 52,000/yr12 months · AED 47 per sqft
1 Sep 2019RentedNew contract
AED 56,000/yr12 months · AED 51 per sqft
5 Jan 2019RentedRenewal
AED 70,000/yr12 months · AED 63 per sqft
5 Jan 2018RentedRenewal
AED 80,000/yr12 months · AED 72 per sqft
5 Jan 2017RentedNew contract
AED 80,000/yr12 months · AED 72 per sqft
1 Mar 2016RentedRenewal
AED 82,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
2-bed apartment
Size
1,109 sqft
Floor
5th of 5
Parking
G-70
Developer
Remraam
Completed
2011
Service charge
AED 17,800 /yr
Last sold
AED 1.02M · November 2014
Building
Al Thamam 51

About 505, Al Thamam 51

505 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 19 November 2014 for AED 1,018,797, or AED 918 per sqft, 6% above the AED 864 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 56,000 a year: a gross yield of 5.5% on the 2014 price, before the service charge of about AED 17,800 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Al Thamam 51
500K750K1M2009201420192024Typical 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, June 2009: AED 517,556 (AED 466 per sqft)Sold, November 2014: AED 1,018,797 (AED 918 per sqft)

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

Rents
Unit 505, 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 2015: AED 80,000 a yearRenewal, March 2016: AED 82,000 a yearNew contract, January 2017: AED 80,000 a yearRenewal, January 2018: AED 80,000 a yearRenewal, January 2019: AED 70,000 a yearNew contract, September 2019: AED 56,000 a yearRenewal, September 2020: AED 52,000 a yearRenewal, September 2021: AED 52,000 a yearRenewal, September 2022: AED 56,000 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 505 sits

All 16 2-beds →

505 last sold in November 2014 at AED 918 per sqft, 6% above what two-beds in Al Thamam 51 were fetching at the time (AED 864). 505's AED 56,000 is at the bottom 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
5042-bedAED 475K · Nov 2016
5061-bedAED 680K · Apr 2025
5071-bedAED 681K · Oct 2012
5081-bedAED 609K · Mar 2013
1–7 of 8

505, Al Thamam 51 in numbers

  • Sold twice: first on 10 June 2009 for AED 517,556, last on 19 November 2014 for AED 1,018,797 (AED 918 per sqft).
  • Rented since March 2015 on 9 Ejari contracts, from AED 80,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2014 price is 5.5%, before a service charge of about AED 17,800 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 1 September 2022.

Questions about 505, Al Thamam 51

What did unit 505 last sell for?

AED 1,018,797 on 19 November 2014: AED 918 per sqft for 1,109 sqft. The unit has 2 registered sales; the first was AED 517,556 in June 2009.

What is the rent for unit 505?

AED 56,000 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 52,000; the unit has been rented since March 2015.

How big is unit 505?

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 505 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 505, Al Thamam 51

Starts from the last sale price (AED 1.02M, 19 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,018,797
Deposit, UAE resident (20%)
AED 203,759
Deposit, non-resident (40%)
AED 407,519
Monthly over 25 years at 3.7%
AED 4,168

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