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2-bed · 1,009 sqftAl Thamam 53, Remraam · 4th floor · completed 2011

405, Al Thamam 53

Sold prices and rental history: sold 3 times, last in September 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 900K6 September 2017
Current rentAED 85K /yr5 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 405, Al Thamam 53

What is 405 worth today?

Last sold for AED 900,000 in 2017

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5 Sep 2024RentedNew contract
AED 85,000/yr12 months · AED 84 per sqft
6 Sep 2017SoldReady
AED 900,000AED 892 per sqft
22 May 2016RentedRenewal
AED 84,000/yr12 months · AED 83 per sqft
22 May 2015RentedRenewal
AED 80,000/yr12 months · AED 79 per sqft
22 May 2014RentedNew contract
AED 80,000/yr12 months · AED 79 per sqft
23 Apr 2014SoldReady
AED 801,532AED 794 per sqft
18 Mar 2010Sold by developerOff-plan
AED 466,500AED 462 per sqft

Source: Dubai Land Department. Updated 5 September 2024.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
4th of 6
Parking
G-82
Developer
Remraam
Completed
2011
Service charge
AED 16,200 /yr
Last sold
AED 900K · September 2017
Building
Al Thamam 53

About 405, Al Thamam 53

405 is a two-bedroom apartment of 1,009 sqft on the 4th floor of Al Thamam 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 6 September 2017 for AED 900,000, or AED 892 per sqft.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 5 September 2024, is AED 85,000 a year: a gross yield of 9.4% on the 2017 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 53
500K1M2009201420192024Typical sale price by year: 2009 AED 1,011,881; 2013 AED 907,278; 2014 AED 954,510; 2015 AED 1,028,000; 2016 AED 890,000; 2021 AED 488,346; 2024 AED 1,070,000; 2025 AED 823,120Sold by developer, March 2010: AED 466,500 (AED 462 per sqft)Sold, April 2014: AED 801,532 (AED 794 per sqft)Sold, September 2017: AED 900,000 (AED 892 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 53
60K80K2013201720212025Typical rent by year: 2013 AED 71,500; 2014 AED 79,000; 2015 AED 82,000; 2016 AED 83,000; 2017 AED 79,100; 2018 AED 72,000; 2019 AED 64,000; 2020 AED 54,000; 2021 AED 48,500; 2022 AED 51,750; 2023 AED 65,000; 2024 AED 75,000; 2025 AED 85,000; 2026 AED 80,000New contract, May 2014: AED 80,000 a yearRenewal, May 2015: AED 80,000 a yearRenewal, May 2016: AED 84,000 a yearNew contract, September 2024: AED 85,000 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 53, and where 405 sits

All 22 2-beds →

Over the last 12 months two-beds sold for AED 1,060,000 to 1,375,000, around AED 934 per sqft, and rent for AED 36,000 to 95,000 a year. 405's AED 85,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Mar 20261,060,000
30 Jan 20261,375,000
22 Sep 2025823,120
12 Sep 2025950,000
2 2-bed sales in the last 12 months

Al Thamam 53

Building

56 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 7 sold in the last 12 months.

Typical price per sqft
AED 952
Typical sale
AED 740K
Typical rent
AED 57K /yr
Typical yield
7.7%
Al Thamam 53, Remraam: prices, sales and rents →

Other units on the 4th floor

All 56 units in Al Thamam 53
Value
4011-bedAED 360K · May 2021
4021-bedAED 738K · Jun 2014
4031-bedAED 738K · Jun 2013
4042-bedAED 950K · Sep 2025
4061-bedAED 710K · Jul 2024
4071-bedAED 645K · May 2024
4081-bedAED 610K · Jan 2026
1–7 of 8

405, Al Thamam 53 in numbers

  • Sold 3 times: first on 18 March 2010 for AED 466,500, last on 6 September 2017 for AED 900,000 (AED 892 per sqft).
  • Rented since May 2014 on 4 Ejari contracts, from AED 80,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2017 price is 9.4%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 53 sold for AED 1,060,000–1,375,000 in the 12 months to November 2026; the building's median across all types is AED 952 per sqft.

Source: Dubai Land Department. Updated 5 September 2024.

Questions about 405, Al Thamam 53

What did unit 405 last sell for?

AED 900,000 on 6 September 2017: AED 892 per sqft for 1,009 sqft. The unit has 3 registered sales; the first was AED 466,500 in March 2010.

What is the rent for unit 405?

AED 85,000 a year on the contract signed on 5 September 2024. The previous contract, from May 2016, was AED 84,000; the unit has been rented since May 2014.

How big is unit 405?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 4th floor of a 6-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. Two-beds in Al Thamam 53 sold for AED 1,060,000 to 1,375,000 in the last 12 months, around AED 934 per sqft.

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Mortgage on 405, Al Thamam 53

Starts from the last sale price (AED 900K, 6 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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