2-bed · 1,009 sqftAl Thamam 55, Remraam · 2nd floor · completed 2011

204, Al Thamam 55

Sold prices and rental history: sold 4 times, last in November 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 28 February 2022
Last soldAED 305K16 November 2021
Current rentAED 52K /yr28 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Al Thamam 55

What is 204 worth today?

Last sold for AED 305,000 in 2021

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28 Feb 2022RentedNew contract
AED 52,000/yr12 months · AED 52 per sqft
16 Nov 2021SoldReady
AED 305,000AED 302 per sqft
1 Mar 2021RentedRenewal
AED 44,000/yr12 months · AED 43 per sqft
1 Mar 2020RentedNew contract
AED 51,000/yr12 months · AED 50 per sqft
1 Feb 2019RentedRenewal
AED 70,378/yr12 months · AED 70 per sqft
1 Feb 2018RentedRenewal
AED 75,000/yr12 months · AED 74 per sqft
30 Jan 2017RentedNew contract
AED 76,560/yr12 months · AED 76 per sqft
18 Jun 2013SoldReady
AED 730,000AED 723 per sqft

Source: Dubai Land Department. Updated 28 February 2022.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
2nd of 5
Parking
G-42
Developer
Remraam
Completed
2011
Service charge
AED 16,200 /yr
Last sold
AED 305K · November 2021
Building
Al Thamam 55

About 204, Al Thamam 55

204 is a two-bedroom apartment of 1,009 sqft on the 2nd floor of Al Thamam 55, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 16 November 2021 for AED 305,000, or AED 302 per sqft, 29% below the AED 426 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 28 February 2022, is AED 52,000 a year: a gross yield of 17.1% on the 2021 price, before the service charge of about AED 16,200 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical two-bed in Al Thamam 55
500K1M2009201320172021Typical sale price by year: 2009 AED 1,030,581; 2013 AED 938,623; 2014 AED 965,518Sold by developer, April 2009: AED 877,023 (AED 869 per sqft)Sold, May 2013: AED 753,186 (AED 746 per sqft)Sold, June 2013: AED 730,000 (AED 723 per sqft)Sold, November 2021: AED 305,000 (AED 302 per sqft)

204 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 204, each contractTypical two-bed in Al Thamam 55
40K60K80K2014201820222026Typical rent by year: 2014 AED 78,000; 2015 AED 83,500; 2016 AED 82,000; 2017 AED 75,780; 2018 AED 75,000; 2019 AED 60,000; 2020 AED 52,000; 2021 AED 45,500; 2022 AED 52,000; 2023 AED 59,000; 2024 AED 67,500; 2025 AED 66,400; 2026 AED 75,503New contract, January 2017: AED 76,560 a yearRenewal, February 2018: AED 75,000 a yearRenewal, February 2019: AED 70,378 a yearNew contract, March 2020: AED 51,000 a yearRenewal, March 2021: AED 44,000 a yearNew contract, February 2022: AED 52,000 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 55, and where 204 sits

All 16 2-beds →

204 last sold in November 2021 at AED 302 per sqft, 29% below what two-beds in Al Thamam 55 were fetching at the time (AED 426). Over the last 12 months two-beds sold for AED 800,000, around AED 792 per sqft, and rent for AED 62,900 to 80,850 a year. 204's AED 52,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Jun 2026800,000
11 Aug 20251,180,000
16 Jul 2025920,000
16 May 2023630,000
1 2-bed sale in the last 12 months

Al Thamam 55

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 792
Typical sale
AED 645K
Typical rent
AED 52K /yr
Typical yield
8.7%
Al Thamam 55, Remraam: prices, sales and rents →

Other units on the 2nd floor

All 47 units in Al Thamam 55
Value
2011-bedAED 301K · Jun 2015
2022-bedAED 1.26M · Aug 2015
2032-bedAED 1.3M · Jun 2014
2052-bedAED 550K · Feb 2021
2062-bedAED 640K · Nov 2020
2072-bedAED 860K · Sep 2022
2081-bedAED 501K · Sep 2014
1–7 of 8

204, Al Thamam 55 in numbers

  • Sold 4 times: first on 26 April 2009 for AED 877,023, last on 16 November 2021 for AED 305,000 (AED 302 per sqft).
  • Rented since January 2017 on 6 Ejari contracts. The rent fell from AED 76,560 to AED 44,000 in 2021 and recovered to AED 52,000 by February 2022.
  • At AED 52,000 a year the gross yield on the 2021 price is 17.1%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 55 sold for AED 800,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 792 per sqft.

Source: Dubai Land Department. Updated 28 February 2022.

Questions about 204, Al Thamam 55

What did unit 204 last sell for?

AED 305,000 on 16 November 2021: AED 302 per sqft for 1,009 sqft. The unit has 4 registered sales; the first was AED 877,023 in April 2009.

What is the rent for unit 204?

AED 52,000 a year on the contract signed on 28 February 2022. The previous contract, from March 2021, was AED 44,000; the unit has been rented since January 2017.

How big is unit 204?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2011.

What is unit 204 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 55 sold for AED 800,000 to 800,000 in the last 12 months, around AED 792 per sqft.

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Mortgage on 204, Al Thamam 55

Starts from the last sale price (AED 305K, 16 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 305,000
Deposit, UAE resident (20%)
AED 61,000
Deposit, non-resident (40%)
AED 122,000
Monthly over 25 years at 3.7%
AED 1,248

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