505, Al Thamam 57
Sold prices and rental history: sold 5 times, last in April 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Al Thamam 57
What is 505 worth today?
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Source: Dubai Land Department. Updated 25 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,116 sqft
- Floor
- 5th of 5
- Parking
- G-91
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 17,900 /yr
- Last sold
- AED 870K · April 2024
- Building
- Al Thamam 57
About 505, Al Thamam 57
505 is a two-bedroom apartment of 1,116 sqft on the 5th floor of Al Thamam 57, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 26 April 2024 for AED 870,000, or AED 779 per sqft, in line with the AED 779 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 25 June 2024, is AED 83,000 a year: a gross yield of 9.5% on the 2024 price, before the service charge of about AED 17,900 a year.
Sales and rents for 505 over time
505 has sold 5 times; the dashed line is the two-bed median of each year in the building.
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 57, and where 505 sits
All 17 2-beds →505 last sold in April 2024 at AED 779 per sqft, in line with what two-beds in Al Thamam 57 were fetching at the time (AED 779). 505's AED 83,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Aug 202522 August 2025 | 1,009 sqft | 965,000 | 956 | ||
| 31 Jul 202531 July 2025 | 1,008 sqft | 960,000 | 952 | ||
| 30 Jul 202530 July 2025 | 1,599 sqft | 1,100,000 | 687 | ||
| 15 Jan 202515 January 2025 | 755 sqft | 740,000 | 980 |
Al Thamam 57
Building48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.
- Typical price per sqft
- AED 869
- Typical sale
- AED 628K
- Typical rent
- AED 57K /yr
- Typical yield
- 8.0%
Other units on the 5th floor
All 48 units in Al Thamam 57| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 665 sqft | AED 293KAED 293,476 · Dec 2014December 2014 | 44,000 /yr | |
| 502 | 1-bed | 755 sqft | AED 606KAED 605,503 · Nov 2013November 2013 | 48,300 /yr | |
| 503 | 1-bed | 773 sqft | AED 619KAED 619,314 · Nov 2013November 2013 | 45,500 /yr | |
| 504 | 2-bed | 1,116 sqft | AED 580KAED 580,000 · Jan 2021January 2021 | 85,000 /yr | |
| 506 | 1-bed | 773 sqft | AED 510KAED 510,000 · Dec 2023December 2023 | 41,000 /yr | |
| 507 | 2-bed | 755 sqft | AED 740KAED 740,000 · Jan 2025January 2025 | 80,000 /yr | |
| 508 | 1-bed | 689 sqft | AED 620KAED 620,000 · Nov 2025November 2025 | 32,000 /yr | |
| 509 | Studio | 387 sqft | AED 390KAED 390,000 · Dec 2024December 2024 | 45,600 /yr |
505, Al Thamam 57 in numbers
- Sold 5 times: first on 12 May 2009 for AED 1,032,842, last on 26 April 2024 for AED 870,000 (AED 779 per sqft).
- Rented since April 2014 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 48,000 in 2021 and recovered to AED 83,000 by June 2024.
- At AED 83,000 a year the gross yield on the 2024 price is 9.5%, before a service charge of about AED 17,900 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 25 June 2024.
Questions about 505, Al Thamam 57
What did unit 505 last sell for?
AED 870,000 on 26 April 2024: AED 779 per sqft for 1,116 sqft. The unit has 5 registered sales; the first was AED 1,032,842 in May 2009.
What is the rent for unit 505?
AED 83,000 a year on the contract signed on 25 June 2024. The previous contract, from April 2023, was AED 56,000; the unit has been rented since April 2014.
How big is unit 505?
1,116 sqft (103.7 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 57
Starts from the last sale price (AED 870K, 26 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 870,000
- Deposit, UAE resident (20%)
- AED 174,000
- Deposit, non-resident (40%)
- AED 348,000
- Monthly over 25 years at 3.7%
- AED 3,559
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →