504, Al Thamam 59
Sold prices and rental history: sold 3 times, last in December 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 504, Al Thamam 59
What is 504 worth today?
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Source: Dubai Land Department. Updated 27 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,116 sqft
- Floor
- 5th of 5
- Parking
- G-69
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 17,900 /yr
- Last sold
- AED 985K · December 2024
- Building
- Al Thamam 59
About 504, Al Thamam 59
504 is a two-bedroom apartment of 1,116 sqft on the 5th floor of Al Thamam 59, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 27 December 2024 for AED 985,000, or AED 882 per sqft, 6% above the AED 834 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 55,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 17,900 a year.
Sales and rents for 504 over time
504 has sold 3 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 59, and where 504 sits
All 16 2-beds →504 last sold in December 2024 at AED 882 per sqft, 6% above what two-beds in Al Thamam 59 were fetching at the time (AED 834). Over the last 12 months two-beds sold for AED 1,310,000, around AED 819 per sqft, and rent for AED 30,000 to 85,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Nov 202513 November 2025 | 1,599 sqft | 1,310,000 | 819 | ||
| 11 Sep 202511 September 2025 | 1,501 sqft | 1,250,000 | 832 | ||
| 9 Apr 20259 April 2025 | 1,501 sqft | 1,150,000 | 766 | ||
| 6 Mar 20256 March 2025 | 1,009 sqft | 1,125,000 | 1,115 |
Al Thamam 59
Building48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.
- Typical price per sqft
- AED 880
- Typical sale
- AED 1.01M
- Typical rent
- AED 49K /yr
- Typical yield
- 8.8%
Other units on the 5th floor
All 48 units in Al Thamam 59| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 350KAED 350,000 · Sep 2021September 2021 | 48,000 /yr | |
| 502 | 1-bed | 755 sqft | AED 450KAED 450,000 · Jun 2023June 2023 | 38,000 /yr | |
| 503 | 1-bed | 773 sqft | AED 705KAED 705,000 · Sep 2025September 2025 | 58,000 /yr | |
| 505 | 2-bed | 1,116 sqft | AED 895KAED 895,000 · Nov 2016November 2016 | 52,000 /yr | |
| 506 | 1-bed | 773 sqft | AED 660KAED 660,000 · Feb 2017February 2017 | 65,000 /yr | |
| 507 | 1-bed | 755 sqft | AED 710KAED 710,000 · Sep 2026September 2026 | 48,000 /yr | |
| 508 | 1-bed | 665 sqft | AED 700KAED 700,280 · Jun 2013June 2013 | 56,000 /yr | |
| 509 | Studio | 387 sqft | AED 480KAED 480,000 · Apr 2014April 2014 | 44,000 /yr |
504, Al Thamam 59 in numbers
- Sold 3 times: first on 26 April 2009 for AED 1,032,846, last on 27 December 2024 for AED 985,000 (AED 882 per sqft).
- Rented since April 2014 on 6 Ejari contracts, from AED 80,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 17,900 a year (AED 16.07 per sqft).
- Two-beds in Al Thamam 59 sold for AED 1,310,000–1,310,000 in the 12 months to November 2026; the building's median across all types is AED 880 per sqft.
Source: Dubai Land Department. Updated 27 December 2024.
Questions about 504, Al Thamam 59
What did unit 504 last sell for?
AED 985,000 on 27 December 2024: AED 882 per sqft for 1,116 sqft. The unit has 3 registered sales; the first was AED 1,032,846 in April 2009.
What is the rent for unit 504?
AED 55,000 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 55,000; the unit has been rented since April 2014.
How big is unit 504?
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 504 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 59 sold for AED 1,310,000 to 1,310,000 in the last 12 months, around AED 819 per sqft.
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Mortgage on 504, Al Thamam 59
Starts from the last sale price (AED 985K, 27 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 985,000
- Deposit, UAE resident (20%)
- AED 197,000
- Deposit, non-resident (40%)
- AED 394,000
- Monthly over 25 years at 3.7%
- AED 4,030
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →