504, Al Thamam 63
Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Al Thamam 63
What is 504 worth today?
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Source: Dubai Land Department. Updated 8 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,109 sqft
- Floor
- 5th of 5
- Parking
- G-69
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 17,800 /yr
- Last sold
- AED 920K · July 2024
- Building
- Al Thamam 63
About 504, Al Thamam 63
504 is a two-bedroom apartment of 1,109 sqft on the 5th floor of Al Thamam 63, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 8 July 2024 for AED 920,000, or AED 829 per sqft, 10% above the AED 753 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 5 February 2023, is AED 60,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 17,800 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 63, and where 504 sits
All 16 2-beds →504 last sold in July 2024 at AED 829 per sqft, 10% above what two-beds in Al Thamam 63 were fetching at the time (AED 753). 504's AED 60,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Aug 202515 August 2025 | 1,006 sqft | 888,590 | 883 | ||
| 23 Jun 202523 June 2025 | 1,006 sqft | 990,000 | 984 | ||
| 13 Jun 202513 June 2025 | 1,005 sqft | 950,000 | 944 | ||
| 8 Dec 20248 December 2024 | 1,109 sqft | 906,000 | 816 |
Al Thamam 63
Building48 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 962
- Typical sale
- AED 640K
- Typical rent
- AED 62K /yr
- Typical yield
- 7.9%
Other units on the 5th floor
All 48 units in Al Thamam 63| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 450KAED 450,000 · Apr 2021April 2021 | 50,000 /yr | |
| 502 | 1-bed | 777 sqft | AED 765KAED 765,000 · Mar 2026March 2026 | 47,000 /yr | |
| 503 | 1-bed | 777 sqft | AED 713KAED 713,150 · Jan 2014January 2014 | 50,000 /yr | |
| 505 | 2-bed | 1,109 sqft | AED 906KAED 906,000 · Dec 2024December 2024 | 82,000 /yr | |
| 506 | 1-bed | 777 sqft | AED 415KAED 415,000 · Apr 2014April 2014 | 36,000 /yr | |
| 507 | 1-bed | 777 sqft | AED 650KAED 650,000 · Feb 2016February 2016 | 48,500 /yr | |
| 508 | 1-bed | 665 sqft | AED 730KAED 729,600 · Mar 2025March 2025 | 39,600 /yr | |
| 509 | Studio | 468 sqft | AED 260KAED 260,000 · Jul 2022July 2022 | 35,000 /yr |
504, Al Thamam 63 in numbers
- Sold 3 times: first on 9 June 2009 for AED 517,556, last on 8 July 2024 for AED 920,000 (AED 829 per sqft).
- Rented since January 2015 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 45,000 in 2020 and recovered to AED 60,000 by February 2023.
- At AED 60,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 17,800 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 8 July 2024.
Questions about 504, Al Thamam 63
What did unit 504 last sell for?
AED 920,000 on 8 July 2024: AED 829 per sqft for 1,109 sqft. The unit has 3 registered sales; the first was AED 517,556 in June 2009.
What is the rent for unit 504?
AED 60,000 a year on the contract renewed on 5 February 2023. The previous contract, from February 2022, was AED 60,000; the unit has been rented since January 2015.
How big is unit 504?
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 504 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 504, Al Thamam 63
Starts from the last sale price (AED 920K, 8 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 920,000
- Deposit, UAE resident (20%)
- AED 184,000
- Deposit, non-resident (40%)
- AED 368,000
- Monthly over 25 years at 3.7%
- AED 3,764
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →