2-bed · 1,009 sqftAl Thamam 04, Remraam · 5th floor · completed 2011

505, Al Thamam 04

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 921K19 September 2013
Current rentAED 61K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Al Thamam 04

What is 505 worth today?

Last sold for AED 920,560 in 2013

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1 Apr 2025RentedRenewal
AED 61,215/yr12 months · AED 61 per sqft
1 Apr 2024RentedRenewal
AED 58,300/yr12 months · AED 58 per sqft
1 Apr 2023RentedRenewal
AED 53,000/yr12 months · AED 53 per sqft
1 Apr 2022RentedNew contract
AED 50,000/yr12 months · AED 50 per sqft
1 Jan 2021RentedRenewal
AED 49,000/yr12 months · AED 49 per sqft
1 Jan 2020RentedRenewal
AED 60,000/yr12 months · AED 59 per sqft
1 Dec 2016RentedNew contract
AED 75,000/yr12 months · AED 74 per sqft
1 Nov 2015RentedRenewal
AED 69,386/yr11 months · AED 69 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
5th of 6
Parking
TA04-G-91
Developer
Remraam
Completed
2011
Service charge
AED 16,200 /yr
Last sold
AED 921K · September 2013
Building
Al Thamam 04

About 505, Al Thamam 04

505 is a two-bedroom apartment of 1,009 sqft on the 5th floor of Al Thamam 04, a 6-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 19 September 2013 for AED 920,560, or AED 912 per sqft, in line with the AED 900 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 61,215 a year: a gross yield of 6.7% on the 2013 price, before the service charge of about AED 16,200 a year.

Sales and rents for 505 over time

Rents
Unit 505, each contractTypical two-bed in Al Thamam 04
60K80K2013201720212025Typical rent by year: 2013 AED 60,065; 2014 AED 64,967; 2015 AED 69,300; 2016 AED 73,500; 2017 AED 73,500; 2018 AED 72,768; 2019 AED 67,000; 2020 AED 60,000; 2021 AED 47,000; 2022 AED 50,000; 2023 AED 55,000; 2024 AED 60,500; 2025 AED 65,314New contract, October 2013: AED 60,053 a yearNew contract, November 2014: AED 63,000 a yearRenewal, November 2015: AED 69,386 a yearNew contract, December 2016: AED 75,000 a yearRenewal, January 2020: AED 60,000 a yearRenewal, January 2021: AED 49,000 a yearNew contract, April 2022: AED 50,000 a yearRenewal, April 2023: AED 53,000 a yearRenewal, April 2024: AED 58,300 a yearRenewal, April 2025: AED 61,215 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 04, and where 505 sits

All 22 2-beds →

505 last sold in September 2013 at AED 912 per sqft, in line with what two-beds in Al Thamam 04 were fetching at the time (AED 900). 505's AED 61,215 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Sep 2013908,120
19 Sep 2013901,900
19 Sep 20131,115,781
19 Sep 2013901,900
0 2-bed sales in the last 12 months

Al Thamam 04

Building

57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 48K /yr
Typical yield
Al Thamam 04, Remraam: prices, sales and rents →

Other units on the 5th floor

All 57 units in Al Thamam 04
Value
5011-bedAED 632K · Sep 2013
5021-bedAED 709K · Sep 2013
5031-bedAED 719K · Sep 2013
5042-bedAED 921K · Sep 2013
5061-bedAED 719K · Sep 2013
5071-bedAED 709K · Sep 2013
5081-bedAED 632K · Sep 2013
1–7 of 8

505, Al Thamam 04 in numbers

  • Sold once: by Remraam on 19 September 2013 for AED 920,560, or AED 912 per sqft.
  • Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 60,053 to AED 49,000 in 2021 and recovered to AED 61,215 by April 2025.
  • At AED 61,215 a year the gross yield on the 2013 price is 6.7%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 1 April 2025.

Questions about 505, Al Thamam 04

What did unit 505 last sell for?

AED 920,560 on 19 September 2013, sold by the developer: AED 912 per sqft for 1,009 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 61,215 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 58,300; the unit has been rented since October 2013.

How big is unit 505?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 5th floor of a 6-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 04

Starts from the last sale price (AED 921K, 19 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 920,560
Deposit, UAE resident (20%)
AED 184,112
Deposit, non-resident (40%)
AED 368,224
Monthly over 25 years at 3.7%
AED 3,766

Plus AED 43,673 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →