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2-bed · 1,009 sqftAl Thamam 07, Remraam · 5th floor · completed 2011

504, Al Thamam 07

Sold prices and rental history: sold 4 times, last in September 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 14 September 2020
Last soldAED 650K14 September 2020
Current rentAED 57K /yr1 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504, Al Thamam 07

What is 504 worth today?

Last sold for AED 650,000 in 2020

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14 Sep 2020SoldReady
AED 650,000AED 644 per sqft
1 Dec 2019RentedNew contract
AED 57,000/yr12 months · AED 56 per sqft
16 Oct 2019SoldReady
AED 454,005AED 450 per sqft
1 Dec 2018RentedRenewal
AED 65,000/yr12 months · AED 64 per sqft
1 Dec 2017RentedNew contract
AED 72,000/yr12 months · AED 71 per sqft
1 Jan 2015RentedNew contract
AED 85,000/yr12 months · AED 84 per sqft
7 Oct 2014SoldReady
AED 950,110AED 941 per sqft
7 Apr 2009Sold by developerOff-plan
AED 963,109AED 954 per sqft

Source: Dubai Land Department. Updated 14 September 2020.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
5th of 6
Parking
G-69
Developer
Remraam
Completed
2011
Service charge
AED 16,200 /yr
Last sold
AED 650K · September 2020
Building
Al Thamam 07

About 504, Al Thamam 07

504 is a two-bedroom apartment of 1,009 sqft on the 5th floor of Al Thamam 07, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 14 September 2020 for AED 650,000, or AED 644 per sqft, 43% above the AED 450 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 1 December 2019, is AED 57,000 a year: a gross yield of 8.8% on the 2020 price, before the service charge of about AED 16,200 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Al Thamam 07
500K1M20092013201720212025Typical sale price by year: 2009 AED 1,038,861; 2014 AED 1,024,259; 2015 AED 550,000; 2019 AED 477,329; 2020 AED 587,500; 2024 AED 760,000Sold by developer, April 2009: AED 963,109 (AED 954 per sqft)Sold, October 2014: AED 950,110 (AED 941 per sqft)Sold, October 2019: AED 454,005 (AED 450 per sqft)Sold, September 2020: AED 650,000 (AED 644 per sqft)

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

Rents
Unit 504, each contractTypical two-bed in Al Thamam 07
60K80K20142017202020232026Typical rent by year: 2014 AED 75,000; 2015 AED 85,000; 2016 AED 82,000; 2017 AED 75,000; 2018 AED 72,000; 2019 AED 67,500; 2020 AED 57,000; 2021 AED 52,000; 2022 AED 62,000; 2023 AED 62,000; 2024 AED 70,000; 2025 AED 77,500New contract, January 2015: AED 85,000 a yearNew contract, December 2017: AED 72,000 a yearRenewal, December 2018: AED 65,000 a yearNew contract, December 2019: AED 57,000 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 07, and where 504 sits

All 20 2-beds →

504 last sold in September 2020 at AED 644 per sqft, 43% above what two-beds in Al Thamam 07 were fetching at the time (AED 450). 504's AED 57,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jul 20251,125,000
12 Dec 2024980,000
16 Feb 2024760,000
2 Feb 2024650,000
0 2-bed sales in the last 12 months

Al Thamam 07

Building

55 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 949
Typical sale
AED 655K
Typical rent
AED 82K /yr
Typical yield
9.0%
Al Thamam 07, Remraam: prices, sales and rents →

Other units on the 5th floor

All 55 units in Al Thamam 07
Value
5011-bedAED 700K · Jan 2014
5021-bedAED 645K · Dec 2024
5031-bedAED 410K · Jan 2021
5052-bedAED 750K · Jan 2020
506AED 660K · Aug 2025
5071-bedAED 620K · Feb 2024
5081-bedAED 350K · May 2020
1–7 of 8

504, Al Thamam 07 in numbers

  • Sold 4 times: first on 7 April 2009 for AED 963,109, last on 14 September 2020 for AED 650,000 (AED 644 per sqft).
  • Rented since January 2015 on 4 Ejari contracts, from AED 85,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2020 price is 8.8%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 14 September 2020.

Questions about 504, Al Thamam 07

What did unit 504 last sell for?

AED 650,000 on 14 September 2020: AED 644 per sqft for 1,009 sqft. The unit has 4 registered sales; the first was AED 963,109 in April 2009.

What is the rent for unit 504?

AED 57,000 a year on the contract signed on 1 December 2019. The previous contract, from December 2018, was AED 65,000; the unit has been rented since January 2015.

How big is unit 504?

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 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 07

Starts from the last sale price (AED 650K, 14 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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