2-bed · 997 sqftAl Thamam 14, Remraam · 5th floor · completed 2011

504, Al Thamam 14

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 7 March 2024
Last soldAED 912K20 May 2009
Current rentAED 58K /yr7 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Al Thamam 14

What is 504 worth today?

Last sold for AED 912,176 in 2009

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7 Mar 2024RentedRenewal
AED 58,443/yr12 months · AED 59 per sqft
8 Mar 2023RentedRenewal
AED 55,820/yr12 months · AED 56 per sqft
8 Mar 2022RentedRenewal
AED 50,600/yr12 months · AED 51 per sqft
4 Oct 2019RentedRenewal
AED 65,700/yr12 months · AED 66 per sqft
4 Oct 2018RentedRenewal
AED 73,000/yr12 months · AED 73 per sqft
4 Oct 2017RentedNew contract
AED 73,000/yr12 months · AED 73 per sqft
20 May 2009Sold by developerOff-plan
AED 912,176AED 915 per sqft

Source: Dubai Land Department. Updated 7 March 2024.

Key facts

Type
2-bed apartment
Size
997 sqft
Floor
5th of 6
Parking
G-100
Developer
Remraam
Completed
2011
Service charge
AED 16,000 /yr
Last sold
AED 912K · May 2009
Building
Al Thamam 14

About 504, Al Thamam 14

504 is a two-bedroom apartment of 997 sqft on the 5th floor of Al Thamam 14, a 6-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 20 May 2009 for AED 912,176, or AED 915 per sqft, in line with the AED 901 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 7 March 2024, is AED 58,443 a year: a gross yield of 6.4% on the 2009 price, before the service charge of about AED 16,000 a year.

Sales and rents for 504 over time

Rents
Unit 504, each contractTypical two-bed in Al Thamam 14
60K80K2017202020232026Typical rent by year: 2017 AED 80,000; 2018 AED 73,000; 2019 AED 65,883; 2020 AED 55,900; 2021 AED 51,000; 2022 AED 54,000; 2023 AED 58,642; 2024 AED 63,977; 2025 AED 64,484New contract, October 2017: AED 73,000 a yearRenewal, October 2018: AED 73,000 a yearRenewal, October 2019: AED 65,700 a yearRenewal, March 2022: AED 50,600 a yearRenewal, March 2023: AED 55,820 a yearRenewal, March 2024: AED 58,443 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 14, and where 504 sits

All 22 2-beds →

504 last sold in May 2009 at AED 915 per sqft, in line with what two-beds in Al Thamam 14 were fetching at the time (AED 901).

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jun 20251,260,000
16 Apr 20251,150,000
24 Oct 2024923,626
1 Oct 2024923,626
0 2-bed sales in the last 12 months

Al Thamam 14

Building

71 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 68K /yr
Typical yield
Al Thamam 14, Remraam: prices, sales and rents →

Other units on the 5th floor

All 71 units in Al Thamam 14
Value
501StudioAED 452K · May 2009
5021-bedAED 722K · May 2009
5031-bedAED 719K · May 2009
5051-bedAED 621K · May 2009
5061-bedAED 621K · May 2009
5072-bedAED 912K · May 2009
5081-bedAED 719K · May 2009
1–7 of 10

504, Al Thamam 14 in numbers

  • Sold once: by Remraam on 20 May 2009 for AED 912,176, or AED 915 per sqft.
  • Rented since October 2017 on 6 Ejari contracts. The rent fell from AED 73,000 to AED 50,600 in 2022 and recovered to AED 58,443 by March 2024.
  • At AED 58,443 a year the gross yield on the 2009 price is 6.4%, before a service charge of about AED 16,000 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 7 March 2024.

Questions about 504, Al Thamam 14

What did unit 504 last sell for?

AED 912,176 on 20 May 2009, sold by the developer: AED 915 per sqft for 997 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 58,443 a year on the contract renewed on 7 March 2024. The previous contract, from March 2023, was AED 55,820; the unit has been rented since October 2017.

How big is unit 504?

997 sqft (92.6 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 14

Starts from the last sale price (AED 912K, 20 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 912,176
Deposit, UAE resident (20%)
AED 182,435
Deposit, non-resident (40%)
AED 364,870
Monthly over 25 years at 3.7%
AED 3,732

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