504, Al Thamam 47
Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Al Thamam 47
What is 504 worth today?
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Source: Dubai Land Department. Updated 15 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,009 sqft
- Floor
- 5th of 7
- Parking
- G-69
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 16,200 /yr
- Last sold
- AED 800K · May 2024
- Building
- Al Thamam 47
About 504, Al Thamam 47
504 is a two-bedroom apartment of 1,009 sqft on the 5th floor of Al Thamam 47, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 13 May 2024 for AED 800,000, or AED 793 per sqft, 8% above the AED 733 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 November 2024, is AED 59,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 16,200 a year.
Sales and rents for 504 over time
504 has sold 4 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 47, and where 504 sits
All 17 2-beds →504 last sold in May 2024 at AED 793 per sqft, 8% above what two-beds in Al Thamam 47 were fetching at the time (AED 733).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 May 202514 May 2025 | 1,009 sqft | 925,000 | 917 | ||
| 23 Apr 202523 April 2025 | 1,009 sqft | 940,000 | 931 | ||
| 11 Nov 202411 November 2024 | 1,009 sqft | 870,000 | 862 | ||
| 8 Oct 20248 October 2024 | 1,501 sqft | 1,115,000 | 742 |
Al Thamam 47
Building63 apartments, studios to 3-bed over 7 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 65K /yr
- Typical yield
Other units on the 5th floor
All 63 units in Al Thamam 47| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 552KAED 551,803 · Dec 2013December 2013 | 60,000 /yr | |
| 502 | 1-bed | 755 sqft | AED 410KAED 410,000 · Dec 2021December 2021 | 47,250 /yr | |
| 503 | 1-bed | 773 sqft | AED 712KAED 712,282 · May 2013May 2013 | 60,000 /yr | |
| 505 | 2-bed | 1,009 sqft | AED 940KAED 940,000 · Apr 2025April 2025 | 72,000 /yr | |
| 506 | 1-bed | 773 sqft | AED 660KAED 660,000 · Jun 2016June 2016 | 40,000 /yr | |
| 507 | 1-bed | 755 sqft | AED 380KAED 380,000 · Feb 2023February 2023 | 62,000 /yr | |
| 508 | 1-bed | 665 sqft | AED 575KAED 575,000 · Mar 2025March 2025 | 35,000 /yr | |
| 509 | Studio | 387 sqft | AED 255KAED 255,000 · May 2021May 2021 | 28,750 /yr |
504, Al Thamam 47 in numbers
- Sold 4 times: first on 21 April 2009 for AED 939,226, last on 13 May 2024 for AED 800,000 (AED 793 per sqft).
- Rented since December 2013 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 42,000 in 2020 and recovered to AED 59,000 by November 2024.
- At AED 59,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 15 November 2024.
Questions about 504, Al Thamam 47
What did unit 504 last sell for?
AED 800,000 on 13 May 2024: AED 793 per sqft for 1,009 sqft. The unit has 4 registered sales; the first was AED 939,226 in April 2009.
What is the rent for unit 504?
AED 59,000 a year on the contract renewed on 15 November 2024. The previous contract, from November 2022, was AED 55,000; the unit has been rented since December 2013.
How big is unit 504?
1,009 sqft (93.7 sqm): a two-bedroom apartment on the 5th floor of a 7-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 47
Starts from the last sale price (AED 800K, 13 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →