2-bed · 1,009 sqftAl Thamam 59, Remraam · 4th floor · completed 2011

405, Al Thamam 59

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 25 June 2024
Last soldAED 801K10 December 2012
Current rentAED 65K /yr25 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Al Thamam 59

What is 405 worth today?

Last sold for AED 801,367 in 2012

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25 Jun 2024RentedNew contract
AED 65,000/yr12 months · AED 64 per sqft
1 Nov 2022RentedRenewal
AED 51,999/yr4 months · AED 51 per sqft
1 Nov 2021RentedRenewal
AED 52,000/yr12 months · AED 51 per sqft
1 Nov 2020RentedRenewal
AED 54,000/yr12 months · AED 53 per sqft
1 Nov 2019RentedNew contract
AED 54,000/yr12 months · AED 53 per sqft
25 Aug 2018RentedRenewal
AED 75,000/yr12 months · AED 74 per sqft
25 Aug 2017RentedNew contract
AED 80,000/yr12 months · AED 79 per sqft
17 Aug 2014RentedNew contract
AED 80,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 25 June 2024.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
4th of 5
Parking
G-61
Developer
Remraam
Completed
2011
Service charge
AED 16,200 /yr
Last sold
AED 801K · December 2012
Building
Al Thamam 59

About 405, Al Thamam 59

405 is a two-bedroom apartment of 1,009 sqft on the 4th floor of Al Thamam 59, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 10 December 2012 for AED 801,367, or AED 794 per sqft.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 25 June 2024, is AED 65,000 a year: a gross yield of 8.1% on the 2012 price, before the service charge of about AED 16,200 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Al Thamam 59
800K900K2009201220152018Typical sale price by year: 2009 AED 914,347; 2012 AED 886,848; 2013 AED 906,550; 2014 AED 801,367; 2017 AED 870,000Sold by developer, April 2009: AED 933,000 (AED 924 per sqft)Sold, December 2012: AED 801,367 (AED 794 per sqft)

405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 405, each contractTypical two-bed in Al Thamam 59
60K80K2013201720212025Typical rent by year: 2013 AED 56,500; 2014 AED 75,000; 2015 AED 73,200; 2016 AED 75,149; 2017 AED 77,500; 2018 AED 75,000; 2019 AED 57,000; 2020 AED 54,500; 2021 AED 52,000; 2022 AED 51,999; 2023 AED 58,000; 2024 AED 67,000; 2025 AED 77,500New contract, January 2013: AED 48,000 a yearNew contract, January 2014: AED 60,000 a yearNew contract, August 2014: AED 80,000 a yearNew contract, August 2017: AED 80,000 a yearRenewal, August 2018: AED 75,000 a yearNew contract, November 2019: AED 54,000 a yearRenewal, November 2020: AED 54,000 a yearRenewal, November 2021: AED 52,000 a yearRenewal, November 2022: AED 51,999 a yearNew contract, June 2024: AED 65,000 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 59, and where 405 sits

All 14 2-beds →

Over the last 12 months two-beds sold for AED 1,310,000, around AED 819 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Apr 20251,150,000
6 Mar 20251,125,000
27 Dec 2024985,000
9 Oct 2024850,000
1 2-bed sale in the last 12 months

Al Thamam 59

Building

48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 819
Typical sale
AED 1.31M
Typical rent
AED 65K /yr
Typical yield
10.4%
Al Thamam 59, Remraam: prices, sales and rents →

Other units on the 4th floor

All 48 units in Al Thamam 59
Value
4011-bedAED 550K · Mar 2018
4021-bedAED 601K · Apr 2014
4031-bedAED 685K · Nov 2016
4042-bedAED 1.13M · Mar 2025
4061-bedAED 694K · Jul 2013
4071-bedAED 359K · Oct 2012
4081-bedAED 615K · Jan 2016
1–7 of 8

405, Al Thamam 59 in numbers

  • Sold twice: first on 26 April 2009 for AED 933,000, last on 10 December 2012 for AED 801,367 (AED 794 per sqft).
  • Rented since January 2013 on 10 Ejari contracts, from AED 48,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2012 price is 8.1%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 59 sold for AED 1,310,000–1,310,000 in the 12 months to November 2026; the building's median across all types is AED 819 per sqft.

Source: Dubai Land Department. Updated 25 June 2024.

Questions about 405, Al Thamam 59

What did unit 405 last sell for?

AED 801,367 on 10 December 2012: AED 794 per sqft for 1,009 sqft. The unit has 2 registered sales; the first was AED 933,000 in April 2009.

What is the rent for unit 405?

AED 65,000 a year on the contract signed on 25 June 2024. The previous contract, from November 2022, was AED 51,999; the unit has been rented since January 2013.

How big is unit 405?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2011.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Thamam 59 sold for AED 1,310,000 to 1,310,000 in the last 12 months, around AED 819 per sqft.

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Mortgage on 405, Al Thamam 59

Starts from the last sale price (AED 801K, 10 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 801,367
Deposit, UAE resident (20%)
AED 160,273
Deposit, non-resident (40%)
AED 320,547
Monthly over 25 years at 3.7%
AED 3,279

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