502, Al Thamam 01
Sold prices and rental history: sold 4 times, last in February 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Al Thamam 01
What is 502 worth today?
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Source: Dubai Land Department. Updated 15 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 777 sqft
- Floor
- 5th of 5
- Parking
- G-94
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,500 /yr
- Last sold
- AED 420K · February 2023
- Building
- Al Thamam 01
About 502, Al Thamam 01
502 is a one-bedroom apartment of 777 sqft on the 5th floor of Al Thamam 01, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 23 February 2023 for AED 420,000, or AED 540 per sqft, 4% below the AED 560 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 15 April 2024, is AED 67,000 a year: a gross yield of 16.0% on the 2023 price, before the service charge of about AED 12,500 a year.
Sales and rents for 502 over time
502 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Thamam 01, and where 502 sits
All 22 1-beds →502 last sold in February 2023 at AED 540 per sqft, 4% below what one-beds in Al Thamam 01 were fetching at the time (AED 560). Over the last 12 months one-beds sold for AED 670,000, around AED 883 per sqft, and rent for AED 24,000 to 60,000 a year. 502's AED 67,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Jun 202626 June 2026 | 758 sqft | 670,000 | 883 | ||
| 23 Apr 202523 April 2025 | 665 sqft | 600,000 | 902 | ||
| 4 Jan 20254 January 2025 | 758 sqft | 635,000 | 837 | ||
| 5 Sep 20245 September 2024 | 1,158 sqft | 675,000 | 582 |
Al Thamam 01
Building48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,061
- Typical sale
- AED 855K
- Typical rent
- AED 70K /yr
- Typical yield
- 7.3%
Other units on the 5th floor
All 48 units in Al Thamam 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 665 sqft | AED 380KAED 380,000 · Feb 2022February 2022 | 44,500 /yr | |
| 503 | 1-bed | 777 sqft | AED 425KAED 425,000 · May 2022May 2022 | 48,097 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 630KAED 630,000 · May 2022May 2022 | 57,750 /yr | |
| 505 | 2-bed | 1,109 sqft | AED 630KAED 630,000 · Feb 2022February 2022 | 100,000 /yr | |
| 506 | 1-bed | 777 sqft | AED 460KAED 460,000 · Mar 2022March 2022 | 35,000 /yr | |
| 507 | 1-bed | 777 sqft | AED 440KAED 440,000 · Jul 2022July 2022 | 42,000 /yr | |
| 508 | 1-bed | 689 sqft | AED 380KAED 380,000 · Jan 2023January 2023 | 24,000 /yr | |
| 509 | Studio | 468 sqft | AED 510KAED 510,000 · Mar 2026March 2026 | 54,000 /yr |
502, Al Thamam 01 in numbers
- Sold 4 times: first on 7 December 2011 for AED 737,660, last on 23 February 2023 for AED 420,000 (AED 540 per sqft).
- Rented since September 2012 on 10 Ejari contracts, from AED 30,000 to AED 67,000 a year.
- At AED 67,000 a year the gross yield on the 2023 price is 16.0%, before a service charge of about AED 12,500 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 01 sold for AED 670,000–670,000 in the 12 months to November 2026; the building's median across all types is AED 1,061 per sqft.
Source: Dubai Land Department. Updated 15 April 2024.
Questions about 502, Al Thamam 01
What did unit 502 last sell for?
AED 420,000 on 23 February 2023: AED 540 per sqft for 777 sqft. The unit has 4 registered sales; the first was AED 737,660 in December 2011.
What is the rent for unit 502?
AED 67,000 a year on the contract signed on 15 April 2024. The previous contract, from August 2020, was AED 32,000; the unit has been rented since September 2012.
How big is unit 502?
777 sqft (72.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.
What is unit 502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Thamam 01 sold for AED 670,000 to 670,000 in the last 12 months, around AED 883 per sqft.
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Mortgage on 502, Al Thamam 01
Starts from the last sale price (AED 420K, 23 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 420,000
- Deposit, UAE resident (20%)
- AED 84,000
- Deposit, non-resident (40%)
- AED 168,000
- Monthly over 25 years at 3.7%
- AED 1,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →