507, Al Thamam 01
Sold prices and rental history: sold 4 times, last in July 2022, 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 507, Al Thamam 01
What is 507 worth today?
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Source: Dubai Land Department. Updated 7 July 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 777 sqft
- Floor
- 5th of 5
- Parking
- G-89
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,500 /yr
- Last sold
- AED 440K · July 2022
- Building
- Al Thamam 01
About 507, Al Thamam 01
507 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 7 July 2022 for AED 440,000, or AED 566 per sqft, in line with the AED 571 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 26 September 2020, is AED 42,000 a year: a gross yield of 9.6% on the 2022 price, before the service charge of about AED 12,500 a year.
Sales and rents for 507 over time
507 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 507 sits
All 22 1-beds →507 last sold in July 2022 at AED 566 per sqft, in line with what one-beds in Al Thamam 01 were fetching at the time (AED 571). 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. 507's AED 42,000 is in the upper half 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 | |
| 502 | 1-bed | 777 sqft | AED 420KAED 420,000 · Feb 2023February 2023 | 67,000 /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 | |
| 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 |
507, Al Thamam 01 in numbers
- Sold 4 times: first on 7 December 2011 for AED 737,660, last on 7 July 2022 for AED 440,000 (AED 566 per sqft).
- Rented since September 2013 on 8 Ejari contracts, from AED 30,000 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2022 price is 9.6%, 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 7 July 2022.
Questions about 507, Al Thamam 01
What did unit 507 last sell for?
AED 440,000 on 7 July 2022: AED 566 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 507?
AED 42,000 a year on the contract renewed on 26 September 2020. The previous contract, from September 2019, was AED 42,000; the unit has been rented since September 2013.
How big is unit 507?
777 sqft (72.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.
What is unit 507 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 507, Al Thamam 01
Starts from the last sale price (AED 440K, 7 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 440,000
- Deposit, UAE resident (20%)
- AED 88,000
- Deposit, non-resident (40%)
- AED 176,000
- Monthly over 25 years at 3.7%
- AED 1,800
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →