1-bed · 689 sqftAl Thamam 02, Remraam · 5th floor · completed 2011

501, Al Thamam 02

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 19 September 2022
Last soldAED 390K19 September 2022
Current rentAED 32K /yr12 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Al Thamam 02

What is 501 worth today?

Last sold for AED 390,000 in 2022

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19 Sep 2022SoldReady
AED 390,000AED 566 per sqft
12 Jan 2022RentedRenewal
AED 31,560/yr4 months · AED 46 per sqft
12 Jan 2021RentedRenewal
AED 32,000/yr12 months · AED 46 per sqft
12 Jan 2020RentedNew contract
AED 36,000/yr12 months · AED 52 per sqft
3 Nov 2017RentedNew contract
AED 55,000/yr12 months · AED 80 per sqft
2 Nov 2016RentedRenewal
AED 49,862/yr12 months · AED 72 per sqft
2 Nov 2015RentedRenewal
AED 50,000/yr12 months · AED 73 per sqft
2 Nov 2014RentedRenewal
AED 48,200/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 19 September 2022.

Key facts

Type
1-bed apartment
Size
689 sqft
Floor
5th of 5
Parking
G-66
Developer
Remraam
Completed
2011
Service charge
AED 11,100 /yr
Last sold
AED 390K · September 2022
Building
Al Thamam 02

About 501, Al Thamam 02

501 is a one-bedroom apartment of 689 sqft on the 5th floor of Al Thamam 02, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 19 September 2022 for AED 390,000, or AED 566 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 12 January 2022, is AED 31,560 a year: a gross yield of 8.1% on the 2022 price, before the service charge of about AED 11,100 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Al Thamam 02
500K750K2013201620192022Typical sale price by year: 2013 AED 713,206; 2014 AED 718,500; 2016 AED 761,457; 2022 AED 390,000Sold by developer, May 2013: AED 849,730 (AED 1,233 per sqft)Sold, September 2022: AED 390,000 (AED 566 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Al Thamam 02
40K60K2013201720212025Typical rent by year: 2013 AED 46,000; 2014 AED 52,421; 2015 AED 55,000; 2016 AED 55,500; 2017 AED 57,000; 2018 AED 53,000; 2019 AED 45,000; 2020 AED 38,000; 2021 AED 32,000; 2022 AED 35,500; 2023 AED 47,000; 2024 AED 52,250; 2025 AED 55,000; 2026 AED 55,000New contract, November 2013: AED 46,000 a yearRenewal, November 2014: AED 48,200 a yearRenewal, November 2015: AED 50,000 a yearRenewal, November 2016: AED 49,862 a yearNew contract, November 2017: AED 55,000 a yearNew contract, January 2020: AED 36,000 a yearRenewal, January 2021: AED 32,000 a yearRenewal, January 2022: AED 31,560 a year

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 02, and where 501 sits

All 21 1-beds →

Over the last 12 months one-beds sold for AED 690,000, around AED 913 per sqft, and rent for AED 31,500 to 70,000 a year. 501's AED 31,560 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Apr 2026690,000
11 Jul 2025690,000
7 May 2025680,000
9 Oct 2024650,000
1 1-bed sale in the last 12 months

Al Thamam 02

Building

47 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 913
Typical sale
AED 690K
Typical rent
AED 55K /yr
Typical yield
8.1%
Al Thamam 02, Remraam: prices, sales and rents →

Other units on the 5th floor

All 47 units in Al Thamam 02
Value
5021-bedAED 692K · Apr 2013
5031-bedAED 650K · Oct 2024
5042-bedAED 600K · Dec 2022
5052-bedAED 1.12M · Aug 2013
5061-bedAED 750K · Feb 2017
5071-bedAED 696K · Apr 2013
5081-bedAED 700K · Jul 2015
1–7 of 8

501, Al Thamam 02 in numbers

  • Sold twice: first on 29 May 2013 for AED 849,730, last on 19 September 2022 for AED 390,000 (AED 566 per sqft).
  • Rented since November 2013 on 8 Ejari contracts, from AED 46,000 to AED 31,560 a year.
  • At AED 31,560 a year the gross yield on the 2022 price is 8.1%, before a service charge of about AED 11,100 a year (AED 16.07 per sqft).
  • One-beds in Al Thamam 02 sold for AED 690,000–690,000 in the 12 months to November 2026; the building's median across all types is AED 913 per sqft.

Source: Dubai Land Department. Updated 19 September 2022.

Questions about 501, Al Thamam 02

What did unit 501 last sell for?

AED 390,000 on 19 September 2022: AED 566 per sqft for 689 sqft. The unit has 2 registered sales; the first was AED 849,730 in May 2013.

What is the rent for unit 501?

AED 31,560 a year on the contract renewed on 12 January 2022. The previous contract, from January 2021, was AED 32,000; the unit has been rented since November 2013.

How big is unit 501?

689 sqft (64.0 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.

What is unit 501 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 02 sold for AED 690,000 to 690,000 in the last 12 months, around AED 913 per sqft.

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Mortgage on 501, Al Thamam 02

Starts from the last sale price (AED 390K, 19 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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