502, Al Thamam 02
Sold prices and rental history: sold once, by the developer in April 2013, 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 502, Al Thamam 02
What is 502 worth today?
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Source: Dubai Land Department. Updated 2 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 755 sqft
- Floor
- 5th of 5
- Parking
- G-67
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,100 /yr
- Last sold
- AED 692K · April 2013
- Building
- Al Thamam 02
About 502, Al Thamam 02
502 is a one-bedroom apartment of 755 sqft on the 5th floor of Al Thamam 02, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 16 April 2013 for AED 691,740, or AED 916 per sqft, in line with the AED 921 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 2 January 2025, is AED 50,000 a year: a gross yield of 7.2% on the 2013 price, before the service charge of about AED 12,100 a year.
Sales and rents for 502 over time
502 has sold once; 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 02, and where 502 sits
All 21 1-beds →502 last sold in April 2013 at AED 916 per sqft, in line with what one-beds in Al Thamam 02 were fetching at the time (AED 921). 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. 502's AED 50,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Apr 20262 April 2026 | 755 sqft | 690,000 | 913 | ||
| 11 Jul 202511 July 2025 | 755 sqft | 690,000 | 913 | ||
| 7 May 20257 May 2025 | 1,205 sqft | 680,000 | 564 | ||
| 9 Oct 20249 October 2024 | 773 sqft | 650,000 | 840 |
Al Thamam 02
Building47 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%
Other units on the 5th floor
All 47 units in Al Thamam 02| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 390KAED 390,000 · Sep 2022September 2022 | 31,560 /yr | |
| 503 | 1-bed | 773 sqft | AED 650KAED 650,000 · Oct 2024October 2024 | 60,157 /yr | |
| 504 | 2-bed | 1,116 sqft | AED 600KAED 600,000 · Dec 2022December 2022 | 69,271 /yr | |
| 505 | 2-bed | 1,116 sqft | AED 1.12MAED 1,121,760 · Aug 2013August 2013 | 84,000 /yr | |
| 506 | 1-bed | 773 sqft | AED 750KAED 750,000 · Feb 2017February 2017 | 55,000 /yr | |
| 507 | 1-bed | 755 sqft | AED 696KAED 696,010 · Apr 2013April 2013 | 47,408 /yr | |
| 508 | 1-bed | 665 sqft | AED 700KAED 700,280 · Jul 2015July 2015 | 55,000 /yr | |
| 509 | Studio | 387 sqft | AED 422KAED 422,300 · Aug 2013August 2013 | 35,000 /yr |
502, Al Thamam 02 in numbers
- Sold once: by Remraam on 16 April 2013 for AED 691,740, or AED 916 per sqft.
- Rented since May 2013 on 11 Ejari contracts. The rent fell from AED 42,000 to AED 28,000 in 2021 and recovered to AED 50,000 by January 2025.
- At AED 50,000 a year the gross yield on the 2013 price is 7.2%, before a service charge of about AED 12,100 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 2 January 2025.
Questions about 502, Al Thamam 02
What did unit 502 last sell for?
AED 691,740 on 16 April 2013, sold by the developer: AED 916 per sqft for 755 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 50,000 a year on the contract signed on 2 January 2025. The previous contract, from January 2025, was AED 50,000; the unit has been rented since May 2013.
How big is unit 502?
755 sqft (70.1 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 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 502, Al Thamam 02
Starts from the last sale price (AED 692K, 16 April 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 691,740
- Deposit, UAE resident (20%)
- AED 138,348
- Deposit, non-resident (40%)
- AED 276,696
- Monthly over 25 years at 3.7%
- AED 2,830
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →