506, Al Thamam 02
Sold prices and rental history: sold twice, last in February 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Al Thamam 02
What is 506 worth today?
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Source: Dubai Land Department. Updated 27 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 773 sqft
- Floor
- 5th of 5
- Parking
- G-71
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,400 /yr
- Last sold
- AED 750K · February 2017
- Building
- Al Thamam 02
About 506, Al Thamam 02
506 is a one-bedroom apartment of 773 sqft on the 5th floor of Al Thamam 02, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 14 February 2017 for AED 750,000, or AED 969 per sqft, 28% above the AED 755 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 27 August 2026, is AED 55,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 12,400 a year.
Sales and rents for 506 over time
506 has sold twice; 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 506 sits
All 21 1-beds →506 last sold in February 2017 at AED 969 per sqft, 28% above what one-beds in Al Thamam 02 were fetching at the time (AED 755). 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. 506's AED 55,000 is in the upper 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 | |
| 502 | 1-bed | 755 sqft | AED 692KAED 691,740 · Apr 2013April 2013 | 50,000 /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 | |
| 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 |
506, Al Thamam 02 in numbers
- Sold twice: first on 8 January 2014 for AED 796,220, last on 14 February 2017 for AED 750,000 (AED 969 per sqft).
- Rented since May 2018 on 5 Ejari contracts. The rent fell from AED 58,000 to AED 32,000 in 2021 and recovered to AED 55,000 by August 2026.
- At AED 55,000 a year the gross yield on the 2017 price is 7.3%, before a service charge of about AED 12,400 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 27 August 2026.
Questions about 506, Al Thamam 02
What did unit 506 last sell for?
AED 750,000 on 14 February 2017: AED 969 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 796,220 in January 2014.
What is the rent for unit 506?
AED 55,000 a year on the contract signed on 27 August 2026. The previous contract, from May 2021, was AED 32,000; the unit has been rented since May 2018.
How big is unit 506?
773 sqft (71.8 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.
What is unit 506 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 506, Al Thamam 02
Starts from the last sale price (AED 750K, 14 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →