506, Al Thamam 03
Sold prices and rental history: sold 3 times, last in March 2023, 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 506, Al Thamam 03
What is 506 worth today?
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Source: Dubai Land Department. Updated 22 March 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 777 sqft
- Floor
- 5th of 5
- Parking
- G-71
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,500 /yr
- Last sold
- AED 450K · March 2023
- Building
- Al Thamam 03
About 506, Al Thamam 03
506 is a one-bedroom apartment of 777 sqft on the 5th floor of Al Thamam 03, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 22 March 2023 for AED 450,000, or AED 579 per sqft, in line with the AED 579 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 March 2022, is AED 39,100 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 12,500 a year.
Sales and rents for 506 over time
506 has sold 3 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 03, and where 506 sits
All 22 1-beds →506 last sold in March 2023 at AED 579 per sqft, in line with what one-beds in Al Thamam 03 were fetching at the time (AED 579). Over the last 12 months one-beds sold for AED 675,000 to 995,000, around AED 979 per sqft, and rent for AED 45,000 to 66,000 a year. 506's AED 39,100 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Mar 202627 March 2026 | 1,159 sqft | 995,000 | 858 | ||
| 9 Mar 20269 March 2026 | 665 sqft | 760,000 | 1,142 | ||
| 27 Jan 202627 January 2026 | 689 sqft | 675,000 | 979 | ||
| 10 Sep 202510 September 2025 | 758 sqft | 735,000 | 969 |
Al Thamam 03
Building46 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 943
- Typical sale
- AED 718K
- Typical rent
- AED 59K /yr
- Typical yield
- 8.2%
Other units on the 5th floor
All 46 units in Al Thamam 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 525KAED 525,000 · May 2024May 2024 | 44,000 /yr | |
| 502 | 1-bed | 777 sqft | AED 730KAED 730,000 · May 2025May 2025 | 63,000 /yr | |
| 503 | 1-bed | 777 sqft | AED 450KAED 450,000 · Oct 2022October 2022 | 65,000 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 600KAED 600,000 · Apr 2021April 2021 | 57,000 /yr | |
| 507 | 1-bed | 777 sqft | AED 540KAED 540,000 · Sep 2023September 2023 | 30,000 /yr | |
| 508 | 1-bed | 665 sqft | AED 525KAED 525,000 · May 2024May 2024 | 50,000 /yr | |
| 509 | Studio | 468 sqft | AED 460KAED 460,000 · Jun 2016June 2016 | 33,000 /yr |
506, Al Thamam 03 in numbers
- Sold 3 times: first on 8 April 2009 for AED 689,762, last on 22 March 2023 for AED 450,000 (AED 579 per sqft).
- Rented since May 2013 on 7 Ejari contracts. The rent fell from AED 42,000 to AED 34,000 in 2021 and recovered to AED 39,100 by March 2022.
- At AED 39,100 a year the gross yield on the 2023 price is 8.7%, before a service charge of about AED 12,500 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 03 sold for AED 675,000–995,000 in the 12 months to November 2026; the building's median across all types is AED 943 per sqft.
Source: Dubai Land Department. Updated 22 March 2023.
Questions about 506, Al Thamam 03
What did unit 506 last sell for?
AED 450,000 on 22 March 2023: AED 579 per sqft for 777 sqft. The unit has 3 registered sales; the first was AED 689,762 in April 2009.
What is the rent for unit 506?
AED 39,100 a year on the contract renewed on 1 March 2022. The previous contract, from March 2021, was AED 34,000; the unit has been rented since May 2013.
How big is unit 506?
777 sqft (72.2 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 03 sold for AED 675,000 to 995,000 in the last 12 months, around AED 979 per sqft.
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Mortgage on 506, Al Thamam 03
Starts from the last sale price (AED 450K, 22 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →