502, Al Thamam 05
Sold prices and rental history: sold 4 times, last in September 2019, 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 05
What is 502 worth today?
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Source: Dubai Land Department. Updated 5 February 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 774 sqft
- Floor
- 5th of 5
- Parking
- G-88
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,400 /yr
- Last sold
- AED 470K · September 2019
- Building
- Al Thamam 05
About 502, Al Thamam 05
502 is a one-bedroom apartment of 774 sqft on the 5th floor of Al Thamam 05, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 12 September 2019 for AED 470,000, or AED 607 per sqft, 10% below the AED 672 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 5 February 2023, is AED 42,227 a year: a gross yield of 9.0% on the 2019 price, before the service charge of about AED 12,400 a year.
Sales and rents for 502 over time
502 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 05, and where 502 sits
All 22 1-beds →502 last sold in September 2019 at AED 607 per sqft, 10% below what one-beds in Al Thamam 05 were fetching at the time (AED 672). 502's AED 42,227 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jan 202520 January 2025 | 756 sqft | 678,765 | 898 | ||
| 4 Jun 20244 June 2024 | 1,156 sqft | 670,000 | 579 | ||
| 2 Mar 20232 March 2023 | 669 sqft | 340,000 | 508 | ||
| 26 Sep 202226 September 2022 | 1,156 sqft | 500,000 | 432 |
Al Thamam 05
Building47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.
- Typical price per sqft
- AED 879
- Typical sale
- AED 1.45M
- Typical rent
- AED 62K /yr
- Typical yield
- 8.3%
Other units on the 5th floor
All 47 units in Al Thamam 05| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 669 sqft | AED 650KAED 650,000 · Nov 2014November 2014 | 37,025 /yr | |
| 503 | 1-bed | 774 sqft | AED 709KAED 708,828 · May 2014May 2014 | 60,000 /yr | |
| 504 | 2-bed | 1,113 sqft | AED 1.05MAED 1,050,000 · Aug 2025August 2025 | 85,000 /yr | |
| 505 | 2-bed | 1,113 sqft | AED 1.1MAED 1,100,000 · Feb 2026February 2026 | 48,400 /yr | |
| 506 | 1-bed | 774 sqft | AED 697KAED 696,875 · Oct 2013October 2013 | 32,000 /yr | |
| 507 | 1-bed | 774 sqft | AED 929KAED 929,260 · Apr 2018April 2018 | 40,000 /yr | |
| 508 | 1-bed | 668 sqft | AED 605KAED 604,624 · Oct 2013October 2013 | 51,000 /yr | |
| 509 | Studio | 401 sqft | AED 373KAED 372,913 · Sep 2012September 2012 | 40,000 /yr |
502, Al Thamam 05 in numbers
- Sold 4 times: first on 30 March 2009 for AED 708,828, last on 12 September 2019 for AED 470,000 (AED 607 per sqft).
- Rented since July 2013 on 9 Ejari contracts. The rent fell from AED 45,000 to AED 34,000 in 2020 and recovered to AED 42,227 by February 2023.
- At AED 42,227 a year the gross yield on the 2019 price is 9.0%, before a service charge of about AED 12,400 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 5 February 2023.
Questions about 502, Al Thamam 05
What did unit 502 last sell for?
AED 470,000 on 12 September 2019: AED 607 per sqft for 774 sqft. The unit has 4 registered sales; the first was AED 708,828 in March 2009.
What is the rent for unit 502?
AED 42,227 a year on the contract signed on 5 February 2023. The previous contract, from February 2022, was AED 37,000; the unit has been rented since July 2013.
How big is unit 502?
774 sqft (71.9 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.
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Mortgage on 502, Al Thamam 05
Starts from the last sale price (AED 470K, 12 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 470,000
- Deposit, UAE resident (20%)
- AED 94,000
- Deposit, non-resident (40%)
- AED 188,000
- Monthly over 25 years at 3.7%
- AED 1,923
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →