1-bed · 774 sqftAl Thamam 05, Remraam · 5th floor · completed 2011

506, Al Thamam 05

Sold prices and rental history: sold 3 times, last in October 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 10 December 2021
Last soldAED 697K31 October 2013
Current rentAED 32K /yr10 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Al Thamam 05

What is 506 worth today?

Last sold for AED 696,875 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Dec 2021RentedNew contract
AED 32,000/yr12 months · AED 41 per sqft
5 Jan 2017RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft
1 Nov 2015RentedRenewal
AED 47,250/yr12 months · AED 61 per sqft
1 Nov 2014RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft
1 Nov 2013RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft
31 Oct 2013SoldReady
AED 696,875AED 900 per sqft
30 Sep 2013SoldReady
AED 696,875AED 900 per sqft
30 Mar 2009Sold by developerOff-plan
AED 708,828AED 916 per sqft

Source: Dubai Land Department. Updated 10 December 2021.

Key facts

Type
1-bed apartment
Size
774 sqft
Floor
5th of 5
Parking
G-92
Developer
Remraam
Completed
2011
Service charge
AED 12,400 /yr
Last sold
AED 697K · October 2013
Building
Al Thamam 05

About 506, Al Thamam 05

506 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 31 October 2013 for AED 696,875, or AED 900 per sqft, in line with the AED 903 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 10 December 2021, is AED 32,000 a year: a gross yield of 4.6% on the 2013 price, before the service charge of about AED 12,400 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Al Thamam 05
400K600K2009201220152018Typical sale price by year: 2009 AED 631,878; 2013 AED 696,875; 2014 AED 635,908; 2015 AED 350,000; 2017 AED 600,000; 2019 AED 450,000Sold by developer, March 2009: AED 708,828 (AED 916 per sqft)Sold, September 2013: AED 696,875 (AED 900 per sqft)Sold, October 2013: AED 696,875 (AED 900 per sqft)

506 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 506, each contractTypical one-bed in Al Thamam 05
40K60K2013201720212025Typical rent by year: 2013 AED 44,000; 2014 AED 56,000; 2015 AED 55,000; 2016 AED 57,000; 2017 AED 53,000; 2018 AED 54,000; 2019 AED 46,500; 2020 AED 38,000; 2021 AED 32,000; 2022 AED 37,000; 2023 AED 46,000; 2024 AED 50,000; 2025 AED 58,000; 2026 AED 61,000New contract, November 2013: AED 45,000 a yearNew contract, November 2014: AED 45,000 a yearRenewal, November 2015: AED 47,250 a yearNew contract, January 2017: AED 60,000 a yearNew contract, December 2021: AED 32,000 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 05, and where 506 sits

All 22 1-beds →

506 last sold in October 2013 at AED 900 per sqft, in line with what one-beds in Al Thamam 05 were fetching at the time (AED 903). 506's AED 32,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Jan 2025678,765
4 Jun 2024670,000
2 Mar 2023340,000
26 Sep 2022500,000
0 1-bed sales in the last 12 months

Al Thamam 05

Building

47 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%
Al Thamam 05, Remraam: prices, sales and rents →

Other units on the 5th floor

All 47 units in Al Thamam 05
Value
5011-bedAED 650K · Nov 2014
5021-bedAED 470K · Sep 2019
5031-bedAED 709K · May 2014
5042-bedAED 1.05M · Aug 2025
5052-bedAED 1.1M · Feb 2026
5071-bedAED 929K · Apr 2018
5081-bedAED 605K · Oct 2013
1–7 of 8

506, Al Thamam 05 in numbers

  • Sold 3 times: first on 30 March 2009 for AED 708,828, last on 31 October 2013 for AED 696,875 (AED 900 per sqft).
  • Rented since November 2013 on 5 Ejari contracts, from AED 45,000 to AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2013 price is 4.6%, before a service charge of about AED 12,400 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 10 December 2021.

Questions about 506, Al Thamam 05

What did unit 506 last sell for?

AED 696,875 on 31 October 2013: AED 900 per sqft for 774 sqft. The unit has 3 registered sales; the first was AED 708,828 in March 2009.

What is the rent for unit 506?

AED 32,000 a year on the contract signed on 10 December 2021. The previous contract, from January 2017, was AED 60,000; the unit has been rented since November 2013.

How big is unit 506?

774 sqft (71.9 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.

Selling 506? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 506, Al Thamam 05

Starts from the last sale price (AED 697K, 31 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 696,875
Deposit, UAE resident (20%)
AED 139,375
Deposit, non-resident (40%)
AED 278,750
Monthly over 25 years at 3.7%
AED 2,851

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