
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.
Property timeline for 506, Al Thamam 05
What is 506 worth today?
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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
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 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 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 | |
| 502 | 1-bed | 774 sqft | AED 470KAED 470,000 · Sep 2019September 2019 | 42,227 /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 | |
| 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 |
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.
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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 →