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

507, Al Thamam 05

Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 25 May 2020
Last soldAED 929K30 April 2018
Current rentAED 40K /yr25 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 507, Al Thamam 05

What is 507 worth today?

Last sold for AED 929,260 in 2018

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25 May 2020RentedRenewal
AED 40,000/yr12 months · AED 52 per sqft
25 May 2019RentedRenewal
AED 47,000/yr12 months · AED 61 per sqft
25 May 2018RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
30 Apr 2018Sold by developerReady
AED 929,260AED 1,200 per sqft
5 Jan 2016RentedRenewal
AED 55,000/yr12 months · AED 71 per sqft
5 Jan 2015RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 25 May 2020.

Key facts

Type
1-bed apartment
Size
774 sqft
Floor
5th of 5
Parking
G-93
Developer
Remraam
Completed
2011
Service charge
AED 12,400 /yr
Last sold
AED 929K · April 2018
Building
Al Thamam 05

About 507, Al Thamam 05

507 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. The developer sold it on 30 April 2018 for AED 929,260, or AED 1,200 per sqft.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 25 May 2020, is AED 40,000 a year: a gross yield of 4.3% on the 2018 price, before the service charge of about AED 12,400 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in Al Thamam 05
500K1M2009201220152018Typical 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, April 2018: AED 929,260 (AED 1,200 per sqft)

507 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 507, 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, January 2015: AED 55,000 a yearRenewal, January 2016: AED 55,000 a yearNew contract, May 2018: AED 50,000 a yearRenewal, May 2019: AED 47,000 a yearRenewal, May 2020: AED 40,000 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 507 sits

All 22 1-beds →

507's AED 40,000 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
5061-bedAED 697K · Oct 2013
5081-bedAED 605K · Oct 2013
1–7 of 8

507, Al Thamam 05 in numbers

  • Sold once: by Remraam on 30 April 2018 for AED 929,260, or AED 1,200 per sqft.
  • Rented since January 2015 on 5 Ejari contracts, from AED 55,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2018 price is 4.3%, before a service charge of about AED 12,400 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 25 May 2020.

Questions about 507, Al Thamam 05

What did unit 507 last sell for?

AED 929,260 on 30 April 2018, sold by the developer: AED 1,200 per sqft for 774 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 40,000 a year on the contract renewed on 25 May 2020. The previous contract, from May 2019, was AED 47,000; the unit has been rented since January 2015.

How big is unit 507?

774 sqft (71.9 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.

What is unit 507 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 507, Al Thamam 05

Starts from the last sale price (AED 929K, 30 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 929,260
Deposit, UAE resident (20%)
AED 185,852
Deposit, non-resident (40%)
AED 371,704
Monthly over 25 years at 3.7%
AED 3,802

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