1-bed · 787 sqftAl Thamam 06, Remraam · 5th floor · completed 2011

502, Al Thamam 06

Sold prices and rental history: sold 3 times, last in April 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 1 March 2023
Last soldAED 640K16 April 2018
Current rentAED 43K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Al Thamam 06

What is 502 worth today?

Last sold for AED 640,000 in 2018

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1 Mar 2023RentedRenewal
AED 43,000/yr12 months · AED 55 per sqft
1 Mar 2022RentedRenewal
AED 50,000/yr12 months · AED 64 per sqft
1 Mar 2021RentedRenewal
AED 48,000/yr12 months · AED 61 per sqft
25 Feb 2020RentedRenewal
AED 53,365/yr12 months · AED 68 per sqft
25 Feb 2019RentedNew contract
AED 54,000/yr12 months · AED 69 per sqft
16 Apr 2018SoldReady
AED 640,000AED 813 per sqft
12 Feb 2018RentedNew contract
AED 55,000/yr12 months · AED 70 per sqft
13 Jan 2017RentedRenewal
AED 60,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 1 March 2023.

Key facts

Type
1-bed apartment
Size
787 sqft
Floor
5th of 5
Parking
G-102
Developer
Remraam
Completed
2011
Service charge
AED 12,600 /yr
Last sold
AED 640K · April 2018
Building
Al Thamam 06

About 502, Al Thamam 06

502 is a one-bedroom apartment of 787 sqft on the 5th floor of Al Thamam 06, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 16 April 2018 for AED 640,000, or AED 813 per sqft, 13% below the AED 930 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 43,000 a year: a gross yield of 6.7% on the 2018 price, before the service charge of about AED 12,600 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Al Thamam 06
500K750K2009201420192024Typical sale price by year: 2009 AED 623,279; 2013 AED 343,864; 2014 AED 338,327; 2015 AED 800,399; 2017 AED 630,000; 2024 AED 619,889; 2025 AED 630,000Sold by developer, June 2009: AED 350,067 (AED 444 per sqft)Sold, September 2013: AED 344,609 (AED 438 per sqft)Sold, April 2018: AED 640,000 (AED 813 per sqft)

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

Rents
Unit 502, each contractTypical one-bed in Al Thamam 06
40K60K2013201720212025Typical rent by year: 2013 AED 44,880; 2014 AED 46,997; 2015 AED 55,000; 2016 AED 60,000; 2017 AED 61,847; 2018 AED 50,000; 2019 AED 44,565; 2020 AED 35,000; 2021 AED 32,500; 2022 AED 36,500; 2023 AED 43,000; 2024 AED 49,500; 2025 AED 50,000; 2026 AED 56,000New contract, January 2014: AED 45,000 a yearRenewal, January 2015: AED 45,000 a yearNew contract, January 2016: AED 60,000 a yearRenewal, January 2017: AED 60,000 a yearNew contract, February 2018: AED 55,000 a yearNew contract, February 2019: AED 54,000 a yearRenewal, February 2020: AED 53,365 a yearRenewal, March 2021: AED 48,000 a yearRenewal, March 2022: AED 50,000 a yearRenewal, March 2023: AED 43,000 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 06, and where 502 sits

All 24 1-beds →

502 last sold in April 2018 at AED 813 per sqft, 13% below what one-beds in Al Thamam 06 were fetching at the time (AED 930). 502's AED 43,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Apr 2025575,000
22 Jan 2025650,000
20 Jan 2025650,000
8 Jan 2025610,000
0 1-bed sales in the last 12 months

Al Thamam 06

Building

60 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 5 sold in the last 12 months.

Typical price per sqft
AED 931
Typical sale
AED 1M
Typical rent
AED 61K /yr
Typical yield
8.6%
Al Thamam 06, Remraam: prices, sales and rents →

Other units on the 5th floor

All 60 units in Al Thamam 06
Value
501StudioAED 480K · Feb 2025
5031-bedAED 540K · Jan 2019
5042-bedAED 458K · Aug 2017
5051-bedAED 610K · Jan 2025
5061-bedAED 395K · Apr 2023
5072-bedAED 960K · Jun 2024
5081-bedAED 360K · Aug 2017
1–7 of 10

502, Al Thamam 06 in numbers

  • Sold 3 times: first on 15 June 2009 for AED 350,067, last on 16 April 2018 for AED 640,000 (AED 813 per sqft).
  • Rented since January 2014 on 10 Ejari contracts, from AED 45,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2018 price is 6.7%, before a service charge of about AED 12,600 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 1 March 2023.

Questions about 502, Al Thamam 06

What did unit 502 last sell for?

AED 640,000 on 16 April 2018: AED 813 per sqft for 787 sqft. The unit has 3 registered sales; the first was AED 350,067 in June 2009.

What is the rent for unit 502?

AED 43,000 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 50,000; the unit has been rented since January 2014.

How big is unit 502?

787 sqft (73.1 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.

What is unit 502 worth today?

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Mortgage on 502, Al Thamam 06

Starts from the last sale price (AED 640K, 16 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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