1-bed · 675 sqftAl Thamam 06, Remraam · 5th floor · completed 2011

506, Al Thamam 06

Sold prices and rental history: sold 4 times, last in April 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 19 April 2023
Last soldAED 395K19 April 2023
Current rentAED 35K /yr22 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Al Thamam 06

What is 506 worth today?

Last sold for AED 395,000 in 2023

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19 Apr 2023SoldReady
AED 395,000AED 585 per sqft
22 Oct 2021RentedRenewal
AED 35,000/yr12 months · AED 52 per sqft
22 Oct 2020RentedRenewal
AED 35,000/yr12 months · AED 52 per sqft
22 Oct 2019RentedRenewal
AED 35,000/yr12 months · AED 52 per sqft
22 Oct 2018RentedNew contract
AED 47,000/yr12 months · AED 69 per sqft
17 Apr 2017SoldReady
AED 630,000AED 933 per sqft
9 Oct 2016RentedNew contract
AED 58,000/yr12 months · AED 86 per sqft
15 Feb 2016RentedNew contract
AED 60,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 19 April 2023.

Key facts

Type
1-bed apartment
Size
675 sqft
Floor
5th of 5
Parking
G-98
Developer
Remraam
Completed
2011
Service charge
AED 10,800 /yr
Last sold
AED 395K · April 2023
Building
Al Thamam 06

About 506, Al Thamam 06

506 is a one-bedroom apartment of 675 sqft on the 5th floor of Al Thamam 06, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 19 April 2023 for AED 395,000, or AED 585 per sqft.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 22 October 2021, is AED 35,000 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 10,800 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Al Thamam 06
250K500K750K2009201420192024Typical 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 304,688 (AED 451 per sqft)Sold, September 2013: AED 296,263 (AED 439 per sqft)Sold, April 2017: AED 630,000 (AED 933 per sqft)Sold, April 2023: AED 395,000 (AED 585 per sqft)

506 has sold 4 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 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, February 2015: AED 60,000 a yearNew contract, February 2016: AED 60,000 a yearNew contract, October 2016: AED 58,000 a yearNew contract, October 2018: AED 47,000 a yearRenewal, October 2019: AED 35,000 a yearRenewal, October 2020: AED 35,000 a yearRenewal, October 2021: AED 35,000 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 506 sits

All 24 1-beds →

506's AED 35,000 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
5021-bedAED 640K · Apr 2018
5031-bedAED 540K · Jan 2019
5042-bedAED 458K · Aug 2017
5051-bedAED 610K · Jan 2025
5072-bedAED 960K · Jun 2024
5081-bedAED 360K · Aug 2017
1–7 of 10

506, Al Thamam 06 in numbers

  • Sold 4 times: first on 15 June 2009 for AED 304,688, last on 19 April 2023 for AED 395,000 (AED 585 per sqft).
  • Rented since February 2015 on 7 Ejari contracts, from AED 60,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2023 price is 8.9%, before a service charge of about AED 10,800 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 19 April 2023.

Questions about 506, Al Thamam 06

What did unit 506 last sell for?

AED 395,000 on 19 April 2023: AED 585 per sqft for 675 sqft. The unit has 4 registered sales; the first was AED 304,688 in June 2009.

What is the rent for unit 506?

AED 35,000 a year on the contract renewed on 22 October 2021. The previous contract, from October 2020, was AED 35,000; the unit has been rented since February 2015.

How big is unit 506?

675 sqft (62.7 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 06

Starts from the last sale price (AED 395K, 19 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 395,000
Deposit, UAE resident (20%)
AED 79,000
Deposit, non-resident (40%)
AED 158,000
Monthly over 25 years at 3.7%
AED 1,616

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