1-bed · 755 sqftAl Thamam 07, Remraam · 5th floor · completed 2011

502, Al Thamam 07

Sold prices and rental history: sold 5 times, last in December 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 9 December 2024
Last soldAED 645K9 December 2024
Current rentAED 42K /yr1 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Al Thamam 07

What is 502 worth today?

Last sold for AED 645,000 in 2024

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9 Dec 2024SoldReady
AED 645,000AED 854 per sqft
22 Dec 2019SoldReady
AED 440,000AED 582 per sqft
16 Oct 2019SoldReady
AED 339,741AED 450 per sqft
1 Jun 2019RentedNew contract
AED 42,000/yr12 months · AED 56 per sqft
1 Jun 2018RentedRenewal
AED 54,000/yr12 months · AED 72 per sqft
1 Jun 2017RentedNew contract
AED 58,000/yr12 months · AED 77 per sqft
26 May 2016RentedNew contract
AED 58,000/yr12 months · AED 77 per sqft
10 May 2015RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 9 December 2024.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
5th of 6
Parking
G-67
Developer
Remraam
Completed
2011
Service charge
AED 12,100 /yr
Last sold
AED 645K · December 2024
Building
Al Thamam 07

About 502, Al Thamam 07

502 is a one-bedroom apartment of 755 sqft on the 5th floor of Al Thamam 07, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 9 December 2024 for AED 645,000, or AED 854 per sqft, 4% above the AED 818 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 June 2019, is AED 42,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 12,100 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Al Thamam 07
400K600K800K2009201420192024Typical sale price by year: 2009 AED 741,687; 2014 AED 714,597; 2019 AED 339,741; 2020 AED 394,500; 2021 AED 455,000; 2023 AED 375,000; 2024 AED 582,500; 2025 AED 660,000Sold by developer, April 2009: AED 741,687 (AED 982 per sqft)Sold, October 2014: AED 714,597 (AED 946 per sqft)Sold, October 2019: AED 339,741 (AED 450 per sqft)Sold, December 2019: AED 440,000 (AED 582 per sqft)Sold, December 2024: AED 645,000 (AED 854 per sqft)

502 has sold 5 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 07
40K60K2014201820222026Typical rent by year: 2014 AED 55,000; 2015 AED 58,000; 2016 AED 58,000; 2017 AED 55,000; 2018 AED 52,000; 2019 AED 42,000; 2020 AED 34,000; 2021 AED 30,000; 2022 AED 35,000; 2023 AED 42,000; 2024 AED 54,000; 2025 AED 57,300; 2026 AED 55,000New contract, May 2015: AED 60,000 a yearNew contract, May 2016: AED 58,000 a yearNew contract, June 2017: AED 58,000 a yearRenewal, June 2018: AED 54,000 a yearNew contract, June 2019: AED 42,000 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 07, and where 502 sits

All 23 1-beds →

502 last sold in December 2024 at AED 854 per sqft, 4% above what one-beds in Al Thamam 07 were fetching at the time (AED 818). Over the last 12 months one-beds sold for AED 840,000, around AED 726 per sqft, and rent for AED 34,270 to 70,000 a year. 502's AED 42,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jan 2026840,000
21 Oct 2025700,000
27 Aug 2025660,000
30 Jan 2025550,000
1 1-bed sale in the last 12 months

Al Thamam 07

Building

55 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.

Typical price per sqft
AED 959
Typical sale
AED 955K
Typical rent
AED 57K /yr
Typical yield
8.3%
Al Thamam 07, Remraam: prices, sales and rents →

Other units on the 5th floor

All 55 units in Al Thamam 07
Value
5011-bedAED 700K · Jan 2014
5031-bedAED 410K · Jan 2021
5042-bedAED 960K · Nov 2026
5052-bedAED 750K · Jan 2020
5061-bedAED 660K · Aug 2025
5071-bedAED 620K · Feb 2024
5081-bedAED 350K · May 2020
1–7 of 8

502, Al Thamam 07 in numbers

  • Sold 5 times: first on 7 April 2009 for AED 741,687, last on 9 December 2024 for AED 645,000 (AED 854 per sqft).
  • Rented since May 2015 on 5 Ejari contracts, from AED 60,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 12,100 a year (AED 16.07 per sqft).
  • One-beds in Al Thamam 07 sold for AED 840,000–840,000 in the 12 months to November 2026; the building's median across all types is AED 959 per sqft.

Source: Dubai Land Department. Updated 9 December 2024.

Questions about 502, Al Thamam 07

What did unit 502 last sell for?

AED 645,000 on 9 December 2024: AED 854 per sqft for 755 sqft. The unit has 5 registered sales; the first was AED 741,687 in April 2009.

What is the rent for unit 502?

AED 42,000 a year on the contract signed on 1 June 2019. The previous contract, from June 2018, was AED 54,000; the unit has been rented since May 2015.

How big is unit 502?

755 sqft (70.1 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2011.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Thamam 07 sold for AED 840,000 to 840,000 in the last 12 months, around AED 726 per sqft.

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Mortgage on 502, Al Thamam 07

Starts from the last sale price (AED 645K, 9 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 645,000
Deposit, UAE resident (20%)
AED 129,000
Deposit, non-resident (40%)
AED 258,000
Monthly over 25 years at 3.7%
AED 2,639

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