506, Al Thamam 11
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Al Thamam 11
What is 506 worth today?
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Source: Dubai Land Department. Updated 30 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 773 sqft
- Floor
- 5th of 7
- Parking
- G-71
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,400 /yr
- Last sold
- AED 698K · May 2009
- Building
- Al Thamam 11
About 506, Al Thamam 11
506 is a one-bedroom apartment of 773 sqft on the 5th floor of Al Thamam 11, a 7-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 20 May 2009 for AED 698,037, or AED 902 per sqft, in line with the AED 886 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, renewed on 30 June 2026, is AED 45,738 a year: a gross yield of 6.6% on the 2009 price, before the service charge of about AED 12,400 a year.
Sales and rents for 506 over time
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 11, and where 506 sits
All 29 1-beds →506 last sold in May 2009 at AED 902 per sqft, in line with what one-beds in Al Thamam 11 were fetching at the time (AED 886). 506's AED 45,738 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Dec 201529 December 2015 | 773 sqft | 351,330 | 454 | ||
| 20 May 200920 May 2009 | 773 sqft | 702,659 | 908 | ||
| 20 May 200920 May 2009 | 665 sqft | 611,163 | 918 | ||
| 20 May 200920 May 2009 | 689 sqft | 608,465 | 883 |
Al Thamam 11
Building63 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.
- Typical price per sqft
- AED 941
- Typical sale
- AED 1.45M
- Typical rent
- AED 55K /yr
- Typical yield
- 7.1%
Other units on the 5th floor
All 63 units in Al Thamam 11| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 621KAED 620,813 · May 2009May 2009 | 45,161 /yr | |
| 502 | 1-bed | 755 sqft | AED 683KAED 682,936 · May 2009May 2009 | 46,754 /yr | |
| 503 | 1-bed | 773 sqft | AED 698KAED 698,037 · May 2009May 2009 | 52,000 /yr | |
| 504 | 2-bed | 1,009 sqft | AED 908KAED 907,850 · May 2009May 2009 | 64,161 /yr | |
| 505 | 2-bed | 1,009 sqft | AED 908KAED 907,850 · May 2009May 2009 | 62,617 /yr | |
| 507 | 1-bed | 755 sqft | AED 683KAED 682,936 · May 2009May 2009 | 63,000 /yr | |
| 508 | 1-bed | 665 sqft | AED 603KAED 603,174 · May 2009May 2009 | 61,000 /yr | |
| 509 | Studio | 387 sqft | AED 191KAED 190,526 · Sep 2012September 2012 |
506, Al Thamam 11 in numbers
- Sold once: by Remraam on 20 May 2009 for AED 698,037, or AED 902 per sqft.
- Rented since June 2017 on 11 Ejari contracts. The rent fell from AED 58,000 to AED 31,000 in 2021 and recovered to AED 45,738 by June 2026.
- At AED 45,738 a year the gross yield on the 2009 price is 6.6%, before a service charge of about AED 12,400 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 30 June 2026.
Questions about 506, Al Thamam 11
What did unit 506 last sell for?
AED 698,037 on 20 May 2009, sold by the developer: AED 902 per sqft for 773 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 45,738 a year on the contract renewed on 30 June 2026. The previous contract, from June 2025, was AED 43,560; the unit has been rented since June 2017.
How big is unit 506?
773 sqft (71.8 sqm): a one-bedroom apartment on the 5th floor of a 7-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 11
Starts from the last sale price (AED 698K, 20 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 698,037
- Deposit, UAE resident (20%)
- AED 139,607
- Deposit, non-resident (40%)
- AED 279,215
- Monthly over 25 years at 3.7%
- AED 2,856
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →