502, Al Thamam 12
Sold prices and rental history: sold once, by the developer 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.
Property timeline for 502, Al Thamam 12
What is 502 worth today?
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Source: Dubai Land Department. Updated 10 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 777 sqft
- Floor
- 5th of 5
- Parking
- G-94
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,500 /yr
- Last sold
- AED 435K · April 2023
- Building
- Al Thamam 12
About 502, Al Thamam 12
502 is a one-bedroom apartment of 777 sqft on the 5th floor of Al Thamam 12, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 10 April 2023 for AED 435,000, or AED 560 per sqft, 7% above the AED 523 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 15 July 2022, is AED 37,375 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 12,500 a year.
Sales and rents for 502 over time
502 has sold once; the dashed line is the one-bed median of each year in the building.
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 12, and where 502 sits
All 22 1-beds →502 last sold in April 2023 at AED 560 per sqft, 7% above what one-beds in Al Thamam 12 were fetching at the time (AED 523). Over the last 12 months one-beds sold for AED 499,000 to 845,000, around AED 848 per sqft, and rent for AED 48,300 to 65,000 a year. 502's AED 37,375 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Sep 20264 September 2026 | 758 sqft | 765,000 | 1,008 | ||
| 22 Jul 202622 July 2026 | 758 sqft | 582,049 | 767 | ||
| 2 Apr 20262 April 2026 | 689 sqft | 499,000 | 724 | ||
| 26 Jan 202626 January 2026 | 1,160 sqft | 845,000 | 728 |
Al Thamam 12
Building47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.
- Typical price per sqft
- AED 848
- Typical sale
- AED 700K
- Typical rent
- AED 61K /yr
- Typical yield
- 8.3%
Other units on the 5th floor
All 47 units in Al Thamam 12| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 665 sqft | AED 601KAED 601,457 · Oct 2012October 2012 | 50,000 /yr | |
| 503 | 1-bed | 777 sqft | AED 704KAED 704,328 · May 2025May 2025 | 62,000 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 988KAED 987,534 · Jan 2015January 2015 | 46,230 /yr | |
| 505 | 2-bed | 1,109 sqft | AED 980KAED 980,000 · May 2016May 2016 | 55,000 /yr | |
| 506 | 1-bed | 777 sqft | No registered sale | 58,000 /yr | |
| 507 | 1-bed | 777 sqft | AED 760KAED 760,000 · Dec 2025December 2025 | 50,000 /yr | |
| 508 | 1-bed | 689 sqft | AED 499KAED 499,000 · Apr 2026April 2026 | 33,000 /yr | |
| 509 | Studio | 468 sqft | AED 355KAED 355,000 · Dec 2023December 2023 | 54,000 /yr |
502, Al Thamam 12 in numbers
- Sold once: by Remraam on 10 April 2023 for AED 435,000, or AED 560 per sqft.
- Rented since April 2015 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 32,500 in 2021 and recovered to AED 37,375 by July 2022.
- At AED 37,375 a year the gross yield on the 2023 price is 8.6%, before a service charge of about AED 12,500 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 12 sold for AED 499,000–845,000 in the 12 months to November 2026; the building's median across all types is AED 848 per sqft.
Source: Dubai Land Department. Updated 10 April 2023.
Questions about 502, Al Thamam 12
What did unit 502 last sell for?
AED 435,000 on 10 April 2023, sold by the developer: AED 560 per sqft for 777 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 37,375 a year on the contract renewed on 15 July 2022. The previous contract, from July 2021, was AED 32,500; the unit has been rented since April 2015.
How big is unit 502?
777 sqft (72.2 sqm): a one-bedroom apartment on the 5th floor of a 5-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 12 sold for AED 499,000 to 845,000 in the last 12 months, around AED 848 per sqft.
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Mortgage on 502, Al Thamam 12
Starts from the last sale price (AED 435K, 10 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 435,000
- Deposit, UAE resident (20%)
- AED 87,000
- Deposit, non-resident (40%)
- AED 174,000
- Monthly over 25 years at 3.7%
- AED 1,780
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →