506, Al Thamam 15
Sold prices and rental history: sold 3 times, last in June 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Al Thamam 15
What is 506 worth today?
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Source: Dubai Land Department. Updated 15 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 777 sqft
- Floor
- 5th of 5
- Parking
- G-71
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,500 /yr
- Last sold
- AED 870K · June 2014
- Building
- Al Thamam 15
About 506, Al Thamam 15
506 is a one-bedroom apartment of 777 sqft on the 5th floor of Al Thamam 15, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 5 June 2014 for AED 870,000, or AED 1,120 per sqft, 32% above the AED 850 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 15 July 2026, is AED 58,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 12,500 a year.
Sales and rents for 506 over time
506 has sold 3 times; 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 15, and where 506 sits
All 22 1-beds →506 last sold in June 2014 at AED 1,120 per sqft, 32% above what one-beds in Al Thamam 15 were fetching at the time (AED 850). 506's AED 58,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Apr 202528 April 2025 | 689 sqft | 600,000 | 870 | ||
| 26 Feb 202526 February 2025 | 689 sqft | 532,000 | 772 | ||
| 8 May 20238 May 2023 | 665 sqft | 393,000 | 590 | ||
| 28 Jul 202228 July 2022 | 777 sqft | 450,000 | 579 |
Al Thamam 15
Building48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.
- Typical price per sqft
- AED 949
- Typical sale
- AED 955K
- Typical rent
- AED 64K /yr
- Typical yield
- 7.9%
Other units on the 5th floor
All 48 units in Al Thamam 15| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 600KAED 600,000 · Apr 2025April 2025 | 96,000 /yr | |
| 502 | 1-bed | 777 sqft | AED 450KAED 450,000 · Jul 2022July 2022 | 44,000 /yr | |
| 503 | 1-bed | 777 sqft | AED 720KAED 720,000 · Apr 2015April 2015 | 53,000 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 510KAED 510,000 · Dec 2015December 2015 | 90,000 /yr | |
| 505 | 2-bed | 1,109 sqft | AED 980KAED 980,000 · Apr 2015April 2015 | 80,000 /yr | |
| 507 | 1-bed | 777 sqft | AED 870KAED 870,000 · Jun 2014June 2014 | 58,000 /yr | |
| 508 | 1-bed | 665 sqft | AED 309KAED 308,500 · Nov 2016November 2016 | 58,000 /yr | |
| 509 | Studio | 468 sqft | AED 440KAED 440,000 · Apr 2015April 2015 | 31,500 /yr |
506, Al Thamam 15 in numbers
- Sold 3 times: first on 21 April 2009 for AED 675,967, last on 5 June 2014 for AED 870,000 (AED 1,120 per sqft).
- Rented since September 2014 on 10 Ejari contracts. The rent fell from AED 60,000 to AED 35,000 in 2021 and recovered to AED 58,000 by July 2026.
- At AED 58,000 a year the gross yield on the 2014 price is 6.7%, before a service charge of about AED 12,500 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 15 July 2026.
Questions about 506, Al Thamam 15
What did unit 506 last sell for?
AED 870,000 on 5 June 2014: AED 1,120 per sqft for 777 sqft. The unit has 3 registered sales; the first was AED 675,967 in April 2009.
What is the rent for unit 506?
AED 58,000 a year on the contract signed on 15 July 2026. The previous contract, from May 2025, was AED 63,000; the unit has been rented since September 2014.
How big is unit 506?
777 sqft (72.2 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 15
Starts from the last sale price (AED 870K, 5 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 870,000
- Deposit, UAE resident (20%)
- AED 174,000
- Deposit, non-resident (40%)
- AED 348,000
- Monthly over 25 years at 3.7%
- AED 3,559
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →