Studio · 493 sqftAl Thamam 16, Remraam · 5th floor · completed 2011

501, Al Thamam 16

Sold prices and rental history: sold once, by the developer in April 2013, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 501 · DLD and Ejari recordsUpdated 1 August 2020

Last soldAED 492K18 April 2013

Current rentAED 25K /yr1 August 2020

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 501, Al Thamam 16

Today

What is 501 worth today?

Last sold for AED 492,000 in 2013

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1 Aug 2020

1 Aug 2020RentedNew contract

AED 25,000/yr12 months · AED 50 per sqft

5 Jul 2019

5 Jul 2019RentedNew contract

AED 32,000/yr12 months · AED 65 per sqft

27 Jul 2013

27 Jul 2013RentedNew contract

AED 30,000/yr12 months · AED 61 per sqft

18 Apr 2013

18 Apr 2013Sold by developerReady

AED 492,000AED 997 per sqft

Source: Dubai Land Department. Updated 1 August 2020.

Key facts

Type: Studio apartment
Size: 493 sqft
Floor: 5th of 5
Parking: G-128
Developer: Remraam
Completed: 2011
Service charge: AED 7,900 /yr
Last sold: AED 492K · April 2013
Building: Al Thamam 16

About 501, Al Thamam 16

501 is a studio of 493 sqft on the 5th floor of Al Thamam 16, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 18 April 2013 for AED 492,000, or AED 997 per sqft, in line with the AED 988 studios in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 August 2020, is AED 25,000 a year: a gross yield of 5.1% on the 2013 price, before the service charge of about AED 7,900 a year.

Sales and rents for 501 over time

Rents

Unit 501, each contractTypical studio in Al Thamam 16

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Al Thamam 16, and where 501 sits

All 14 studios →

Studios in Al Thamam 16 · last 12 months1,221 /sqft Al Thamam 16 · all types1,110 /sqft

501 last sold in April 2013 at AED 997 per sqft, in line with what studios in Al Thamam 16 were fetching at the time (AED 988). Over the last 12 months studios sold for AED 495,000, around AED 1,221 per sqft, and rent for AED 31,185 to 54,000 a year. 501's AED 25,000 is at the bottom of that range.

Recent studio sales	Size	Price (AED)	Per sqft
1 Apr 20261 April 2026	405 sqft	495,000	1,221
17 Oct 202417 October 2024	405 sqft	400,000	987
22 Feb 202422 February 2024	493 sqft	415,000	841
26 Sep 202326 September 2023	405 sqft	377,000	930

1 studio sale in the last 12 months

Al Thamam 16

Building

60 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft: AED 1,110
Typical sale: AED 795K
Typical rent: AED 60K /yr
Typical yield: 6.9%

Al Thamam 16, Remraam: prices, sales and rents →

Other units on the 5th floor

All 60 units in Al Thamam 16


502	1-bed	787 sqft	AED 415KAED 415,000 · Nov 2020November 2020	55,000 /yr
503	1-bed	783 sqft	AED 470KAED 470,000 · May 2022May 2022	34,000 /yr
504	2-bed	1,096 sqft	AED 1.1MAED 1,095,000 · Feb 2026February 2026	94,000 /yr
505	1-bed	675 sqft	AED 694KAED 693,720 · Apr 2013April 2013	44,000 /yr
506	1-bed	675 sqft	AED 375KAED 375,000 · Mar 2021March 2021	57,000 /yr
507	2-bed	1,096 sqft	AED 950KAED 950,000 · Nov 2024November 2024	57,259 /yr
508	1-bed	783 sqft	AED 680KAED 680,000 · Dec 2024December 2024	36,000 /yr
509	1-bed	787 sqft	AED 510KAED 510,000 · Jul 2023July 2023	60,000 /yr
510	Studio	493 sqft	AED 415KAED 415,000 · Feb 2024February 2024	43,000 /yr
511	Studio	405 sqft	AED 377KAED 377,000 · Sep 2023September 2023	39,000 /yr

1–7 of 10

501, Al Thamam 16 in numbers

Sold once: by Remraam on 18 April 2013 for AED 492,000, or AED 997 per sqft.
Rented since July 2013 on 3 Ejari contracts, from AED 30,000 to AED 25,000 a year.
At AED 25,000 a year the gross yield on the 2013 price is 5.1%, before a service charge of about AED 7,900 a year (AED 16.07 per sqft).
Studios in Al Thamam 16 sold for AED 495,000–495,000 in the 12 months to November 2026; the building's median across all types is AED 1,110 per sqft.

Source: Dubai Land Department. Updated 1 August 2020.

Questions about 501, Al Thamam 16

What did unit 501 last sell for?

AED 492,000 on 18 April 2013, sold by the developer: AED 997 per sqft for 493 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 25,000 a year on the contract signed on 1 August 2020. The previous contract, from July 2019, was AED 32,000; the unit has been rented since July 2013.

How big is unit 501?

493 sqft (45.8 sqm): a studio on the 5th floor of a 5-storey tower completed in 2011.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Thamam 16 sold for AED 495,000 to 495,000 in the last 12 months, around AED 1,221 per sqft.

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Mortgage on 501, Al Thamam 16

Starts from the last sale price (AED 492K, 18 April 2013). Switch to today's estimate once you have unlocked it.

Price: AED 492,000
Deposit, UAE resident (20%): AED 98,400
Deposit, non-resident (40%): AED 196,800
Monthly over 25 years at 3.7%: AED 2,013

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