506, Al Thamam 16
Sold prices and rental history: sold twice, last in March 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Al Thamam 16
What is 506 worth today?
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Source: Dubai Land Department. Updated 6 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 675 sqft
- Floor
- 5th of 5
- Parking
- G-123
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,800 /yr
- Last sold
- AED 375K · March 2021
- Building
- Al Thamam 16
About 506, Al Thamam 16
506 is a one-bedroom apartment of 675 sqft on the 5th floor of Al Thamam 16, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 28 March 2021 for AED 375,000, or AED 555 per sqft.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 6 August 2025, is AED 57,000 a year: a gross yield of 15.2% on the 2021 price, before the service charge of about AED 10,800 a year.
Sales and rents for 506 over time
506 has sold twice; 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 16, and where 506 sits
All 24 1-beds →506's AED 57,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jan 20257 January 2025 | 1,140 sqft | 750,000 | 658 | ||
| 6 Dec 20246 December 2024 | 783 sqft | 680,000 | 868 | ||
| 11 Nov 202411 November 2024 | 670 sqft | 510,000 | 760 | ||
| 2 Oct 20242 October 2024 | 989 sqft | 670,000 | 677 |
Al Thamam 16
Building60 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%
Other units on the 5th floor
All 60 units in Al Thamam 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 493 sqft | AED 492KAED 492,000 · Apr 2013April 2013 | 25,000 /yr | |
| 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 | |
| 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 |
506, Al Thamam 16 in numbers
- Sold twice: first on 12 June 2013 for AED 693,720, last on 28 March 2021 for AED 375,000 (AED 555 per sqft).
- Rented since June 2024 on 2 Ejari contracts, from AED 55,000 to AED 57,000 a year.
- At AED 57,000 a year the gross yield on the 2021 price is 15.2%, before a service charge of about AED 10,800 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 6 August 2025.
Questions about 506, Al Thamam 16
What did unit 506 last sell for?
AED 375,000 on 28 March 2021: AED 555 per sqft for 675 sqft. The unit has 2 registered sales; the first was AED 693,720 in June 2013.
What is the rent for unit 506?
AED 57,000 a year on the contract signed on 6 August 2025. The previous contract, from June 2024, was AED 55,000.
How big is unit 506?
675 sqft (62.7 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 16
Starts from the last sale price (AED 375K, 28 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 375,000
- Deposit, UAE resident (20%)
- AED 75,000
- Deposit, non-resident (40%)
- AED 150,000
- Monthly over 25 years at 3.7%
- AED 1,534
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →