1-bed · 787 sqftAl Thamam 18, Remraam · 5th floor · completed 2011

502, Al Thamam 18

Sold prices and rental history: sold twice, last in April 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 660K23 April 2018
Current rentAED 50K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Al Thamam 18

What is 502 worth today?

Last sold for AED 660,000 in 2018

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1 Oct 2023RentedNew contract
AED 50,000/yr12 months · AED 64 per sqft
25 Sep 2020RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
1 May 2019RentedRenewal
AED 50,000/yr12 months · AED 64 per sqft
1 May 2018RentedNew contract
AED 55,000/yr12 months · AED 70 per sqft
23 Apr 2018SoldReady
AED 660,000AED 838 per sqft
1 Jun 2017RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
6 May 2015Sold by developerReady
AED 339,123AED 431 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type
1-bed apartment
Size
787 sqft
Floor
5th of 5
Parking
G-102
Developer
Remraam
Completed
2011
Service charge
AED 12,600 /yr
Last sold
AED 660K · April 2018
Building
Al Thamam 18

About 502, Al Thamam 18

502 is a one-bedroom apartment of 787 sqft on the 5th floor of Al Thamam 18, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 23 April 2018 for AED 660,000, or AED 838 per sqft.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 October 2023, is AED 50,000 a year: a gross yield of 7.6% on the 2018 price, before the service charge of about AED 12,600 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Al Thamam 18
400K600K2009201320172021Typical sale price by year: 2009 AED 625,909; 2013 AED 596,400; 2014 AED 539,230; 2015 AED 542,748; 2023 AED 410,000Sold by developer, May 2015: AED 339,123 (AED 431 per sqft)Sold, April 2018: AED 660,000 (AED 838 per sqft)

502 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 502, each contractTypical one-bed in Al Thamam 18
40K60K2013201720212025Typical rent by year: 2013 AED 45,000; 2014 AED 55,000; 2015 AED 56,000; 2016 AED 60,000; 2017 AED 57,500; 2018 AED 48,300; 2019 AED 45,000; 2020 AED 35,000; 2021 AED 33,000; 2022 AED 36,000; 2023 AED 40,000; 2024 AED 47,250; 2025 AED 54,000; 2026 AED 57,000New contract, June 2017: AED 60,000 a yearNew contract, May 2018: AED 55,000 a yearRenewal, May 2019: AED 50,000 a yearNew contract, September 2020: AED 35,000 a yearNew contract, October 2023: AED 50,000 a year

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 18, and where 502 sits

All 24 1-beds →

502's AED 50,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 2025700,000
6 Nov 2024540,000
25 Apr 2024490,000
13 Dec 2023495,000
0 1-bed sales in the last 12 months

Al Thamam 18

Building

58 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 961
Typical sale
AED 1.18M
Typical rent
AED 52K /yr
Typical yield
7.3%
Al Thamam 18, Remraam: prices, sales and rents →

Other units on the 5th floor

All 58 units in Al Thamam 18
Value
501StudioAED 350K · Jun 2023
5031-bedAED 776K · Feb 2014
5042-bedAED 575K · Jul 2021
5051-bedAED 730K · Apr 2014
5061-bedAED 635K · Jan 2016
5072-bedAED 950K · Jun 2025
5081-bedAED 700K · Feb 2025
1–7 of 10

502, Al Thamam 18 in numbers

  • Sold twice: first on 6 May 2015 for AED 339,123, last on 23 April 2018 for AED 660,000 (AED 838 per sqft).
  • Rented since June 2017 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 35,000 in 2020 and recovered to AED 50,000 by October 2023.
  • At AED 50,000 a year the gross yield on the 2018 price is 7.6%, before a service charge of about AED 12,600 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 1 October 2023.

Questions about 502, Al Thamam 18

What did unit 502 last sell for?

AED 660,000 on 23 April 2018: AED 838 per sqft for 787 sqft. The unit has 2 registered sales; the first was AED 339,123 in May 2015.

What is the rent for unit 502?

AED 50,000 a year on the contract signed on 1 October 2023. The previous contract, from September 2020, was AED 35,000; the unit has been rented since June 2017.

How big is unit 502?

787 sqft (73.1 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.

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Mortgage on 502, Al Thamam 18

Starts from the last sale price (AED 660K, 23 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

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