Home
Dubai prices
About
Research
1-bed · 675 sqftAl Thamam 18, Remraam · 5th floor · completed 2011

506, Al Thamam 18

Sold prices and rental history: sold 3 times, last in January 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 1 July 2022
Last soldAED 635K31 January 2016
Current rentAED 36K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 506

Property timeline for 506, Al Thamam 18

What is 506 worth today?

Last sold for AED 635,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jul 2022RentedNew contract
AED 36,000/yr12 months · AED 53 per sqft
22 Jun 2021RentedNew contract
AED 28,000/yr12 months · AED 41 per sqft
1 Jun 2020RentedNew contract
AED 32,000/yr12 months · AED 47 per sqft
1 Sep 2019RentedNew contract
AED 40,000/yr12 months · AED 59 per sqft
17 Aug 2018RentedRenewal
AED 55,000/yr12 months · AED 81 per sqft
17 Aug 2017RentedNew contract
AED 55,000/yr12 months · AED 81 per sqft
1 Mar 2016RentedNew contract
AED 60,000/yr17 months · AED 88 per sqft
31 Jan 2016SoldReady
AED 635,000AED 941 per sqft

Source: Dubai Land Department. Updated 1 July 2022.

Key facts

Type
1-bed apartment
Size
675 sqft
Floor
5th of 5
Parking
G-98
Developer
Remraam
Completed
2011
Service charge
AED 10,800 /yr
Last sold
AED 635K · January 2016
Building
Al Thamam 18

About 506, Al Thamam 18

506 is a one-bedroom apartment of 675 sqft on the 5th floor of Al Thamam 18, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 31 January 2016 for AED 635,000, or AED 941 per sqft, 33% above the AED 708 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 1 July 2022, is AED 36,000 a year: a gross yield of 5.7% on the 2016 price, before the service charge of about AED 10,800 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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, April 2009: AED 621,817 (AED 921 per sqft)Sold, August 2013: AED 604,618 (AED 896 per sqft)Sold, January 2016: AED 635,000 (AED 941 per sqft)

506 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 506, 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, March 2016: AED 60,000 a yearNew contract, August 2017: AED 55,000 a yearRenewal, August 2018: AED 55,000 a yearNew contract, September 2019: AED 40,000 a yearNew contract, June 2020: AED 32,000 a yearNew contract, June 2021: AED 28,000 a yearNew contract, July 2022: AED 36,000 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 506 sits

All 24 1-beds →

506 last sold in January 2016 at AED 941 per sqft, 33% above what one-beds in Al Thamam 18 were fetching at the time (AED 708). 506's AED 36,000 is at the bottom 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
5021-bedAED 660K · Apr 2018
5031-bedAED 776K · Feb 2014
5042-bedAED 575K · Jul 2021
5051-bedAED 730K · Apr 2014
5072-bedAED 950K · Jun 2025
5081-bedAED 700K · Feb 2025
1–7 of 10

506, Al Thamam 18 in numbers

  • Sold 3 times: first on 21 April 2009 for AED 621,817, last on 31 January 2016 for AED 635,000 (AED 941 per sqft).
  • Rented since March 2016 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 28,000 in 2021 and recovered to AED 36,000 by July 2022.
  • At AED 36,000 a year the gross yield on the 2016 price is 5.7%, before a service charge of about AED 10,800 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 1 July 2022.

Questions about 506, Al Thamam 18

What did unit 506 last sell for?

AED 635,000 on 31 January 2016: AED 941 per sqft for 675 sqft. The unit has 3 registered sales; the first was AED 621,817 in April 2009.

What is the rent for unit 506?

AED 36,000 a year on the contract signed on 1 July 2022. The previous contract, from June 2021, was AED 28,000; the unit has been rented since March 2016.

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.

Selling 506? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 506, Al Thamam 18

Starts from the last sale price (AED 635K, 31 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 635,000
Deposit, UAE resident (20%)
AED 127,000
Deposit, non-resident (40%)
AED 254,000
Monthly over 25 years at 3.7%
AED 2,598

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