501, Al Thamam 20
Sold prices and rental history: sold 6 times, last in May 2024, 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 501, Al Thamam 20
What is 501 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 494 sqft
- Floor
- 5th of 6
- Parking
- G-128
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,900 /yr
- Last sold
- AED 425K · May 2024
- Building
- Al Thamam 20
About 501, Al Thamam 20
501 is a studio of 494 sqft on the 5th floor of Al Thamam 20, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 27 May 2024 for AED 425,000, or AED 860 per sqft.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 July 2024, is AED 42,000 a year: a gross yield of 9.9% on the 2024 price, before the service charge of about AED 7,900 a year.
Sales and rents for 501 over time
501 has sold 6 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Thamam 20, and where 501 sits
All 15 studios →501's AED 42,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 May 202512 May 2025 | 494 sqft | 480,000 | 971 | ||
| 22 Jun 202322 June 2023 | 494 sqft | 310,000 | 627 | ||
| 17 Nov 202217 November 2022 | 405 sqft | 295,000 | 727 | ||
| 17 Jun 202217 June 2022 | 405 sqft | 300,000 | 740 |
Al Thamam 20
Building69 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 5 sold in the last 12 months.
- Typical price per sqft
- AED 963
- Typical sale
- AED 800K
- Typical rent
- AED 58K /yr
- Typical yield
- 8.1%
Other units on the 5th floor
All 69 units in Al Thamam 20| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 787 sqft | AED 700KAED 700,000 · Sep 2015September 2015 | 54,000 /yr | |
| 503 | 1-bed | 783 sqft | AED 730KAED 730,000 · Feb 2026February 2026 | 65,000 /yr | |
| 504 | 2-bed | 997 sqft | AED 931KAED 930,707 · Nov 2014November 2014 | 86,000 /yr | |
| 505 | 1-bed | 675 sqft | AED 650KAED 650,000 · Oct 2025October 2025 | 55,000 /yr | |
| 506 | 1-bed | 675 sqft | AED 550KAED 550,000 · Sep 2025September 2025 | 58,000 /yr | |
| 507 | 2-bed | 997 sqft | AED 632KAED 632,000 · Feb 2023February 2023 | 42,000 /yr | |
| 508 | 1-bed | 783 sqft | AED 350KAED 350,000 · Mar 2013March 2013 | 60,000 /yr | |
| 509 | 1-bed | 787 sqft | AED 613KAED 613,012 · Dec 2013December 2013 | 55,000 /yr | |
| 510 | Studio | 494 sqft | AED 492KAED 492,000 · Feb 2016February 2016 | 33,500 /yr | |
| 511 | Studio | 405 sqft | AED 295KAED 295,000 · Nov 2022November 2022 | 40,000 /yr |
501, Al Thamam 20 in numbers
- Sold 6 times: first on 31 March 2009 for AED 441,000, last on 27 May 2024 for AED 425,000 (AED 860 per sqft).
- Rented since June 2014 on 7 Ejari contracts. The rent fell from AED 45,000 to AED 23,000 in 2021 and recovered to AED 42,000 by July 2024.
- At AED 42,000 a year the gross yield on the 2024 price is 9.9%, before a service charge of about AED 7,900 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 1 July 2024.
Questions about 501, Al Thamam 20
What did unit 501 last sell for?
AED 425,000 on 27 May 2024: AED 860 per sqft for 494 sqft. The unit has 6 registered sales; the first was AED 441,000 in March 2009.
What is the rent for unit 501?
AED 42,000 a year on the contract signed on 1 July 2024. The previous contract, from January 2021, was AED 23,000; the unit has been rented since June 2014.
How big is unit 501?
494 sqft (45.9 sqm): a studio on the 5th floor of a 6-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.
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Mortgage on 501, Al Thamam 20
Starts from the last sale price (AED 425K, 27 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 425,000
- Deposit, UAE resident (20%)
- AED 85,000
- Deposit, non-resident (40%)
- AED 170,000
- Monthly over 25 years at 3.7%
- AED 1,739
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →