502, Al Thamam 24
Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Al Thamam 24
What is 502 worth today?
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Source: Dubai Land Department. Updated 5 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 758 sqft
- Floor
- 5th of 6
- Parking
- G-94
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,200 /yr
- Last sold
- AED 592K · November 2014
- Building
- Al Thamam 24
About 502, Al Thamam 24
502 is a one-bedroom apartment of 758 sqft on the 5th floor of Al Thamam 24, a 6-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 19 November 2014 for AED 591,609, or AED 780 per sqft, in line with the AED 780 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 5 July 2026, is AED 50,000 a year: a gross yield of 8.5% on the 2014 price, before the service charge of about AED 12,200 a year.
Sales and rents for 502 over time
502 has sold once; 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 24, and where 502 sits
All 24 1-beds →502 last sold in November 2014 at AED 780 per sqft, in line with what one-beds in Al Thamam 24 were fetching at the time (AED 780). Over the last 12 months one-beds sold for AED 730,000, around AED 940 per sqft, and rent for AED 48,319 to 71,209 a year. 502's AED 50,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jun 202610 June 2026 | 777 sqft | 730,000 | 940 | ||
| 7 Jul 20257 July 2025 | 758 sqft | 655,000 | 863 | ||
| 1 Jul 20251 July 2025 | 758 sqft | 650,000 | 857 | ||
| 16 May 202516 May 2025 | 1,158 sqft | 650,000 | 561 |
Al Thamam 24
Building57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.
- Typical price per sqft
- AED 907
- Typical sale
- AED 1.18M
- Typical rent
- AED 60K /yr
- Typical yield
- 8.2%
Other units on the 5th floor
All 57 units in Al Thamam 24| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 665 sqft | AED 540KAED 540,000 · Sep 2024September 2024 | 56,000 /yr | |
| 503 | 1-bed | 758 sqft | AED 655KAED 655,000 · Jul 2025July 2025 | 54,000 /yr | |
| 504 | 2-bed | 1,006 sqft | AED 770KAED 770,000 · Jun 2018June 2018 | 75,000 /yr | |
| 505 | 2-bed | 1,006 sqft | AED 1.06MAED 1,060,000 · Oct 2014October 2014 | ||
| 506 | 1-bed | 758 sqft | AED 550KAED 550,000 · Jan 2024January 2024 | 60,000 /yr | |
| 507 | 1-bed | 758 sqft | AED 650KAED 650,000 · Jul 2025July 2025 | 47,880 /yr | |
| 508 | 1-bed | 689 sqft | AED 537KAED 537,057 · Aug 2013August 2013 | 55,000 /yr | |
| 509 | Studio | 468 sqft | AED 366KAED 365,707 · Dec 2013December 2013 | 44,000 /yr |
502, Al Thamam 24 in numbers
- Sold once: by Remraam on 19 November 2014 for AED 591,609, or AED 780 per sqft.
- Rented since April 2017 on 10 Ejari contracts. The rent fell from AED 60,000 to AED 34,000 in 2022 and recovered to AED 50,000 by July 2026.
- At AED 50,000 a year the gross yield on the 2014 price is 8.5%, before a service charge of about AED 12,200 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 24 sold for AED 730,000–730,000 in the 12 months to November 2026; the building's median across all types is AED 907 per sqft.
Source: Dubai Land Department. Updated 5 July 2026.
Questions about 502, Al Thamam 24
What did unit 502 last sell for?
AED 591,609 on 19 November 2014, sold by the developer: AED 780 per sqft for 758 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 50,000 a year on the contract renewed on 5 July 2026. The previous contract, from July 2025, was AED 50,000; the unit has been rented since April 2017.
How big is unit 502?
758 sqft (70.4 sqm): a one-bedroom apartment on the 5th floor of a 6-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. One-beds in Al Thamam 24 sold for AED 730,000 to 730,000 in the last 12 months, around AED 940 per sqft.
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Mortgage on 502, Al Thamam 24
Starts from the last sale price (AED 592K, 19 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 591,609
- Deposit, UAE resident (20%)
- AED 118,322
- Deposit, non-resident (40%)
- AED 236,644
- Monthly over 25 years at 3.7%
- AED 2,420
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →