506, Al Thamam 24
Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Al Thamam 24
What is 506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 758 sqft
- Floor
- 5th of 6
- Parking
- G-90
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,200 /yr
- Last sold
- AED 550K · January 2024
- Building
- Al Thamam 24
About 506, Al Thamam 24
506 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. It last sold on 8 January 2024 for AED 550,000, or AED 725 per sqft, 29% above the AED 560 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 15 January 2026, is AED 60,000 a year: a gross yield of 10.9% on the 2024 price, before the service charge of about AED 12,200 a year.
Sales and rents for 506 over time
506 has sold 3 times; 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 506 sits
All 24 1-beds →506 last sold in January 2024 at AED 725 per sqft, 29% above what one-beds in Al Thamam 24 were fetching at the time (AED 560). 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. 506's AED 60,000 is in the upper 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 | |
| 502 | 1-bed | 758 sqft | AED 592KAED 591,609 · Nov 2014November 2014 | 50,000 /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 | ||
| 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 |
506, Al Thamam 24 in numbers
- Sold 3 times: first on 10 June 2009 for AED 368,833, last on 8 January 2024 for AED 550,000 (AED 725 per sqft).
- Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 33,000 in 2021 and recovered to AED 60,000 by January 2026.
- At AED 60,000 a year the gross yield on the 2024 price is 10.9%, 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 15 January 2026.
Questions about 506, Al Thamam 24
What did unit 506 last sell for?
AED 550,000 on 8 January 2024: AED 725 per sqft for 758 sqft. The unit has 3 registered sales; the first was AED 368,833 in June 2009.
What is the rent for unit 506?
AED 60,000 a year on the contract renewed on 15 January 2026. The previous contract, from January 2025, was AED 55,000; the unit has been rented since July 2015.
How big is unit 506?
758 sqft (70.4 sqm): a one-bedroom apartment on the 5th floor of a 6-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. One-beds in Al Thamam 24 sold for AED 730,000 to 730,000 in the last 12 months, around AED 940 per sqft.
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.
Mortgage on 506, Al Thamam 24
Starts from the last sale price (AED 550K, 8 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →