502, Al Thamam 28
Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Al Thamam 28
What is 502 worth today?
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Source: Dubai Land Department. Updated 8 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 787 sqft
- Floor
- 5th of 5
- Parking
- G-127
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,600 /yr
- Last sold
- AED 639K · November 2024
- Building
- Al Thamam 28
About 502, Al Thamam 28
502 is a one-bedroom apartment of 787 sqft on the 5th floor of Al Thamam 28, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 8 November 2024 for AED 638,662, or AED 811 per sqft, in line with the AED 788 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 20 December 2023, is AED 43,600 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 12,600 a year.
Sales and rents for 502 over time
502 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 28, and where 502 sits
All 24 1-beds →502 last sold in November 2024 at AED 811 per sqft, in line with what one-beds in Al Thamam 28 were fetching at the time (AED 788). Over the last 12 months one-beds sold for AED 730,000, around AED 949 per sqft, and rent for AED 48,000 to 70,000 a year. 502's AED 43,600 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Dec 202524 December 2025 | 768 sqft | 730,000 | 949 | ||
| 25 Sep 202525 September 2025 | 764 sqft | 776,000 | 1,015 | ||
| 23 Dec 202423 December 2024 | 675 sqft | 670,000 | 993 | ||
| 30 Sep 202430 September 2024 | 675 sqft | 550,000 | 815 |
Al Thamam 28
Building60 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 7 sold in the last 12 months.
- Typical price per sqft
- AED 949
- Typical sale
- AED 730K
- Typical rent
- AED 62K /yr
- Typical yield
- 9.1%
Other units on the 5th floor
All 60 units in Al Thamam 28| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 493 sqft | AED 380KAED 380,000 · Nov 2023November 2023 | 48,000 /yr | |
| 503 | 1-bed | 783 sqft | AED 740KAED 740,000 · Nov 2015November 2015 | 51,600 /yr | |
| 504 | 2-bed | 1,096 sqft | AED 849KAED 849,251 · Feb 2013February 2013 | 71,663 /yr | |
| 505 | 1-bed | 675 sqft | AED 263KAED 263,446 · Aug 2013August 2013 | 44,275 /yr | |
| 506 | 1-bed | 675 sqft | AED 530KAED 530,000 · Jul 2024July 2024 | 53,000 /yr | |
| 507 | 2-bed | 1,096 sqft | AED 875KAED 874,650 · Dec 2012December 2012 | 78,000 /yr | |
| 508 | 1-bed | 391 sqft | AED 374KAED 374,220 · Dec 2012December 2012 | 60,000 /yr | |
| 509 | 1-bed | 787 sqft | AED 495KAED 495,000 · Mar 2024March 2024 | 60,000 /yr | |
| 510 | Studio | 493 sqft | AED 515KAED 515,000 · Jun 2026June 2026 | 52,000 /yr | |
| 511 | Studio | 405 sqft | AED 250KAED 250,000 · Apr 2021April 2021 | 35,000 /yr |
502, Al Thamam 28 in numbers
- Sold 3 times: first on 31 March 2009 for AED 714,423, last on 8 November 2024 for AED 638,662 (AED 811 per sqft).
- Rented since August 2016 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 36,000 in 2021 and recovered to AED 43,600 by December 2023.
- At AED 43,600 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 12,600 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 28 sold for AED 730,000–730,000 in the 12 months to November 2026; the building's median across all types is AED 949 per sqft.
Source: Dubai Land Department. Updated 8 November 2024.
Questions about 502, Al Thamam 28
What did unit 502 last sell for?
AED 638,662 on 8 November 2024: AED 811 per sqft for 787 sqft. The unit has 3 registered sales; the first was AED 714,423 in March 2009.
What is the rent for unit 502?
AED 43,600 a year on the contract renewed on 20 December 2023. The previous contract, from December 2022, was AED 39,600; the unit has been rented since August 2016.
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. One-beds in Al Thamam 28 sold for AED 730,000 to 730,000 in the last 12 months, around AED 949 per sqft.
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Mortgage on 502, Al Thamam 28
Starts from the last sale price (AED 639K, 8 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 638,662
- Deposit, UAE resident (20%)
- AED 127,732
- Deposit, non-resident (40%)
- AED 255,465
- Monthly over 25 years at 3.7%
- AED 2,613
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →