505, Al Thamam 28
Sold prices and rental history: sold once, by the developer in August 2013, 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 505, Al Thamam 28
What is 505 worth today?
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Source: Dubai Land Department. Updated 14 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 675 sqft
- Floor
- 5th of 5
- Parking
- G-124
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,800 /yr
- Last sold
- AED 263K · August 2013
- Building
- Al Thamam 28
About 505, Al Thamam 28
505 is a one-bedroom apartment of 675 sqft on the 5th floor of Al Thamam 28, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 26 August 2013 for AED 263,446, or AED 390 per sqft, 47% below the AED 740 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 14 October 2024, is AED 44,275 a year: a gross yield of 16.8% on the 2013 price, before the service charge of about AED 10,800 a year.
Sales and rents for 505 over time
505 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 28, and where 505 sits
All 24 1-beds →505 last sold in August 2013 at AED 390 per sqft, 47% below what one-beds in Al Thamam 28 were fetching at the time (AED 740). 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. 505's AED 44,275 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 | ||
| 8 Nov 20248 November 2024 | 787 sqft | 638,662 | 811 |
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 | |
| 502 | 1-bed | 787 sqft | AED 639KAED 638,662 · Nov 2024November 2024 | 43,600 /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 | |
| 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 |
505, Al Thamam 28 in numbers
- Sold once: by Remraam on 26 August 2013 for AED 263,446, or AED 390 per sqft.
- Rented since January 2014 on 10 Ejari contracts. The rent fell from AED 45,000 to AED 32,000 in 2020 and recovered to AED 44,275 by October 2024.
- At AED 44,275 a year the gross yield on the 2013 price is 16.8%, before a service charge of about AED 10,800 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 14 October 2024.
Questions about 505, Al Thamam 28
What did unit 505 last sell for?
AED 263,446 on 26 August 2013, sold by the developer: AED 390 per sqft for 675 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 44,275 a year on the contract signed on 14 October 2024. The previous contract, from October 2022, was AED 35,000; the unit has been rented since January 2014.
How big is unit 505?
675 sqft (62.7 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.
What is unit 505 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 505, Al Thamam 28
Starts from the last sale price (AED 263K, 26 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 263,446
- Deposit, UAE resident (20%)
- AED 52,689
- Deposit, non-resident (40%)
- AED 105,378
- Monthly over 25 years at 3.7%
- AED 1,078
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →