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1-bed · 773 sqftAl Thamam 47, Remraam · 5th floor · completed 2011

506, Al Thamam 47

Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 15 November 2020
Last soldAED 660K30 June 2016
Current rentAED 40K /yr15 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Al Thamam 47

What is 506 worth today?

Last sold for AED 660,000 in 2016

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15 Nov 2020RentedRenewal
AED 40,000/yr12 months · AED 52 per sqft
15 Nov 2019RentedNew contract
AED 41,000/yr12 months · AED 53 per sqft
1 Oct 2016RentedNew contract
AED 49,835/yr8 months · AED 64 per sqft
30 Jun 2016SoldReady
AED 660,000AED 853 per sqft
1 Oct 2015RentedRenewal
AED 49,350/yr12 months · AED 64 per sqft
1 Oct 2014RentedRenewal
AED 47,000/yr12 months · AED 61 per sqft
1 Oct 2013RentedNew contract
AED 47,000/yr12 months · AED 61 per sqft
17 Sep 2013Sold by developerReady
AED 619,314AED 800 per sqft

Source: Dubai Land Department. Updated 15 November 2020.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
5th of 7
Parking
G-71
Developer
Remraam
Completed
2011
Service charge
AED 12,400 /yr
Last sold
AED 660K · June 2016
Building
Al Thamam 47

About 506, Al Thamam 47

506 is a one-bedroom apartment of 773 sqft on the 5th floor of Al Thamam 47, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 30 June 2016 for AED 660,000, or AED 853 per sqft, 28% above the AED 664 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 15 November 2020, is AED 40,000 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 12,400 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Al Thamam 47
400K600K2009201420192024Typical sale price by year: 2009 AED 602,074; 2010 AED 351,989; 2012 AED 688,136; 2013 AED 359,250; 2014 AED 698,143; 2015 AED 635,000; 2016 AED 597,000; 2021 AED 350,000; 2023 AED 416,500; 2024 AED 660,000; 2025 AED 600,000Sold by developer, September 2013: AED 619,314 (AED 800 per sqft)Sold, June 2016: AED 660,000 (AED 853 per sqft)

506 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 506, each contractTypical one-bed in Al Thamam 47
40K60K2013201720212025Typical rent by year: 2013 AED 40,000; 2014 AED 52,000; 2015 AED 56,000; 2016 AED 59,500; 2017 AED 57,800; 2018 AED 54,000; 2019 AED 41,500; 2020 AED 35,000; 2021 AED 31,500; 2022 AED 35,000; 2023 AED 40,900; 2024 AED 47,275; 2025 AED 55,500; 2026 AED 59,000New contract, October 2013: AED 47,000 a yearRenewal, October 2014: AED 47,000 a yearRenewal, October 2015: AED 49,350 a yearNew contract, October 2016: AED 49,835 a yearNew contract, November 2019: AED 41,000 a yearRenewal, November 2020: AED 40,000 a year

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 47, and where 506 sits

All 30 1-beds →

506 last sold in June 2016 at AED 853 per sqft, 28% above what one-beds in Al Thamam 47 were fetching at the time (AED 664). 506's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jun 2025655,000
21 Apr 2025520,000
21 Apr 2025520,000
24 Mar 2025575,000
0 1-bed sales in the last 12 months

Al Thamam 47

Building

63 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 65K /yr
Typical yield
Al Thamam 47, Remraam: prices, sales and rents →

Other units on the 5th floor

All 63 units in Al Thamam 47
Value
5011-bedAED 552K · Dec 2013
5021-bedAED 410K · Dec 2021
5031-bedAED 712K · May 2013
5042-bedAED 800K · May 2024
5052-bedAED 940K · Apr 2025
5071-bedAED 380K · Feb 2023
5081-bedAED 575K · Mar 2025
1–7 of 8

506, Al Thamam 47 in numbers

  • Sold twice: first on 17 September 2013 for AED 619,314, last on 30 June 2016 for AED 660,000 (AED 853 per sqft).
  • Rented since October 2013 on 6 Ejari contracts, from AED 47,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2016 price is 6.1%, before a service charge of about AED 12,400 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 15 November 2020.

Questions about 506, Al Thamam 47

What did unit 506 last sell for?

AED 660,000 on 30 June 2016: AED 853 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 619,314 in September 2013.

What is the rent for unit 506?

AED 40,000 a year on the contract renewed on 15 November 2020. The previous contract, from November 2019, was AED 41,000; the unit has been rented since October 2013.

How big is unit 506?

773 sqft (71.8 sqm): a one-bedroom apartment on the 5th floor of a 7-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.

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Mortgage on 506, Al Thamam 47

Starts from the last sale price (AED 660K, 30 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →