1-bed · 777 sqftAl Thamam 49, Remraam · 5th floor · completed 2011

506, Al Thamam 49

Sold prices and rental history: sold 5 times, last in October 2024, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 2 October 2024
Last soldAED 660K2 October 2024
Current rentAED 62K /yr20 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Al Thamam 49

What is 506 worth today?

Last sold for AED 660,000 in 2024

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2 Oct 2024SoldReady
AED 660,000AED 849 per sqft
6 Apr 2022SoldReady
AED 400,000AED 515 per sqft
13 Dec 2017SoldReady
AED 635,000AED 817 per sqft
20 Apr 2015RentedNew contract
AED 62,000/yr12 months · AED 80 per sqft
1 Apr 2014RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft
30 Dec 2012SoldReady
AED 723,290AED 931 per sqft
20 May 2009Sold by developerOff-plan
AED 723,294AED 931 per sqft

Source: Dubai Land Department. Updated 2 October 2024.

Key facts

Type
1-bed apartment
Size
777 sqft
Floor
5th of 7
Parking
G-93
Developer
Remraam
Completed
2011
Service charge
AED 12,500 /yr
Last sold
AED 660K · October 2024
Building
Al Thamam 49

About 506, Al Thamam 49

506 is a one-bedroom apartment of 777 sqft on the 5th floor of Al Thamam 49, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 2 October 2024 for AED 660,000, or AED 849 per sqft, 7% above the AED 791 one-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 20 April 2015, is AED 62,000 a year: a gross yield of 9.4% on the 2024 price, before the service charge of about AED 12,500 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Al Thamam 49
400K600K2009201420192024Typical sale price by year: 2009 AED 718,500; 2012 AED 718,659; 2013 AED 582,675; 2014 AED 603,937; 2017 AED 635,000; 2021 AED 333,000; 2022 AED 390,000; 2023 AED 450,000; 2024 AED 600,000; 2025 AED 610,000Sold by developer, May 2009: AED 723,294 (AED 931 per sqft)Sold, December 2012: AED 723,290 (AED 931 per sqft)Sold, December 2017: AED 635,000 (AED 817 per sqft)Sold, April 2022: AED 400,000 (AED 515 per sqft)Sold, October 2024: AED 660,000 (AED 849 per sqft)

506 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 506, each contractTypical one-bed in Al Thamam 49
40K60K2012201620202024Typical rent by year: 2012 AED 36,000; 2013 AED 45,000; 2014 AED 54,000; 2015 AED 55,000; 2016 AED 56,000; 2017 AED 55,500; 2018 AED 50,500; 2019 AED 42,000; 2020 AED 34,000; 2021 AED 31,500; 2022 AED 36,000; 2023 AED 41,877; 2024 AED 45,000; 2025 AED 50,017; 2026 AED 57,500New contract, April 2014: AED 45,000 a yearNew contract, April 2015: AED 62,000 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 49, and where 506 sits

All 30 1-beds →

506 last sold in October 2024 at AED 849 per sqft, 7% above what one-beds in Al Thamam 49 were fetching at the time (AED 791). Over the last 12 months one-beds sold for AED 630,000 to 750,000, around AED 947 per sqft, and rent for AED 46,658 to 65,000 a year. 506's AED 62,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Mar 2026640,000
27 Jan 2026750,000
3 Dec 2025630,000
29 Aug 2025590,000
3 1-bed sales in the last 12 months

Al Thamam 49

Building

62 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 7 sold in the last 12 months.

Typical price per sqft
AED 938
Typical sale
AED 695K
Typical rent
AED 60K /yr
Typical yield
8.2%
Al Thamam 49, Remraam: prices, sales and rents →

Other units on the 5th floor

All 62 units in Al Thamam 49
Value
5011-bedAED 333K · Sep 2021
5021-bedAED 796K · Apr 2014
5031-bedAED 790K · Nov 2024
5042-bedAED 720K · Mar 2019
5052-bedAED 850K · May 2024
5071-bedAED 713K · Aug 2013
5081-bedAED 440K · Oct 2023
1–7 of 8

506, Al Thamam 49 in numbers

  • Sold 5 times: first on 20 May 2009 for AED 723,294, last on 2 October 2024 for AED 660,000 (AED 849 per sqft).
  • Rented since April 2014 on 2 Ejari contracts, from AED 45,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2024 price is 9.4%, before a service charge of about AED 12,500 a year (AED 16.07 per sqft).
  • One-beds in Al Thamam 49 sold for AED 630,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 938 per sqft.

Source: Dubai Land Department. Updated 2 October 2024.

Questions about 506, Al Thamam 49

What did unit 506 last sell for?

AED 660,000 on 2 October 2024: AED 849 per sqft for 777 sqft. The unit has 5 registered sales; the first was AED 723,294 in May 2009.

What is the rent for unit 506?

AED 62,000 a year on the contract signed on 20 April 2015. The previous contract, from April 2014, was AED 45,000.

How big is unit 506?

777 sqft (72.2 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. One-beds in Al Thamam 49 sold for AED 630,000 to 750,000 in the last 12 months, around AED 947 per sqft.

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Mortgage on 506, Al Thamam 49

Starts from the last sale price (AED 660K, 2 October 2024). 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 →