502, Al Thamam 59
Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Al Thamam 59
What is 502 worth today?
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Source: Dubai Land Department. Updated 16 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 755 sqft
- Floor
- 5th of 5
- Parking
- G-67
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,100 /yr
- Last sold
- AED 450K · June 2023
- Building
- Al Thamam 59
About 502, Al Thamam 59
502 is a one-bedroom apartment of 755 sqft on the 5th floor of Al Thamam 59, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 16 June 2023 for AED 450,000, or AED 596 per sqft, 24% above the AED 480 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 18 December 2022, is AED 38,000 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 12,100 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 59, and where 502 sits
All 22 1-beds →502 last sold in June 2023 at AED 596 per sqft, 24% above what one-beds in Al Thamam 59 were fetching at the time (AED 480). Over the last 12 months one-beds sold for AED 710,000, around AED 940 per sqft, and rent for AED 41,632 to 68,000 a year. 502's AED 38,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Sep 202616 September 2026 | 755 sqft | 710,000 | 940 | ||
| 23 Sep 202523 September 2025 | 689 sqft | 625,000 | 907 | ||
| 17 Sep 202517 September 2025 | 773 sqft | 705,000 | 911 | ||
| 25 Aug 202525 August 2025 | 1,156 sqft | 770,000 | 666 |
Al Thamam 59
Building48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.
- Typical price per sqft
- AED 880
- Typical sale
- AED 1.01M
- Typical rent
- AED 49K /yr
- Typical yield
- 8.8%
Other units on the 5th floor
All 48 units in Al Thamam 59| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 350KAED 350,000 · Sep 2021September 2021 | 48,000 /yr | |
| 503 | 1-bed | 773 sqft | AED 705KAED 705,000 · Sep 2025September 2025 | 58,000 /yr | |
| 504 | 2-bed | 1,116 sqft | AED 985KAED 985,000 · Dec 2024December 2024 | 55,000 /yr | |
| 505 | 2-bed | 1,116 sqft | AED 895KAED 895,000 · Nov 2016November 2016 | 52,000 /yr | |
| 506 | 1-bed | 773 sqft | AED 660KAED 660,000 · Feb 2017February 2017 | 65,000 /yr | |
| 507 | 1-bed | 755 sqft | AED 710KAED 710,000 · Sep 2026September 2026 | 48,000 /yr | |
| 508 | 1-bed | 665 sqft | AED 700KAED 700,280 · Jun 2013June 2013 | 56,000 /yr | |
| 509 | Studio | 387 sqft | AED 480KAED 480,000 · Apr 2014April 2014 | 44,000 /yr |
502, Al Thamam 59 in numbers
- Sold 3 times: first on 9 June 2009 for AED 361,647, last on 16 June 2023 for AED 450,000 (AED 596 per sqft).
- Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 32,000 in 2020 and recovered to AED 38,000 by December 2022.
- At AED 38,000 a year the gross yield on the 2023 price is 8.4%, before a service charge of about AED 12,100 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 59 sold for AED 710,000–710,000 in the 12 months to November 2026; the building's median across all types is AED 880 per sqft.
Source: Dubai Land Department. Updated 16 June 2023.
Questions about 502, Al Thamam 59
What did unit 502 last sell for?
AED 450,000 on 16 June 2023: AED 596 per sqft for 755 sqft. The unit has 3 registered sales; the first was AED 361,647 in June 2009.
What is the rent for unit 502?
AED 38,000 a year on the contract renewed on 18 December 2022. The previous contract, from December 2021, was AED 34,000; the unit has been rented since November 2013.
How big is unit 502?
755 sqft (70.1 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 59 sold for AED 710,000 to 710,000 in the last 12 months, around AED 940 per sqft.
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Mortgage on 502, Al Thamam 59
Starts from the last sale price (AED 450K, 16 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →