506, Al Thamam 59
Sold prices and rental history: sold 3 times, last in February 2017, 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 506, Al Thamam 59
What is 506 worth today?
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Source: Dubai Land Department. Updated 15 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 773 sqft
- Floor
- 5th of 5
- Parking
- G-71
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,400 /yr
- Last sold
- AED 660K · February 2017
- Building
- Al Thamam 59
About 506, Al Thamam 59
506 is a one-bedroom apartment of 773 sqft on the 5th floor of Al Thamam 59, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 20 February 2017 for AED 660,000, or AED 853 per sqft.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 15 November 2025, is AED 65,000 a year: a gross yield of 9.8% on the 2017 price, before the service charge of about AED 12,400 a year.
Sales and rents for 506 over time
506 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 506 sits
All 22 1-beds →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. 506's AED 65,000 is in the upper half 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 | |
| 502 | 1-bed | 755 sqft | AED 450KAED 450,000 · Jun 2023June 2023 | 38,000 /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 | |
| 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 |
506, Al Thamam 59 in numbers
- Sold 3 times: first on 20 April 2009 for AED 733,109, last on 20 February 2017 for AED 660,000 (AED 853 per sqft).
- Rented since August 2013 on 13 Ejari contracts. The rent fell from AED 46,000 to AED 33,000 in 2021 and recovered to AED 65,000 by November 2025.
- At AED 65,000 a year the gross yield on the 2017 price is 9.8%, before a service charge of about AED 12,400 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 15 November 2025.
Questions about 506, Al Thamam 59
What did unit 506 last sell for?
AED 660,000 on 20 February 2017: AED 853 per sqft for 773 sqft. The unit has 3 registered sales; the first was AED 733,109 in April 2009.
What is the rent for unit 506?
AED 65,000 a year on the contract signed on 15 November 2025. The previous contract, from November 2024, was AED 48,000; the unit has been rented since August 2013.
How big is unit 506?
773 sqft (71.8 sqm): a one-bedroom apartment on the 5th floor of a 5-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 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 506, Al Thamam 59
Starts from the last sale price (AED 660K, 20 February 2017). 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 →