506, Al Thamam 63
Sold prices and rental history: sold 3 times, last in April 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Al Thamam 63
What is 506 worth today?
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Source: Dubai Land Department. Updated 1 August 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 777 sqft
- Floor
- 5th of 5
- Parking
- G-71
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,500 /yr
- Last sold
- AED 415K · April 2014
- Building
- Al Thamam 63
About 506, Al Thamam 63
506 is a one-bedroom apartment of 777 sqft on the 5th floor of Al Thamam 63, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 3 April 2014 for AED 415,000, or AED 534 per sqft, 26% below the AED 717 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 1 August 2022, is AED 36,000 a year: a gross yield of 8.7% on the 2014 price, before the service charge of about AED 12,500 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 63, and where 506 sits
All 22 1-beds →506 last sold in April 2014 at AED 534 per sqft, 26% below what one-beds in Al Thamam 63 were fetching at the time (AED 717). Over the last 12 months one-beds sold for AED 640,000 to 765,000, around AED 974 per sqft, and rent for AED 47,000 to 62,000 a year. 506's AED 36,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Mar 202616 March 2026 | 777 sqft | 765,000 | 985 | ||
| 18 Dec 202518 December 2025 | 665 sqft | 640,000 | 962 | ||
| 12 Mar 202512 March 2025 | 665 sqft | 729,600 | 1,096 | ||
| 6 Jan 20256 January 2025 | 689 sqft | 535,000 | 776 |
Al Thamam 63
Building48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 3 sold in the last 12 months.
- Typical price per sqft
- AED 962
- Typical sale
- AED 640K
- Typical rent
- AED 62K /yr
- Typical yield
- 7.9%
Other units on the 5th floor
All 48 units in Al Thamam 63| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 450KAED 450,000 · Apr 2021April 2021 | 50,000 /yr | |
| 502 | 1-bed | 777 sqft | AED 765KAED 765,000 · Mar 2026March 2026 | 47,000 /yr | |
| 503 | 1-bed | 777 sqft | AED 713KAED 713,150 · Jan 2014January 2014 | 50,000 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 920KAED 920,000 · Jul 2024July 2024 | 60,000 /yr | |
| 505 | 2-bed | 1,109 sqft | AED 906KAED 906,000 · Dec 2024December 2024 | 82,000 /yr | |
| 507 | 1-bed | 777 sqft | AED 650KAED 650,000 · Feb 2016February 2016 | 48,500 /yr | |
| 508 | 1-bed | 665 sqft | AED 730KAED 729,600 · Mar 2025March 2025 | 39,600 /yr | |
| 509 | Studio | 468 sqft | AED 260KAED 260,000 · Jul 2022July 2022 | 35,000 /yr |
506, Al Thamam 63 in numbers
- Sold 3 times: first on 26 April 2009 for AED 723,294, last on 3 April 2014 for AED 415,000 (AED 534 per sqft).
- Rented since June 2018 on 4 Ejari contracts, from AED 53,000 to AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2014 price is 8.7%, before a service charge of about AED 12,500 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 63 sold for AED 640,000–765,000 in the 12 months to November 2026; the building's median across all types is AED 962 per sqft.
Source: Dubai Land Department. Updated 1 August 2022.
Questions about 506, Al Thamam 63
What did unit 506 last sell for?
AED 415,000 on 3 April 2014: AED 534 per sqft for 777 sqft. The unit has 3 registered sales; the first was AED 723,294 in April 2009.
What is the rent for unit 506?
AED 36,000 a year on the contract renewed on 1 August 2022. The previous contract, from August 2021, was AED 34,000; the unit has been rented since June 2018.
How big is unit 506?
777 sqft (72.2 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 63 sold for AED 640,000 to 765,000 in the last 12 months, around AED 974 per sqft.
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Mortgage on 506, Al Thamam 63
Starts from the last sale price (AED 415K, 3 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 415,000
- Deposit, UAE resident (20%)
- AED 83,000
- Deposit, non-resident (40%)
- AED 166,000
- Monthly over 25 years at 3.7%
- AED 1,698
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →