508, Al Thamam 01
Sold prices and rental history: sold 4 times, last in January 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 508, Al Thamam 01
What is 508 worth today?
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Source: Dubai Land Department. Updated 20 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 689 sqft
- Floor
- 5th of 5
- Parking
- G-88
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,100 /yr
- Last sold
- AED 380K · January 2023
- Building
- Al Thamam 01
About 508, Al Thamam 01
508 is a one-bedroom apartment of 689 sqft on the 5th floor of Al Thamam 01, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 25 January 2023 for AED 380,000, or AED 551 per sqft, in line with the AED 563 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 20 February 2025, is AED 24,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 11,100 a year.
Sales and rents for 508 over time
508 has sold 4 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 01, and where 508 sits
All 22 1-beds →508 last sold in January 2023 at AED 551 per sqft, in line with what one-beds in Al Thamam 01 were fetching at the time (AED 563).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Apr 202523 April 2025 | 665 sqft | 600,000 | 902 | ||
| 4 Jan 20254 January 2025 | 758 sqft | 635,000 | 837 | ||
| 5 Sep 20245 September 2024 | 1,158 sqft | 675,000 | 582 | ||
| 5 Jun 20245 June 2024 | 1,182 sqft | 655,000 | 554 |
Al Thamam 01
Building48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,034
- Typical sale
- AED 1.04M
- Typical rent
- AED 50K /yr
- Typical yield
- 7.2%
Other units on the 5th floor
All 48 units in Al Thamam 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 665 sqft | AED 380KAED 380,000 · Feb 2022February 2022 | 44,500 /yr | |
| 502 | 1-bed | 777 sqft | AED 420KAED 420,000 · Feb 2023February 2023 | 67,000 /yr | |
| 503 | 1-bed | 777 sqft | AED 425KAED 425,000 · May 2022May 2022 | 48,097 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 630KAED 630,000 · May 2022May 2022 | 57,750 /yr | |
| 505 | 2-bed | 1,109 sqft | AED 630KAED 630,000 · Feb 2022February 2022 | 95,000 /yr | |
| 506 | 1-bed | 777 sqft | AED 460KAED 460,000 · Mar 2022March 2022 | 35,000 /yr | |
| 507 | 1-bed | 777 sqft | AED 440KAED 440,000 · Jul 2022July 2022 | 42,000 /yr | |
| 509 | Studio | 468 sqft | AED 390KAED 390,000 · Jul 2023July 2023 | 54,000 /yr |
508, Al Thamam 01 in numbers
- Sold 4 times: first on 7 December 2011 for AED 648,340, last on 25 January 2023 for AED 380,000 (AED 551 per sqft).
- Rented since January 2013 on 10 Ejari contracts, from AED 32,000 to AED 24,000 a year.
- At AED 24,000 a year the gross yield on the 2023 price is 6.3%, before a service charge of about AED 11,100 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 20 February 2025.
Questions about 508, Al Thamam 01
What did unit 508 last sell for?
AED 380,000 on 25 January 2023: AED 551 per sqft for 689 sqft. The unit has 4 registered sales; the first was AED 648,340 in December 2011.
What is the rent for unit 508?
AED 24,000 a year on the contract renewed on 20 February 2025. The previous contract, from February 2024, was AED 24,000; the unit has been rented since January 2013.
How big is unit 508?
689 sqft (64.0 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.
What is unit 508 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 508, Al Thamam 01
Starts from the last sale price (AED 380K, 25 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 380,000
- Deposit, UAE resident (20%)
- AED 76,000
- Deposit, non-resident (40%)
- AED 152,000
- Monthly over 25 years at 3.7%
- AED 1,555
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →