501, Al Thamam 14
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Al Thamam 14
What is 501 worth today?
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Source: Dubai Land Department. Updated 31 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 494 sqft
- Floor
- 5th of 6
- Parking
- G-103
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,900 /yr
- Last sold
- AED 452K · May 2009
- Building
- Al Thamam 14
About 501, Al Thamam 14
501 is a studio of 494 sqft on the 5th floor of Al Thamam 14, a 6-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 20 May 2009 for AED 451,892, or AED 915 per sqft, in line with the AED 909 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 31 May 2024, is AED 32,595 a year: a gross yield of 7.2% on the 2009 price, before the service charge of about AED 7,900 a year.
Sales and rents for 501 over time
501 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Thamam 14, and where 501 sits
All 16 studios →501 last sold in May 2009 at AED 915 per sqft, in line with what studios in Al Thamam 14 were fetching at the time (AED 909).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Nov 202428 November 2024 | 405 sqft | 410,000 | 1,011 | ||
| 19 Nov 202419 November 2024 | 405 sqft | 325,000 | 801 | ||
| 14 Nov 202414 November 2024 | 405 sqft | 400,000 | 987 | ||
| 13 Nov 202413 November 2024 | 405 sqft | 325,000 | 801 |
Al Thamam 14
Building71 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 68K /yr
- Typical yield
Other units on the 5th floor
All 71 units in Al Thamam 14| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 787 sqft | AED 722KAED 722,017 · May 2009May 2009 | 60,000 /yr | |
| 503 | 1-bed | 783 sqft | AED 719KAED 718,930 · May 2009May 2009 | 42,925 /yr | |
| 504 | 2-bed | 997 sqft | AED 912KAED 912,176 · May 2009May 2009 | 58,443 /yr | |
| 505 | 1-bed | 675 sqft | AED 621KAED 620,832 · May 2009May 2009 | 39,209 /yr | |
| 506 | 1-bed | 675 sqft | AED 621KAED 620,832 · May 2009May 2009 | 61,000 /yr | |
| 507 | 2-bed | 997 sqft | AED 912KAED 912,093 · May 2009May 2009 | 65,340 /yr | |
| 508 | 1-bed | 783 sqft | AED 719KAED 718,930 · May 2009May 2009 | 44,872 /yr | |
| 509 | 1-bed | 787 sqft | AED 722KAED 722,017 · May 2009May 2009 | 43,560 /yr | |
| 510 | Studio | 494 sqft | AED 452KAED 451,892 · May 2009May 2009 | 42,113 /yr | |
| 511 | Studio | 405 sqft | AED 410KAED 410,000 · Nov 2024November 2024 | 45,000 /yr |
501, Al Thamam 14 in numbers
- Sold once: by Remraam on 20 May 2009 for AED 451,892, or AED 915 per sqft.
- Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 43,000 to AED 22,500 in 2021 and recovered to AED 32,595 by May 2024.
- At AED 32,595 a year the gross yield on the 2009 price is 7.2%, before a service charge of about AED 7,900 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 31 May 2024.
Questions about 501, Al Thamam 14
What did unit 501 last sell for?
AED 451,892 on 20 May 2009, sold by the developer: AED 915 per sqft for 494 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 32,595 a year on the contract renewed on 31 May 2024. The previous contract, from June 2023, was AED 29,780; the unit has been rented since August 2017.
How big is unit 501?
494 sqft (45.9 sqm): a studio on the 5th floor of a 6-storey tower completed in 2011.
What is unit 501 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 501, Al Thamam 14
Starts from the last sale price (AED 452K, 20 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 451,892
- Deposit, UAE resident (20%)
- AED 90,378
- Deposit, non-resident (40%)
- AED 180,757
- Monthly over 25 years at 3.7%
- AED 1,849
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →