502, Al Thamam 16
Sold prices and rental history: sold 3 times, last in November 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Al Thamam 16
What is 502 worth today?
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Source: Dubai Land Department. Updated 15 April 2025.
Key facts
- Type
- Apartment
- Size
- 787 sqft
- Floor
- 5th of 5
- Parking
- TC16-G-127
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,600 /yr
- Last sold
- AED 415K · November 2020
- Building
- Al Thamam 16
About 502, Al Thamam 16
502 is an apartment of 787 sqft on the 5th floor of Al Thamam 16, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 15 November 2020 for AED 415,000, or AED 527 per sqft.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 15 April 2025, is AED 55,000 a year: a gross yield of 13.3% on the 2020 price, before the service charge of about AED 12,600 a year.
Al Thamam 16
Building60 apartments, studios to 3-bed over 5 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 61K /yr
- Typical yield
Other units on the 5th floor
All 60 units in Al Thamam 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 493 sqft | AED 492KAED 492,000 · Apr 2013April 2013 | 25,000 /yr | |
| 503 | 1-bed | 783 sqft | AED 470KAED 470,000 · May 2022May 2022 | 34,000 /yr | |
| 504 | 2-bed | 1,096 sqft | AED 730KAED 730,000 · May 2013May 2013 | 55,000 /yr | |
| 505 | 1-bed | 675 sqft | AED 694KAED 693,720 · Apr 2013April 2013 | 44,000 /yr | |
| 506 | 1-bed | 675 sqft | AED 375KAED 375,000 · Mar 2021March 2021 | 55,000 /yr | |
| 507 | 2-bed | 1,096 sqft | AED 950KAED 950,000 · Nov 2024November 2024 | 57,259 /yr | |
| 508 | 1-bed | 783 sqft | AED 680KAED 680,000 · Dec 2024December 2024 | 36,000 /yr | |
| 509 | 1-bed | 787 sqft | AED 510KAED 510,000 · Jul 2023July 2023 | 46,200 /yr | |
| 510 | Studio | 493 sqft | AED 415KAED 415,000 · Feb 2024February 2024 | 43,000 /yr | |
| 511 | Studio | 405 sqft | AED 377KAED 377,000 · Sep 2023September 2023 | 39,000 /yr |
502, Al Thamam 16 in numbers
- Sold 3 times: first on 31 March 2009 for AED 692,990, last on 15 November 2020 for AED 415,000 (AED 527 per sqft).
- Rented since January 2014 on 7 Ejari contracts. The rent fell from AED 58,000 to AED 37,000 in 2022 and recovered to AED 55,000 by April 2025.
- At AED 55,000 a year the gross yield on the 2020 price is 13.3%, before a service charge of about AED 12,600 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 15 April 2025.
Questions about 502, Al Thamam 16
What did unit 502 last sell for?
AED 415,000 on 15 November 2020: AED 527 per sqft for 787 sqft. The unit has 3 registered sales; the first was AED 692,990 in March 2009.
What is the rent for unit 502?
AED 55,000 a year on the contract renewed on 15 April 2025. The previous contract, from April 2024, was AED 46,000; the unit has been rented since January 2014.
How big is unit 502?
787 sqft (73.1 sqm): an 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.
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Mortgage on 502, Al Thamam 16
Starts from the last sale price (AED 415K, 15 November 2020). 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 →