501, Al Thamam 24
Sold prices and rental history: sold 3 times, last in September 2024, 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 501, Al Thamam 24
What is 501 worth today?
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Source: Dubai Land Department. Updated 13 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 665 sqft
- Floor
- 5th of 6
- Parking
- G-95
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,700 /yr
- Last sold
- AED 540K · September 2024
- Building
- Al Thamam 24
About 501, Al Thamam 24
501 is a one-bedroom apartment of 665 sqft on the 5th floor of Al Thamam 24, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 16 September 2024 for AED 540,000, or AED 811 per sqft, 8% above the AED 751 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 13 April 2025, is AED 56,000 a year: a gross yield of 10.4% on the 2024 price, before the service charge of about AED 10,700 a year.
Sales and rents for 501 over time
501 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 24, and where 501 sits
All 24 1-beds →501 last sold in September 2024 at AED 811 per sqft, 8% above what one-beds in Al Thamam 24 were fetching at the time (AED 751). 501's AED 56,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jul 20257 July 2025 | 758 sqft | 655,000 | 863 | ||
| 1 Jul 20251 July 2025 | 758 sqft | 650,000 | 857 | ||
| 16 May 202516 May 2025 | 1,158 sqft | 650,000 | 561 | ||
| 15 Apr 202515 April 2025 | 1,112 sqft | 775,000 | 696 |
Al Thamam 24
Building57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 3 sold in the last 12 months.
- Typical price per sqft
- AED 874
- Typical sale
- AED 1.3M
- Typical rent
- AED 61K /yr
- Typical yield
- 9.1%
Other units on the 5th floor
All 57 units in Al Thamam 24| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 758 sqft | AED 592KAED 591,609 · Nov 2014November 2014 | 50,000 /yr | |
| 503 | 1-bed | 758 sqft | AED 655KAED 655,000 · Jul 2025July 2025 | 44,500 /yr | |
| 504 | 2-bed | 1,006 sqft | AED 770KAED 770,000 · Jun 2018June 2018 | 75,000 /yr | |
| 505 | 2-bed | 1,006 sqft | AED 1.06MAED 1,060,000 · Oct 2014October 2014 | ||
| 506 | 1-bed | 758 sqft | AED 550KAED 550,000 · Jan 2024January 2024 | 60,000 /yr | |
| 507 | 1-bed | 758 sqft | AED 650KAED 650,000 · Jul 2025July 2025 | 47,880 /yr | |
| 508 | 1-bed | 689 sqft | AED 537KAED 537,057 · Aug 2013August 2013 | 55,000 /yr | |
| 509 | Studio | 468 sqft | AED 366KAED 365,707 · Dec 2013December 2013 | 44,000 /yr |
501, Al Thamam 24 in numbers
- Sold 3 times: first on 15 July 2009 for AED 613,732, last on 16 September 2024 for AED 540,000 (AED 811 per sqft).
- Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 56,000 to AED 28,000 in 2021 and recovered to AED 56,000 by April 2025.
- At AED 56,000 a year the gross yield on the 2024 price is 10.4%, before a service charge of about AED 10,700 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 13 April 2025.
Questions about 501, Al Thamam 24
What did unit 501 last sell for?
AED 540,000 on 16 September 2024: AED 811 per sqft for 665 sqft. The unit has 3 registered sales; the first was AED 613,732 in July 2009.
What is the rent for unit 501?
AED 56,000 a year on the contract signed on 13 April 2025. The previous contract, from August 2023, was AED 42,000; the unit has been rented since November 2014.
How big is unit 501?
665 sqft (61.8 sqm): a one-bedroom apartment 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 24
Starts from the last sale price (AED 540K, 16 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 540,000
- Deposit, UAE resident (20%)
- AED 108,000
- Deposit, non-resident (40%)
- AED 216,000
- Monthly over 25 years at 3.7%
- AED 2,209
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →