508, Al Thamam 28
Sold prices and rental history: sold twice, last in December 2012, 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 508, Al Thamam 28
What is 508 worth today?
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Source: Dubai Land Department. Updated 12 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 391 sqft
- Floor
- 5th of 5
- Parking
- G-121
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 6,300 /yr
- Last sold
- AED 374K · December 2012
- Building
- Al Thamam 28
About 508, Al Thamam 28
508 is a one-bedroom apartment of 391 sqft on the 5th floor of Al Thamam 28, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 26 December 2012 for AED 374,220, or AED 478 per sqft.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 12 October 2023, is AED 45,000 a year: a gross yield of 12.0% on the 2012 price, before the service charge of about AED 6,300 a year.
Sales and rents for 508 over time
508 has sold twice; 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 28, and where 508 sits
All 23 1-beds →Over the last 12 months one-beds sold for AED 730,000, around AED 949 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Dec 202524 December 2025 | 768 sqft | 730,000 | 949 | ||
| 23 Dec 202423 December 2024 | 675 sqft | 670,000 | 993 | ||
| 8 Nov 20248 November 2024 | 787 sqft | 638,662 | 811 | ||
| 30 Sep 202430 September 2024 | 675 sqft | 550,000 | 815 |
Al Thamam 28
Building60 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 861
- Typical sale
- AED 730K
- Typical rent
- AED 70K /yr
- Typical yield
- 11.1%
Other units on the 5th floor
All 60 units in Al Thamam 28| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 493 sqft | AED 380KAED 380,000 · Nov 2023November 2023 | 48,000 /yr | |
| 502 | 1-bed | 787 sqft | AED 639KAED 638,662 · Nov 2024November 2024 | 43,600 /yr | |
| 503 | 1-bed | 783 sqft | AED 740KAED 740,000 · Nov 2015November 2015 | 51,600 /yr | |
| 504 | 2-bed | 1,096 sqft | AED 849KAED 849,251 · Feb 2013February 2013 | 68,250 /yr | |
| 505 | 1-bed | 675 sqft | AED 263KAED 263,446 · Aug 2013August 2013 | 44,275 /yr | |
| 506 | 1-bed | 675 sqft | AED 530KAED 530,000 · Jul 2024July 2024 | 53,000 /yr | |
| 507 | 2-bed | 1,096 sqft | AED 875KAED 874,650 · Dec 2012December 2012 | 78,000 /yr | |
| 509 | 1-bed | 787 sqft | AED 495KAED 495,000 · Mar 2024March 2024 | 37,000 /yr | |
| 510 | Studio | 493 sqft | AED 400KAED 400,000 · Oct 2024October 2024 | 52,000 /yr | |
| 511 | Studio | 405 sqft | AED 250KAED 250,000 · Apr 2021April 2021 | 35,000 /yr |
508, Al Thamam 28 in numbers
- Sold twice: first on 9 June 2009 for AED 374,223, last on 26 December 2012 for AED 374,220 (AED 478 per sqft).
- Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 28,000 in 2021 and recovered to AED 45,000 by October 2023.
- At AED 45,000 a year the gross yield on the 2012 price is 12.0%, before a service charge of about AED 6,300 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 28 sold for AED 730,000–730,000 in the 12 months to November 2026; the building's median across all types is AED 861 per sqft.
Source: Dubai Land Department. Updated 12 October 2023.
Questions about 508, Al Thamam 28
What did unit 508 last sell for?
AED 374,220 on 26 December 2012: AED 478 per sqft for 391 sqft. The unit has 2 registered sales; the first was AED 374,223 in June 2009.
What is the rent for unit 508?
AED 45,000 a year on the contract renewed on 12 October 2023. The previous contract, from October 2022, was AED 40,000; the unit has been rented since May 2014.
How big is unit 508?
391 sqft (36.3 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. One-beds in Al Thamam 28 sold for AED 730,000 to 730,000 in the last 12 months, around AED 949 per sqft.
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Mortgage on 508, Al Thamam 28
Starts from the last sale price (AED 374K, 26 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 374,220
- Deposit, UAE resident (20%)
- AED 74,844
- Deposit, non-resident (40%)
- AED 149,688
- Monthly over 25 years at 3.7%
- AED 1,531
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →