502, Al Thamam 32
Sold prices and rental history: sold twice, last in December 2014, 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 32
What is 502 worth today?
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Source: Dubai Land Department. Updated 15 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 755 sqft
- Floor
- 5th of 5
- Parking
- G-88
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,100 /yr
- Last sold
- AED 678K · December 2014
- Building
- Al Thamam 32
About 502, Al Thamam 32
502 is a one-bedroom apartment of 755 sqft on the 5th floor of Al Thamam 32, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 7 December 2014 for AED 678,412, or AED 898 per sqft, 8% above the AED 832 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 15 December 2024, is AED 44,770 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 12,100 a year.
Sales and rents for 502 over time
502 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 32, and where 502 sits
All 18 1-beds →502 last sold in December 2014 at AED 898 per sqft, 8% above what one-beds in Al Thamam 32 were fetching at the time (AED 832). Over the last 12 months one-beds sold for AED 800,000, around AED 677 per sqft, and rent for AED 50,000 to 50,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Apr 202521 April 2025 | 689 sqft | 615,000 | 892 | ||
| 5 Dec 20245 December 2024 | 689 sqft | 650,000 | 943 | ||
| 4 Nov 20244 November 2024 | 755 sqft | 590,000 | 781 | ||
| 25 Sep 202425 September 2024 | 755 sqft | 450,000 | 596 |
Al Thamam 32
Building46 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 677
- Typical sale
- AED 800K
- Typical rent
- AED 85K /yr
- Typical yield
- 10.8%
Other units on the 5th floor
All 46 units in Al Thamam 32| ValueToday's value | |||||
|---|---|---|---|---|---|
| 503 | 1-bed | 773 sqft | AED 693KAED 693,414 · Oct 2014October 2014 | 58,000 /yr | |
| 504 | 2-bed | 1,116 sqft | AED 885KAED 885,000 · Feb 2018February 2018 | 85,000 /yr | |
| 505 | 2-bed | 1,116 sqft | AED 1.02MAED 1,020,000 · May 2024May 2024 | 55,000 /yr | |
| 506 | 1-bed | 773 sqft | AED 333KAED 332,500 · Mar 2017March 2017 | 36,000 /yr | |
| 507 | 1-bed | 755 sqft | AED 711KAED 710,717 · Jan 2013January 2013 | 62,000 /yr | |
| 508 | 1-bed | 689 sqft | AED 360KAED 360,000 · May 2021May 2021 | 44,275 /yr | |
| 509 | Studio | 387 sqft | AED 370KAED 370,000 · May 2024May 2024 | 18,000 /yr |
502, Al Thamam 32 in numbers
- Sold twice: first on 10 June 2009 for AED 352,067, last on 7 December 2014 for AED 678,412 (AED 898 per sqft).
- Rented since July 2014 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 35,000 in 2021 and recovered to AED 44,770 by December 2024.
- At AED 44,770 a year the gross yield on the 2014 price is 6.6%, before a service charge of about AED 12,100 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 32 sold for AED 800,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 677 per sqft.
Source: Dubai Land Department. Updated 15 December 2024.
Questions about 502, Al Thamam 32
What did unit 502 last sell for?
AED 678,412 on 7 December 2014: AED 898 per sqft for 755 sqft. The unit has 2 registered sales; the first was AED 352,067 in June 2009.
What is the rent for unit 502?
AED 44,770 a year on the contract renewed on 15 December 2024. The previous contract, from December 2023, was AED 40,700; the unit has been rented since July 2014.
How big is unit 502?
755 sqft (70.1 sqm): a one-bedroom 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. One-beds in Al Thamam 32 sold for AED 800,000 to 800,000 in the last 12 months, around AED 677 per sqft.
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Mortgage on 502, Al Thamam 32
Starts from the last sale price (AED 678K, 7 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 678,412
- Deposit, UAE resident (20%)
- AED 135,682
- Deposit, non-resident (40%)
- AED 271,365
- Monthly over 25 years at 3.7%
- AED 2,776
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →