506, Al Thamam 32
Sold prices and rental history: sold 3 times, last in March 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Al Thamam 32
What is 506 worth today?
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Source: Dubai Land Department. Updated 1 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 773 sqft
- Floor
- 5th of 5
- Parking
- G-92
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,400 /yr
- Last sold
- AED 333K · March 2017
- Building
- Al Thamam 32
About 506, Al Thamam 32
506 is a one-bedroom apartment of 773 sqft on the 5th floor of Al Thamam 32, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 23 March 2017 for AED 332,500, or AED 429 per sqft, 21% below the AED 545 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 36,000 a year: a gross yield of 10.8% on the 2017 price, before the service charge of about AED 12,400 a year.
Sales and rents for 506 over time
506 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 32, and where 506 sits
All 18 1-beds →506 last sold in March 2017 at AED 429 per sqft, 21% below what one-beds in Al Thamam 32 were fetching at the time (AED 545). 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 | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 755 sqft | AED 678KAED 678,412 · Dec 2014December 2014 | 44,770 /yr | |
| 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 | |
| 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 |
506, Al Thamam 32 in numbers
- Sold 3 times: first on 15 June 2009 for AED 373,838, last on 23 March 2017 for AED 332,500 (AED 429 per sqft).
- Rented since December 2013 on 11 Ejari contracts, from AED 50,000 to AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2017 price is 10.8%, before a service charge of about AED 12,400 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 1 April 2023.
Questions about 506, Al Thamam 32
What did unit 506 last sell for?
AED 332,500 on 23 March 2017: AED 429 per sqft for 773 sqft. The unit has 3 registered sales; the first was AED 373,838 in June 2009.
What is the rent for unit 506?
AED 36,000 a year on the contract renewed on 1 April 2023. The previous contract, from April 2022, was AED 33,000; the unit has been rented since December 2013.
How big is unit 506?
773 sqft (71.8 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.
What is unit 506 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 506, Al Thamam 32
Starts from the last sale price (AED 333K, 23 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 332,500
- Deposit, UAE resident (20%)
- AED 66,500
- Deposit, non-resident (40%)
- AED 133,000
- Monthly over 25 years at 3.7%
- AED 1,360
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →