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1-bed · 689 sqftAl Thamam 32, Remraam · 5th floor · completed 2011

508, Al Thamam 32

Sold prices and rental history: sold 3 times, last in May 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 360K9 May 2021
Current rentAED 44K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Al Thamam 32

What is 508 worth today?

Last sold for AED 360,000 in 2021

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1 Oct 2024RentedRenewal
AED 44,275/yr12 months · AED 64 per sqft
1 Oct 2023RentedRenewal
AED 44,275/yr12 months · AED 64 per sqft
1 Oct 2022RentedRenewal
AED 35,000/yr12 months · AED 51 per sqft
1 Oct 2021RentedNew contract
AED 30,000/yr12 months · AED 44 per sqft
9 May 2021SoldReady
AED 360,000AED 522 per sqft
22 May 2020RentedRenewal
AED 36,000/yr12 months · AED 52 per sqft
22 May 2019RentedNew contract
AED 40,000/yr12 months · AED 58 per sqft
5 May 2018RentedNew contract
AED 48,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
689 sqft
Floor
5th of 5
Parking
G-94
Developer
Remraam
Completed
2011
Service charge
AED 11,100 /yr
Last sold
AED 360K · May 2021
Building
Al Thamam 32

About 508, Al Thamam 32

508 is a one-bedroom apartment of 689 sqft on the 5th floor of Al Thamam 32, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 9 May 2021 for AED 360,000, or AED 522 per sqft.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 44,275 a year: a gross yield of 12.3% on the 2021 price, before the service charge of about AED 11,100 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in Al Thamam 32
500K750K20092013201720212025Typical sale price by year: 2009 AED 619,154; 2013 AED 648,601; 2014 AED 679,206; 2016 AED 700,000; 2017 AED 595,000; 2024 AED 575,000Sold by developer, October 2012: AED 849,730 (AED 1,233 per sqft)Sold, July 2013: AED 849,730 (AED 1,233 per sqft)Sold, May 2021: AED 360,000 (AED 522 per sqft)

508 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 508, each contractTypical one-bed in Al Thamam 32
40K60K2013201720212025Typical rent by year: 2013 AED 41,884; 2014 AED 57,000; 2015 AED 53,500; 2016 AED 57,500; 2017 AED 58,000; 2018 AED 56,000; 2019 AED 45,000; 2020 AED 39,000; 2021 AED 32,000; 2022 AED 35,500; 2023 AED 40,700; 2024 AED 47,625; 2025 AED 55,000New contract, January 2013: AED 33,000 a yearRenewal, January 2016: AED 49,500 a yearNew contract, April 2017: AED 55,000 a yearNew contract, May 2018: AED 48,000 a yearNew contract, May 2019: AED 40,000 a yearRenewal, May 2020: AED 36,000 a yearNew contract, October 2021: AED 30,000 a yearRenewal, October 2022: AED 35,000 a yearRenewal, October 2023: AED 44,275 a yearRenewal, October 2024: AED 44,275 a year

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 508 sits

All 18 1-beds →

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 salesUnit no.Price (AED)Summary
21 Apr 2025615,000
5 Dec 2024650,000
4 Nov 2024590,000
25 Sep 2024450,000
1 1-bed sale in the last 12 months

Al Thamam 32

Building

46 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%
Al Thamam 32, Remraam: prices, sales and rents →

Other units on the 5th floor

All 46 units in Al Thamam 32
Value
5021-bedAED 678K · Dec 2014
5031-bedAED 693K · Oct 2014
5042-bedAED 885K · Feb 2018
5052-bedAED 1.02M · May 2024
5061-bedAED 333K · Mar 2017
5071-bedAED 711K · Jan 2013
509StudioAED 370K · May 2024

508, Al Thamam 32 in numbers

  • Sold 3 times: first on 30 October 2012 for AED 849,730, last on 9 May 2021 for AED 360,000 (AED 522 per sqft).
  • Rented since January 2013 on 10 Ejari contracts, from AED 33,000 to AED 44,275 a year.
  • At AED 44,275 a year the gross yield on the 2021 price is 12.3%, before a service charge of about AED 11,100 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 1 October 2024.

Questions about 508, Al Thamam 32

What did unit 508 last sell for?

AED 360,000 on 9 May 2021: AED 522 per sqft for 689 sqft. The unit has 3 registered sales; the first was AED 849,730 in October 2012.

What is the rent for unit 508?

AED 44,275 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 44,275; the unit has been rented since January 2013.

How big is unit 508?

689 sqft (64.0 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 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 508, Al Thamam 32

Starts from the last sale price (AED 360K, 9 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →