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1-bed · 669 sqftAl Thamam 55, Remraam · 5th floor · completed 2011

508, Al Thamam 55

Sold prices and rental history: sold 3 times, last in July 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 20 September 2022
Last soldAED 303K6 July 2017
Current rentAED 28K /yr20 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Al Thamam 55

What is 508 worth today?

Last sold for AED 302,500 in 2017

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20 Sep 2022RentedRenewal
AED 28,000/yr12 months · AED 42 per sqft
20 Sep 2021RentedNew contract
AED 28,000/yr12 months · AED 42 per sqft
23 May 2020RentedRenewal
AED 42,000/yr12 months · AED 63 per sqft
1 May 2018RentedNew contract
AED 50,000/yr12 months · AED 75 per sqft
6 Jul 2017SoldReady
AED 302,500AED 452 per sqft
22 Jan 2017RentedNew contract
AED 52,500/yr12 months · AED 79 per sqft
11 Dec 2015RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft
11 Dec 2014RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 20 September 2022.

Key facts

Type
1-bed apartment
Size
669 sqft
Floor
5th of 5
Parking
G-73
Developer
Remraam
Completed
2011
Service charge
AED 10,700 /yr
Last sold
AED 303K · July 2017
Building
Al Thamam 55

About 508, Al Thamam 55

508 is a one-bedroom apartment of 669 sqft on the 5th floor of Al Thamam 55, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 6 July 2017 for AED 302,500, or AED 452 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 20 September 2022, is AED 28,000 a year: a gross yield of 9.3% on the 2017 price, before the service charge of about AED 10,700 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in Al Thamam 55
400K600K2009201220152018Typical sale price by year: 2009 AED 718,500; 2013 AED 676,350; 2014 AED 347,655Sold by developer, June 2009: AED 307,440 (AED 459 per sqft)Sold, January 2014: AED 294,793 (AED 440 per sqft)Sold, July 2017: AED 302,500 (AED 452 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 55
40K60K2013201720212025Typical rent by year: 2013 AED 50,000; 2014 AED 55,000; 2015 AED 60,000; 2016 AED 62,000; 2017 AED 60,000; 2018 AED 55,000; 2019 AED 44,000; 2020 AED 36,500; 2021 AED 32,000; 2022 AED 36,000; 2023 AED 41,500; 2024 AED 47,000; 2025 AED 50,600; 2026 AED 47,000New contract, December 2014: AED 55,000 a yearNew contract, December 2015: AED 55,000 a yearNew contract, January 2017: AED 52,500 a yearNew contract, May 2018: AED 50,000 a yearRenewal, May 2020: AED 42,000 a yearNew contract, September 2021: AED 28,000 a yearRenewal, September 2022: AED 28,000 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 55, and where 508 sits

All 18 1-beds →

508's AED 28,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Oct 2024690,000
7 Jul 2023505,000
2 May 2021360,000
2 Sep 2020330,000
0 1-bed sales in the last 12 months

Al Thamam 55

Building

47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 53K /yr
Typical yield
Al Thamam 55, Remraam: prices, sales and rents →

Other units on the 5th floor

All 47 units in Al Thamam 55
Value
501AED 645K · Nov 2025
5021-bedAED 711K · Jun 2013
5031-bedAED 620K · Jun 2013
5042-bedAED 1.02M · Oct 2013
5052-bedAED 1.02M · Oct 2013
5061-bedAED 620K · Jun 2013
507AED 620K · Jul 2013
1–7 of 8

508, Al Thamam 55 in numbers

  • Sold 3 times: first on 15 June 2009 for AED 307,440, last on 6 July 2017 for AED 302,500 (AED 452 per sqft).
  • Rented since December 2014 on 7 Ejari contracts, from AED 55,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2017 price is 9.3%, before a service charge of about AED 10,700 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 20 September 2022.

Questions about 508, Al Thamam 55

What did unit 508 last sell for?

AED 302,500 on 6 July 2017: AED 452 per sqft for 669 sqft. The unit has 3 registered sales; the first was AED 307,440 in June 2009.

What is the rent for unit 508?

AED 28,000 a year on the contract renewed on 20 September 2022. The previous contract, from September 2021, was AED 28,000; the unit has been rented since December 2014.

How big is unit 508?

669 sqft (62.2 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.

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Mortgage on 508, Al Thamam 55

Starts from the last sale price (AED 303K, 6 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 302,500
Deposit, UAE resident (20%)
AED 60,500
Deposit, non-resident (40%)
AED 121,000
Monthly over 25 years at 3.7%
AED 1,238

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