502, Al Thamam 63
Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Al Thamam 63
What is 502 worth today?
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Source: Dubai Land Department. Updated 11 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 777 sqft
- Floor
- 5th of 5
- Parking
- G-67
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,500 /yr
- Last sold
- AED 776K · March 2014
- Building
- Al Thamam 63
About 502, Al Thamam 63
502 is a one-bedroom apartment of 777 sqft on the 5th floor of Al Thamam 63, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 17 March 2014 for AED 775,720, or AED 998 per sqft, 39% above the AED 717 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 11 November 2024, is AED 47,000 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 12,500 a year.
Sales and rents for 502 over time
502 has sold once; 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 63, and where 502 sits
All 22 1-beds →502 last sold in March 2014 at AED 998 per sqft, 39% above what one-beds in Al Thamam 63 were fetching at the time (AED 717). Over the last 12 months one-beds sold for AED 640,000, around AED 962 per sqft, and rent for AED 47,000 to 60,000 a year. 502's AED 47,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Dec 202518 December 2025 | 665 sqft | 640,000 | 962 | ||
| 12 Mar 202512 March 2025 | 665 sqft | 729,600 | 1,096 | ||
| 6 Jan 20256 January 2025 | 689 sqft | 535,000 | 776 | ||
| 22 Mar 202422 March 2024 | 1,159 sqft | 600,000 | 517 |
Al Thamam 63
Building48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.
- Typical price per sqft
- AED 940
- Typical sale
- AED 535K
- Typical rent
- AED 57K /yr
- Typical yield
- 8.0%
Other units on the 5th floor
All 48 units in Al Thamam 63| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 450KAED 450,000 · Apr 2021April 2021 | 47,250 /yr | |
| 503 | 1-bed | 777 sqft | AED 713KAED 713,150 · Jan 2014January 2014 | 50,000 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 920KAED 920,000 · Jul 2024July 2024 | 60,000 /yr | |
| 505 | 2-bed | 1,109 sqft | AED 906KAED 906,000 · Dec 2024December 2024 | 58,300 /yr | |
| 506 | 1-bed | 777 sqft | AED 415KAED 415,000 · Apr 2014April 2014 | 36,000 /yr | |
| 507 | 1-bed | 777 sqft | AED 650KAED 650,000 · Feb 2016February 2016 | 46,200 /yr | |
| 508 | 1-bed | 665 sqft | AED 730KAED 729,600 · Mar 2025March 2025 | 39,600 /yr | |
| 509 | Studio | 468 sqft | AED 260KAED 260,000 · Jul 2022July 2022 | 40,000 /yr |
502, Al Thamam 63 in numbers
- Sold once: by Remraam on 17 March 2014 for AED 775,720, or AED 998 per sqft.
- Rented since June 2016 on 10 Ejari contracts. The rent fell from AED 62,000 to AED 32,000 in 2021 and recovered to AED 47,000 by November 2024.
- At AED 47,000 a year the gross yield on the 2014 price is 6.1%, before a service charge of about AED 12,500 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 63 sold for AED 640,000–640,000 in the 12 months to November 2026; the building's median across all types is AED 940 per sqft.
Source: Dubai Land Department. Updated 11 November 2024.
Questions about 502, Al Thamam 63
What did unit 502 last sell for?
AED 775,720 on 17 March 2014, sold by the developer: AED 998 per sqft for 777 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 47,000 a year on the contract renewed on 11 November 2024. The previous contract, from November 2023, was AED 47,000; the unit has been rented since June 2016.
How big is unit 502?
777 sqft (72.2 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 63 sold for AED 640,000 to 640,000 in the last 12 months, around AED 962 per sqft.
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Mortgage on 502, Al Thamam 63
Starts from the last sale price (AED 776K, 17 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 775,720
- Deposit, UAE resident (20%)
- AED 155,144
- Deposit, non-resident (40%)
- AED 310,288
- Monthly over 25 years at 3.7%
- AED 3,174
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →