501, Al Thamam 03
Sold prices and rental history: sold 3 times, last in May 2024, 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 501, Al Thamam 03
What is 501 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 689 sqft
- Floor
- 5th of 5
- Parking
- G-66
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,100 /yr
- Last sold
- AED 525K · May 2024
- Building
- Al Thamam 03
About 501, Al Thamam 03
501 is a one-bedroom apartment of 689 sqft on the 5th floor of Al Thamam 03, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 29 May 2024 for AED 525,000, or AED 762 per sqft, in line with the AED 762 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 15 July 2024, is AED 40,480 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 11,100 a year.
Sales and rents for 501 over time
501 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 03, and where 501 sits
All 20 1-beds →501 last sold in May 2024 at AED 762 per sqft, in line with what one-beds in Al Thamam 03 were fetching at the time (AED 762). Over the last 12 months one-beds sold for AED 675,000, around AED 979 per sqft, and rent for AED 54,000 to 58,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 689 sqft | 675,000 | 979 | ||
| 16 May 202516 May 2025 | 777 sqft | 730,000 | 939 | ||
| 24 Apr 202524 April 2025 | 758 sqft | 700,000 | 923 | ||
| 16 Dec 202416 December 2024 | 1,158 sqft | 750,000 | 647 |
Al Thamam 03
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 979
- Typical sale
- AED 675K
- Typical rent
- AED 56K /yr
- Typical yield
- 8.3%
Other units on the 5th floor
All 46 units in Al Thamam 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 777 sqft | AED 730KAED 730,000 · May 2025May 2025 | 63,000 /yr | |
| 503 | 1-bed | 777 sqft | AED 450KAED 450,000 · Oct 2022October 2022 | 66,000 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 600KAED 600,000 · Apr 2021April 2021 | 57,000 /yr | |
| 506 | 1-bed | 777 sqft | AED 450KAED 450,000 · Mar 2023March 2023 | 39,100 /yr | |
| 507 | 1-bed | 777 sqft | AED 540KAED 540,000 · Sep 2023September 2023 | 30,000 /yr | |
| 508 | 1-bed | 665 sqft | AED 525KAED 525,000 · May 2024May 2024 | 50,000 /yr | |
| 509 | Studio | 468 sqft | AED 460KAED 460,000 · Jun 2016June 2016 | 35,000 /yr |
501, Al Thamam 03 in numbers
- Sold 3 times: first on 26 November 2014 for AED 799,000, last on 29 May 2024 for AED 525,000 (AED 762 per sqft).
- Rented since February 2016 on 6 Ejari contracts. The rent fell from AED 56,000 to AED 28,000 in 2021 and recovered to AED 40,480 by July 2024.
- At AED 40,480 a year the gross yield on the 2024 price is 7.7%, before a service charge of about AED 11,100 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 03 sold for AED 675,000–675,000 in the 12 months to November 2026; the building's median across all types is AED 979 per sqft.
Source: Dubai Land Department. Updated 15 July 2024.
Questions about 501, Al Thamam 03
What did unit 501 last sell for?
AED 525,000 on 29 May 2024: AED 762 per sqft for 689 sqft. The unit has 3 registered sales; the first was AED 799,000 in November 2014.
What is the rent for unit 501?
AED 40,480 a year on the contract signed on 15 July 2024. The previous contract, from July 2023, was AED 36,800; the unit has been rented since February 2016.
How big is unit 501?
689 sqft (64.0 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.
What is unit 501 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 03 sold for AED 675,000 to 675,000 in the last 12 months, around AED 979 per sqft.
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Mortgage on 501, Al Thamam 03
Starts from the last sale price (AED 525K, 29 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 525,000
- Deposit, UAE resident (20%)
- AED 105,000
- Deposit, non-resident (40%)
- AED 210,000
- Monthly over 25 years at 3.7%
- AED 2,148
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →