503, Al Thamam 04
Sold prices and rental history: sold once, by the developer in September 2013, 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 503, Al Thamam 04
What is 503 worth today?
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Source: Dubai Land Department. Updated 10 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 773 sqft
- Floor
- 5th of 6
- Parking
- TA04-G-89
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,400 /yr
- Last sold
- AED 719K · September 2013
- Building
- Al Thamam 04
About 503, Al Thamam 04
503 is a one-bedroom apartment of 773 sqft on the 5th floor of Al Thamam 04, a 6-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 19 September 2013 for AED 718,540, or AED 929 per sqft, in line with the AED 929 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 10 May 2024, is AED 36,000 a year: a gross yield of 5.0% on the 2013 price, before the service charge of about AED 12,400 a year.
Sales and rents for 503 over time
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 04, and where 503 sits
All 24 1-beds →503 last sold in September 2013 at AED 929 per sqft, in line with what one-beds in Al Thamam 04 were fetching at the time (AED 929). 503's AED 36,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Sep 201323 September 2013 | 689 sqft | 619,150 | 898 | ||
| 19 Sep 201319 September 2013 | 773 sqft | 723,395 | 935 | ||
| 19 Sep 201319 September 2013 | 665 sqft | 623,420 | 937 | ||
| 19 Sep 201319 September 2013 | 665 sqft | 627,690 | 943 |
Al Thamam 04
Building57 apartments, studios to 3-bed over 6 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 48K /yr
- Typical yield
Other units on the 5th floor
All 57 units in Al Thamam 04| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 665 sqft | AED 632KAED 631,960 · Sep 2013September 2013 | 40,700 /yr | |
| 502 | 1-bed | 755 sqft | AED 709KAED 708,920 · Sep 2013September 2013 | 44,770 /yr | |
| 504 | 2-bed | 1,009 sqft | AED 921KAED 920,560 · Sep 2013September 2013 | 66,000 /yr | |
| 505 | 2-bed | 1,009 sqft | AED 921KAED 920,560 · Sep 2013September 2013 | 61,215 /yr | |
| 506 | 1-bed | 773 sqft | AED 719KAED 718,540 · Sep 2013September 2013 | 40,002 /yr | |
| 507 | 1-bed | 755 sqft | AED 709KAED 708,920 · Sep 2013September 2013 | 38,500 /yr | |
| 508 | 1-bed | 689 sqft | AED 632KAED 631,960 · Sep 2013September 2013 | 41,800 /yr | |
| 509 | Studio | 387 sqft | AED 373KAED 372,960 · Sep 2013September 2013 | 40,800 /yr |
503, Al Thamam 04 in numbers
- Sold once: by Remraam on 19 September 2013 for AED 718,540, or AED 929 per sqft.
- Rented since October 2013 on 9 Ejari contracts, from AED 45,000 to AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2013 price is 5.0%, before a service charge of about AED 12,400 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 10 May 2024.
Questions about 503, Al Thamam 04
What did unit 503 last sell for?
AED 718,540 on 19 September 2013, sold by the developer: AED 929 per sqft for 773 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 36,000 a year on the contract renewed on 10 May 2024. The previous contract, from June 2022, was AED 37,091; the unit has been rented since October 2013.
How big is unit 503?
773 sqft (71.8 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2011.
What is unit 503 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 503, Al Thamam 04
Starts from the last sale price (AED 719K, 19 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 718,540
- Deposit, UAE resident (20%)
- AED 143,708
- Deposit, non-resident (40%)
- AED 287,416
- Monthly over 25 years at 3.7%
- AED 2,940
Plus AED 35,189 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →