1-bed · 783 sqftAl Thamam 26, Remraam · 5th floor · completed 2011

503, Al Thamam 26

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 18 January 2024
Last soldAED 500K18 January 2024
Current rentAED 40K /yr15 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Al Thamam 26

What is 503 worth today?

Last sold for AED 500,000 in 2024

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18 Jan 2024SoldReady
AED 500,000AED 638 per sqft
15 Nov 2022RentedRenewal
AED 40,000/yr12 months · AED 51 per sqft
15 Nov 2021RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
1 Nov 2020RentedRenewal
AED 43,000/yr12 months · AED 55 per sqft
1 Nov 2020RentedNew contract
AED 36,000/yr12 months · AED 46 per sqft
1 Nov 2018RentedRenewal
AED 53,000/yr12 months · AED 67 per sqft
1 Nov 2014RentedRenewal
AED 45,000/yr12 months · AED 57 per sqft
1 Nov 2013RentedNew contract
AED 45,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 18 January 2024.

Key facts

Type
1-bed apartment
Size
783 sqft
Floor
5th of 6
Parking
G-101
Developer
Remraam
Completed
2011
Service charge
AED 12,600 /yr
Last sold
AED 500K · January 2024
Building
Al Thamam 26

About 503, Al Thamam 26

503 is a one-bedroom apartment of 783 sqft on the 5th floor of Al Thamam 26, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 18 January 2024 for AED 500,000, or AED 638 per sqft, in line with the AED 651 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 15 November 2022, is AED 40,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 12,600 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Al Thamam 26
400K600K800K2009201320172021Typical sale price by year: 2009 AED 630,000; 2013 AED 540,000; 2014 AED 685,000; 2017 AED 650,000; 2022 AED 440,000Sold by developer, July 2009: AED 747,676 (AED 955 per sqft)Sold, December 2012: AED 747,670 (AED 955 per sqft)Sold, January 2024: AED 500,000 (AED 638 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Al Thamam 26
40K60K2013201720212025Typical rent by year: 2013 AED 43,000; 2014 AED 57,000; 2015 AED 60,000; 2016 AED 58,000; 2017 AED 57,500; 2018 AED 53,000; 2019 AED 45,000; 2020 AED 35,000; 2021 AED 33,000; 2022 AED 36,500; 2023 AED 44,000; 2024 AED 55,000; 2025 AED 58,000New contract, November 2013: AED 45,000 a yearRenewal, November 2014: AED 45,000 a yearRenewal, November 2018: AED 53,000 a yearRenewal, November 2020: AED 43,000 a yearNew contract, November 2020: AED 36,000 a yearNew contract, November 2021: AED 35,000 a yearRenewal, November 2022: AED 40,000 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 26, and where 503 sits

All 24 1-beds →

503 last sold in January 2024 at AED 638 per sqft, in line with what one-beds in Al Thamam 26 were fetching at the time (AED 651). 503's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Feb 2025615,000
17 Feb 2025590,000
8 Oct 2024650,000
28 Nov 2023510,000
0 1-bed sales in the last 12 months

Al Thamam 26

Building

70 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 61K /yr
Typical yield
Al Thamam 26, Remraam: prices, sales and rents →

Other units on the 5th floor

All 70 units in Al Thamam 26
Value
501StudioAED 432K · Sep 2012
5021-bedAED 365K · Jul 2014
5042-bedAED 550K · Jun 2022
5051-bedAED 573K · Oct 2013
5061-bedAED 590K · Feb 2025
5072-bedAED 1M · Nov 2015
5081-bedAED 510K · Nov 2023
1–7 of 10

503, Al Thamam 26 in numbers

  • Sold 3 times: first on 15 July 2009 for AED 747,676, last on 18 January 2024 for AED 500,000 (AED 638 per sqft).
  • Rented since November 2013 on 7 Ejari contracts. The rent fell from AED 45,000 to AED 35,000 in 2021 and recovered to AED 40,000 by November 2022.
  • At AED 40,000 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 12,600 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 18 January 2024.

Questions about 503, Al Thamam 26

What did unit 503 last sell for?

AED 500,000 on 18 January 2024: AED 638 per sqft for 783 sqft. The unit has 3 registered sales; the first was AED 747,676 in July 2009.

What is the rent for unit 503?

AED 40,000 a year on the contract renewed on 15 November 2022. The previous contract, from November 2021, was AED 35,000; the unit has been rented since November 2013.

How big is unit 503?

783 sqft (72.7 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 26

Starts from the last sale price (AED 500K, 18 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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