1-bed · 777 sqftAl Thamam 49, Remraam · 5th floor · completed 2011

503, Al Thamam 49

Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 8 November 2024
Last soldAED 790K8 November 2024
Current rentAED 48K /yr5 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Al Thamam 49

What is 503 worth today?

Last sold for AED 790,000 in 2024

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8 Nov 2024SoldReady
AED 790,000AED 1,017 per sqft
5 Sep 2023RentedNew contract
AED 48,000/yr12 months · AED 62 per sqft
1 Feb 2021RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
15 Nov 2019RentedRenewal
AED 41,000/yr12 months · AED 53 per sqft
15 Nov 2017RentedRenewal
AED 55,000/yr12 months · AED 71 per sqft
15 Nov 2016RentedRenewal
AED 57,000/yr12 months · AED 74 per sqft
15 Nov 2015RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft
1 Nov 2014RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 8 November 2024.

Key facts

Type
1-bed apartment
Size
777 sqft
Floor
5th of 7
Parking
G-96
Developer
Remraam
Completed
2011
Service charge
AED 12,500 /yr
Last sold
AED 790K · November 2024
Building
Al Thamam 49

About 503, Al Thamam 49

503 is a one-bedroom apartment of 777 sqft on the 5th floor of Al Thamam 49, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 8 November 2024 for AED 790,000, or AED 1,017 per sqft, 25% above the AED 811 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 5 September 2023, is AED 48,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 12,500 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Al Thamam 49
250K500K750K2009201420192024Typical sale price by year: 2009 AED 718,500; 2012 AED 718,659; 2013 AED 582,675; 2014 AED 651,399; 2017 AED 600,000; 2021 AED 333,000; 2023 AED 450,000; 2024 AED 600,000; 2025 AED 620,000Sold by developer, April 2009: AED 723,294 (AED 931 per sqft)Sold, August 2012: AED 713,932 (AED 919 per sqft)Sold, April 2014: AED 796,000 (AED 1,024 per sqft)Sold, November 2024: AED 790,000 (AED 1,017 per sqft)

503 has sold 4 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 49
40K60K2012201620202024Typical rent by year: 2012 AED 36,000; 2013 AED 45,000; 2014 AED 54,500; 2015 AED 55,000; 2016 AED 56,000; 2017 AED 56,000; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 35,000; 2021 AED 32,500; 2022 AED 36,000; 2023 AED 43,500; 2024 AED 47,000; 2025 AED 51,752New contract, November 2014: AED 60,000 a yearNew contract, November 2015: AED 55,000 a yearRenewal, November 2016: AED 57,000 a yearRenewal, November 2017: AED 55,000 a yearRenewal, November 2019: AED 41,000 a yearNew contract, February 2021: AED 35,000 a yearNew contract, September 2023: AED 48,000 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 49, and where 503 sits

All 28 1-beds →

503 last sold in November 2024 at AED 1,017 per sqft, 25% above what one-beds in Al Thamam 49 were fetching at the time (AED 811). Over the last 12 months one-beds sold for AED 630,000 to 750,000, around AED 956 per sqft, and rent for AED 55,000 to 65,000 a year. 503's AED 48,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jan 2026750,000
21 Jul 2025580,000
1 Jul 2025760,000
18 Jun 2025660,000
2 1-bed sales in the last 12 months

Al Thamam 49

Building

62 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.

Typical price per sqft
AED 965
Typical sale
AED 630K
Typical rent
AED 63K /yr
Typical yield
6.4%
Al Thamam 49, Remraam: prices, sales and rents →

Other units on the 5th floor

All 62 units in Al Thamam 49
Value
5011-bedAED 333K · Sep 2021
5021-bedAED 796K · Apr 2014
5042-bedAED 720K · Mar 2019
5052-bedAED 850K · May 2024
5061-bedAED 660K · Oct 2024
5071-bedAED 713K · Aug 2013
5081-bedAED 440K · Oct 2023
1–7 of 8

503, Al Thamam 49 in numbers

  • Sold 4 times: first on 21 April 2009 for AED 723,294, last on 8 November 2024 for AED 790,000 (AED 1,017 per sqft).
  • Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 35,000 in 2021 and recovered to AED 48,000 by September 2023.
  • At AED 48,000 a year the gross yield on the 2024 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 49 sold for AED 630,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 965 per sqft.

Source: Dubai Land Department. Updated 8 November 2024.

Questions about 503, Al Thamam 49

What did unit 503 last sell for?

AED 790,000 on 8 November 2024: AED 1,017 per sqft for 777 sqft. The unit has 4 registered sales; the first was AED 723,294 in April 2009.

What is the rent for unit 503?

AED 48,000 a year on the contract signed on 5 September 2023. The previous contract, from February 2021, was AED 35,000; the unit has been rented since November 2014.

How big is unit 503?

777 sqft (72.2 sqm): a one-bedroom apartment on the 5th floor of a 7-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. One-beds in Al Thamam 49 sold for AED 630,000 to 750,000 in the last 12 months, around AED 956 per sqft.

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Mortgage on 503, Al Thamam 49

Starts from the last sale price (AED 790K, 8 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

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