503, Al Thamam 53
Sold prices and rental history: sold 3 times, last in February 2024, 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 53
What is 503 worth today?
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Source: Dubai Land Department. Updated 1 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 755 sqft
- Floor
- 5th of 6
- Parking
- G-89
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,100 /yr
- Last sold
- AED 535K · February 2024
- Building
- Al Thamam 53
About 503, Al Thamam 53
503 is a one-bedroom apartment of 755 sqft on the 5th floor of Al Thamam 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 13 February 2024 for AED 535,000, or AED 708 per sqft, 6% above the AED 665 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 December 2024, is AED 52,000 a year: a gross yield of 9.7% on the 2024 price, before the service charge of about AED 12,100 a year.
Sales and rents for 503 over time
503 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 53, and where 503 sits
All 21 1-beds →503 last sold in February 2024 at AED 708 per sqft, 6% above what one-beds in Al Thamam 53 were fetching at the time (AED 665). Over the last 12 months one-beds sold for AED 610,000 to 720,000, around AED 933 per sqft, and rent for AED 36,000 to 66,000 a year. 503's AED 52,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Feb 20262 February 2026 | 755 sqft | 720,000 | 953 | ||
| 15 Jan 202615 January 2026 | 668 sqft | 610,000 | 913 | ||
| 18 Jul 202518 July 2025 | 669 sqft | 610,000 | 912 | ||
| 24 Jul 202424 July 2024 | 1,157 sqft | 710,000 | 613 |
Al Thamam 53
Building56 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 3 sold in the last 12 months.
- Typical price per sqft
- AED 915
- Typical sale
- AED 720K
- Typical rent
- AED 57K /yr
- Typical yield
- 8.1%
Other units on the 5th floor
All 56 units in Al Thamam 53| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 669 sqft | AED 445KAED 444,800 · Aug 2023August 2023 | 50,000 /yr | |
| 502 | 1-bed | 755 sqft | AED 720KAED 720,000 · Feb 2026February 2026 | 58,000 /yr | |
| 504 | 2-bed | 1,009 sqft | AED 525KAED 525,000 · Aug 2022August 2022 | 58,080 /yr | |
| 505 | 2-bed | 1,009 sqft | AED 550KAED 550,000 · Dec 2020December 2020 | 85,000 /yr | |
| 506 | 1-bed | 755 sqft | AED 800KAED 800,000 · Aug 2014August 2014 | ||
| 507 | 1-bed | 755 sqft | AED 410KAED 410,000 · Apr 2023April 2023 | 56,000 /yr | |
| 508 | 1-bed | 668 sqft | AED 511KAED 510,811 · Aug 2013August 2013 | 60,000 /yr | |
| 509 | Studio | 401 sqft | AED 445KAED 444,600 · Jun 2024June 2024 | 30,025 /yr |
503, Al Thamam 53 in numbers
- Sold 3 times: first on 21 April 2009 for AED 723,294, last on 13 February 2024 for AED 535,000 (AED 708 per sqft).
- Rented since August 2013 on 8 Ejari contracts. The rent fell from AED 45,000 to AED 32,000 in 2021 and recovered to AED 52,000 by December 2024.
- At AED 52,000 a year the gross yield on the 2024 price is 9.7%, before a service charge of about AED 12,100 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 53 sold for AED 610,000–720,000 in the 12 months to November 2026; the building's median across all types is AED 915 per sqft.
Source: Dubai Land Department. Updated 1 December 2024.
Questions about 503, Al Thamam 53
What did unit 503 last sell for?
AED 535,000 on 13 February 2024: AED 708 per sqft for 755 sqft. The unit has 3 registered sales; the first was AED 723,294 in April 2009.
What is the rent for unit 503?
AED 52,000 a year on the contract signed on 1 December 2024. The previous contract, from December 2023, was AED 39,100; the unit has been rented since August 2013.
How big is unit 503?
755 sqft (70.1 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. One-beds in Al Thamam 53 sold for AED 610,000 to 720,000 in the last 12 months, around AED 933 per sqft.
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Mortgage on 503, Al Thamam 53
Starts from the last sale price (AED 535K, 13 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 535,000
- Deposit, UAE resident (20%)
- AED 107,000
- Deposit, non-resident (40%)
- AED 214,000
- Monthly over 25 years at 3.7%
- AED 2,189
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →