2-bed · 1,109 sqftAl Thamam 03, Remraam · 5th floor · completed 2011

504, Al Thamam 03

Sold prices and rental history: sold twice, last in April 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 8 April 2021
Last soldAED 600K8 April 2021
Current rentAED 57K /yr10 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Al Thamam 03

What is 504 worth today?

Last sold for AED 600,000 in 2021

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8 Apr 2021SoldReady
AED 600,000AED 541 per sqft
10 Jan 2020RentedNew contract
AED 57,000/yr12 months · AED 51 per sqft
23 Nov 2018RentedNew contract
AED 68,000/yr12 months · AED 61 per sqft
26 May 2017RentedNew contract
AED 82,000/yr12 months · AED 74 per sqft
4 Sep 2016Sold by developerReady
AED 1,329,870AED 1,199 per sqft
26 May 2016RentedNew contract
AED 82,000/yr12 months · AED 74 per sqft
26 May 2015RentedNew contract
AED 82,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 8 April 2021.

Key facts

Type
2-bed apartment
Size
1,109 sqft
Floor
5th of 5
Parking
G-69
Developer
Remraam
Completed
2011
Service charge
AED 17,800 /yr
Last sold
AED 600K · April 2021
Building
Al Thamam 03

About 504, Al Thamam 03

504 is a two-bedroom apartment of 1,109 sqft on the 5th floor of Al Thamam 03, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 8 April 2021 for AED 600,000, or AED 541 per sqft.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 10 January 2020, is AED 57,000 a year: a gross yield of 9.5% on the 2021 price, before the service charge of about AED 17,800 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Al Thamam 03
500K1M20092013201720212025Typical sale price by year: 2009 AED 982,957; 2013 AED 1,035,517; 2014 AED 907,170; 2016 AED 1,189,935; 2024 AED 950,000Sold by developer, September 2016: AED 1,329,870 (AED 1,199 per sqft)Sold, April 2021: AED 600,000 (AED 541 per sqft)

504 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 504, each contractTypical two-bed in Al Thamam 03
50K75K100K2013201720212025Typical rent by year: 2013 AED 65,000; 2014 AED 69,223; 2015 AED 73,500; 2016 AED 82,000; 2017 AED 75,000; 2018 AED 72,563; 2019 AED 62,000; 2020 AED 54,000; 2021 AED 48,000; 2022 AED 54,500; 2023 AED 59,950; 2024 AED 63,253; 2025 AED 76,660; 2026 AED 95,000New contract, May 2015: AED 82,000 a yearNew contract, May 2016: AED 82,000 a yearNew contract, May 2017: AED 82,000 a yearNew contract, November 2018: AED 68,000 a yearNew contract, January 2020: AED 57,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Al Thamam 03, and where 504 sits

All 15 2-beds →

504's AED 57,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jul 2025950,000
5 May 2025950,000
5 Dec 2024975,000
9 Aug 2024860,000
0 2-bed sales in the last 12 months

Al Thamam 03

Building

46 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.

Typical price per sqft
AED 943
Typical sale
AED 718K
Typical rent
AED 59K /yr
Typical yield
8.2%
Al Thamam 03, Remraam: prices, sales and rents →

Other units on the 5th floor

All 46 units in Al Thamam 03
Value
5011-bedAED 525K · May 2024
5021-bedAED 730K · May 2025
5031-bedAED 450K · Oct 2022
5061-bedAED 450K · Mar 2023
5071-bedAED 540K · Sep 2023
5081-bedAED 525K · May 2024
509StudioAED 460K · Jun 2016

504, Al Thamam 03 in numbers

  • Sold twice: first on 4 September 2016 for AED 1,329,870, last on 8 April 2021 for AED 600,000 (AED 541 per sqft).
  • Rented since May 2015 on 5 Ejari contracts, from AED 82,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2021 price is 9.5%, before a service charge of about AED 17,800 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 8 April 2021.

Questions about 504, Al Thamam 03

What did unit 504 last sell for?

AED 600,000 on 8 April 2021: AED 541 per sqft for 1,109 sqft. The unit has 2 registered sales; the first was AED 1,329,870 in September 2016.

What is the rent for unit 504?

AED 57,000 a year on the contract signed on 10 January 2020. The previous contract, from November 2018, was AED 68,000; the unit has been rented since May 2015.

How big is unit 504?

1,109 sqft (103.0 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.

What is unit 504 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 504, Al Thamam 03

Starts from the last sale price (AED 600K, 8 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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