507, Al Thamam 03
Sold prices and rental history: sold 3 times, last in September 2023, 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 507, Al Thamam 03
What is 507 worth today?
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Source: Dubai Land Department. Updated 21 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 777 sqft
- Floor
- 5th of 5
- Parking
- G-72
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,500 /yr
- Last sold
- AED 540K · September 2023
- Building
- Al Thamam 03
About 507, Al Thamam 03
507 is a one-bedroom apartment of 777 sqft on the 5th floor of Al Thamam 03, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 21 September 2023 for AED 540,000, or AED 695 per sqft, 20% above the AED 579 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 August 2021, is AED 30,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 12,500 a year.
Sales and rents for 507 over time
507 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 03, and where 507 sits
All 22 1-beds →507 last sold in September 2023 at AED 695 per sqft, 20% above what one-beds in Al Thamam 03 were fetching at the time (AED 579). Over the last 12 months one-beds sold for AED 675,000 to 995,000, around AED 979 per sqft, and rent for AED 45,000 to 66,000 a year. 507's AED 30,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Mar 202627 March 2026 | 1,159 sqft | 995,000 | 858 | ||
| 9 Mar 20269 March 2026 | 665 sqft | 760,000 | 1,142 | ||
| 27 Jan 202627 January 2026 | 689 sqft | 675,000 | 979 | ||
| 10 Sep 202510 September 2025 | 758 sqft | 735,000 | 969 |
Al Thamam 03
Building46 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%
Other units on the 5th floor
All 46 units in Al Thamam 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 525KAED 525,000 · May 2024May 2024 | 44,000 /yr | |
| 502 | 1-bed | 777 sqft | AED 730KAED 730,000 · May 2025May 2025 | 63,000 /yr | |
| 503 | 1-bed | 777 sqft | AED 450KAED 450,000 · Oct 2022October 2022 | 65,000 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 600KAED 600,000 · Apr 2021April 2021 | 57,000 /yr | |
| 506 | 1-bed | 777 sqft | AED 450KAED 450,000 · Mar 2023March 2023 | 39,100 /yr | |
| 508 | 1-bed | 665 sqft | AED 525KAED 525,000 · May 2024May 2024 | 50,000 /yr | |
| 509 | Studio | 468 sqft | AED 460KAED 460,000 · Jun 2016June 2016 | 33,000 /yr |
507, Al Thamam 03 in numbers
- Sold 3 times: first on 8 April 2009 for AED 689,762, last on 21 September 2023 for AED 540,000 (AED 695 per sqft).
- Rented since May 2013 on 7 Ejari contracts, from AED 41,000 to AED 30,000 a year.
- At AED 30,000 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 12,500 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 03 sold for AED 675,000–995,000 in the 12 months to November 2026; the building's median across all types is AED 943 per sqft.
Source: Dubai Land Department. Updated 21 September 2023.
Questions about 507, Al Thamam 03
What did unit 507 last sell for?
AED 540,000 on 21 September 2023: AED 695 per sqft for 777 sqft. The unit has 3 registered sales; the first was AED 689,762 in April 2009.
What is the rent for unit 507?
AED 30,000 a year on the contract signed on 1 August 2021. The previous contract, from June 2020, was AED 38,000; the unit has been rented since May 2013.
How big is unit 507?
777 sqft (72.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.
What is unit 507 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 03 sold for AED 675,000 to 995,000 in the last 12 months, around AED 979 per sqft.
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Mortgage on 507, Al Thamam 03
Starts from the last sale price (AED 540K, 21 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 540,000
- Deposit, UAE resident (20%)
- AED 108,000
- Deposit, non-resident (40%)
- AED 216,000
- Monthly over 25 years at 3.7%
- AED 2,209
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →