508, Al Thamam 03
Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Al Thamam 03
What is 508 worth today?
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Source: Dubai Land Department. Updated 5 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 665 sqft
- Floor
- 5th of 5
- Parking
- G-73
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,700 /yr
- Last sold
- AED 525K · May 2024
- Building
- Al Thamam 03
About 508, Al Thamam 03
508 is a one-bedroom apartment of 665 sqft on the 5th floor of Al Thamam 03, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 1 May 2024 for AED 525,000, or AED 789 per sqft, 6% above the AED 742 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 5 August 2026, is AED 50,000 a year: a gross yield of 9.5% on the 2024 price, before the service charge of about AED 10,700 a year.
Sales and rents for 508 over time
508 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 508 sits
All 22 1-beds →508 last sold in May 2024 at AED 789 per sqft, 6% above what one-beds in Al Thamam 03 were fetching at the time (AED 742). 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. 508's AED 50,000 is in the lower half 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 | |
| 507 | 1-bed | 777 sqft | AED 540KAED 540,000 · Sep 2023September 2023 | 30,000 /yr | |
| 509 | Studio | 468 sqft | AED 460KAED 460,000 · Jun 2016June 2016 | 33,000 /yr |
508, Al Thamam 03 in numbers
- Sold 3 times: first on 18 May 2015 for AED 765,795, last on 1 May 2024 for AED 525,000 (AED 789 per sqft).
- Rented since March 2017 on 9 Ejari contracts. The rent fell from AED 54,000 to AED 28,000 in 2020 and recovered to AED 50,000 by August 2026.
- At AED 50,000 a year the gross yield on the 2024 price is 9.5%, before a service charge of about AED 10,700 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 5 August 2026.
Questions about 508, Al Thamam 03
What did unit 508 last sell for?
AED 525,000 on 1 May 2024: AED 789 per sqft for 665 sqft. The unit has 3 registered sales; the first was AED 765,795 in May 2015.
What is the rent for unit 508?
AED 50,000 a year on the contract signed on 5 August 2026. The previous contract, from July 2025, was AED 50,000; the unit has been rented since March 2017.
How big is unit 508?
665 sqft (61.8 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.
What is unit 508 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 508, Al Thamam 03
Starts from the last sale price (AED 525K, 1 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 525,000
- Deposit, UAE resident (20%)
- AED 105,000
- Deposit, non-resident (40%)
- AED 210,000
- Monthly over 25 years at 3.7%
- AED 2,148
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →