503, Al Thamam 08
Sold prices and rental history: sold twice, 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.
Property timeline for 503, Al Thamam 08
What is 503 worth today?
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Source: Dubai Land Department. Updated 20 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 783 sqft
- Floor
- 5th of 6
- Parking
- G-126
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,600 /yr
- Last sold
- AED 650K · November 2024
- Building
- Al Thamam 08
About 503, Al Thamam 08
503 is a one-bedroom apartment of 783 sqft on the 5th floor of Al Thamam 08, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 7 November 2024 for AED 650,000, or AED 830 per sqft, 12% above the AED 742 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 20 January 2025, is AED 70,000 a year: a gross yield of 10.8% on the 2024 price, before the service charge of about AED 12,600 a year.
Sales and rents for 503 over time
503 has sold twice; 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 08, and where 503 sits
All 26 1-beds →503 last sold in November 2024 at AED 830 per sqft, 12% above what one-beds in Al Thamam 08 were fetching at the time (AED 742). Over the last 12 months one-beds sold for AED 620,000 to 775,000, around AED 968 per sqft, and rent for AED 45,726 to 75,000 a year. 503's AED 70,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 787 sqft | 775,000 | 985 | ||
| 13 Apr 202613 April 2026 | 675 sqft | 655,000 | 970 | ||
| 16 Mar 202616 March 2026 | 787 sqft | 760,000 | 966 | ||
| 29 Dec 202529 December 2025 | 670 sqft | 620,000 | 925 |
Al Thamam 08
Building71 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.
- Typical price per sqft
- AED 968
- Typical sale
- AED 708K
- Typical rent
- AED 50K /yr
- Typical yield
- 7.3%
Other units on the 5th floor
All 71 units in Al Thamam 08| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 494 sqft | AED 525KAED 525,000 · Nov 2025November 2025 | 48,000 /yr | |
| 502 | 1-bed | 787 sqft | AED 775KAED 775,000 · May 2015May 2015 | 60,000 /yr | |
| 504 | 2-bed | 997 sqft | AED 825KAED 825,000 · Oct 2024October 2024 | 62,139 /yr | |
| 505 | 1-bed | 675 sqft | AED 390KAED 390,000 · Sep 2022September 2022 | 28,000 /yr | |
| 506 | 1-bed | 675 sqft | AED 655KAED 655,000 · Apr 2026April 2026 | 43,200 /yr | |
| 507 | 2-bed | 997 sqft | AED 900KAED 900,000 · Nov 2025November 2025 | 59,839 /yr | |
| 508 | 1-bed | 783 sqft | AED 806KAED 805,500 · Apr 2016April 2016 | 38,000 /yr | |
| 509 | 1-bed | 787 sqft | AED 760KAED 760,000 · Mar 2026March 2026 | 41,047 /yr | |
| 510 | Studio | 494 sqft | AED 475KAED 475,000 · Dec 2015December 2015 | 50,000 /yr | |
| 511 | Studio | 405 sqft | AED 320KAED 320,000 · Sep 2023September 2023 | 35,200 /yr |
503, Al Thamam 08 in numbers
- Sold twice: first on 1 September 2013 for AED 302,408, last on 7 November 2024 for AED 650,000 (AED 830 per sqft).
- Rented since May 2014 on 8 Ejari contracts. The rent fell from AED 56,500 to AED 35,000 in 2020 and recovered to AED 70,000 by January 2025.
- At AED 70,000 a year the gross yield on the 2024 price is 10.8%, before a service charge of about AED 12,600 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 08 sold for AED 620,000–775,000 in the 12 months to November 2026; the building's median across all types is AED 968 per sqft.
Source: Dubai Land Department. Updated 20 January 2025.
Questions about 503, Al Thamam 08
What did unit 503 last sell for?
AED 650,000 on 7 November 2024: AED 830 per sqft for 783 sqft. The unit has 2 registered sales; the first was AED 302,408 in September 2013.
What is the rent for unit 503?
AED 70,000 a year on the contract signed on 20 January 2025. The previous contract, from January 2025, was AED 70,000; the unit has been rented since May 2014.
How big is unit 503?
783 sqft (72.7 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 08 sold for AED 620,000 to 775,000 in the last 12 months, around AED 968 per sqft.
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Mortgage on 503, Al Thamam 08
Starts from the last sale price (AED 650K, 7 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →