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1-bed · 783 sqftAl Thamam 18, Remraam · 5th floor · completed 2011

503, Al Thamam 18

Sold prices and rental history: sold once, by the developer in February 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 2 September 2024
Last soldAED 776K18 February 2014
Current rentAED 44K /yr2 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, Al Thamam 18

What is 503 worth today?

Last sold for AED 775,720 in 2014

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2 Sep 2024RentedRenewal
AED 44,000/yr12 months · AED 56 per sqft
2 Sep 2022RentedNew contract
AED 40,000/yr12 months · AED 51 per sqft
1 Sep 2021RentedNew contract
AED 33,000/yr12 months · AED 42 per sqft
4 Sep 2020RentedRenewal
AED 41,000/yr12 months · AED 52 per sqft
4 Sep 2019RentedRenewal
AED 45,000/yr12 months · AED 57 per sqft
4 Sep 2018RentedRenewal
AED 47,000/yr12 months · AED 60 per sqft
4 Sep 2017RentedRenewal
AED 55,000/yr12 months · AED 70 per sqft
4 Sep 2016RentedNew contract
AED 55,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 2 September 2024.

Key facts

Type
1-bed apartment
Size
783 sqft
Floor
5th of 5
Parking
G-101
Developer
Remraam
Completed
2011
Service charge
AED 12,600 /yr
Last sold
AED 776K · February 2014
Building
Al Thamam 18

About 503, Al Thamam 18

503 is a one-bedroom apartment of 783 sqft on the 5th floor of Al Thamam 18, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 18 February 2014 for AED 775,720, or AED 991 per sqft, 29% above the AED 766 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 2 September 2024, is AED 44,000 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 12,600 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Al Thamam 18
400K600K800K2009201320172021Typical sale price by year: 2009 AED 625,909; 2013 AED 596,400; 2014 AED 539,230; 2015 AED 542,748; 2023 AED 410,000Sold by developer, February 2014: AED 775,720 (AED 991 per sqft)

503 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 503, each contractTypical one-bed in Al Thamam 18
40K60K2013201720212025Typical rent by year: 2013 AED 45,000; 2014 AED 55,000; 2015 AED 56,000; 2016 AED 60,000; 2017 AED 57,500; 2018 AED 48,300; 2019 AED 45,000; 2020 AED 35,000; 2021 AED 33,000; 2022 AED 36,000; 2023 AED 40,000; 2024 AED 47,250; 2025 AED 54,000; 2026 AED 57,000New contract, July 2014: AED 55,000 a yearNew contract, September 2016: AED 55,000 a yearRenewal, September 2017: AED 55,000 a yearRenewal, September 2018: AED 47,000 a yearRenewal, September 2019: AED 45,000 a yearRenewal, September 2020: AED 41,000 a yearNew contract, September 2021: AED 33,000 a yearNew contract, September 2022: AED 40,000 a yearRenewal, September 2024: AED 44,000 a year

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 18, and where 503 sits

All 24 1-beds →

503 last sold in February 2014 at AED 991 per sqft, 29% above what one-beds in Al Thamam 18 were fetching at the time (AED 766). 503's AED 44,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 2025700,000
6 Nov 2024540,000
25 Apr 2024490,000
13 Dec 2023495,000
0 1-bed sales in the last 12 months

Al Thamam 18

Building

58 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 961
Typical sale
AED 1.18M
Typical rent
AED 52K /yr
Typical yield
7.3%
Al Thamam 18, Remraam: prices, sales and rents →

Other units on the 5th floor

All 58 units in Al Thamam 18
Value
501StudioAED 350K · Jun 2023
5021-bedAED 660K · Apr 2018
5042-bedAED 575K · Jul 2021
5051-bedAED 730K · Apr 2014
5061-bedAED 635K · Jan 2016
5072-bedAED 950K · Jun 2025
5081-bedAED 700K · Feb 2025
1–7 of 10

503, Al Thamam 18 in numbers

  • Sold once: by Remraam on 18 February 2014 for AED 775,720, or AED 991 per sqft.
  • Rented since July 2014 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 33,000 in 2021 and recovered to AED 44,000 by September 2024.
  • At AED 44,000 a year the gross yield on the 2014 price is 5.7%, before a service charge of about AED 12,600 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 2 September 2024.

Questions about 503, Al Thamam 18

What did unit 503 last sell for?

AED 775,720 on 18 February 2014, sold by the developer: AED 991 per sqft for 783 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 44,000 a year on the contract renewed on 2 September 2024. The previous contract, from September 2022, was AED 40,000; the unit has been rented since July 2014.

How big is unit 503?

783 sqft (72.7 sqm): a one-bedroom apartment on the 5th floor of a 5-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.

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Mortgage on 503, Al Thamam 18

Starts from the last sale price (AED 776K, 18 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 775,720
Deposit, UAE resident (20%)
AED 155,144
Deposit, non-resident (40%)
AED 310,288
Monthly over 25 years at 3.7%
AED 3,174

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