504, Al Thamam 53
Sold prices and rental history: sold 3 times, last in August 2022, 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 504, Al Thamam 53
What is 504 worth today?
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Source: Dubai Land Department. Updated 25 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,009 sqft
- Floor
- 5th of 6
- Parking
- G-90
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 16,200 /yr
- Last sold
- AED 525K · August 2022
- Building
- Al Thamam 53
About 504, Al Thamam 53
504 is a two-bedroom apartment of 1,009 sqft on the 5th floor of Al Thamam 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 15 August 2022 for AED 525,000, or AED 520 per sqft, 9% above the AED 479 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 25 November 2024, is AED 58,080 a year: a gross yield of 11.1% on the 2022 price, before the service charge of about AED 16,200 a year.
Sales and rents for 504 over time
504 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 53, and where 504 sits
All 22 2-beds →504 last sold in August 2022 at AED 520 per sqft, 9% above what two-beds in Al Thamam 53 were fetching at the time (AED 479). Over the last 12 months two-beds sold for AED 1,060,000 to 1,375,000, around AED 934 per sqft, and rent for AED 36,000 to 95,000 a year. 504's AED 58,080 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Mar 202610 March 2026 | 1,113 sqft | 1,060,000 | 952 | ||
| 30 Jan 202630 January 2026 | 1,501 sqft | 1,375,000 | 915 | ||
| 22 Sep 202522 September 2025 | 1,009 sqft | 823,120 | 815 | ||
| 12 Sep 202512 September 2025 | 1,009 sqft | 950,000 | 941 |
Al Thamam 53
Building56 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 7 sold in the last 12 months.
- Typical price per sqft
- AED 952
- Typical sale
- AED 740K
- Typical rent
- AED 57K /yr
- Typical yield
- 7.7%
Other units on the 5th floor
All 56 units in Al Thamam 53| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 669 sqft | AED 445KAED 444,800 · Aug 2023August 2023 | 50,000 /yr | |
| 502 | 1-bed | 755 sqft | AED 720KAED 720,000 · Feb 2026February 2026 | 50,000 /yr | |
| 503 | 1-bed | 755 sqft | AED 740KAED 740,000 · Apr 2026April 2026 | 44,000 /yr | |
| 505 | 2-bed | 1,009 sqft | AED 550KAED 550,000 · Dec 2020December 2020 | 85,000 /yr | |
| 506 | 1-bed | 755 sqft | AED 720KAED 720,000 · Sep 2026September 2026 | ||
| 507 | 1-bed | 755 sqft | AED 410KAED 410,000 · Apr 2023April 2023 | 60,000 /yr | |
| 508 | 1-bed | 668 sqft | AED 511KAED 510,811 · Aug 2013August 2013 | 60,000 /yr | |
| 509 | Studio | 401 sqft | AED 445KAED 444,600 · Jun 2024June 2024 | 30,025 /yr |
504, Al Thamam 53 in numbers
- Sold 3 times: first on 15 June 2009 for AED 469,613, last on 15 August 2022 for AED 525,000 (AED 520 per sqft).
- Rented since May 2014 on 10 Ejari contracts. The rent fell from AED 70,000 to AED 40,000 in 2021 and recovered to AED 58,080 by November 2024.
- At AED 58,080 a year the gross yield on the 2022 price is 11.1%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).
- Two-beds in Al Thamam 53 sold for AED 1,060,000–1,375,000 in the 12 months to November 2026; the building's median across all types is AED 952 per sqft.
Source: Dubai Land Department. Updated 25 November 2024.
Questions about 504, Al Thamam 53
What did unit 504 last sell for?
AED 525,000 on 15 August 2022: AED 520 per sqft for 1,009 sqft. The unit has 3 registered sales; the first was AED 469,613 in June 2009.
What is the rent for unit 504?
AED 58,080 a year on the contract renewed on 25 November 2024. The previous contract, from November 2023, was AED 52,800; the unit has been rented since May 2014.
How big is unit 504?
1,009 sqft (93.7 sqm): a two-bedroom apartment on the 5th floor of a 6-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. Two-beds in Al Thamam 53 sold for AED 1,060,000 to 1,375,000 in the last 12 months, around AED 934 per sqft.
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Mortgage on 504, Al Thamam 53
Starts from the last sale price (AED 525K, 15 August 2022). 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 →