503, Al Thamam 61
Sold prices and rental history: sold 4 times, last in May 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 61
What is 503 worth today?
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Source: Dubai Land Department. Updated 20 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 777 sqft
- Floor
- 5th of 5
- Parking
- G-93
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,500 /yr
- Last sold
- AED 535K · May 2024
- Building
- Al Thamam 61
About 503, Al Thamam 61
503 is a one-bedroom apartment of 777 sqft on the 5th floor of Al Thamam 61, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 24 May 2024 for AED 535,000, or AED 688 per sqft, in line with the AED 674 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 20 October 2024, is AED 60,000 a year: a gross yield of 11.2% on the 2024 price, before the service charge of about AED 12,500 a year.
Sales and rents for 503 over time
503 has sold 4 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 61, and where 503 sits
All 21 1-beds →503 last sold in May 2024 at AED 688 per sqft, in line with what one-beds in Al Thamam 61 were fetching at the time (AED 674). Over the last 12 months one-beds sold for AED 655,000, around AED 984 per sqft, and rent for AED 45,738 to 70,000 a year. 503's AED 60,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Feb 20263 February 2026 | 665 sqft | 655,000 | 984 | ||
| 10 Sep 202510 September 2025 | 1,158 sqft | 780,000 | 673 | ||
| 16 Jul 202516 July 2025 | 689 sqft | 650,000 | 943 | ||
| 3 Apr 20253 April 2025 | 1,160 sqft | 775,000 | 668 |
Al Thamam 61
Building47 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 1,027
- Typical sale
- AED 865K
- Typical rent
- AED 64K /yr
- Typical yield
- 6.8%
Other units on the 5th floor
All 47 units in Al Thamam 61| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 665 sqft | AED 375KAED 375,000 · Sep 2016September 2016 | ||
| 502 | 1-bed | 777 sqft | AED 775KAED 775,000 · Feb 2014February 2014 | 55,000 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 942KAED 941,979 · Jun 2025June 2025 | 95,000 /yr | |
| 505 | 2-bed | 1,109 sqft | AED 905KAED 905,000 · Sep 2016September 2016 | 62,000 /yr | |
| 506 | 1-bed | 777 sqft | AED 723KAED 723,294 · Jul 2012July 2012 | 46,200 /yr | |
| 507 | 1-bed | 777 sqft | AED 723KAED 723,290 · Jun 2013June 2013 | 49,723 /yr | |
| 508 | 1-bed | 689 sqft | AED 526KAED 526,082 · Sep 2013September 2013 | 46,000 /yr | |
| 509 | Studio | 468 sqft | AED 376KAED 375,869 · Mar 2013March 2013 | 36,000 /yr |
503, Al Thamam 61 in numbers
- Sold 4 times: first on 21 April 2009 for AED 723,294, last on 24 May 2024 for AED 535,000 (AED 688 per sqft).
- Rented since October 2014 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 33,000 in 2021 and recovered to AED 60,000 by October 2024.
- At AED 60,000 a year the gross yield on the 2024 price is 11.2%, before a service charge of about AED 12,500 a year (AED 16.07 per sqft).
- One-beds in Al Thamam 61 sold for AED 655,000–655,000 in the 12 months to November 2026; the building's median across all types is AED 1,027 per sqft.
Source: Dubai Land Department. Updated 20 October 2024.
Questions about 503, Al Thamam 61
What did unit 503 last sell for?
AED 535,000 on 24 May 2024: AED 688 per sqft for 777 sqft. The unit has 4 registered sales; the first was AED 723,294 in April 2009.
What is the rent for unit 503?
AED 60,000 a year on the contract signed on 20 October 2024. The previous contract, from October 2021, was AED 33,000; the unit has been rented since October 2014.
How big is unit 503?
777 sqft (72.2 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. One-beds in Al Thamam 61 sold for AED 655,000 to 655,000 in the last 12 months, around AED 984 per sqft.
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Mortgage on 503, Al Thamam 61
Starts from the last sale price (AED 535K, 24 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 535,000
- Deposit, UAE resident (20%)
- AED 107,000
- Deposit, non-resident (40%)
- AED 214,000
- Monthly over 25 years at 3.7%
- AED 2,189
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →