Shuaib check the local news paper
gulf news Prices being asked for 1 bedroom are now as high as 62,000 AED with many advertised at 60,000 AED and most 55,000 and above.
Your property at 50,000 AED rent will get snapped up. I would suggest a higher rent than 50K as you will be unable to increase your rent for 2 years due to the rent law that has been recently ratified here.