Studio · 405 sqftAl Thamam 08, Remraam · 5th floor · completed 2011

511, Al Thamam 08

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 320K27 September 2023
Current rentAED 35K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Al Thamam 08

What is 511 worth today?

Last sold for AED 320,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Oct 2024RentedRenewal
AED 35,200/yr12 months · AED 86 per sqft
25 Oct 2023RentedNew contract
AED 32,000/yr12 months · AED 78 per sqft
27 Sep 2023SoldReady
AED 320,000AED 789 per sqft
21 Oct 2022RentedNew contract
AED 27,000/yr12 months · AED 66 per sqft
10 Nov 2016SoldReady
AED 420,000AED 1,036 per sqft
30 Jun 2015Sold by developerReady
AED 382,030AED 942 per sqft
1 Mar 2014RentedNew contract
AED 41,500/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
5th of 6
Parking
G-118
Developer
Remraam
Completed
2011
Service charge
AED 6,500 /yr
Last sold
AED 320K · September 2023
Building
Al Thamam 08

About 511, Al Thamam 08

511 is a studio of 405 sqft on the 5th floor of Al Thamam 08, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 27 September 2023 for AED 320,000, or AED 789 per sqft.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 25 October 2024, is AED 35,200 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 6,500 a year.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical studio in Al Thamam 08
300K400K500K20092013201720212025Typical sale price by year: 2009 AED 369,237; 2013 AED 392,200; 2014 AED 359,966; 2015 AED 475,000; 2016 AED 420,000; 2024 AED 385,000Sold by developer, June 2015: AED 382,030 (AED 942 per sqft)Sold, November 2016: AED 420,000 (AED 1,036 per sqft)Sold, September 2023: AED 320,000 (AED 789 per sqft)

511 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 511, each contractTypical studio in Al Thamam 08
20K30K40K2014201820222026Typical rent by year: 2014 AED 40,000; 2015 AED 43,000; 2016 AED 45,000; 2017 AED 42,000; 2018 AED 38,000; 2019 AED 30,000; 2020 AED 24,500; 2021 AED 23,250; 2022 AED 27,000; 2023 AED 30,000; 2024 AED 33,000; 2025 AED 35,325; 2026 AED 36,000New contract, March 2014: AED 41,500 a yearNew contract, October 2022: AED 27,000 a yearNew contract, October 2023: AED 32,000 a yearRenewal, October 2024: AED 35,200 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Al Thamam 08, and where 511 sits

All 17 studios →

511's AED 35,200 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Nov 2025525,000
30 Dec 2024455,000
19 Dec 2024370,000
14 Aug 2024400,000
0 studio sales in the last 12 months

Al Thamam 08

Building

71 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%
Al Thamam 08, Remraam: prices, sales and rents →

Other units on the 5th floor

All 71 units in Al Thamam 08
Value
501StudioAED 525K · Nov 2025
5021-bedAED 775K · May 2015
5031-bedAED 650K · Nov 2024
5042-bedAED 825K · Oct 2024
5051-bedAED 390K · Sep 2022
5061-bedAED 655K · Apr 2026
5072-bedAED 900K · Nov 2025
1–7 of 10

511, Al Thamam 08 in numbers

  • Sold 3 times: first on 30 June 2015 for AED 382,030, last on 27 September 2023 for AED 320,000 (AED 789 per sqft).
  • Rented since March 2014 on 4 Ejari contracts. The rent fell from AED 41,500 to AED 27,000 in 2022 and recovered to AED 35,200 by October 2024.
  • At AED 35,200 a year the gross yield on the 2023 price is 11.0%, before a service charge of about AED 6,500 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 25 October 2024.

Questions about 511, Al Thamam 08

What did unit 511 last sell for?

AED 320,000 on 27 September 2023: AED 789 per sqft for 405 sqft. The unit has 3 registered sales; the first was AED 382,030 in June 2015.

What is the rent for unit 511?

AED 35,200 a year on the contract renewed on 25 October 2024. The previous contract, from October 2023, was AED 32,000; the unit has been rented since March 2014.

How big is unit 511?

405 sqft (37.6 sqm): a studio on the 5th floor of a 6-storey tower completed in 2011.

What is unit 511 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 511? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 511, Al Thamam 08

Starts from the last sale price (AED 320K, 27 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

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