Studio · 387 sqftAl Thamam 11, Remraam · 6th floor · completed 2011

609, Al Thamam 11

Sold prices and rental history: sold once, by the developer in December 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 25 January 2024
Last soldAED 178K29 December 2015
Current rentAED 36K /yr25 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Al Thamam 11

What is 609 worth today?

Last sold for AED 177,720 in 2015

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25 Jan 2024RentedNew contract
AED 36,000/yr12 months · AED 93 per sqft
20 Dec 2022RentedNew contract
AED 26,000/yr12 months · AED 67 per sqft
28 Sep 2022RentedNew contract
AED 25,000/yr12 months · AED 65 per sqft
30 Aug 2020RentedNew contract
AED 22,000/yr12 months · AED 57 per sqft
24 Mar 2018RentedRenewal
AED 44,000/yr12 months · AED 114 per sqft
24 Mar 2017RentedNew contract
AED 48,000/yr12 months · AED 124 per sqft
29 Dec 2015Sold by developerReady
AED 177,720AED 459 per sqft

Source: Dubai Land Department. Updated 25 January 2024.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
6th of 7
Parking
G-101
Developer
Remraam
Completed
2011
Service charge
AED 6,200 /yr
Last sold
AED 178K · December 2015
Building
Al Thamam 11

About 609, Al Thamam 11

609 is a studio of 387 sqft on the 6th floor of Al Thamam 11, a 7-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 29 December 2015 for AED 177,720, or AED 459 per sqft.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 25 January 2024, is AED 36,000 a year: a gross yield of 20.3% on the 2015 price, before the service charge of about AED 6,200 a year.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical studio in Al Thamam 11
200K300K20092013201720212025Typical sale price by year: 2009 AED 327,811; 2024 AED 327,500Sold by developer, December 2015: AED 177,720 (AED 459 per sqft)

609 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 609, each contractTypical studio in Al Thamam 11
20K40K2017202020232026Typical rent by year: 2017 AED 38,000; 2018 AED 35,000; 2020 AED 21,250; 2021 AED 20,000; 2022 AED 24,300; 2023 AED 30,183; 2024 AED 31,119; 2025 AED 40,000New contract, March 2017: AED 48,000 a yearRenewal, March 2018: AED 44,000 a yearNew contract, August 2020: AED 22,000 a yearNew contract, September 2022: AED 25,000 a yearNew contract, December 2022: AED 26,000 a yearNew contract, January 2024: AED 36,000 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 11, and where 609 sits

All 6 studios →

609's AED 36,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Jan 2025410,000
23 Dec 2024385,000
25 Nov 2024320,000
17 Oct 2024330,000
0 studio sales in the last 12 months

Al Thamam 11

Building

63 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 941
Typical sale
AED 1.45M
Typical rent
AED 54K /yr
Typical yield
7.4%
Al Thamam 11, Remraam: prices, sales and rents →

Other units on the 6th floor

All 63 units in Al Thamam 11
Value
6011-bedAED 625K · May 2009
6021-bedAED 687K · May 2009
6031-bedAED 351K · Dec 2015
6042-bedAED 1.01M · May 2009
6052-bedAED 1.01M · May 2009
6061-bedAED 703K · May 2009
6071-bedAED 687K · May 2009
1–7 of 8

609, Al Thamam 11 in numbers

  • Sold once: by Remraam on 29 December 2015 for AED 177,720, or AED 459 per sqft.
  • Rented since March 2017 on 6 Ejari contracts. The rent fell from AED 48,000 to AED 22,000 in 2020 and recovered to AED 36,000 by January 2024.
  • At AED 36,000 a year the gross yield on the 2015 price is 20.3%, before a service charge of about AED 6,200 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 25 January 2024.

Questions about 609, Al Thamam 11

What did unit 609 last sell for?

AED 177,720 on 29 December 2015, sold by the developer: AED 459 per sqft for 387 sqft. It is the only registered sale of the unit.

What is the rent for unit 609?

AED 36,000 a year on the contract signed on 25 January 2024. The previous contract, from December 2022, was AED 26,000; the unit has been rented since March 2017.

How big is unit 609?

387 sqft (36.0 sqm): a studio on the 6th floor of a 7-storey tower completed in 2011.

What is unit 609 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 609, Al Thamam 11

Starts from the last sale price (AED 178K, 29 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 177,720
Deposit, UAE resident (20%)
AED 35,544
Deposit, non-resident (40%)
AED 71,088
Monthly over 25 years at 3.7%
AED 727

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