Studio · 468 sqftAl Thamam 12, Remraam · 5th floor · completed 2011

509, Al Thamam 12

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

Unit 509 · DLD and Ejari recordsUpdated 18 May 2026
Last soldAED 355K12 December 2023
Current rentAED 54K /yr18 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Al Thamam 12

What is 509 worth today?

Last sold for AED 355,000 in 2023

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18 May 2026RentedNew contract
AED 54,000/yr12 months · AED 114 per sqft
12 Dec 2023SoldReady
AED 355,000AED 757 per sqft
27 Dec 2022RentedNew contract
AED 25,000/yr12 months · AED 53 per sqft
17 Nov 2022Sold by developerReady
AED 280,000AED 597 per sqft
1 Sep 2021RentedRenewal
AED 21,000/yr12 months · AED 44 per sqft
20 Jul 2020RentedNew contract
AED 23,000/yr13 months · AED 49 per sqft
1 Apr 2020RentedNew contract
AED 25,000/yr12 months · AED 53 per sqft
27 Jan 2015RentedNew contract
AED 44,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 18 May 2026.

Key facts

Type
Studio apartment
Size
468 sqft
Floor
5th of 5
Parking
G-87
Developer
Remraam
Completed
2011
Service charge
AED 7,500 /yr
Last sold
AED 355K · December 2023
Building
Al Thamam 12

About 509, Al Thamam 12

509 is a studio of 468 sqft on the 5th floor of Al Thamam 12, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 12 December 2023 for AED 355,000, or AED 757 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 18 May 2026, is AED 54,000 a year: a gross yield of 15.2% on the 2023 price, before the service charge of about AED 7,500 a year.

Sales and rents for 509 over time

Rents
Unit 509, each contractTypical studio in Al Thamam 12
20K40K2014201820222026Typical rent by year: 2014 AED 42,000; 2015 AED 44,000; 2019 AED 30,000; 2020 AED 25,000; 2022 AED 25,000; 2023 AED 26,000; 2025 AED 41,500New contract, March 2014: AED 42,000 a yearNew contract, January 2015: AED 44,000 a yearNew contract, April 2020: AED 25,000 a yearNew contract, July 2020: AED 23,000 a yearRenewal, September 2021: AED 21,000 a yearNew contract, December 2022: AED 25,000 a yearNew contract, May 2026: AED 54,000 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 12, and where 509 sits

All 4 studios →

509's AED 54,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
12 Mar 2025410,000
27 Oct 2023370,000
21 Nov 2022265,000
16 Aug 2022300,000
0 studio sales in the last 12 months

Al Thamam 12

Building

47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.

Typical price per sqft
AED 848
Typical sale
AED 700K
Typical rent
AED 61K /yr
Typical yield
8.3%
Al Thamam 12, Remraam: prices, sales and rents →

Other units on the 5th floor

All 47 units in Al Thamam 12
Value
5011-bedAED 601K · Oct 2012
5021-bedAED 435K · Apr 2023
5031-bedAED 704K · May 2025
5042-bedAED 988K · Jan 2015
5052-bedAED 980K · May 2016
5061-bedNo registered sale
5071-bedAED 760K · Dec 2025
1–7 of 8

509, Al Thamam 12 in numbers

  • Sold twice: first on 17 November 2022 for AED 280,000, last on 12 December 2023 for AED 355,000 (AED 757 per sqft).
  • Rented since March 2014 on 7 Ejari contracts. The rent fell from AED 42,000 to AED 21,000 in 2021 and recovered to AED 54,000 by May 2026.
  • At AED 54,000 a year the gross yield on the 2023 price is 15.2%, before a service charge of about AED 7,500 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 18 May 2026.

Questions about 509, Al Thamam 12

What did unit 509 last sell for?

AED 355,000 on 12 December 2023: AED 757 per sqft for 468 sqft. The unit has 2 registered sales; the first was AED 280,000 in November 2022.

What is the rent for unit 509?

AED 54,000 a year on the contract signed on 18 May 2026. The previous contract, from December 2022, was AED 25,000; the unit has been rented since March 2014.

How big is unit 509?

468 sqft (43.5 sqm): a studio on the 5th floor of a 5-storey tower completed in 2011.

What is unit 509 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 509, Al Thamam 12

Starts from the last sale price (AED 355K, 12 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 355,000
Deposit, UAE resident (20%)
AED 71,000
Deposit, non-resident (40%)
AED 142,000
Monthly over 25 years at 3.7%
AED 1,452

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