509, Al Thamam 16
Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Al Thamam 16
What is 509 worth today?
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Source: Dubai Land Department. Updated 10 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 787 sqft
- Floor
- 5th of 5
- Parking
- G-120
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,600 /yr
- Last sold
- AED 510K · July 2023
- Building
- Al Thamam 16
About 509, Al Thamam 16
509 is a one-bedroom apartment of 787 sqft on the 5th floor of Al Thamam 16, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 17 July 2023 for AED 510,000, or AED 648 per sqft, 6% above the AED 610 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, signed on 10 June 2026, is AED 60,000 a year: a gross yield of 11.8% on the 2023 price, before the service charge of about AED 12,600 a year.
Sales and rents for 509 over time
509 has sold twice; 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 16, and where 509 sits
All 24 1-beds →509 last sold in July 2023 at AED 648 per sqft, 6% above what one-beds in Al Thamam 16 were fetching at the time (AED 610). 509's AED 60,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jan 20257 January 2025 | 1,140 sqft | 750,000 | 658 | ||
| 6 Dec 20246 December 2024 | 783 sqft | 680,000 | 868 | ||
| 11 Nov 202411 November 2024 | 670 sqft | 510,000 | 760 | ||
| 2 Oct 20242 October 2024 | 989 sqft | 670,000 | 677 |
Al Thamam 16
Building60 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 1,110
- Typical sale
- AED 795K
- Typical rent
- AED 60K /yr
- Typical yield
- 6.9%
Other units on the 5th floor
All 60 units in Al Thamam 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 493 sqft | AED 492KAED 492,000 · Apr 2013April 2013 | 25,000 /yr | |
| 502 | 1-bed | 787 sqft | AED 415KAED 415,000 · Nov 2020November 2020 | 55,000 /yr | |
| 503 | 1-bed | 783 sqft | AED 470KAED 470,000 · May 2022May 2022 | 34,000 /yr | |
| 504 | 2-bed | 1,096 sqft | AED 1.1MAED 1,095,000 · Feb 2026February 2026 | 94,000 /yr | |
| 505 | 1-bed | 675 sqft | AED 694KAED 693,720 · Apr 2013April 2013 | 44,000 /yr | |
| 506 | 1-bed | 675 sqft | AED 375KAED 375,000 · Mar 2021March 2021 | 57,000 /yr | |
| 507 | 2-bed | 1,096 sqft | AED 950KAED 950,000 · Nov 2024November 2024 | 57,259 /yr | |
| 508 | 1-bed | 783 sqft | AED 680KAED 680,000 · Dec 2024December 2024 | 36,000 /yr | |
| 510 | Studio | 493 sqft | AED 415KAED 415,000 · Feb 2024February 2024 | 43,000 /yr | |
| 511 | Studio | 405 sqft | AED 377KAED 377,000 · Sep 2023September 2023 | 39,000 /yr |
509, Al Thamam 16 in numbers
- Sold twice: first on 7 March 2013 for AED 797,040, last on 17 July 2023 for AED 510,000 (AED 648 per sqft).
- Rented since June 2013 on 15 Ejari contracts. The rent fell from AED 45,000 to AED 33,000 in 2021 and recovered to AED 60,000 by June 2026.
- At AED 60,000 a year the gross yield on the 2023 price is 11.8%, before a service charge of about AED 12,600 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 10 June 2026.
Questions about 509, Al Thamam 16
What did unit 509 last sell for?
AED 510,000 on 17 July 2023: AED 648 per sqft for 787 sqft. The unit has 2 registered sales; the first was AED 797,040 in March 2013.
What is the rent for unit 509?
AED 60,000 a year on the contract signed on 10 June 2026. The previous contract, from March 2026, was AED 66,000; the unit has been rented since June 2013.
How big is unit 509?
787 sqft (73.1 sqm): a one-bedroom apartment 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 16
Starts from the last sale price (AED 510K, 17 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 510,000
- Deposit, UAE resident (20%)
- AED 102,000
- Deposit, non-resident (40%)
- AED 204,000
- Monthly over 25 years at 3.7%
- AED 2,087
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →