511, Al Thamam 16
Sold prices and rental history: sold 3 times, last in September 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 511, Al Thamam 16
What is 511 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 405 sqft
- Floor
- 5th of 5
- Parking
- G-118
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 6,500 /yr
- Last sold
- AED 377K · September 2023
- Building
- Al Thamam 16
About 511, Al Thamam 16
511 is a studio of 405 sqft on the 5th floor of Al Thamam 16, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 26 September 2023 for AED 377,000, or AED 930 per sqft.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 39,000 a year: a gross yield of 10.3% on the 2023 price, before the service charge of about AED 6,500 a year.
Sales and rents for 511 over time
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Thamam 16, and where 511 sits
All 14 studios →Over the last 12 months studios sold for AED 495,000, around AED 1,221 per sqft, and rent for AED 31,185 to 54,000 a year. 511's AED 39,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Apr 20261 April 2026 | 405 sqft | 495,000 | 1,221 | ||
| 17 Oct 202417 October 2024 | 405 sqft | 400,000 | 987 | ||
| 22 Feb 202422 February 2024 | 493 sqft | 415,000 | 841 | ||
| 9 Dec 20229 December 2022 | 493 sqft | 315,000 | 638 |
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 | |
| 509 | 1-bed | 787 sqft | AED 510KAED 510,000 · Jul 2023July 2023 | 60,000 /yr | |
| 510 | Studio | 493 sqft | AED 415KAED 415,000 · Feb 2024February 2024 | 43,000 /yr |
511, Al Thamam 16 in numbers
- Sold 3 times: first on 21 January 2013 for AED 414,920, last on 26 September 2023 for AED 377,000 (AED 930 per sqft).
- Rented since April 2013 on 7 Ejari contracts, from AED 19,000 to AED 39,000 a year.
- At AED 39,000 a year the gross yield on the 2023 price is 10.3%, before a service charge of about AED 6,500 a year (AED 16.07 per sqft).
- Studios in Al Thamam 16 sold for AED 495,000–495,000 in the 12 months to November 2026; the building's median across all types is AED 1,110 per sqft.
Source: Dubai Land Department. Updated 1 February 2026.
Questions about 511, Al Thamam 16
What did unit 511 last sell for?
AED 377,000 on 26 September 2023: AED 930 per sqft for 405 sqft. The unit has 3 registered sales; the first was AED 414,920 in January 2013.
What is the rent for unit 511?
AED 39,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 39,000; the unit has been rented since April 2013.
How big is unit 511?
405 sqft (37.6 sqm): a studio on the 5th floor of a 5-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. Studios in Al Thamam 16 sold for AED 495,000 to 495,000 in the last 12 months, around AED 1,221 per sqft.
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Mortgage on 511, Al Thamam 16
Starts from the last sale price (AED 377K, 26 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 377,000
- Deposit, UAE resident (20%)
- AED 75,400
- Deposit, non-resident (40%)
- AED 150,800
- Monthly over 25 years at 3.7%
- AED 1,542
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →