509, Al Thamam 24
Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Al Thamam 24
What is 509 worth today?
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Source: Dubai Land Department. Updated 1 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 468 sqft
- Floor
- 5th of 6
- Parking
- G-87
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,500 /yr
- Last sold
- AED 366K · December 2013
- Building
- Al Thamam 24
About 509, Al Thamam 24
509 is a studio of 468 sqft on the 5th floor of Al Thamam 24, a 6-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 26 December 2013 for AED 365,707, or AED 781 per sqft, in line with the AED 770 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, signed on 1 December 2025, is AED 44,000 a year: a gross yield of 12.0% on the 2013 price, before the service charge of about AED 7,500 a year.
Sales and rents for 509 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 24, and where 509 sits
All 5 studios →509 last sold in December 2013 at AED 781 per sqft, in line with what studios in Al Thamam 24 were fetching at the time (AED 770). 509's AED 44,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Nov 202225 November 2022 | 468 sqft | 250,000 | 533 | ||
| 11 Jul 201611 July 2016 | 468 sqft | 435,000 | 928 | ||
| 22 Oct 201522 October 2015 | 468 sqft | 536,000 | 1,144 | ||
| 19 Jan 201419 January 2014 | 468 sqft | 455,000 | 971 |
Al Thamam 24
Building57 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 907
- Typical sale
- AED 1.18M
- Typical rent
- AED 60K /yr
- Typical yield
- 8.2%
Other units on the 5th floor
All 57 units in Al Thamam 24| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 665 sqft | AED 540KAED 540,000 · Sep 2024September 2024 | 56,000 /yr | |
| 502 | 1-bed | 758 sqft | AED 592KAED 591,609 · Nov 2014November 2014 | 50,000 /yr | |
| 503 | 1-bed | 758 sqft | AED 655KAED 655,000 · Jul 2025July 2025 | 54,000 /yr | |
| 504 | 2-bed | 1,006 sqft | AED 770KAED 770,000 · Jun 2018June 2018 | 75,000 /yr | |
| 505 | 2-bed | 1,006 sqft | AED 1.06MAED 1,060,000 · Oct 2014October 2014 | ||
| 506 | 1-bed | 758 sqft | AED 550KAED 550,000 · Jan 2024January 2024 | 60,000 /yr | |
| 507 | 1-bed | 758 sqft | AED 650KAED 650,000 · Jul 2025July 2025 | 47,880 /yr | |
| 508 | 1-bed | 689 sqft | AED 537KAED 537,057 · Aug 2013August 2013 | 55,000 /yr |
509, Al Thamam 24 in numbers
- Sold once: by Remraam on 26 December 2013 for AED 365,707, or AED 781 per sqft.
- Rented since March 2017 on 11 Ejari contracts. The rent fell from AED 44,000 to AED 20,000 in 2021 and recovered to AED 44,000 by December 2025.
- At AED 44,000 a year the gross yield on the 2013 price is 12.0%, before a service charge of about AED 7,500 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 1 December 2025.
Questions about 509, Al Thamam 24
What did unit 509 last sell for?
AED 365,707 on 26 December 2013, sold by the developer: AED 781 per sqft for 468 sqft. It is the only registered sale of the unit.
What is the rent for unit 509?
AED 44,000 a year on the contract signed on 1 December 2025. The previous contract, from November 2025, was AED 46,000; the unit has been rented since March 2017.
How big is unit 509?
468 sqft (43.5 sqm): a studio on the 5th floor of a 6-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 24
Starts from the last sale price (AED 366K, 26 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 365,707
- Deposit, UAE resident (20%)
- AED 73,141
- Deposit, non-resident (40%)
- AED 146,283
- Monthly over 25 years at 3.7%
- AED 1,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →