Studio · 405 sqftAl Thamam 28, Remraam · 5th floor · completed 2011

511, Al Thamam 28

Sold prices and rental history: sold 4 times, last in April 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 28 February 2024
Last soldAED 250K11 April 2021
Current rentAED 35K /yr28 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Al Thamam 28

What is 511 worth today?

Last sold for AED 250,000 in 2021

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28 Feb 2024RentedNew contract
AED 35,000/yr12 months · AED 86 per sqft
2 Feb 2023RentedNew contract
AED 25,000/yr12 months · AED 61 per sqft
12 Sep 2021RentedNew contract
AED 20,000/yr12 months · AED 49 per sqft
11 Apr 2021SoldReady
AED 250,000AED 616 per sqft
20 Jul 2020RentedNew contract
AED 20,000/yr12 months · AED 49 per sqft
8 Aug 2018RentedNew contract
AED 32,000/yr12 months · AED 78 per sqft
5 Jul 2015RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft
16 Apr 2014SoldReady
AED 490,000AED 1,209 per sqft

Source: Dubai Land Department. Updated 28 February 2024.

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 250K · April 2021
Building
Al Thamam 28

About 511, Al Thamam 28

511 is a studio of 405 sqft on the 5th floor of Al Thamam 28, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 11 April 2021 for AED 250,000, or AED 616 per sqft, 11% above the AED 553 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 28 February 2024, is AED 35,000 a year: a gross yield of 14.0% on the 2021 price, before the service charge of about AED 6,500 a year.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical studio in Al Thamam 28
200K400K20092013201720212025Typical sale price by year: 2009 AED 432,000; 2013 AED 399,543; 2014 AED 434,159; 2021 AED 250,000; 2023 AED 322,500; 2024 AED 390,000Sold by developer, March 2010: AED 185,220 (AED 457 per sqft)Sold, March 2014: AED 316,359 (AED 780 per sqft)Sold, April 2014: AED 490,000 (AED 1,209 per sqft)Sold, April 2021: AED 250,000 (AED 616 per sqft)

511 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 511, each contractTypical studio in Al Thamam 28
20K40K2013201720212025Typical rent by year: 2013 AED 30,000; 2014 AED 40,000; 2015 AED 44,000; 2016 AED 45,000; 2017 AED 43,250; 2018 AED 35,000; 2019 AED 30,000; 2020 AED 22,000; 2021 AED 21,000; 2022 AED 24,000; 2023 AED 27,000; 2024 AED 33,600; 2025 AED 46,500; 2026 AED 48,000New contract, July 2015: AED 40,000 a yearNew contract, August 2018: AED 32,000 a yearNew contract, July 2020: AED 20,000 a yearNew contract, September 2021: AED 20,000 a yearNew contract, February 2023: AED 25,000 a yearNew contract, February 2024: AED 35,000 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 28, and where 511 sits

All 14 studios →

511 last sold in April 2021 at AED 616 per sqft, 11% above what studios in Al Thamam 28 were fetching at the time (AED 553). Over the last 12 months studios sold for AED 515,000 to 600,000, around AED 1,042 per sqft, and rent for AED 33,500 to 88,000 a year. 511's AED 35,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Jun 2026515,000
7 May 2026515,000
29 Dec 2025600,000
29 Sep 2025480,000
3 studio sales in the last 12 months

Al Thamam 28

Building

60 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 7 sold in the last 12 months.

Typical price per sqft
AED 949
Typical sale
AED 730K
Typical rent
AED 62K /yr
Typical yield
9.1%
Al Thamam 28, Remraam: prices, sales and rents →

Other units on the 5th floor

All 60 units in Al Thamam 28
Value
501StudioAED 380K · Nov 2023
5021-bedAED 639K · Nov 2024
5031-bedAED 740K · Nov 2015
5042-bedAED 849K · Feb 2013
5051-bedAED 263K · Aug 2013
5061-bedAED 530K · Jul 2024
5072-bedAED 875K · Dec 2012
1–7 of 10

511, Al Thamam 28 in numbers

  • Sold 4 times: first on 18 March 2010 for AED 185,220, last on 11 April 2021 for AED 250,000 (AED 616 per sqft).
  • Rented since July 2015 on 6 Ejari contracts. The rent fell from AED 40,000 to AED 20,000 in 2021 and recovered to AED 35,000 by February 2024.
  • At AED 35,000 a year the gross yield on the 2021 price is 14.0%, before a service charge of about AED 6,500 a year (AED 16.07 per sqft).
  • Studios in Al Thamam 28 sold for AED 515,000–600,000 in the 12 months to November 2026; the building's median across all types is AED 949 per sqft.

Source: Dubai Land Department. Updated 28 February 2024.

Questions about 511, Al Thamam 28

What did unit 511 last sell for?

AED 250,000 on 11 April 2021: AED 616 per sqft for 405 sqft. The unit has 4 registered sales; the first was AED 185,220 in March 2010.

What is the rent for unit 511?

AED 35,000 a year on the contract signed on 28 February 2024. The previous contract, from February 2023, was AED 25,000; the unit has been rented since July 2015.

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 28 sold for AED 515,000 to 600,000 in the last 12 months, around AED 1,042 per sqft.

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Mortgage on 511, Al Thamam 28

Starts from the last sale price (AED 250K, 11 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 250,000
Deposit, UAE resident (20%)
AED 50,000
Deposit, non-resident (40%)
AED 100,000
Monthly over 25 years at 3.7%
AED 1,023

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