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.
Property timeline for 511, Al Thamam 28
What is 511 worth today?
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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
511 has sold 4 times; the dashed line is the studio median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jun 202623 June 2026 | 493 sqft | 515,000 | 1,043 | ||
| 7 May 20267 May 2026 | 494 sqft | 515,000 | 1,042 | ||
| 29 Dec 202529 December 2025 | 1,022 sqft | 600,000 | 587 | ||
| 29 Sep 202529 September 2025 | 493 sqft | 480,000 | 972 |
Al Thamam 28
Building60 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%
Other units on the 5th floor
All 60 units in Al Thamam 28| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 493 sqft | AED 380KAED 380,000 · Nov 2023November 2023 | 48,000 /yr | |
| 502 | 1-bed | 787 sqft | AED 639KAED 638,662 · Nov 2024November 2024 | 43,600 /yr | |
| 503 | 1-bed | 783 sqft | AED 740KAED 740,000 · Nov 2015November 2015 | 51,600 /yr | |
| 504 | 2-bed | 1,096 sqft | AED 849KAED 849,251 · Feb 2013February 2013 | 71,663 /yr | |
| 505 | 1-bed | 675 sqft | AED 263KAED 263,446 · Aug 2013August 2013 | 44,275 /yr | |
| 506 | 1-bed | 675 sqft | AED 530KAED 530,000 · Jul 2024July 2024 | 53,000 /yr | |
| 507 | 2-bed | 1,096 sqft | AED 875KAED 874,650 · Dec 2012December 2012 | 78,000 /yr | |
| 508 | 1-bed | 391 sqft | AED 374KAED 374,220 · Dec 2012December 2012 | 60,000 /yr | |
| 509 | 1-bed | 787 sqft | AED 495KAED 495,000 · Mar 2024March 2024 | 60,000 /yr | |
| 510 | Studio | 493 sqft | AED 515KAED 515,000 · Jun 2026June 2026 | 52,000 /yr |
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.
Selling 511? Put it on the OpenOffers board
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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 →