509, Al Thamam 32
Sold prices and rental history: sold 4 times, last in May 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Al Thamam 32
What is 509 worth today?
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Source: Dubai Land Department. Updated 20 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 387 sqft
- Floor
- 5th of 5
- Parking
- G-95
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 6,200 /yr
- Last sold
- AED 370K · May 2024
- Building
- Al Thamam 32
About 509, Al Thamam 32
509 is a studio of 387 sqft on the 5th floor of Al Thamam 32, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 20 May 2024 for AED 370,000, or AED 956 per sqft.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 January 2021, is AED 18,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 6,200 a year.
Sales and rents for 509 over time
509 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 32, and where 509 sits
All 4 studios →| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20243 September 2024 | 387 sqft | 410,000 | 1,059 | ||
| 25 Oct 201725 October 2017 | 387 sqft | 415,000 | 1,072 | ||
| 20 Mar 201720 March 2017 | 387 sqft | 373,375 | 964 | ||
| 29 Oct 201529 October 2015 | 387 sqft | 373,375 | 964 |
Al Thamam 32
Building46 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 803
- Typical sale
- AED 720K
- Typical rent
- AED 78K /yr
- Typical yield
- 8.8%
Other units on the 5th floor
All 46 units in Al Thamam 32| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 755 sqft | AED 678KAED 678,412 · Dec 2014December 2014 | 49,247 /yr | |
| 503 | 1-bed | 773 sqft | AED 693KAED 693,414 · Oct 2014October 2014 | 63,000 /yr | |
| 504 | 2-bed | 1,116 sqft | AED 885KAED 885,000 · Feb 2018February 2018 | 78,000 /yr | |
| 505 | 2-bed | 1,116 sqft | AED 1.02MAED 1,020,000 · May 2024May 2024 | 55,000 /yr | |
| 506 | 1-bed | 773 sqft | AED 333KAED 332,500 · Mar 2017March 2017 | 43,560 /yr | |
| 507 | 1-bed | 755 sqft | AED 711KAED 710,717 · Jan 2013January 2013 | 60,000 /yr | |
| 508 | 1-bed | 689 sqft | AED 360KAED 360,000 · May 2021May 2021 | 48,000 /yr |
509, Al Thamam 32 in numbers
- Sold 4 times: first on 30 March 2009 for AED 378,525, last on 20 May 2024 for AED 370,000 (AED 956 per sqft).
- Rented since January 2019 on 3 Ejari contracts, from AED 30,000 to AED 18,000 a year.
- At AED 18,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 6,200 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 20 May 2024.
Questions about 509, Al Thamam 32
What did unit 509 last sell for?
AED 370,000 on 20 May 2024: AED 956 per sqft for 387 sqft. The unit has 4 registered sales; the first was AED 378,525 in March 2009.
What is the rent for unit 509?
AED 18,000 a year on the contract renewed on 1 January 2021. The previous contract, from January 2020, was AED 24,000; the unit has been rented since January 2019.
How big is unit 509?
387 sqft (36.0 sqm): a studio 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 32
Starts from the last sale price (AED 370K, 20 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 370,000
- Deposit, UAE resident (20%)
- AED 74,000
- Deposit, non-resident (40%)
- AED 148,000
- Monthly over 25 years at 3.7%
- AED 1,514
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →