Studio · 387 sqftAl Thamam 47, Remraam · 5th floor · completed 2011

509, Al Thamam 47

Sold prices and rental history: sold 6 times, last in May 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 25 January 2024
Last soldAED 255K16 May 2021
Current rentAED 29K /yr25 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Al Thamam 47

What is 509 worth today?

Last sold for AED 255,000 in 2021

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25 Jan 2024RentedRenewal
AED 28,750/yr12 months · AED 74 per sqft
25 Jan 2023RentedNew contract
AED 25,000/yr12 months · AED 65 per sqft
7 Dec 2021RentedNew contract
AED 22,000/yr12 months · AED 57 per sqft
16 May 2021SoldReady
AED 255,000AED 658 per sqft
1 Feb 2021RentedNew contract
AED 20,000/yr12 months · AED 52 per sqft
7 Sep 2019RentedNew contract
AED 37,999/yr5 months · AED 98 per sqft
7 Feb 2019RentedRenewal
AED 38,000/yr12 months · AED 98 per sqft
7 Feb 2018RentedNew contract
AED 40,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 25 January 2024.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
5th of 7
Parking
G-74
Developer
Remraam
Completed
2011
Service charge
AED 6,200 /yr
Last sold
AED 255K · May 2021
Building
Al Thamam 47

About 509, Al Thamam 47

509 is a studio of 387 sqft on the 5th floor of Al Thamam 47, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 16 May 2021 for AED 255,000, or AED 658 per sqft.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 25 January 2024, is AED 28,750 a year: a gross yield of 11.3% on the 2021 price, before the service charge of about AED 6,200 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical studio in Al Thamam 47
300K400K2009201320172021Typical sale price by year: 2013 AED 325,000; 2014 AED 419,725Sold by developer, March 2009: AED 370,800 (AED 958 per sqft)Sold, December 2012: AED 362,880 (AED 937 per sqft)Sold, June 2013: AED 300,000 (AED 775 per sqft)Sold, July 2013: AED 350,000 (AED 904 per sqft)Sold, June 2016: AED 460,000 (AED 1,188 per sqft)Sold, May 2021: AED 255,000 (AED 658 per sqft)

509 has sold 6 times; the dashed line is the studio median of each year in the building.

Rents
Unit 509, each contractTypical studio in Al Thamam 47
20K30K40K2017202020232026Typical rent by year: 2017 AED 36,500; 2019 AED 34,000; 2021 AED 20,000; 2022 AED 22,000; 2023 AED 25,000; 2024 AED 28,750; 2026 AED 30,000New contract, February 2018: AED 40,000 a yearRenewal, February 2019: AED 38,000 a yearNew contract, September 2019: AED 37,999 a yearNew contract, February 2021: AED 20,000 a yearNew contract, December 2021: AED 22,000 a yearNew contract, January 2023: AED 25,000 a yearRenewal, January 2024: AED 28,750 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 47, and where 509 sits

All 6 studios →

509's AED 28,750 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Aug 2018355,000
15 Dec 2014490,000
12 Mar 2014385,560
4 Mar 2014419,725
0 studio sales in the last 12 months

Al Thamam 47

Building

63 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 65K /yr
Typical yield
Al Thamam 47, Remraam: prices, sales and rents →

Other units on the 5th floor

All 63 units in Al Thamam 47
Value
5011-bedAED 552K · Dec 2013
5021-bedAED 410K · Dec 2021
5031-bedAED 712K · May 2013
5042-bedAED 800K · May 2024
5052-bedAED 940K · Apr 2025
5061-bedAED 660K · Jun 2016
5071-bedAED 380K · Feb 2023
1–7 of 8

509, Al Thamam 47 in numbers

  • Sold 6 times: first on 30 March 2009 for AED 370,800, last on 16 May 2021 for AED 255,000 (AED 658 per sqft).
  • Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 20,000 in 2021 and recovered to AED 28,750 by January 2024.
  • At AED 28,750 a year the gross yield on the 2021 price is 11.3%, before a service charge of about AED 6,200 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 25 January 2024.

Questions about 509, Al Thamam 47

What did unit 509 last sell for?

AED 255,000 on 16 May 2021: AED 658 per sqft for 387 sqft. The unit has 6 registered sales; the first was AED 370,800 in March 2009.

What is the rent for unit 509?

AED 28,750 a year on the contract renewed on 25 January 2024. The previous contract, from January 2023, was AED 25,000; the unit has been rented since February 2018.

How big is unit 509?

387 sqft (36.0 sqm): a studio on the 5th floor of a 7-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 47

Starts from the last sale price (AED 255K, 16 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 255,000
Deposit, UAE resident (20%)
AED 51,000
Deposit, non-resident (40%)
AED 102,000
Monthly over 25 years at 3.7%
AED 1,043

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