509, Al Thamam 53
Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Al Thamam 53
What is 509 worth today?
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Source: Dubai Land Department. Updated 11 June 2024.
Key facts
- Type
- Studio apartment
- Size
- 401 sqft
- Floor
- 5th of 6
- Parking
- G-95
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 6,400 /yr
- Last sold
- AED 445K · June 2024
- Building
- Al Thamam 53
About 509, Al Thamam 53
509 is a studio of 401 sqft on the 5th floor of Al Thamam 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 11 June 2024 for AED 444,600, or AED 1,108 per sqft.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 22 December 2023, is AED 30,025 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 6,400 a year.
Sales and rents for 509 over time
509 has sold 3 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 53, and where 509 sits
All 5 studios →509's AED 30,025 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Nov 202420 November 2024 | 401 sqft | 405,000 | 1,009 | ||
| 23 Aug 202223 August 2022 | 401 sqft | 255,000 | 635 | ||
| 5 Nov 20145 November 2014 | 401 sqft | 302,758 | 754 | ||
| 22 Jan 201422 January 2014 | 401 sqft | 450,000 | 1,121 |
Al Thamam 53
Building56 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 7 sold in the last 12 months.
- Typical price per sqft
- AED 952
- Typical sale
- AED 740K
- Typical rent
- AED 57K /yr
- Typical yield
- 7.7%
Other units on the 5th floor
All 56 units in Al Thamam 53| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 669 sqft | AED 445KAED 444,800 · Aug 2023August 2023 | 50,000 /yr | |
| 502 | 1-bed | 755 sqft | AED 720KAED 720,000 · Feb 2026February 2026 | 50,000 /yr | |
| 503 | 1-bed | 755 sqft | AED 740KAED 740,000 · Apr 2026April 2026 | 44,000 /yr | |
| 504 | 2-bed | 1,009 sqft | AED 525KAED 525,000 · Aug 2022August 2022 | 58,080 /yr | |
| 505 | 2-bed | 1,009 sqft | AED 550KAED 550,000 · Dec 2020December 2020 | 85,000 /yr | |
| 506 | 1-bed | 755 sqft | AED 720KAED 720,000 · Sep 2026September 2026 | ||
| 507 | 1-bed | 755 sqft | AED 410KAED 410,000 · Apr 2023April 2023 | 60,000 /yr | |
| 508 | 1-bed | 668 sqft | AED 511KAED 510,811 · Aug 2013August 2013 | 60,000 /yr |
509, Al Thamam 53 in numbers
- Sold 3 times: first on 15 June 2009 for AED 181,440, last on 11 June 2024 for AED 444,600 (AED 1,108 per sqft).
- Rented since July 2013 on 9 Ejari contracts. The rent fell from AED 30,000 to AED 21,000 in 2021 and recovered to AED 30,025 by December 2023.
- At AED 30,025 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 6,400 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 11 June 2024.
Questions about 509, Al Thamam 53
What did unit 509 last sell for?
AED 444,600 on 11 June 2024: AED 1,108 per sqft for 401 sqft. The unit has 3 registered sales; the first was AED 181,440 in June 2009.
What is the rent for unit 509?
AED 30,025 a year on the contract renewed on 22 December 2023. The previous contract, from December 2022, was AED 26,000; the unit has been rented since July 2013.
How big is unit 509?
401 sqft (37.3 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 53
Starts from the last sale price (AED 445K, 11 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 444,600
- Deposit, UAE resident (20%)
- AED 88,920
- Deposit, non-resident (40%)
- AED 177,840
- Monthly over 25 years at 3.7%
- AED 1,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →