509, Al Thamam 59
Sold prices and rental history: sold 3 times, last in April 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Al Thamam 59
What is 509 worth today?
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Source: Dubai Land Department. Updated 16 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 387 sqft
- Floor
- 5th of 5
- Parking
- G-74
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 6,200 /yr
- Last sold
- AED 480K · April 2014
- Building
- Al Thamam 59
About 509, Al Thamam 59
509 is a studio of 387 sqft on the 5th floor of Al Thamam 59, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 29 April 2014 for AED 480,000, or AED 1,240 per sqft, 33% above the AED 934 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 16 February 2026, is AED 44,000 a year: a gross yield of 9.2% on the 2014 price, before the service charge of about AED 6,200 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 59, and where 509 sits
All 4 studios →509 last sold in April 2014 at AED 1,240 per sqft, 33% above what studios in Al Thamam 59 were fetching at the time (AED 934). 509's AED 44,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Nov 201913 November 2019 | 193 sqft | 140,000 | 723 | ||
| 19 Sep 201919 September 2019 | 387 sqft | 280,000 | 723 | ||
| 4 Apr 20174 April 2017 | 387 sqft | 420,000 | 1,085 | ||
| 25 Mar 201425 March 2014 | 387 sqft | 360,360 | 931 |
Al Thamam 59
Building48 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 880
- Typical sale
- AED 1.01M
- Typical rent
- AED 49K /yr
- Typical yield
- 8.8%
Other units on the 5th floor
All 48 units in Al Thamam 59| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 350KAED 350,000 · Sep 2021September 2021 | 48,000 /yr | |
| 502 | 1-bed | 755 sqft | AED 450KAED 450,000 · Jun 2023June 2023 | 38,000 /yr | |
| 503 | 1-bed | 773 sqft | AED 705KAED 705,000 · Sep 2025September 2025 | 58,000 /yr | |
| 504 | 2-bed | 1,116 sqft | AED 985KAED 985,000 · Dec 2024December 2024 | 55,000 /yr | |
| 505 | 2-bed | 1,116 sqft | AED 895KAED 895,000 · Nov 2016November 2016 | 52,000 /yr | |
| 506 | 1-bed | 773 sqft | AED 660KAED 660,000 · Feb 2017February 2017 | 65,000 /yr | |
| 507 | 1-bed | 755 sqft | AED 710KAED 710,000 · Sep 2026September 2026 | 48,000 /yr | |
| 508 | 1-bed | 665 sqft | AED 700KAED 700,280 · Jun 2013June 2013 | 56,000 /yr |
509, Al Thamam 59 in numbers
- Sold 3 times: first on 30 March 2009 for AED 370,800, last on 29 April 2014 for AED 480,000 (AED 1,240 per sqft).
- Rented since September 2017 on 6 Ejari contracts. The rent fell from AED 42,000 to AED 23,000 in 2020 and recovered to AED 44,000 by February 2026.
- At AED 44,000 a year the gross yield on the 2014 price is 9.2%, before a service charge of about AED 6,200 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 16 February 2026.
Questions about 509, Al Thamam 59
What did unit 509 last sell for?
AED 480,000 on 29 April 2014: AED 1,240 per sqft for 387 sqft. The unit has 3 registered sales; the first was AED 370,800 in March 2009.
What is the rent for unit 509?
AED 44,000 a year on the contract signed on 16 February 2026. The previous contract, from February 2025, was AED 40,000; the unit has been rented since September 2017.
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 59
Starts from the last sale price (AED 480K, 29 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →