Studio · 387 sqftAl Thamam 02, Remraam · 5th floor · completed 2011

509, Al Thamam 02

Sold prices and rental history: sold once, by the developer in August 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 422K19 August 2013
Current rentAED 42K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Al Thamam 02

What is 509 worth today?

Last sold for AED 422,300 in 2013

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15 Sep 2025RentedNew contract
AED 42,000/yr12 months · AED 109 per sqft
20 May 2024RentedNew contract
AED 36,000/yr12 months · AED 93 per sqft
2 Nov 2023RentedRenewal
AED 27,600/yr12 months · AED 73 per sqft
2 Nov 2022RentedNew contract
AED 24,000/yr12 months · AED 64 per sqft
1 Nov 2020RentedNew contract
AED 20,000/yr12 months · AED 52 per sqft
21 Sep 2019RentedNew contract
AED 28,000/yr12 months · AED 72 per sqft
25 Sep 2018RentedNew contract
AED 33,000/yr12 months · AED 85 per sqft
11 Jun 2017RentedNew contract
AED 38,200/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 15 September 2025.

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 422K · August 2013
Building
Al Thamam 02

About 509, Al Thamam 02

509 is a studio of 387 sqft on the 5th floor of Al Thamam 02, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 19 August 2013 for AED 422,300, or AED 1,091 per sqft, in line with the AED 1,091 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 15 September 2025, is AED 42,000 a year: a gross yield of 10.0% on the 2013 price, before the service charge of about AED 6,200 a year.

Sales and rents for 509 over time

Rents
Unit 509, each contractTypical studio in Al Thamam 02
20K30K40K2013201720212025Typical rent by year: 2014 AED 38,000; 2015 AED 38,825; 2018 AED 39,056; 2019 AED 28,000; 2020 AED 20,000; 2022 AED 24,000; 2023 AED 27,800; 2024 AED 37,000; 2025 AED 41,000New contract, September 2013: AED 30,000 a yearNew contract, June 2015: AED 33,075 a yearNew contract, June 2017: AED 38,200 a yearNew contract, September 2018: AED 33,000 a yearNew contract, September 2019: AED 28,000 a yearNew contract, November 2020: AED 20,000 a yearNew contract, November 2022: AED 24,000 a yearRenewal, November 2023: AED 27,600 a yearNew contract, May 2024: AED 36,000 a yearNew contract, September 2025: AED 42,000 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 02, and where 509 sits

All 4 studios →

509 last sold in August 2013 at AED 1,091 per sqft, in line with what studios in Al Thamam 02 were fetching at the time (AED 1,091).

Recent studio salesUnit no.Price (AED)Summary
9 Jan 2025395,000
17 Dec 2018350,000
4 Mar 2015443,000
23 Jan 2014462,000
0 studio sales in the last 12 months

Al Thamam 02

Building

47 apartments, studios to 3-bed over 5 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 55K /yr
Typical yield
Al Thamam 02, Remraam: prices, sales and rents →

Other units on the 5th floor

All 47 units in Al Thamam 02
Value
5011-bedAED 390K · Sep 2022
5021-bedAED 692K · Apr 2013
5031-bedAED 650K · Oct 2024
5042-bedAED 600K · Dec 2022
5052-bedAED 1.12M · Aug 2013
5061-bedAED 750K · Feb 2017
5071-bedAED 696K · Apr 2013
1–7 of 8

509, Al Thamam 02 in numbers

  • Sold once: by Remraam on 19 August 2013 for AED 422,300, or AED 1,091 per sqft.
  • Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 30,000 to AED 20,000 in 2020 and recovered to AED 42,000 by September 2025.
  • At AED 42,000 a year the gross yield on the 2013 price is 10.0%, before a service charge of about AED 6,200 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 15 September 2025.

Questions about 509, Al Thamam 02

What did unit 509 last sell for?

AED 422,300 on 19 August 2013, sold by the developer: AED 1,091 per sqft for 387 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 42,000 a year on the contract signed on 15 September 2025. The previous contract, from May 2024, was AED 36,000; the unit has been rented since September 2013.

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 02

Starts from the last sale price (AED 422K, 19 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 422,300
Deposit, UAE resident (20%)
AED 84,460
Deposit, non-resident (40%)
AED 168,920
Monthly over 25 years at 3.7%
AED 1,728

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