Studio · 405 sqftAl Thamam 06, Remraam · 5th floor · completed 2011

511, Al Thamam 06

Sold prices and rental history: sold 4 times, last in December 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 21 January 2025
Last soldAED 450K27 December 2024
Current rentAED 40K /yr21 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Al Thamam 06

What is 511 worth today?

Last sold for AED 450,000 in 2024

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21 Jan 2025RentedNew contract
AED 40,000/yr12 months · AED 99 per sqft
27 Dec 2024SoldReady
AED 450,000AED 1,110 per sqft
1 Sep 2022RentedNew contract
AED 22,000/yr12 months · AED 54 per sqft
7 Jul 2017RentedNew contract
AED 45,000/yr12 months · AED 110 per sqft
24 May 2017SoldReady
AED 430,000AED 1,061 per sqft
7 Jan 2017RentedRenewal
AED 45,000/yr6 months · AED 111 per sqft
7 Jan 2016RentedNew contract
AED 42,000/yr12 months · AED 104 per sqft
27 Nov 2014RentedNew contract
AED 42,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 21 January 2025.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
5th of 5
Parking
G-112
Developer
Remraam
Completed
2011
Service charge
AED 6,500 /yr
Last sold
AED 450K · December 2024
Building
Al Thamam 06

About 511, Al Thamam 06

511 is a studio of 405 sqft on the 5th floor of Al Thamam 06, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 27 December 2024 for AED 450,000, or AED 1,110 per sqft, 29% above the AED 861 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 21 January 2025, is AED 40,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 6,500 a year.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical studio in Al Thamam 06
200K400K2009201420192024Typical sale price by year: 2009 AED 290,170; 2013 AED 215,521; 2014 AED 216,239; 2017 AED 470,000; 2024 AED 425,000Sold by developer, June 2009: AED 181,517 (AED 447 per sqft)Sold, January 2014: AED 177,366 (AED 437 per sqft)Sold, May 2017: AED 430,000 (AED 1,061 per sqft)Sold, December 2024: AED 450,000 (AED 1,110 per sqft)

511 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 511, each contractTypical studio in Al Thamam 06
20K40K20142017202020232026Typical rent by year: 2014 AED 34,500; 2015 AED 36,750; 2016 AED 45,000; 2017 AED 45,000; 2018 AED 38,000; 2019 AED 35,000; 2020 AED 24,500; 2021 AED 25,000; 2022 AED 26,125; 2023 AED 30,188; 2024 AED 34,866; 2025 AED 42,500New contract, November 2014: AED 42,000 a yearNew contract, January 2016: AED 42,000 a yearRenewal, January 2017: AED 45,000 a yearNew contract, July 2017: AED 45,000 a yearNew contract, September 2022: AED 22,000 a yearNew contract, January 2025: AED 40,000 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 06, and where 511 sits

All 12 studios →

511 last sold in December 2024 at AED 1,110 per sqft, 29% above what studios in Al Thamam 06 were fetching at the time (AED 861). Over the last 12 months studios sold for AED 460,000, around AED 931 per sqft.

Recent studio salesUnit no.Price (AED)Summary
12 Feb 2025480,000
18 Sep 2024450,000
27 Aug 2024484,000
19 Apr 2024425,000
1 studio sale in the last 12 months

Al Thamam 06

Building

60 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 878
Typical sale
AED 1.13M
Typical rent
AED 76K /yr
Typical yield
7.5%
Al Thamam 06, Remraam: prices, sales and rents →

Other units on the 5th floor

All 60 units in Al Thamam 06
Value
501StudioAED 480K · Feb 2025
5021-bedAED 640K · Apr 2018
5031-bedAED 540K · Jan 2019
5042-bedAED 458K · Aug 2017
5051-bedAED 610K · Jan 2025
5061-bedAED 395K · Apr 2023
5072-bedAED 960K · Jun 2024
1–7 of 10

511, Al Thamam 06 in numbers

  • Sold 4 times: first on 15 June 2009 for AED 181,517, last on 27 December 2024 for AED 450,000 (AED 1,110 per sqft).
  • Rented since November 2014 on 6 Ejari contracts. The rent fell from AED 42,000 to AED 22,000 in 2022 and recovered to AED 40,000 by January 2025.
  • At AED 40,000 a year the gross yield on the 2024 price is 8.9%, before a service charge of about AED 6,500 a year (AED 16.07 per sqft).
  • Studios in Al Thamam 06 sold for AED 460,000–460,000 in the 12 months to November 2026; the building's median across all types is AED 878 per sqft.

Source: Dubai Land Department. Updated 21 January 2025.

Questions about 511, Al Thamam 06

What did unit 511 last sell for?

AED 450,000 on 27 December 2024: AED 1,110 per sqft for 405 sqft. The unit has 4 registered sales; the first was AED 181,517 in June 2009.

What is the rent for unit 511?

AED 40,000 a year on the contract signed on 21 January 2025. The previous contract, from September 2022, was AED 22,000; the unit has been rented since November 2014.

How big is unit 511?

405 sqft (37.6 sqm): a studio on the 5th floor of a 5-storey tower completed in 2011.

What is unit 511 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Thamam 06 sold for AED 460,000 to 460,000 in the last 12 months, around AED 931 per sqft.

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Mortgage on 511, Al Thamam 06

Starts from the last sale price (AED 450K, 27 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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