1-bed · 787 sqftAl Thamam 08, Remraam · 5th floor · completed 2011

509, Al Thamam 08

Sold prices and rental history: sold 4 times, last in November 2023, 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 1 December 2024
Last soldAED 540K22 November 2023
Current rentAED 41K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Al Thamam 08

What is 509 worth today?

Last sold for AED 540,000 in 2023

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1 Dec 2024RentedRenewal
AED 41,047/yr5 months · AED 52 per sqft
1 Dec 2023RentedNew contract
AED 40,700/yr12 months · AED 52 per sqft
22 Nov 2023SoldReady
AED 540,000AED 686 per sqft
7 Sep 2023SoldReady
AED 480,000AED 610 per sqft
1 Dec 2021RentedNew contract
AED 33,000/yr12 months · AED 42 per sqft
15 Sep 2020RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
1 Sep 2019RentedRenewal
AED 50,000/yr12 months · AED 64 per sqft
1 Sep 2018RentedNew contract
AED 50,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
1-bed apartment
Size
787 sqft
Floor
5th of 6
Parking
G-120
Developer
Remraam
Completed
2011
Service charge
AED 12,600 /yr
Last sold
AED 540K · November 2023
Building
Al Thamam 08

About 509, Al Thamam 08

509 is a one-bedroom apartment of 787 sqft on the 5th floor of Al Thamam 08, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 22 November 2023 for AED 540,000, or AED 686 per sqft, 12% above the AED 610 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 41,047 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 12,600 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical one-bed in Al Thamam 08
500K750K2009201320172021Typical sale price by year: 2009 AED 620,190; 2011 AED 601,087; 2013 AED 621,810; 2014 AED 723,395; 2015 AED 785,610; 2016 AED 660,450; 2021 AED 360,000; 2022 AED 408,500; 2023 AED 490,000Sold by developer, June 2009: AED 353,274 (AED 449 per sqft)Sold, May 2014: AED 796,220 (AED 1,012 per sqft)Sold, September 2023: AED 480,000 (AED 610 per sqft)Sold, November 2023: AED 540,000 (AED 686 per sqft)

509 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 509, each contractTypical one-bed in Al Thamam 08
40K60K2013201720212025Typical rent by year: 2013 AED 45,000; 2014 AED 56,500; 2015 AED 57,000; 2016 AED 56,000; 2017 AED 57,000; 2018 AED 55,500; 2019 AED 46,750; 2020 AED 38,000; 2021 AED 30,600; 2022 AED 34,950; 2023 AED 42,000; 2024 AED 44,445; 2025 AED 48,000New contract, December 2013: AED 51,000 a yearRenewal, May 2016: AED 60,000 a yearRenewal, May 2018: AED 60,000 a yearNew contract, September 2018: AED 50,000 a yearRenewal, September 2019: AED 50,000 a yearNew contract, September 2020: AED 35,000 a yearNew contract, December 2021: AED 33,000 a yearNew contract, December 2023: AED 40,700 a yearRenewal, December 2024: AED 41,047 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Thamam 08, and where 509 sits

All 26 1-beds →

509 last sold in November 2023 at AED 686 per sqft, 12% above what one-beds in Al Thamam 08 were fetching at the time (AED 610). Over the last 12 months one-beds sold for AED 620,000, around AED 924 per sqft, and rent for AED 45,726 to 75,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Dec 2025620,000
7 Nov 2024650,000
4 Jul 2024525,000
30 Oct 2023490,000
1 1-bed sale in the last 12 months

Al Thamam 08

Building

71 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 924
Typical sale
AED 620K
Typical rent
AED 85K /yr
Typical yield
7.0%
Al Thamam 08, Remraam: prices, sales and rents →

Other units on the 5th floor

All 71 units in Al Thamam 08
Value
501AED 525K · Nov 2025
5021-bedAED 775K · May 2015
5031-bedAED 650K · Nov 2024
5042-bedAED 825K · Oct 2024
5051-bedAED 390K · Sep 2022
5061-bedAED 360K · Apr 2021
507AED 900K · Nov 2025
1–7 of 10

509, Al Thamam 08 in numbers

  • Sold 4 times: first on 15 June 2009 for AED 353,274, last on 22 November 2023 for AED 540,000 (AED 686 per sqft).
  • Rented since December 2013 on 9 Ejari contracts. The rent fell from AED 51,000 to AED 33,000 in 2021 and recovered to AED 41,047 by December 2024.
  • At AED 41,047 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 12,600 a year (AED 16.07 per sqft).
  • One-beds in Al Thamam 08 sold for AED 620,000–620,000 in the 12 months to November 2026; the building's median across all types is AED 924 per sqft.

Source: Dubai Land Department. Updated 1 December 2024.

Questions about 509, Al Thamam 08

What did unit 509 last sell for?

AED 540,000 on 22 November 2023: AED 686 per sqft for 787 sqft. The unit has 4 registered sales; the first was AED 353,274 in June 2009.

What is the rent for unit 509?

AED 41,047 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 40,700; the unit has been rented since December 2013.

How big is unit 509?

787 sqft (73.1 sqm): a one-bedroom apartment 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. One-beds in Al Thamam 08 sold for AED 620,000 to 620,000 in the last 12 months, around AED 924 per sqft.

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Mortgage on 509, Al Thamam 08

Starts from the last sale price (AED 540K, 22 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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