Home
Dubai prices
About
Research
1-bed · 787 sqftAl Thamam 16, Remraam · 5th floor · completed 2011

509, Al Thamam 16

Sold prices and rental history: sold twice, last in July 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 February 2025
Last soldAED 510K17 July 2023
Current rentAED 46K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 509

Property timeline for 509, Al Thamam 16

What is 509 worth today?

Last sold for AED 510,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Feb 2025RentedRenewal
AED 46,200/yr12 months · AED 59 per sqft
1 Feb 2024RentedNew contract
AED 44,000/yr12 months · AED 56 per sqft
17 Jul 2023SoldReady
AED 510,000AED 648 per sqft
1 Feb 2023RentedRenewal
AED 39,675/yr12 months · AED 50 per sqft
1 Feb 2022RentedRenewal
AED 34,500/yr12 months · AED 44 per sqft
15 Jun 2020RentedRenewal
AED 40,000/yr6 months · AED 51 per sqft
15 Jun 2019RentedRenewal
AED 45,000/yr12 months · AED 57 per sqft
15 Jun 2018RentedRenewal
AED 59,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
1-bed apartment
Size
787 sqft
Floor
5th of 5
Parking
G-120
Developer
Remraam
Completed
2011
Service charge
AED 12,600 /yr
Last sold
AED 510K · July 2023
Building
Al Thamam 16

About 509, Al Thamam 16

509 is a one-bedroom apartment of 787 sqft on the 5th floor of Al Thamam 16, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 17 July 2023 for AED 510,000, or AED 648 per sqft, 6% above the AED 610 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 46,200 a year: a gross yield of 9.1% 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 16
400K600K800K2012201620202024Typical sale price by year: 2012 AED 634,375; 2013 AED 684,745; 2014 AED 788,515; 2021 AED 370,000; 2022 AED 420,000; 2023 AED 465,000; 2024 AED 590,000Sold by developer, March 2013: AED 797,040 (AED 1,013 per sqft)Sold, July 2023: AED 510,000 (AED 648 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in Al Thamam 16
40K60K2013201720212025Typical rent by year: 2013 AED 43,000; 2014 AED 50,000; 2015 AED 49,612; 2016 AED 60,000; 2017 AED 58,000; 2018 AED 55,000; 2019 AED 45,000; 2020 AED 40,000; 2021 AED 34,000; 2022 AED 36,000; 2023 AED 40,000; 2024 AED 47,000; 2025 AED 54,661New contract, June 2013: AED 45,000 a yearNew contract, June 2013: AED 45,000 a yearNew contract, June 2015: AED 49,612 a yearNew contract, June 2016: AED 63,500 a yearNew contract, June 2017: AED 63,500 a yearRenewal, June 2018: AED 59,000 a yearRenewal, June 2019: AED 45,000 a yearRenewal, June 2020: AED 40,000 a yearRenewal, February 2022: AED 34,500 a yearRenewal, February 2023: AED 39,675 a yearNew contract, February 2024: AED 44,000 a yearRenewal, February 2025: AED 46,200 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 16, and where 509 sits

All 23 1-beds →

509 last sold in July 2023 at AED 648 per sqft, 6% above what one-beds in Al Thamam 16 were fetching at the time (AED 610).

Recent 1-bed salesUnit no.Price (AED)Summary
7 Jan 2025750,000
6 Dec 2024680,000
11 Nov 2024510,000
2 Oct 2024670,000
0 1-bed sales in the last 12 months

Al Thamam 16

Building

60 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 61K /yr
Typical yield
Al Thamam 16, Remraam: prices, sales and rents →

Other units on the 5th floor

All 60 units in Al Thamam 16
Value
501StudioAED 492K · Apr 2013
502AED 415K · Nov 2020
5031-bedAED 470K · May 2022
5042-bedAED 730K · May 2013
5051-bedAED 694K · Apr 2013
5061-bedAED 375K · Mar 2021
5072-bedAED 950K · Nov 2024
1–7 of 10

509, Al Thamam 16 in numbers

  • Sold twice: first on 7 March 2013 for AED 797,040, last on 17 July 2023 for AED 510,000 (AED 648 per sqft).
  • Rented since June 2013 on 12 Ejari contracts. The rent fell from AED 45,000 to AED 34,500 in 2022 and recovered to AED 46,200 by February 2025.
  • At AED 46,200 a year the gross yield on the 2023 price is 9.1%, before a service charge of about AED 12,600 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 1 February 2025.

Questions about 509, Al Thamam 16

What did unit 509 last sell for?

AED 510,000 on 17 July 2023: AED 648 per sqft for 787 sqft. The unit has 2 registered sales; the first was AED 797,040 in March 2013.

What is the rent for unit 509?

AED 46,200 a year on the contract renewed on 1 February 2025. The previous contract, from February 2024, was AED 44,000; the unit has been rented since June 2013.

How big is unit 509?

787 sqft (73.1 sqm): a one-bedroom apartment 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.

Selling 509? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 509, Al Thamam 16

Starts from the last sale price (AED 510K, 17 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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