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Studio · 493 sqftAl Thamam 18, Remraam · 5th floor · completed 2011

510, Al Thamam 18

Sold prices and rental history: sold 4 times, last in July 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 22 February 2024
Last soldAED 360K20 July 2023
Current rentAED 35K /yr22 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 510, Al Thamam 18

What is 510 worth today?

Last sold for AED 360,000 in 2023

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22 Feb 2024RentedNew contract
AED 35,000/yr12 months · AED 71 per sqft
20 Jul 2023SoldReady
AED 360,000AED 729 per sqft
24 Feb 2023SoldReady
AED 330,000AED 668 per sqft
22 Feb 2023RentedNew contract
AED 35,000/yr12 months · AED 71 per sqft
2 Oct 2013SoldReady
AED 443,940AED 899 per sqft
31 Mar 2009Sold by developerOff-plan
AED 441,000AED 893 per sqft

Source: Dubai Land Department. Updated 22 February 2024.

Key facts

Type
Studio apartment
Size
493 sqft
Floor
5th of 5
Parking
G-111
Developer
Remraam
Completed
2011
Service charge
AED 7,900 /yr
Last sold
AED 360K · July 2023
Building
Al Thamam 18

About 510, Al Thamam 18

510 is a studio of 493 sqft on the 5th floor of Al Thamam 18, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 20 July 2023 for AED 360,000, or AED 729 per sqft, 9% above the AED 668 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 22 February 2024, is AED 35,000 a year: a gross yield of 9.7% on the 2023 price, before the service charge of about AED 7,900 a year.

Sales and rents for 510 over time

Sales
Unit 510, each saleTypical studio in Al Thamam 18
400K2009201320172021Typical sale price by year: 2009 AED 432,000; 2013 AED 379,349; 2014 AED 381,659; 2023 AED 350,000Sold by developer, March 2009: AED 441,000 (AED 893 per sqft)Sold, October 2013: AED 443,940 (AED 899 per sqft)Sold, February 2023: AED 330,000 (AED 668 per sqft)Sold, July 2023: AED 360,000 (AED 729 per sqft)

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

Rents
Unit 510, each contractTypical studio in Al Thamam 18
20K40K20142017202020232026Typical rent by year: 2014 AED 42,500; 2015 AED 45,000; 2016 AED 47,500; 2017 AED 45,000; 2018 AED 43,000; 2020 AED 26,500; 2021 AED 23,000; 2022 AED 24,500; 2023 AED 30,000; 2024 AED 35,000; 2025 AED 40,000New contract, February 2023: AED 35,000 a yearNew contract, February 2024: AED 35,000 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 18, and where 510 sits

All 13 studios →

510 last sold in July 2023 at AED 729 per sqft, 9% above what studios in Al Thamam 18 were fetching at the time (AED 668).

Recent studio salesUnit no.Price (AED)Summary
18 Nov 2024380,000
15 Jun 2023350,000
26 Oct 2022400,000
9 Aug 2022300,000
0 studio sales in the last 12 months

Al Thamam 18

Building

58 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 1,013
Typical sale
AED 1.01M
Typical rent
AED 48K /yr
Typical yield
6.2%
Al Thamam 18, Remraam: prices, sales and rents →

Other units on the 5th floor

All 58 units in Al Thamam 18
Value
501StudioAED 350K · Jun 2023
5021-bedAED 660K · Apr 2018
5031-bedAED 776K · Feb 2014
5042-bedAED 575K · Jul 2021
5051-bedAED 730K · Apr 2014
5061-bedAED 635K · Jan 2016
5072-bedAED 950K · Jun 2025
1–7 of 10

510, Al Thamam 18 in numbers

  • Sold 4 times: first on 31 March 2009 for AED 441,000, last on 20 July 2023 for AED 360,000 (AED 729 per sqft).
  • Rented since February 2023 on 2 Ejari contracts, at AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2023 price is 9.7%, before a service charge of about AED 7,900 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 22 February 2024.

Questions about 510, Al Thamam 18

What did unit 510 last sell for?

AED 360,000 on 20 July 2023: AED 729 per sqft for 493 sqft. The unit has 4 registered sales; the first was AED 441,000 in March 2009.

What is the rent for unit 510?

AED 35,000 a year on the contract signed on 22 February 2024. The previous contract, from February 2023, was AED 35,000.

How big is unit 510?

493 sqft (45.8 sqm): a studio on the 5th floor of a 5-storey tower completed in 2011.

What is unit 510 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 510, Al Thamam 18

Starts from the last sale price (AED 360K, 20 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

Plus AED 18,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →