509, Al Thamam 63
Sold prices and rental history: sold 4 times, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Al Thamam 63
What is 509 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 468 sqft
- Floor
- 5th of 5
- Parking
- G-74
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,500 /yr
- Last sold
- AED 260K · July 2022
- Building
- Al Thamam 63
About 509, Al Thamam 63
509 is a studio of 468 sqft on the 5th floor of Al Thamam 63, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 7 July 2022 for AED 260,000, or AED 555 per sqft.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 5 August 2024, is AED 40,000 a year: a gross yield of 15.4% on the 2022 price, before the service charge of about AED 7,500 a year.
Sales and rents for 509 over time
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Thamam 63, and where 509 sits
All 3 studios →Over the last 12 months studios sold for AED 430,000, around AED 918 per sqft, and rent for AED 45,000 to 45,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 May 201930 May 2019 | 468 sqft | 325,000 | 693 | ||
| 15 Nov 201515 November 2015 | 468 sqft | 460,000 | 981 | ||
| 9 Dec 20139 December 2013 | 468 sqft | 355,956 | 759 | ||
| 3 Oct 20133 October 2013 | 468 sqft | 353,466 | 754 |
Al Thamam 63
Building48 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 940
- Typical sale
- AED 535K
- Typical rent
- AED 57K /yr
- Typical yield
- 8.0%
Other units on the 5th floor
All 48 units in Al Thamam 63| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 450KAED 450,000 · Apr 2021April 2021 | 47,250 /yr | |
| 502 | 1-bed | 777 sqft | AED 776KAED 775,720 · Mar 2014March 2014 | 47,000 /yr | |
| 503 | 1-bed | 777 sqft | AED 713KAED 713,150 · Jan 2014January 2014 | 50,000 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 920KAED 920,000 · Jul 2024July 2024 | 60,000 /yr | |
| 505 | 2-bed | 1,109 sqft | AED 906KAED 906,000 · Dec 2024December 2024 | 58,300 /yr | |
| 506 | 1-bed | 777 sqft | AED 415KAED 415,000 · Apr 2014April 2014 | 36,000 /yr | |
| 507 | 1-bed | 777 sqft | AED 650KAED 650,000 · Feb 2016February 2016 | 46,200 /yr | |
| 508 | 1-bed | 665 sqft | AED 730KAED 729,600 · Mar 2025March 2025 | 39,600 /yr |
509, Al Thamam 63 in numbers
- Sold 4 times: first on 28 July 2013 for AED 358,445, last on 7 July 2022 for AED 260,000 (AED 555 per sqft).
- Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 35,000 to AED 18,000 in 2020 and recovered to AED 40,000 by August 2024.
- At AED 40,000 a year the gross yield on the 2022 price is 15.4%, before a service charge of about AED 7,500 a year (AED 16.07 per sqft).
- Studios in Al Thamam 63 sold for AED 430,000–430,000 in the 12 months to November 2026; the building's median across all types is AED 940 per sqft.
Source: Dubai Land Department. Updated 5 August 2024.
Questions about 509, Al Thamam 63
What did unit 509 last sell for?
AED 260,000 on 7 July 2022: AED 555 per sqft for 468 sqft. The unit has 4 registered sales; the first was AED 358,445 in July 2013.
What is the rent for unit 509?
AED 40,000 a year on the contract signed on 5 August 2024. The previous contract, from April 2024, was AED 38,000; the unit has been rented since September 2013.
How big is unit 509?
468 sqft (43.5 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. Studios in Al Thamam 63 sold for AED 430,000 to 430,000 in the last 12 months, around AED 918 per sqft.
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.
Mortgage on 509, Al Thamam 63
Starts from the last sale price (AED 260K, 7 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 260,000
- Deposit, UAE resident (20%)
- AED 52,000
- Deposit, non-resident (40%)
- AED 104,000
- Monthly over 25 years at 3.7%
- AED 1,064
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →