209, Al Thamam 24
Sold prices and rental history: sold 3 times, last in January 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 209, Al Thamam 24
What is 209 worth today?
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Source: Dubai Land Department. Updated 18 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 468 sqft
- Floor
- 2nd of 6
- Parking
- G-114
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,500 /yr
- Last sold
- AED 455K · January 2014
- Building
- Al Thamam 24
About 209, Al Thamam 24
209 is a studio of 468 sqft on the 2nd floor of Al Thamam 24, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 19 January 2014 for AED 455,000, or AED 971 per sqft, 25% above the AED 776 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 18 October 2024, is AED 33,600 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 7,500 a year.
Sales and rents for 209 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 24, and where 209 sits
All 5 studios →209 last sold in January 2014 at AED 971 per sqft, 25% above what studios in Al Thamam 24 were fetching at the time (AED 776).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Nov 202225 November 2022 | 468 sqft | 250,000 | 533 | ||
| 11 Jul 201611 July 2016 | 468 sqft | 435,000 | 928 | ||
| 22 Oct 201522 October 2015 | 468 sqft | 536,000 | 1,144 | ||
| 26 Dec 201326 December 2013 | 468 sqft | 365,707 | 781 |
Al Thamam 24
Building57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 3 sold in the last 12 months.
- Typical price per sqft
- AED 874
- Typical sale
- AED 1.3M
- Typical rent
- AED 61K /yr
- Typical yield
- 9.1%
Other units on the 2nd floor
All 57 units in Al Thamam 24| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 665 sqft | AED 500KAED 500,000 · Mar 2024March 2024 | 56,000 /yr | |
| 202 | 2-bed | 1,498 sqft | AED 1.3MAED 1,300,000 · Jan 2026January 2026 | 55,000 /yr | |
| 203 | 2-bed | 1,498 sqft | AED 760KAED 760,000 · Feb 2023February 2023 | 75,000 /yr | |
| 204 | 2-bed | 1,005 sqft | AED 804KAED 804,171 · Apr 2014April 2014 | 63,000 /yr | |
| 205 | 2-bed | 1,005 sqft | AED 1.05MAED 1,050,000 · Jan 2026January 2026 | 48,000 /yr | |
| 206 | 2-bed | 751 sqft | AED 650KAED 650,000 · Jan 2015January 2015 | 78,750 /yr | |
| 207 | 2-bed | 1,498 sqft | AED 1.31MAED 1,310,000 · Feb 2026February 2026 | 88,000 /yr | |
| 208 | 1-bed | 689 sqft | AED 575KAED 575,000 · Oct 2024October 2024 | 60,000 /yr |
209, Al Thamam 24 in numbers
- Sold 3 times: first on 31 March 2009 for AED 423,360, last on 19 January 2014 for AED 455,000 (AED 971 per sqft).
- Rented since July 2015 on 9 Ejari contracts. The rent fell from AED 42,000 to AED 20,000 in 2021 and recovered to AED 33,600 by October 2024.
- At AED 33,600 a year the gross yield on the 2014 price is 7.4%, before a service charge of about AED 7,500 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 18 October 2024.
Questions about 209, Al Thamam 24
What did unit 209 last sell for?
AED 455,000 on 19 January 2014: AED 971 per sqft for 468 sqft. The unit has 3 registered sales; the first was AED 423,360 in March 2009.
What is the rent for unit 209?
AED 33,600 a year on the contract signed on 18 October 2024. The previous contract, from October 2023, was AED 32,000; the unit has been rented since July 2015.
How big is unit 209?
468 sqft (43.5 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2011.
What is unit 209 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 209, Al Thamam 24
Starts from the last sale price (AED 455K, 19 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 455,000
- Deposit, UAE resident (20%)
- AED 91,000
- Deposit, non-resident (40%)
- AED 182,000
- Monthly over 25 years at 3.7%
- AED 1,862
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →