209, Al Thamam 12
Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 209, Al Thamam 12
What is 209 worth today?
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Source: Dubai Land Department. Updated 27 October 2023.
Key facts
- Type
- Studio apartment
- Size
- 468 sqft
- Floor
- 2nd of 5
- Parking
- G-114
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,500 /yr
- Last sold
- AED 370K · October 2023
- Building
- Al Thamam 12
About 209, Al Thamam 12
209 is a studio of 468 sqft on the 2nd floor of Al Thamam 12, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 27 October 2023 for AED 370,000, or AED 790 per sqft, 32% above the AED 597 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 1 March 2023, is AED 26,000 a year: a gross yield of 7.0% on the 2023 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 12, and where 209 sits
All 4 studios →209 last sold in October 2023 at AED 790 per sqft, 32% above what studios in Al Thamam 12 were fetching at the time (AED 597). 209's AED 26,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Mar 202512 March 2025 | 468 sqft | 410,000 | 875 | ||
| 12 Dec 202312 December 2023 | 468 sqft | 355,000 | 757 | ||
| 21 Nov 202221 November 2022 | 468 sqft | 265,000 | 565 | ||
| 17 Nov 202217 November 2022 | 468 sqft | 280,000 | 597 |
Al Thamam 12
Building47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.
- Typical price per sqft
- AED 848
- Typical sale
- AED 700K
- Typical rent
- AED 61K /yr
- Typical yield
- 8.3%
Other units on the 2nd floor
All 47 units in Al Thamam 12| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 665 sqft | AED 535KAED 535,000 · Jun 2018June 2018 | 55,850 /yr | |
| 202 | 2-bed | 1,498 sqft | AED 1.07MAED 1,070,000 · May 2024May 2024 | 80,000 /yr | |
| 203 | 2-bed | 1,498 sqft | AED 1.07MAED 1,065,000 · Jul 2023July 2023 | 76,000 /yr | |
| 204 | 2-bed | 1,006 sqft | AED 753KAED 753,398 · Mar 2015March 2015 | 64,059 /yr | |
| 205 | 2-bed | 1,006 sqft | AED 720KAED 720,000 · Jul 2023July 2023 | 82,000 /yr | |
| 206 | 2-bed | 1,498 sqft | AED 1.05MAED 1,050,000 · Mar 2024March 2024 | 105,000 /yr | |
| 207 | 2-bed | 1,498 sqft | AED 1.2MAED 1,200,000 · Jan 2025January 2025 | 70,000 /yr | |
| 208 | 1-bed | 689 sqft | AED 450KAED 450,000 · May 2019May 2019 | 48,000 /yr |
209, Al Thamam 12 in numbers
- Sold 3 times: first on 15 July 2009 for AED 414,898, last on 27 October 2023 for AED 370,000 (AED 790 per sqft).
- Rented since March 2014 on 8 Ejari contracts. The rent fell from AED 26,000 to AED 23,000 in 2022 and recovered to AED 26,000 by March 2023.
- At AED 26,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 7,500 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 27 October 2023.
Questions about 209, Al Thamam 12
What did unit 209 last sell for?
AED 370,000 on 27 October 2023: AED 790 per sqft for 468 sqft. The unit has 3 registered sales; the first was AED 414,898 in July 2009.
What is the rent for unit 209?
AED 26,000 a year on the contract signed on 1 March 2023. The previous contract, from March 2022, was AED 23,000; the unit has been rented since March 2014.
How big is unit 209?
468 sqft (43.5 sqm): a studio on the 2nd floor of a 5-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 12
Starts from the last sale price (AED 370K, 27 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 370,000
- Deposit, UAE resident (20%)
- AED 74,000
- Deposit, non-resident (40%)
- AED 148,000
- Monthly over 25 years at 3.7%
- AED 1,514
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →