Studio · 468 sqftAl Thamam 24, Remraam · 3rd floor · completed 2011

309, Al Thamam 24

Sold prices and rental history: sold 4 times, last in July 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 435K11 July 2016
Current rentAED 25K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Al Thamam 24

What is 309 worth today?

Last sold for AED 435,000 in 2016

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1 Sep 2022RentedNew contract
AED 25,000/yr12 months · AED 53 per sqft
8 Feb 2022RentedNew contract
AED 26,000/yr12 months · AED 55 per sqft
20 Jan 2021RentedRenewal
AED 21,000/yr12 months · AED 44 per sqft
20 Jan 2020RentedNew contract
AED 23,000/yr12 months · AED 49 per sqft
10 Dec 2018RentedNew contract
AED 32,000/yr12 months · AED 68 per sqft
11 Jul 2016SoldReady
AED 435,000AED 928 per sqft
1 Jul 2013SoldReady
AED 315,000AED 672 per sqft
12 Jun 2013SoldReady
AED 360,934AED 770 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
Studio apartment
Size
468 sqft
Floor
3rd of 6
Parking
G-105
Developer
Remraam
Completed
2011
Service charge
AED 7,500 /yr
Last sold
AED 435K · July 2016
Building
Al Thamam 24

About 309, Al Thamam 24

309 is a studio of 468 sqft on the 3rd floor of Al Thamam 24, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 11 July 2016 for AED 435,000, or AED 928 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 September 2022, is AED 25,000 a year: a gross yield of 5.8% on the 2016 price, before the service charge of about AED 7,500 a year.

Sales and rents for 309 over time

Rents
Unit 309, each contractTypical studio in Al Thamam 24
20K30K40K20182020202220242026Typical rent by year: 2018 AED 36,000; 2020 AED 23,000; 2021 AED 20,000; 2022 AED 25,500; 2024 AED 34,650; 2025 AED 41,500New contract, December 2018: AED 32,000 a yearNew contract, January 2020: AED 23,000 a yearRenewal, January 2021: AED 21,000 a yearNew contract, February 2022: AED 26,000 a yearNew contract, September 2022: AED 25,000 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 24, and where 309 sits

All 5 studios →

309's AED 25,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
25 Nov 2022250,000
22 Oct 2015536,000
19 Jan 2014455,000
26 Dec 2013365,707
0 studio sales in the last 12 months

Al Thamam 24

Building

57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.

Typical price per sqft
AED 907
Typical sale
AED 1.18M
Typical rent
AED 60K /yr
Typical yield
8.2%
Al Thamam 24, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 57 units in Al Thamam 24
Value
3011-bedAED 605K · Oct 2012
3022-bedAED 950K · Oct 2023
3032-bedAED 1.34M · Apr 2025
3042-bedAED 473K · Oct 2012
3052-bedAED 950K · Jan 2017
3062-bedAED 1.06M · Oct 2016
3072-bedAED 770K · May 2023
1–7 of 8

309, Al Thamam 24 in numbers

  • Sold 4 times: first on 31 March 2009 for AED 426,300, last on 11 July 2016 for AED 435,000 (AED 928 per sqft).
  • Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 32,000 to AED 21,000 in 2021 and recovered to AED 25,000 by September 2022.
  • At AED 25,000 a year the gross yield on the 2016 price is 5.8%, before a service charge of about AED 7,500 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 1 September 2022.

Questions about 309, Al Thamam 24

What did unit 309 last sell for?

AED 435,000 on 11 July 2016: AED 928 per sqft for 468 sqft. The unit has 4 registered sales; the first was AED 426,300 in March 2009.

What is the rent for unit 309?

AED 25,000 a year on the contract signed on 1 September 2022. The previous contract, from February 2022, was AED 26,000; the unit has been rented since December 2018.

How big is unit 309?

468 sqft (43.5 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2011.

What is unit 309 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 309, Al Thamam 24

Starts from the last sale price (AED 435K, 11 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 435,000
Deposit, UAE resident (20%)
AED 87,000
Deposit, non-resident (40%)
AED 174,000
Monthly over 25 years at 3.7%
AED 1,780

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