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.
Property timeline for 309, Al Thamam 24
What is 309 worth today?
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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
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Nov 202225 November 2022 | 468 sqft | 250,000 | 533 | ||
| 22 Oct 201522 October 2015 | 468 sqft | 536,000 | 1,144 | ||
| 19 Jan 201419 January 2014 | 468 sqft | 455,000 | 971 | ||
| 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. 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%
Other units on the 3rd floor
All 57 units in Al Thamam 24| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 665 sqft | AED 605KAED 605,375 · Oct 2012October 2012 | 50,698 /yr | |
| 302 | 2-bed | 1,149 sqft | AED 950KAED 950,000 · Oct 2023October 2023 | 75,000 /yr | |
| 303 | 2-bed | 1,161 sqft | AED 1.34MAED 1,338,000 · Apr 2025April 2025 | 55,786 /yr | |
| 304 | 2-bed | 1,005 sqft | AED 473KAED 472,720 · Oct 2012October 2012 | 60,000 /yr | |
| 305 | 2-bed | 1,005 sqft | AED 950KAED 950,000 · Jan 2017January 2017 | 85,000 /yr | |
| 306 | 2-bed | 1,161 sqft | AED 1.06MAED 1,060,000 · Oct 2016October 2016 | 85,000 /yr | |
| 307 | 2-bed | 1,149 sqft | AED 770KAED 770,000 · May 2023May 2023 | 62,000 /yr | |
| 308 | 1-bed | 689 sqft | AED 301KAED 300,872 · Jun 2013June 2013 | 55,000 /yr |
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 →