Studio · 401 sqftAl Thamam 55, Remraam · 2nd floor · completed 2011

209, Al Thamam 55

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 301K8 September 2015
Current rentAED 30K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Al Thamam 55

What is 209 worth today?

Last sold for AED 300,600 in 2015

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1 Jun 2023RentedNew contract
AED 30,000/yr12 months · AED 75 per sqft
21 Jan 2021RentedNew contract
AED 20,000/yr12 months · AED 50 per sqft
26 Aug 2019RentedNew contract
AED 30,000/yr12 months · AED 75 per sqft
1 Jun 2018RentedRenewal
AED 45,000/yr12 months · AED 113 per sqft
1 Jun 2017RentedRenewal
AED 45,000/yr12 months · AED 113 per sqft
1 Jun 2016RentedNew contract
AED 45,000/yr12 months · AED 113 per sqft
8 Sep 2015Sold by developerReady
AED 300,600AED 749 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
2nd of 5
Parking
G-47
Developer
Remraam
Completed
2011
Service charge
AED 6,400 /yr
Last sold
AED 301K · September 2015
Building
Al Thamam 55

About 209, Al Thamam 55

209 is a studio of 401 sqft on the 2nd floor of Al Thamam 55, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 8 September 2015 for AED 300,600, or AED 749 per sqft.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 1 June 2023, is AED 30,000 a year: a gross yield of 10.0% on the 2015 price, before the service charge of about AED 6,400 a year.

Sales and rents for 209 over time

Rents
Unit 209, each contractTypical studio in Al Thamam 55
20K40K2016201920222025Typical rent by year: 2019 AED 30,000; 2026 AED 34,650New contract, June 2016: AED 45,000 a yearRenewal, June 2017: AED 45,000 a yearRenewal, June 2018: AED 45,000 a yearNew contract, August 2019: AED 30,000 a yearNew contract, January 2021: AED 20,000 a yearNew contract, June 2023: AED 30,000 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 55, and where 209 sits

All 4 studios →

209's AED 30,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
19 Apr 2023285,000
14 Mar 2021270,000
21 Sep 2020205,000
20 Jul 2017351,642
0 studio sales in the last 12 months

Al Thamam 55

Building

47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 3 sold in the last 12 months.

Typical price per sqft
AED 792
Typical sale
AED 645K
Typical rent
AED 52K /yr
Typical yield
8.7%
Al Thamam 55, Remraam: prices, sales and rents →

Other units on the 2nd floor

All 47 units in Al Thamam 55
Value
2011-bedAED 301K · Jun 2015
2022-bedAED 1.26M · Aug 2015
2032-bedAED 1.3M · Jun 2014
2042-bedAED 305K · Nov 2021
2052-bedAED 550K · Feb 2021
2062-bedAED 640K · Nov 2020
2072-bedAED 860K · Sep 2022
1–7 of 8

209, Al Thamam 55 in numbers

  • Sold once: by Remraam on 8 September 2015 for AED 300,600, or AED 749 per sqft.
  • Rented since June 2016 on 6 Ejari contracts. The rent fell from AED 45,000 to AED 20,000 in 2021 and recovered to AED 30,000 by June 2023.
  • At AED 30,000 a year the gross yield on the 2015 price is 10.0%, before a service charge of about AED 6,400 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 1 June 2023.

Questions about 209, Al Thamam 55

What did unit 209 last sell for?

AED 300,600 on 8 September 2015, sold by the developer: AED 749 per sqft for 401 sqft. It is the only registered sale of the unit.

What is the rent for unit 209?

AED 30,000 a year on the contract signed on 1 June 2023. The previous contract, from January 2021, was AED 20,000; the unit has been rented since June 2016.

How big is unit 209?

401 sqft (37.3 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 55

Starts from the last sale price (AED 301K, 8 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 300,600
Deposit, UAE resident (20%)
AED 60,120
Deposit, non-resident (40%)
AED 120,240
Monthly over 25 years at 3.7%
AED 1,230

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