
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.
Property timeline for 209, Al Thamam 55
What is 209 worth today?
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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
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Apr 202319 April 2023 | 401 sqft | 285,000 | 710 | ||
| 14 Mar 202114 March 2021 | 401 sqft | 270,000 | 673 | ||
| 21 Sep 202021 September 2020 | 401 sqft | 205,000 | 511 | ||
| 20 Jul 201720 July 2017 | 401 sqft | 351,642 | 876 |
Al Thamam 55
Building47 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%
Other units on the 2nd floor
All 47 units in Al Thamam 55| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 668 sqft | AED 301KAED 301,037 · Jun 2015June 2015 | 45,150 /yr | |
| 202 | 2-bed | 1,501 sqft | AED 1.26MAED 1,260,000 · Aug 2015August 2015 | 93,000 /yr | |
| 203 | 2-bed | 1,501 sqft | AED 1.3MAED 1,300,000 · Jun 2014June 2014 | 57,000 /yr | |
| 204 | 2-bed | 1,009 sqft | AED 305KAED 305,000 · Nov 2021November 2021 | 52,000 /yr | |
| 205 | 2-bed | 1,009 sqft | AED 550KAED 550,000 · Feb 2021February 2021 | 55,000 /yr | |
| 206 | 2-bed | 1,501 sqft | AED 640KAED 640,000 · Nov 2020November 2020 | 66,000 /yr | |
| 207 | 2-bed | 1,501 sqft | AED 860KAED 860,000 · Sep 2022September 2022 | 95,000 /yr | |
| 208 | 1-bed | 669 sqft | AED 501KAED 500,945 · Sep 2014September 2014 | 47,000 /yr |
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 →