Studio · 193 sqftAl Thamam 59, Remraam · 2nd floor · completed 2011

209, Al Thamam 59

Sold prices and rental history: sold twice, last in November 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 29 December 2024
Last soldAED 140K13 November 2019
Current rentAED 37K /yr29 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Al Thamam 59

What is 209 worth today?

Last sold for AED 140,000 in 2019

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29 Dec 2024RentedRenewal
AED 36,600/yr24 months · AED 95 per sqft
29 Dec 2023RentedRenewal
AED 33,000/yr12 months · AED 85 per sqft
29 Dec 2022RentedNew contract
AED 30,000/yr12 months · AED 78 per sqft
16 Nov 2021RentedNew contract
AED 24,999/yr12 months · AED 65 per sqft
27 Nov 2020RentedNew contract
AED 24,002/yr13 months · AED 62 per sqft
13 Mar 2020RentedNew contract
AED 27,250/yr12 months · AED 70 per sqft
13 Nov 2019SoldReady
AED 140,000AED 723 per sqft
19 Sep 2019Sold by developerReady
AED 280,000AED 723 per sqft

Source: Dubai Land Department. Updated 29 December 2024.

Key facts

Type
Studio apartment
Size
193 sqft
Floor
2nd of 5
Parking
G-47
Developer
Remraam
Completed
2011
Service charge
AED 3,100 /yr
Last sold
AED 140K · November 2019
Building
Al Thamam 59

About 209, Al Thamam 59

209 is a studio of 193 sqft on the 2nd floor of Al Thamam 59, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 13 November 2019 for AED 140,000, or AED 723 per sqft.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 29 December 2024, is AED 36,600 a year: a gross yield of 26.1% on the 2019 price, before the service charge of about AED 3,100 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical studio in Al Thamam 59
200K400K2009201220152018Typical sale price by year: 2009 AED 368,225; 2014 AED 362,880Sold by developer, September 2019: AED 280,000 (AED 723 per sqft)Sold, November 2019: AED 140,000 (AED 723 per sqft)

209 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 209, each contractTypical studio in Al Thamam 59
30K40K20152018202120242027Typical rent by year: 2016 AED 41,768; 2018 AED 36,500; 2019 AED 30,000; 2020 AED 24,000; 2021 AED 24,000; 2023 AED 30,400; 2024 AED 36,600; 2025 AED 40,000; 2026 AED 38,000New contract, February 2015: AED 45,000 a yearNew contract, March 2019: AED 30,000 a yearNew contract, March 2020: AED 27,250 a yearNew contract, November 2020: AED 24,002 a yearNew contract, November 2021: AED 24,999 a yearNew contract, December 2022: AED 30,000 a yearRenewal, December 2023: AED 33,000 a yearRenewal, December 2024: AED 36,600 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 59, and where 209 sits

All 4 studios →

209's AED 36,600 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Apr 2017420,000
29 Apr 2014480,000
25 Mar 2014362,880
25 Mar 2014360,360
0 studio sales in the last 12 months

Al Thamam 59

Building

48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 880
Typical sale
AED 1.01M
Typical rent
AED 49K /yr
Typical yield
8.8%
Al Thamam 59, Remraam: prices, sales and rents →

Other units on the 2nd floor

All 48 units in Al Thamam 59
Value
2011-bedAED 430K · Jun 2024
2022-bedAED 1.15M · Apr 2025
2032-bedAED 940K · Jun 2018
2042-bedAED 753K · Oct 2014
2052-bedAED 395K · Dec 2013
2062-bedAED 596K · Apr 2015
2072-bedAED 1.25M · Sep 2025
1–7 of 8

209, Al Thamam 59 in numbers

  • Sold twice: first on 19 September 2019 for AED 280,000, last on 13 November 2019 for AED 140,000 (AED 723 per sqft).
  • Rented since February 2015 on 8 Ejari contracts. The rent fell from AED 45,000 to AED 24,002 in 2020 and recovered to AED 36,600 by December 2024.
  • At AED 36,600 a year the gross yield on the 2019 price is 26.1%, before a service charge of about AED 3,100 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 29 December 2024.

Questions about 209, Al Thamam 59

What did unit 209 last sell for?

AED 140,000 on 13 November 2019: AED 723 per sqft for 193 sqft. The unit has 2 registered sales; the first was AED 280,000 in September 2019.

What is the rent for unit 209?

AED 36,600 a year on the contract renewed on 29 December 2024. The previous contract, from December 2023, was AED 33,000; the unit has been rented since February 2015.

How big is unit 209?

193 sqft (17.9 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 59

Starts from the last sale price (AED 140K, 13 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 140,000
Deposit, UAE resident (20%)
AED 28,000
Deposit, non-resident (40%)
AED 56,000
Monthly over 25 years at 3.7%
AED 573

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