Al Thamam 24
A 1 bed in Al Thamam 24 costs a median AED 650,000, rents long-let for AED 58,000/yr (8.85% gross), and returns 17.62% short-let at the assumed 80% occupancy — +0.0 pts vs Remraam's 8.85% and +1.9 pts vs Dubai's 6.97% — from 9 sales and 810 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 1 bed
- 1 in 12 months
- Rental contracts · 1 bed
- 398 in 12 months
- Buy
- 650,000AED
- AED 835/sqft
- Long-let
- 8.85%
- AED 58,000/yr
- Short-let
- 17.62%
- AED 517/night · 0.66/sqft
Priced off the last 5 sales — most recent June 2026.
- Yield spread
- +0.0 pts
- vs the Remraam median for this unit type
- Turnover upside
- +22.8%
- new tenants pay more than sitting ones — 1149 renewals
- AED/yr/sqft
- AED 77
- Sales
- 9
- Rental contracts
- 810
- Renewal rent
- AED 47,250/yr
- 12 months
- +14.2%
Based on 9 sales and 810 rental contracts in the last 24 months. Rental data covers the whole Remraam project, not this tower alone.
Al Thamam 24 is an apartment building in Remraam, Dubai, one of the towers in the Remraam development. The nearest landmark Motor City. Land Department records for it run from 2015 to 2026, 130 registered sales in all — the 9 in the last 24 months are what every median above is computed from.
Price history
Every recorded sale in Al Thamam 24, by year.
Chart data: Jan 2015, 731 AED/sqft; latest, Jun 2026, 907 AED/sqft; peak, Nov 2025, 956 AED/sqft.
Yield by bedroom type
Deltas compare each yield with the Remraam median for the same unit type. How these yields are computed
How these yields are computed
- 3 bed: Priced off the last 5 sales — most recent October 2024.
Short-let rates around Al Thamam 24
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Off-plan vs resale
Units sold off-plan in Al Thamam 24 between 2009 and 2010 went for a median of AED 870/sqft (AED 933,000). The same building resells today at AED 864/sqft (AED 775,000) — an uplift of -16.9%.
Based on 43 off-plan sales across the building's full history.
Why this uses the full history
Recent transactions
As filed with the Land Department — data to 2026-08-26.
6 resales in the last 12 months, against 8 a year on average over 2023–2025.
Sales
1 resales in the last 3 months.
Rental contracts
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
Nearby
- Landmark
- Motor City
Compare with nearby buildings
The most-traded buildings in Remraam, on the same figures over the same window.
- Highest rental yields in Remraam · Al Thamam 24 places 57th of 60
- Al Ramth 59 · 5.59%
- Al Thamam 9 · 8.45%
- Al Ramth 57 · 3.02%
- Al Thamam 13 · 6.12%
- Al Thamam 20 · 7.50%
- Al Ramth 23 · 8.57%
- Al Thamam 49 · 9.52%
- Al Thamam 8 · 9.16%
Common questions
- What is the rental yield in Al Thamam 24?
- Al Thamam 24 returns 8.85% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 810 rental contracts registered in the last 24 months.
- How much does a 1 bedroom in Al Thamam 24 cost?
- The median registered sale price is AED 650,000 (835 AED/sqft), from 9 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- Have prices in Al Thamam 24 risen or fallen?
- Median price per square foot moved +14.2% over the last 12 months against the 12 before it, on 9 registered sales. On a sample this size, read the direction rather than the exact figure.
- Does Al Thamam 24 earn more short-let than long-let?
- A night asks a median of AED 517, which models to 17.62% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 8.85% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.
- Do new tenants in Al Thamam 24 pay more than sitting ones?
- A new tenant pays +22.8% against a renewing one, across 1,149 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.
Al Thamam 24 sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 9 registered sales in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/remraam/al-thamam-24
Cite as: Dubai Wealth Index. “Al Thamam 24 sale prices and yield.” Remraam, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/remraam/al-thamam-24.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.