Unit 409, DMS Building: what it sold for and what it is worth now

Unit 409 at DMS Building is a 2 bed of 1,565 sq ft. It last sold for AED 1,298,605 on 16 Mar 2023. At AED 1,583 per sq ft, from 10 sales in the building in the last 12 months, it is worth about AED 2,477,000 today.

Value todayAED 2,477,000AED 2,460,000 to AED 2,766,000
Last saleAED 1,298,60516 Mar 2023 · Resale
Change since last sale+90.7%Building trend alone: AED 2,475,619
Rent (median asking, 2 bed)AED 120,000Gross yield 4.8%
Bedrooms2 bed
Size1,565 sq ft
Floor4 (from the unit number)
Position in the towerStack 09: units ending 09 share the same layout and view
BuildingDMS Building by Al Nakhlat Al Thalath Real Estate, handed over 2020
Registered sales of this unit1

Every registered sale of unit 409

DatePriceSizeAED/sq ftType
16 Mar 2023AED 1,298,6051,565 sq ft830Resale

Units ending 09 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
2099 Jun 2025AED 815,857467 sq ft1,747Resale
30916 Mar 2023AED 387,759467 sq ft830Resale
20916 Mar 2023AED 447,448467 sq ft958Resale
10916 Mar 2023AED 577,842696 sq ft830Resale

Latest 2 bed sales in DMS Building

UnitDatePriceSizeAED/sq ftType
41117 Mar 2025AED 1,500,0001,588 sq ft945Resale
41016 Mar 2023AED 1,183,3851,728 sq ft685Resale
41216 Mar 2023AED 1,274,2151,838 sq ft693Resale
41116 Mar 2023AED 1,112,2831,588 sq ft700Resale

How we worked out the value

We took the 10 sales in DMS Building in the last 12 months, worked out the price per sq ft of each, and used the middle value (AED 1,583). We multiplied it by the size of this unit (1,565 sq ft). The range uses the middle half of those sales (AED 1,572 to AED 1,767 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,475,619. Floor, view, condition and upgrades can move the price either way. Sales data to 5 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 409 at DMS Building worth?

About AED 2,477,000 (range AED 2,460,000 to AED 2,766,000), based on AED 1,583 per sq ft from registered sales up to 5 Aug 2026.

When did unit 409 last sell?

16 Mar 2023, for AED 1,298,605 (resale). It has 1 registered sale.

What rent can unit 409 make?

A 2 bed in DMS Building rents for about AED 120,000 a year (median asking rent). That is a gross yield of 4.8% on the estimate.

Sales alert for DMS BuildingAll sales in DMS Building

Unit 408 · Unit 410