Unit 409, Tasmeer Residence: what it sold for and what it is worth now

Unit 409 at Tasmeer Residence is a 2 bed of 1,695 sq ft. It last sold for AED 826,600 on 28 Nov 2021. At AED 549 per sq ft, from 3 sales of units ending 09 (same position in the tower), it is worth about AED 930,000 today.

Value todayAED 930,000AED 878,000 to AED 1,032,000
Last saleAED 826,60028 Nov 2021 · Resale
Change since last sale+12.5%Building trend alone: AED 826,185
Bedrooms2 bed
Size1,695 sq ft
Floor4 (from the unit number)
Position in the towerStack 09: units ending 09 share the same layout and view
BuildingTasmeer Residence by Tasmeer Development, handed over 2018
Registered sales of this unit1

Every registered sale of unit 409

DatePriceSizeAED/sq ftType
28 Nov 2021AED 826,6001,695 sq ft488Resale

Units ending 09 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10922 Feb 2022AED 267,245487 sq ft549Resale
30925 Nov 2021AED 326,000487 sq ft669Resale

Latest 2 bed sales in Tasmeer Residence

UnitDatePriceSizeAED/sq ftType
22122 Feb 2022AED 677,6321,234 sq ft549Resale

How we worked out the value

We took the 3 resale sales of units ending 09 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 549). We multiplied it by the size of this unit (1,695 sq ft). The range uses the middle half of those sales (AED 518 to AED 609 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 826,185. Floor, view, condition and upgrades can move the price either way. Sales data to 6 Jun 2022, from the Dubai Land Department register.

Questions

What is unit 409 at Tasmeer Residence worth?

About AED 930,000 (range AED 878,000 to AED 1,032,000), based on AED 549 per sq ft from registered sales up to 6 Jun 2022.

When did unit 409 last sell?

28 Nov 2021, for AED 826,600 (resale). It has 1 registered sale.

Sales alert for Tasmeer ResidenceAll sales in Tasmeer Residence

Unit 407 · Unit 410