1-bed · 665 sqftAl Thamam 01, Remraam · 3rd floor · completed 2011

301, Al Thamam 01

Sold prices and rental history: sold 4 times, last in June 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 2 June 2022
Last soldAED 395K2 June 2022
Current rentAED 40K /yr8 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Al Thamam 01

What is 301 worth today?

Last sold for AED 395,000 in 2022

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2 Jun 2022SoldReady
AED 395,000AED 593 per sqft
2 Feb 2021SoldReady
AED 299,311AED 450 per sqft
8 Aug 2020RentedRenewal
AED 40,000/yr13 months · AED 60 per sqft
8 Aug 2019RentedNew contract
AED 40,000/yr12 months · AED 60 per sqft
8 May 2018RentedRenewal
AED 55,000/yr12 months · AED 83 per sqft
8 May 2017RentedRenewal
AED 55,000/yr12 months · AED 83 per sqft
8 May 2016RentedNew contract
AED 55,000/yr12 months · AED 83 per sqft
1 Apr 2015RentedNew contract
AED 53,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 2 June 2022.

Key facts

Type
1-bed apartment
Size
665 sqft
Floor
3rd of 5
Parking
G-113
Developer
Remraam
Completed
2011
Service charge
AED 10,700 /yr
Last sold
AED 395K · June 2022
Building
Al Thamam 01

About 301, Al Thamam 01

301 is a one-bedroom apartment of 665 sqft on the 3rd floor of Al Thamam 01, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 2 June 2022 for AED 395,000, or AED 593 per sqft, 4% above the AED 571 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 8 August 2020, is AED 40,000 a year: a gross yield of 10.1% on the 2022 price, before the service charge of about AED 10,700 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical one-bed in Al Thamam 01
400K600K800K2011201520192023Typical sale price by year: 2011 AED 732,870; 2012 AED 732,870; 2021 AED 341,260; 2022 AED 425,000; 2023 AED 417,500; 2024 AED 655,000Sold by developer, December 2011: AED 639,920 (AED 962 per sqft)Sold, August 2012: AED 639,920 (AED 962 per sqft)Sold, February 2021: AED 299,311 (AED 450 per sqft)Sold, June 2022: AED 395,000 (AED 593 per sqft)

301 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 301, each contractTypical one-bed in Al Thamam 01
40K2012201620202024Typical rent by year: 2012 AED 33,000; 2013 AED 33,000; 2014 AED 37,950; 2015 AED 43,010; 2016 AED 48,504; 2017 AED 53,000; 2018 AED 51,545; 2019 AED 43,000; 2020 AED 40,000; 2021 AED 35,500; 2022 AED 41,500; 2023 AED 42,000; 2024 AED 48,000; 2025 AED 44,500; 2026 AED 55,000New contract, February 2013: AED 30,000 a yearRenewal, February 2014: AED 31,600 a yearNew contract, April 2015: AED 53,000 a yearNew contract, May 2016: AED 55,000 a yearRenewal, May 2017: AED 55,000 a yearRenewal, May 2018: AED 55,000 a yearNew contract, August 2019: AED 40,000 a yearRenewal, August 2020: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Thamam 01, and where 301 sits

All 22 1-beds →

301 last sold in June 2022 at AED 593 per sqft, 4% above what one-beds in Al Thamam 01 were fetching at the time (AED 571). Over the last 12 months one-beds sold for AED 670,000, around AED 883 per sqft, and rent for AED 24,000 to 60,000 a year. 301's AED 40,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jun 2026670,000
23 Apr 2025600,000
4 Jan 2025635,000
5 Sep 2024675,000
1 1-bed sale in the last 12 months

Al Thamam 01

Building

48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.

Typical price per sqft
AED 1,061
Typical sale
AED 855K
Typical rent
AED 70K /yr
Typical yield
7.3%
Al Thamam 01, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 48 units in Al Thamam 01
Value
3021-bedAED 630K · Mar 2024
3031-bedAED 565K · Mar 2023
3042-bedAED 630K · Jan 2022
3052-bedAED 600K · Feb 2022
3061-bedAED 555K · May 2023
3071-bedAED 600K · Feb 2022
3081-bedAED 380K · Mar 2023
1–7 of 8

301, Al Thamam 01 in numbers

  • Sold 4 times: first on 6 December 2011 for AED 639,920, last on 2 June 2022 for AED 395,000 (AED 593 per sqft).
  • Rented since February 2013 on 8 Ejari contracts, from AED 30,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2022 price is 10.1%, before a service charge of about AED 10,700 a year (AED 16.07 per sqft).
  • One-beds in Al Thamam 01 sold for AED 670,000–670,000 in the 12 months to November 2026; the building's median across all types is AED 1,061 per sqft.

Source: Dubai Land Department. Updated 2 June 2022.

Questions about 301, Al Thamam 01

What did unit 301 last sell for?

AED 395,000 on 2 June 2022: AED 593 per sqft for 665 sqft. The unit has 4 registered sales; the first was AED 639,920 in December 2011.

What is the rent for unit 301?

AED 40,000 a year on the contract renewed on 8 August 2020. The previous contract, from August 2019, was AED 40,000; the unit has been rented since February 2013.

How big is unit 301?

665 sqft (61.8 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2011.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Thamam 01 sold for AED 670,000 to 670,000 in the last 12 months, around AED 883 per sqft.

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Mortgage on 301, Al Thamam 01

Starts from the last sale price (AED 395K, 2 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 395,000
Deposit, UAE resident (20%)
AED 79,000
Deposit, non-resident (40%)
AED 158,000
Monthly over 25 years at 3.7%
AED 1,616

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