1-bed · 1,160 sqftAl Thamam 01, Remraam · 3rd floor · completed 2011

302, Al Thamam 01

Sold prices and rental history: sold 4 times, last in March 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 630K27 March 2024
Current rentAED 62K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Al Thamam 01

What is 302 worth today?

Last sold for AED 630,000 in 2024

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1 Nov 2024RentedNew contract
AED 62,000/yr12 months · AED 53 per sqft
27 Mar 2024SoldReady
AED 630,000AED 543 per sqft
24 Feb 2024RentedNew contract
AED 60,000/yr12 months · AED 52 per sqft
10 Jan 2023RentedRenewal
AED 44,000/yr12 months · AED 38 per sqft
10 Dec 2021RentedRenewal
AED 40,000/yr13 months · AED 34 per sqft
2 Feb 2021SoldReady
AED 521,893AED 450 per sqft
10 Dec 2020RentedRenewal
AED 40,000/yr12 months · AED 34 per sqft
10 Dec 2019RentedNew contract
AED 43,000/yr12 months · AED 37 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
1,160 sqft
Floor
3rd of 5
Parking
G-112
Developer
Remraam
Completed
2011
Service charge
AED 18,600 /yr
Last sold
AED 630K · March 2024
Building
Al Thamam 01

About 302, Al Thamam 01

302 is a one-bedroom apartment of 1,160 sqft on the 3rd floor of Al Thamam 01, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 27 March 2024 for AED 630,000, or AED 543 per sqft, 5% below the AED 573 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 1 November 2024, is AED 62,000 a year: a gross yield of 9.8% on the 2024 price, before the service charge of about AED 18,600 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical one-bed in Al Thamam 01
500K1M2011201520192023Typical 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 909,416 (AED 784 per sqft)Sold, August 2012: AED 909,416 (AED 784 per sqft)Sold, February 2021: AED 521,893 (AED 450 per sqft)Sold, March 2024: AED 630,000 (AED 543 per sqft)

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

Rents
Unit 302, each contractTypical one-bed in Al Thamam 01
40K60K2012201620202024Typical 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, August 2012: AED 34,000 a yearRenewal, August 2013: AED 34,000 a yearNew contract, October 2014: AED 65,000 a yearRenewal, October 2015: AED 65,000 a yearNew contract, September 2016: AED 60,000 a yearRenewal, September 2017: AED 60,000 a yearRenewal, September 2018: AED 60,000 a yearNew contract, December 2019: AED 43,000 a yearRenewal, December 2020: AED 40,000 a yearRenewal, December 2021: AED 40,000 a yearRenewal, January 2023: AED 44,000 a yearNew contract, February 2024: AED 60,000 a yearNew contract, November 2024: AED 62,000 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 302 sits

All 22 1-beds →

302 last sold in March 2024 at AED 543 per sqft, 5% below what one-beds in Al Thamam 01 were fetching at the time (AED 573). 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. 302's AED 62,000 is at the top 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
3011-bedAED 395K · Jun 2022
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

302, Al Thamam 01 in numbers

  • Sold 4 times: first on 6 December 2011 for AED 909,416, last on 27 March 2024 for AED 630,000 (AED 543 per sqft).
  • Rented since August 2012 on 13 Ejari contracts, from AED 34,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2024 price is 9.8%, before a service charge of about AED 18,600 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 1 November 2024.

Questions about 302, Al Thamam 01

What did unit 302 last sell for?

AED 630,000 on 27 March 2024: AED 543 per sqft for 1,160 sqft. The unit has 4 registered sales; the first was AED 909,416 in December 2011.

What is the rent for unit 302?

AED 62,000 a year on the contract signed on 1 November 2024. The previous contract, from February 2024, was AED 60,000; the unit has been rented since August 2012.

How big is unit 302?

1,160 sqft (107.8 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2011.

What is unit 302 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 302, Al Thamam 01

Starts from the last sale price (AED 630K, 27 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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