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

303, Al Thamam 01

Sold prices and rental history: sold 4 times, last in March 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 23 March 2023
Last soldAED 565K23 March 2023
Current rentAED 40K /yr25 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Al Thamam 01

What is 303 worth today?

Last sold for AED 565,000 in 2023

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23 Mar 2023SoldReady
AED 565,000AED 487 per sqft
2 Feb 2021SoldReady
AED 521,893AED 450 per sqft
25 Nov 2020RentedNew contract
AED 40,000/yr13 months · AED 34 per sqft
25 Nov 2019RentedRenewal
AED 49,000/yr12 months · AED 42 per sqft
25 Nov 2018RentedRenewal
AED 50,000/yr12 months · AED 43 per sqft
25 Nov 2017RentedRenewal
AED 50,000/yr12 months · AED 43 per sqft
25 Nov 2016RentedRenewal
AED 50,000/yr12 months · AED 43 per sqft
25 Nov 2015RentedRenewal
AED 50,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 23 March 2023.

Key facts

Type
1-bed apartment
Size
1,160 sqft
Floor
3rd of 5
Parking
G-111
Developer
Remraam
Completed
2011
Service charge
AED 18,600 /yr
Last sold
AED 565K · March 2023
Building
Al Thamam 01

About 303, Al Thamam 01

303 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 23 March 2023 for AED 565,000, or AED 487 per sqft, 11% below the AED 549 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 25 November 2020, is AED 40,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 18,600 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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 2023: AED 565,000 (AED 487 per sqft)

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

Rents
Unit 303, 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, September 2012: AED 30,000 a yearNew contract, November 2013: AED 50,000 a yearRenewal, November 2014: AED 50,000 a yearRenewal, November 2015: AED 50,000 a yearRenewal, November 2016: AED 50,000 a yearRenewal, November 2017: AED 50,000 a yearRenewal, November 2018: AED 50,000 a yearRenewal, November 2019: AED 49,000 a yearNew contract, November 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 303 sits

All 22 1-beds →

303 last sold in March 2023 at AED 487 per sqft, 11% below what one-beds in Al Thamam 01 were fetching at the time (AED 549). 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. 303'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
3011-bedAED 395K · Jun 2022
3021-bedAED 630K · Mar 2024
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

303, Al Thamam 01 in numbers

  • Sold 4 times: first on 6 December 2011 for AED 909,416, last on 23 March 2023 for AED 565,000 (AED 487 per sqft).
  • Rented since September 2012 on 9 Ejari contracts, from AED 30,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 7.1%, 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 23 March 2023.

Questions about 303, Al Thamam 01

What did unit 303 last sell for?

AED 565,000 on 23 March 2023: AED 487 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 303?

AED 40,000 a year on the contract signed on 25 November 2020. The previous contract, from November 2019, was AED 49,000; the unit has been rented since September 2012.

How big is unit 303?

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 303 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 303, Al Thamam 01

Starts from the last sale price (AED 565K, 23 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 565,000
Deposit, UAE resident (20%)
AED 113,000
Deposit, non-resident (40%)
AED 226,000
Monthly over 25 years at 3.7%
AED 2,312

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