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

306, Al Thamam 01

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

Unit 306 · DLD and Ejari recordsUpdated 3 May 2023
Last soldAED 555K3 May 2023
Current rentAED 39K /yr15 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Al Thamam 01

What is 306 worth today?

Last sold for AED 555,000 in 2023

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3 May 2023SoldReady
AED 555,000AED 478 per sqft
15 Jan 2022RentedRenewal
AED 39,100/yr12 months · AED 34 per sqft
2 Feb 2021SoldReady
AED 521,893AED 450 per sqft
31 Dec 2020RentedNew contract
AED 34,000/yr12 months · AED 29 per sqft
25 Dec 2019RentedNew contract
AED 43,000/yr12 months · AED 37 per sqft
24 Oct 2018RentedRenewal
AED 52,500/yr12 months · AED 45 per sqft
24 Oct 2017RentedRenewal
AED 50,000/yr12 months · AED 43 per sqft
24 Oct 2016RentedRenewal
AED 50,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 3 May 2023.

Key facts

Type
1-bed apartment
Size
1,160 sqft
Floor
3rd of 5
Parking
G-108
Developer
Remraam
Completed
2011
Service charge
AED 18,600 /yr
Last sold
AED 555K · May 2023
Building
Al Thamam 01

About 306, Al Thamam 01

306 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 3 May 2023 for AED 555,000, or AED 478 per sqft, 13% below the AED 551 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 15 January 2022, is AED 39,100 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 18,600 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, May 2023: AED 555,000 (AED 478 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in Al Thamam 01
30K40K50K2012201620202024Typical 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 yearNew contract, October 2013: AED 50,000 a yearRenewal, October 2014: AED 50,000 a yearRenewal, October 2015: AED 50,000 a yearRenewal, October 2016: AED 50,000 a yearRenewal, October 2017: AED 50,000 a yearRenewal, October 2018: AED 52,500 a yearNew contract, December 2019: AED 43,000 a yearNew contract, December 2020: AED 34,000 a yearRenewal, January 2022: AED 39,100 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 306 sits

All 22 1-beds →

306 last sold in May 2023 at AED 478 per sqft, 13% below what one-beds in Al Thamam 01 were fetching at the time (AED 551). 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. 306's AED 39,100 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
3031-bedAED 565K · Mar 2023
3042-bedAED 630K · Jan 2022
3052-bedAED 600K · Feb 2022
3071-bedAED 600K · Feb 2022
3081-bedAED 380K · Mar 2023
1–7 of 8

306, Al Thamam 01 in numbers

  • Sold 4 times: first on 7 December 2011 for AED 909,416, last on 3 May 2023 for AED 555,000 (AED 478 per sqft).
  • Rented since August 2012 on 10 Ejari contracts, from AED 34,000 to AED 39,100 a year.
  • At AED 39,100 a year the gross yield on the 2023 price is 7.0%, 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 3 May 2023.

Questions about 306, Al Thamam 01

What did unit 306 last sell for?

AED 555,000 on 3 May 2023: AED 478 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 306?

AED 39,100 a year on the contract renewed on 15 January 2022. The previous contract, from December 2020, was AED 34,000; the unit has been rented since August 2012.

How big is unit 306?

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 306 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 306, Al Thamam 01

Starts from the last sale price (AED 555K, 3 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 555,000
Deposit, UAE resident (20%)
AED 111,000
Deposit, non-resident (40%)
AED 222,000
Monthly over 25 years at 3.7%
AED 2,271

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