308, Al Thamam 01
Sold prices and rental history: sold 4 times, last in March 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Al Thamam 01
What is 308 worth today?
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Source: Dubai Land Department. Updated 27 March 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 689 sqft
- Floor
- 3rd of 5
- Parking
- G-106
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,100 /yr
- Last sold
- AED 380K · March 2023
- Building
- Al Thamam 01
About 308, Al Thamam 01
308 is a one-bedroom apartment of 689 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 2023 for AED 380,000, or AED 551 per sqft, in line with the AED 551 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 August 2020, is AED 40,000 a year: a gross yield of 10.5% on the 2023 price, before the service charge of about AED 11,100 a year.
Sales and rents for 308 over time
308 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 308 sits
All 22 1-beds →308 last sold in March 2023 at AED 551 per sqft, in line with 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. 308's AED 40,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Jun 202626 June 2026 | 758 sqft | 670,000 | 883 | ||
| 23 Apr 202523 April 2025 | 665 sqft | 600,000 | 902 | ||
| 4 Jan 20254 January 2025 | 758 sqft | 635,000 | 837 | ||
| 5 Sep 20245 September 2024 | 1,158 sqft | 675,000 | 582 |
Al Thamam 01
Building48 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%
Other units on the 3rd floor
All 48 units in Al Thamam 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 665 sqft | AED 395KAED 395,000 · Jun 2022June 2022 | 40,000 /yr | |
| 302 | 1-bed | 1,160 sqft | AED 630KAED 630,000 · Mar 2024March 2024 | 62,000 /yr | |
| 303 | 1-bed | 1,160 sqft | AED 565KAED 565,000 · Mar 2023March 2023 | 40,000 /yr | |
| 304 | 2-bed | 1,006 sqft | AED 630KAED 630,000 · Jan 2022January 2022 | 75,000 /yr | |
| 305 | 2-bed | 1,006 sqft | AED 600KAED 600,000 · Feb 2022February 2022 | 70,308 /yr | |
| 306 | 1-bed | 1,160 sqft | AED 555KAED 555,000 · May 2023May 2023 | 39,100 /yr | |
| 307 | 1-bed | 1,160 sqft | AED 600KAED 600,000 · Feb 2022February 2022 | 42,000 /yr | |
| 309 | Studio | 468 sqft | AED 350KAED 350,000 · Apr 2023April 2023 | 39,000 /yr |
308, Al Thamam 01 in numbers
- Sold 4 times: first on 7 December 2011 for AED 639,920, last on 27 March 2023 for AED 380,000 (AED 551 per sqft).
- Rented since February 2013 on 7 Ejari contracts, from AED 32,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2023 price is 10.5%, before a service charge of about AED 11,100 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 27 March 2023.
Questions about 308, Al Thamam 01
What did unit 308 last sell for?
AED 380,000 on 27 March 2023: AED 551 per sqft for 689 sqft. The unit has 4 registered sales; the first was AED 639,920 in December 2011.
What is the rent for unit 308?
AED 40,000 a year on the contract renewed on 1 August 2020. The previous contract, from August 2019, was AED 40,000; the unit has been rented since February 2013.
How big is unit 308?
689 sqft (64.0 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2011.
What is unit 308 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 308, Al Thamam 01
Starts from the last sale price (AED 380K, 27 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 380,000
- Deposit, UAE resident (20%)
- AED 76,000
- Deposit, non-resident (40%)
- AED 152,000
- Monthly over 25 years at 3.7%
- AED 1,555
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →