2-bed · 1,018 sqftAl Thamam 02, Remraam · 3rd floor · completed 2011

304, Al Thamam 02

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 26 October 2024
Last soldAED 980K20 June 2024
Current rentAED 80K /yr26 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Al Thamam 02

What is 304 worth today?

Last sold for AED 980,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Oct 2024RentedNew contract
AED 80,000/yr12 months · AED 78 per sqft
26 Oct 2024RentedNew contract
AED 80,000/yr12 months · AED 79 per sqft
20 Jun 2024SoldReady
AED 980,000AED 962 per sqft
26 Oct 2023RentedRenewal
AED 66,000/yr12 months · AED 65 per sqft
11 Oct 2022RentedNew contract
AED 58,000/yr12 months · AED 57 per sqft
26 Sep 2021RentedRenewal
AED 53,000/yr12 months · AED 52 per sqft
26 Sep 2020RentedRenewal
AED 53,000/yr12 months · AED 52 per sqft
26 Sep 2019RentedNew contract
AED 63,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 26 October 2024.

Key facts

Type
2-bed apartment
Size
1,018 sqft
Floor
3rd of 5
Parking
G-51
Developer
Remraam
Completed
2011
Service charge
AED 16,400 /yr
Last sold
AED 980K · June 2024
Building
Al Thamam 02

About 304, Al Thamam 02

304 is a two-bedroom apartment of 1,018 sqft on the 3rd floor of Al Thamam 02, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 20 June 2024 for AED 980,000, or AED 962 per sqft, 27% above the AED 756 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 26 October 2024, is AED 80,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 16,400 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Al Thamam 02
900K1M20132016201920222025Typical sale price by year: 2013 AED 1,004,530; 2014 AED 979,522; 2015 AED 1,010,000; 2024 AED 980,000Sold by developer, December 2013: AED 893,313 (AED 877 per sqft)Sold, January 2017: AED 980,000 (AED 962 per sqft)Sold, June 2024: AED 980,000 (AED 962 per sqft)

304 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 304, each contractTypical two-bed in Al Thamam 02
60K80K100K2013201720212025Typical rent by year: 2013 AED 69,000; 2014 AED 75,000; 2015 AED 84,000; 2016 AED 85,000; 2017 AED 84,500; 2018 AED 78,000; 2019 AED 64,000; 2020 AED 55,000; 2021 AED 53,500; 2022 AED 58,000; 2023 AED 70,000; 2024 AED 80,000; 2025 AED 95,000; 2026 AED 75,000New contract, August 2013: AED 65,000 a yearNew contract, August 2015: AED 85,000 a yearNew contract, August 2016: AED 85,000 a yearNew contract, August 2017: AED 85,000 a yearNew contract, September 2018: AED 68,000 a yearNew contract, September 2019: AED 63,000 a yearRenewal, September 2020: AED 53,000 a yearRenewal, September 2021: AED 53,000 a yearNew contract, October 2022: AED 58,000 a yearRenewal, October 2023: AED 66,000 a yearNew contract, October 2024: AED 80,000 a yearNew contract, October 2024: AED 80,000 a year

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

2-beds in Al Thamam 02, and where 304 sits

All 16 2-beds →

304 last sold in June 2024 at AED 962 per sqft, 27% above what two-beds in Al Thamam 02 were fetching at the time (AED 756). 304's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20251,300,000
29 May 20251,000,000
9 Oct 2024960,000
27 Mar 20241,050,000
0 2-bed sales in the last 12 months

Al Thamam 02

Building

47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 913
Typical sale
AED 690K
Typical rent
AED 55K /yr
Typical yield
8.1%
Al Thamam 02, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 47 units in Al Thamam 02
Value
3011-bedAED 692K · Jun 2013
3021-bedAED 520K · Aug 2022
3031-bedAED 415K · May 2021
3052-bedAED 960K · Oct 2024
3071-bedAED 973K · Apr 2014
3081-bedAED 692K · Apr 2014
309StudioAED 417K · Aug 2013

304, Al Thamam 02 in numbers

  • Sold 3 times: first on 3 December 2013 for AED 893,313, last on 20 June 2024 for AED 980,000 (AED 962 per sqft).
  • Rented since August 2013 on 12 Ejari contracts. The rent fell from AED 65,000 to AED 53,000 in 2021 and recovered to AED 80,000 by October 2024.
  • At AED 80,000 a year the gross yield on the 2024 price is 8.2%, before a service charge of about AED 16,400 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 26 October 2024.

Questions about 304, Al Thamam 02

What did unit 304 last sell for?

AED 980,000 on 20 June 2024: AED 962 per sqft for 1,018 sqft. The unit has 3 registered sales; the first was AED 893,313 in December 2013.

What is the rent for unit 304?

AED 80,000 a year on the contract signed on 26 October 2024. The previous contract, from October 2024, was AED 80,000; the unit has been rented since August 2013.

How big is unit 304?

1,018 sqft (94.6 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2011.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 304? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 304, Al Thamam 02

Starts from the last sale price (AED 980K, 20 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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