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

305, Al Thamam 02

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 9 October 2024
Last soldAED 960K9 October 2024
Current rentAED 73K /yr5 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Al Thamam 02

What is 305 worth today?

Last sold for AED 960,000 in 2024

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9 Oct 2024SoldReady
AED 960,000AED 942 per sqft
5 Jun 2023RentedNew contract
AED 73,000/yr12 months · AED 72 per sqft
15 Jul 2022RentedNew contract
AED 65,000/yr12 months · AED 64 per sqft
14 Jun 2021RentedRenewal
AED 59,834/yr12 months · AED 59 per sqft
15 Jun 2019RentedNew contract
AED 62,000/yr12 months · AED 61 per sqft
23 Sep 2018RentedRenewal
AED 85,000/yr12 months · AED 83 per sqft
23 Sep 2017RentedNew contract
AED 85,000/yr12 months · AED 83 per sqft
23 May 2016RentedNew contract
AED 80,002/yr5 months · AED 78 per sqft

Source: Dubai Land Department. Updated 9 October 2024.

Key facts

Type
2-bed apartment
Size
1,018 sqft
Floor
3rd of 5
Parking
G-52
Developer
Remraam
Completed
2011
Service charge
AED 16,400 /yr
Last sold
AED 960K · October 2024
Building
Al Thamam 02

About 305, Al Thamam 02

305 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 9 October 2024 for AED 960,000, or AED 942 per sqft, 23% above the AED 768 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 5 June 2023, is AED 73,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 16,400 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical two-bed in Al Thamam 02
500K750K1M2013201720212025Typical sale price by year: 2013 AED 1,004,530; 2014 AED 979,522; 2015 AED 1,010,000; 2024 AED 980,000Sold by developer, July 2013: AED 793,810 (AED 779 per sqft)Sold, December 2015: AED 485,000 (AED 476 per sqft)Sold, October 2024: AED 960,000 (AED 942 per sqft)

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

Rents
Unit 305, 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, May 2015: AED 80,000 a yearNew contract, May 2016: AED 80,002 a yearNew contract, September 2017: AED 85,000 a yearRenewal, September 2018: AED 85,000 a yearNew contract, June 2019: AED 62,000 a yearRenewal, June 2021: AED 59,834 a yearNew contract, July 2022: AED 65,000 a yearNew contract, June 2023: AED 73,000 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 305 sits

All 16 2-beds →

305 last sold in October 2024 at AED 942 per sqft, 23% above what two-beds in Al Thamam 02 were fetching at the time (AED 768). 305's AED 73,000 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
20 Jun 2024980,000
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
3042-bedAED 980K · Jun 2024
3071-bedAED 973K · Apr 2014
3081-bedAED 692K · Apr 2014
309StudioAED 417K · Aug 2013

305, Al Thamam 02 in numbers

  • Sold 3 times: first on 15 July 2013 for AED 793,810, last on 9 October 2024 for AED 960,000 (AED 942 per sqft).
  • Rented since May 2015 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 59,834 in 2021 and recovered to AED 73,000 by June 2023.
  • At AED 73,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 16,400 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 9 October 2024.

Questions about 305, Al Thamam 02

What did unit 305 last sell for?

AED 960,000 on 9 October 2024: AED 942 per sqft for 1,018 sqft. The unit has 3 registered sales; the first was AED 793,810 in July 2013.

What is the rent for unit 305?

AED 73,000 a year on the contract signed on 5 June 2023. The previous contract, from July 2022, was AED 65,000; the unit has been rented since May 2015.

How big is unit 305?

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 305 worth today?

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

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Mortgage on 305, Al Thamam 02

Starts from the last sale price (AED 960K, 9 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

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