304, Al Thamam 04
Sold prices and rental history: sold once, by the developer in September 2013, 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 304, Al Thamam 04
What is 304 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,009 sqft
- Floor
- 3rd of 6
- Parking
- G-116
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 16,200 /yr
- Last sold
- AED 908K · September 2013
- Building
- Al Thamam 04
About 304, Al Thamam 04
304 is a two-bedroom apartment of 1,009 sqft on the 3rd floor of Al Thamam 04, a 6-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 19 September 2013 for AED 908,120, or AED 900 per sqft, in line with the AED 900 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 57,000 a year: a gross yield of 6.3% on the 2013 price, before the service charge of about AED 16,200 a year.
Sales and rents for 304 over time
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 04, and where 304 sits
All 22 2-beds →304 last sold in September 2013 at AED 900 per sqft, in line with what two-beds in Al Thamam 04 were fetching at the time (AED 900). 304's AED 57,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Sep 201319 September 2013 | 1,009 sqft | 920,560 | 912 | ||
| 19 Sep 201319 September 2013 | 1,599 sqft | 991,223 | 619 | ||
| 19 Sep 201319 September 2013 | 1,149 sqft | 1,044,630 | 909 | ||
| 19 Sep 201319 September 2013 | 1,008 sqft | 895,680 | 888 |
Al Thamam 04
Building57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 46K /yr
- Typical yield
Other units on the 3rd floor
All 57 units in Al Thamam 04| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 665 sqft | AED 623KAED 623,420 · Sep 2013September 2013 | 48,300 /yr | |
| 302 | 2-bed | 1,149 sqft | AED 1.04MAED 1,044,630 · Sep 2013September 2013 | 56,737 /yr | |
| 303 | 2-bed | 1,153 sqft | AED 1.04MAED 1,044,630 · Sep 2013September 2013 | 68,200 /yr | |
| 305 | 2-bed | 1,009 sqft | AED 908KAED 908,120 · Sep 2013September 2013 | 58,300 /yr | |
| 306 | 2-bed | 1,153 sqft | AED 1.04MAED 1,044,630 · Sep 2013September 2013 | 66,412 /yr | |
| 307 | 2-bed | 1,149 sqft | AED 1.04MAED 1,044,630 · Sep 2013September 2013 | 63,525 /yr | |
| 308 | 1-bed | 694 sqft | AED 623KAED 623,420 · Sep 2013September 2013 | 42,500 /yr | |
| 309 | Studio | 387 sqft | AED 368KAED 367,920 · Sep 2013September 2013 | 30,400 /yr |
304, Al Thamam 04 in numbers
- Sold once: by Remraam on 19 September 2013 for AED 908,120, or AED 900 per sqft.
- Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 55,000 to AED 47,000 in 2021 and recovered to AED 57,000 by August 2024.
- At AED 57,000 a year the gross yield on the 2013 price is 6.3%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 1 August 2024.
Questions about 304, Al Thamam 04
What did unit 304 last sell for?
AED 908,120 on 19 September 2013, sold by the developer: AED 900 per sqft for 1,009 sqft. It is the only registered sale of the unit.
What is the rent for unit 304?
AED 57,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 53,000; the unit has been rented since September 2013.
How big is unit 304?
1,009 sqft (93.7 sqm): a two-bedroom apartment on the 3rd floor of a 6-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.
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Mortgage on 304, Al Thamam 04
Starts from the last sale price (AED 908K, 19 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 908,120
- Deposit, UAE resident (20%)
- AED 181,624
- Deposit, non-resident (40%)
- AED 363,248
- Monthly over 25 years at 3.7%
- AED 3,715
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →