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1-bed · 668 sqftAl Thamam 05, Remraam · 3rd floor · completed 2011

308, Al Thamam 05

Sold prices and rental history: sold 3 times, last in January 2015, and rented once, from October 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 5 October 2016
Last soldAED 350K12 January 2015
Current rentAED 50K /yr5 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Al Thamam 05

What is 308 worth today?

Last sold for AED 350,000 in 2015

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5 Oct 2016RentedNew contract
AED 50,000/yr12 months · AED 75 per sqft
12 Jan 2015SoldReady
AED 350,000AED 523 per sqft
3 Nov 2014SoldReady
AED 596,616AED 893 per sqft
30 Mar 2009Sold by developerOff-plan
AED 623,505AED 933 per sqft

Source: Dubai Land Department. Updated 5 October 2016.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
3rd of 5
Parking
G-120
Developer
Remraam
Completed
2011
Service charge
AED 10,700 /yr
Last sold
AED 350K · January 2015
Building
Al Thamam 05

About 308, Al Thamam 05

308 is a one-bedroom apartment of 668 sqft on the 3rd floor of Al Thamam 05, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 12 January 2015 for AED 350,000, or AED 523 per sqft, 42% below the AED 899 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 October 2016. The current contract, signed on 5 October 2016, is AED 50,000 a year: a gross yield of 14.3% on the 2015 price, before the service charge of about AED 10,700 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Al Thamam 05
400K600K2009201220152018Typical sale price by year: 2009 AED 631,878; 2013 AED 696,875; 2014 AED 635,908; 2015 AED 350,000; 2017 AED 600,000; 2019 AED 450,000Sold by developer, March 2009: AED 623,505 (AED 933 per sqft)Sold, November 2014: AED 596,616 (AED 893 per sqft)Sold, January 2015: AED 350,000 (AED 523 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Al Thamam 05
40K60K2013201720212025Typical rent by year: 2013 AED 44,000; 2014 AED 56,000; 2015 AED 55,000; 2016 AED 57,000; 2017 AED 53,000; 2018 AED 54,000; 2019 AED 46,500; 2020 AED 38,000; 2021 AED 32,000; 2022 AED 37,000; 2023 AED 46,000; 2024 AED 50,000; 2025 AED 58,000; 2026 AED 61,000New contract, October 2016: AED 50,000 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 05, and where 308 sits

All 22 1-beds →

308 last sold in January 2015 at AED 523 per sqft, 42% below what one-beds in Al Thamam 05 were fetching at the time (AED 899). 308's AED 50,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Jan 2025678,765
4 Jun 2024670,000
2 Mar 2023340,000
26 Sep 2022500,000
0 1-bed sales in the last 12 months

Al Thamam 05

Building

47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 879
Typical sale
AED 1.45M
Typical rent
AED 62K /yr
Typical yield
8.3%
Al Thamam 05, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 47 units in Al Thamam 05
Value
3011-bedAED 625K · Oct 2013
3021-bedAED 670K · Jun 2024
3031-bedAED 1.15M · Oct 2013
3042-bedAED 1M · Mar 2025
3052-bedAED 600K · Mar 2022
3061-bedAED 1.15M · Aug 2013
3071-bedAED 1.15M · Aug 2013
1–7 of 8

308, Al Thamam 05 in numbers

  • Sold 3 times: first on 30 March 2009 for AED 623,505, last on 12 January 2015 for AED 350,000 (AED 523 per sqft).
  • Rented since October 2016 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2015 price is 14.3%, before a service charge of about AED 10,700 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 5 October 2016.

Questions about 308, Al Thamam 05

What did unit 308 last sell for?

AED 350,000 on 12 January 2015: AED 523 per sqft for 668 sqft. The unit has 3 registered sales; the first was AED 623,505 in March 2009.

What is the rent for unit 308?

AED 50,000 a year on the contract signed on 5 October 2016.

How big is unit 308?

668 sqft (62.1 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.

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Mortgage on 308, Al Thamam 05

Starts from the last sale price (AED 350K, 12 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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