309, Al Thamam 05
Sold prices and rental history: sold 5 times, last in August 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Al Thamam 05
What is 309 worth today?
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Source: Dubai Land Department. Updated 7 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 401 sqft
- Floor
- 3rd of 5
- Parking
- G-121
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 6,400 /yr
- Last sold
- AED 390K · August 2024
- Building
- Al Thamam 05
About 309, Al Thamam 05
309 is a studio of 401 sqft on the 3rd floor of Al Thamam 05, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 7 August 2024 for AED 390,000, or AED 972 per sqft.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 5 July 2023, is AED 25,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 6,400 a year.
Sales and rents for 309 over time
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Thamam 05, and where 309 sits
All 4 studios →| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jul 20242 July 2024 | 401 sqft | 380,000 | 947 | ||
| 26 Jan 201426 January 2014 | 401 sqft | 359,027 | 894 | ||
| 4 Dec 20134 December 2013 | 401 sqft | 359,027 | 894 | ||
| 20 Sep 201220 September 2012 | 401 sqft | 372,913 | 929 |
Al Thamam 05
Building47 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%
Other units on the 3rd floor
All 47 units in Al Thamam 05| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 669 sqft | AED 625KAED 625,000 · Oct 2013October 2013 | 55,000 /yr | |
| 302 | 1-bed | 1,156 sqft | AED 670KAED 670,000 · Jun 2024June 2024 | 62,000 /yr | |
| 303 | 1-bed | 1,156 sqft | AED 1.15MAED 1,150,942 · Oct 2013October 2013 | 51,000 /yr | |
| 304 | 2-bed | 1,009 sqft | AED 1MAED 1,000,000 · Mar 2025March 2025 | 55,000 /yr | |
| 305 | 2-bed | 1,009 sqft | AED 600KAED 600,000 · Mar 2022March 2022 | 80,000 /yr | |
| 306 | 1-bed | 1,156 sqft | AED 1.15MAED 1,150,942 · Aug 2013August 2013 | 58,000 /yr | |
| 307 | 1-bed | 1,156 sqft | AED 1.15MAED 1,150,942 · Aug 2013August 2013 | 60,000 /yr | |
| 308 | 1-bed | 668 sqft | AED 350KAED 350,000 · Jan 2015January 2015 | 50,000 /yr |
309, Al Thamam 05 in numbers
- Sold 5 times: first on 30 March 2009 for AED 367,973, last on 7 August 2024 for AED 390,000 (AED 972 per sqft).
- Rented since January 2017 on 6 Ejari contracts. The rent fell from AED 42,000 to AED 19,000 in 2021 and recovered to AED 25,000 by July 2023.
- At AED 25,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 6,400 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 7 August 2024.
Questions about 309, Al Thamam 05
What did unit 309 last sell for?
AED 390,000 on 7 August 2024: AED 972 per sqft for 401 sqft. The unit has 5 registered sales; the first was AED 367,973 in March 2009.
What is the rent for unit 309?
AED 25,000 a year on the contract renewed on 5 July 2023. The previous contract, from July 2022, was AED 25,000; the unit has been rented since January 2017.
How big is unit 309?
401 sqft (37.3 sqm): a studio on the 3rd floor of a 5-storey tower completed in 2011.
What is unit 309 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 309, Al Thamam 05
Starts from the last sale price (AED 390K, 7 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 390,000
- Deposit, UAE resident (20%)
- AED 78,000
- Deposit, non-resident (40%)
- AED 156,000
- Monthly over 25 years at 3.7%
- AED 1,596
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →