1-bed · 1,140 sqftAl Thamam 06, Remraam · 3rd floor · completed 2011

308, Al Thamam 06

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 17 June 2024
Last soldAED 640K6 April 2024
Current rentAED 60K /yr17 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Al Thamam 06

What is 308 worth today?

Last sold for AED 640,000 in 2024

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17 Jun 2024RentedNew contract
AED 60,000/yr12 months · AED 53 per sqft
6 Apr 2024SoldReady
AED 640,000AED 561 per sqft
1 Mar 2023RentedRenewal
AED 42,121/yr12 months · AED 37 per sqft
1 Mar 2022RentedNew contract
AED 40,000/yr12 months · AED 35 per sqft
18 Feb 2021RentedNew contract
AED 38,000/yr12 months · AED 33 per sqft
18 Feb 2019RentedRenewal
AED 50,000/yr12 months · AED 44 per sqft
18 Feb 2018RentedNew contract
AED 60,000/yr12 months · AED 53 per sqft
3 Feb 2017RentedNew contract
AED 65,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 17 June 2024.

Key facts

Type
1-bed apartment
Size
1,140 sqft
Floor
3rd of 5
Parking
G-81
Developer
Remraam
Completed
2011
Service charge
AED 18,300 /yr
Last sold
AED 640K · April 2024
Building
Al Thamam 06

About 308, Al Thamam 06

308 is a one-bedroom apartment of 1,140 sqft on the 3rd floor of Al Thamam 06, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 6 April 2024 for AED 640,000, or AED 561 per sqft, 4% below the AED 585 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 17 June 2024, is AED 60,000 a year: a gross yield of 9.4% on the 2024 price, before the service charge of about AED 18,300 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Al Thamam 06
500K1M2009201420192024Typical sale price by year: 2009 AED 623,279; 2013 AED 343,864; 2014 AED 338,327; 2015 AED 800,399; 2017 AED 630,000; 2024 AED 619,889; 2025 AED 630,000Sold by developer, June 2014: AED 969,069 (AED 850 per sqft)Sold, April 2024: AED 640,000 (AED 561 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Al Thamam 06
40K60K2013201720212025Typical rent by year: 2013 AED 44,880; 2014 AED 46,997; 2015 AED 55,000; 2016 AED 60,000; 2017 AED 61,847; 2018 AED 50,000; 2019 AED 44,565; 2020 AED 35,000; 2021 AED 32,500; 2022 AED 36,500; 2023 AED 43,000; 2024 AED 49,500; 2025 AED 50,000; 2026 AED 56,000New contract, September 2014: AED 70,000 a yearNew contract, February 2017: AED 65,000 a yearNew contract, February 2018: AED 60,000 a yearRenewal, February 2019: AED 50,000 a yearNew contract, February 2021: AED 38,000 a yearNew contract, March 2022: AED 40,000 a yearRenewal, March 2023: AED 42,121 a yearNew contract, June 2024: AED 60,000 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 06, and where 308 sits

All 24 1-beds →

308 last sold in April 2024 at AED 561 per sqft, 4% below what one-beds in Al Thamam 06 were fetching at the time (AED 585). 308's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Apr 2025575,000
22 Jan 2025650,000
20 Jan 2025650,000
8 Jan 2025610,000
0 1-bed sales in the last 12 months

Al Thamam 06

Building

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

Typical price per sqft
AED 931
Typical sale
AED 1M
Typical rent
AED 61K /yr
Typical yield
8.6%
Al Thamam 06, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 60 units in Al Thamam 06
Value
301StudioAED 310K · Sep 2022
3021-bedAED 800K · May 2014
3031-bedAED 850K · Aug 2015
3042-bedNo registered sale
3051-bedAED 301K · Jul 2013
3061-bedAED 600K · Nov 2024
3072-bedAED 550K · Mar 2021
1–7 of 10

308, Al Thamam 06 in numbers

  • Sold twice: first on 3 June 2014 for AED 969,069, last on 6 April 2024 for AED 640,000 (AED 561 per sqft).
  • Rented since September 2014 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 38,000 in 2021 and recovered to AED 60,000 by June 2024.
  • At AED 60,000 a year the gross yield on the 2024 price is 9.4%, before a service charge of about AED 18,300 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 17 June 2024.

Questions about 308, Al Thamam 06

What did unit 308 last sell for?

AED 640,000 on 6 April 2024: AED 561 per sqft for 1,140 sqft. The unit has 2 registered sales; the first was AED 969,069 in June 2014.

What is the rent for unit 308?

AED 60,000 a year on the contract signed on 17 June 2024. The previous contract, from March 2023, was AED 42,121; the unit has been rented since September 2014.

How big is unit 308?

1,140 sqft (105.9 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 06

Starts from the last sale price (AED 640K, 6 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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