302, Al Thamam 11
Sold prices and rental history: sold once, by the developer in May 2009, 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 302, Al Thamam 11
What is 302 worth today?
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Source: Dubai Land Department. Updated 29 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,149 sqft
- Floor
- 3rd of 7
- Parking
- G-49
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 18,500 /yr
- Last sold
- AED 855K · May 2009
- Building
- Al Thamam 11
About 302, Al Thamam 11
302 is a one-bedroom apartment of 1,149 sqft on the 3rd floor of Al Thamam 11, a 7-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 20 May 2009 for AED 855,459, or AED 744 per sqft, 16% below the AED 886 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 29 November 2024, is AED 47,683 a year: a gross yield of 5.6% on the 2009 price, before the service charge of about AED 18,500 a year.
Sales and rents for 302 over time
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 11, and where 302 sits
All 29 1-beds →302 last sold in May 2009 at AED 744 per sqft, 16% below what one-beds in Al Thamam 11 were fetching at the time (AED 886). 302's AED 47,683 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Dec 201529 December 2015 | 773 sqft | 351,330 | 454 | ||
| 20 May 200920 May 2009 | 773 sqft | 702,659 | 908 | ||
| 20 May 200920 May 2009 | 665 sqft | 611,163 | 918 | ||
| 20 May 200920 May 2009 | 689 sqft | 608,465 | 883 |
Al Thamam 11
Building63 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.
- Typical price per sqft
- AED 941
- Typical sale
- AED 1.45M
- Typical rent
- AED 54K /yr
- Typical yield
- 7.4%
Other units on the 3rd floor
All 63 units in Al Thamam 11| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 689 sqft | AED 546KAED 545,616 · May 2009May 2009 | 43,832 /yr | |
| 303 | 1-bed | 1,149 sqft | AED 855KAED 855,459 · May 2009May 2009 | 46,200 /yr | |
| 304 | 2-bed | 1,009 sqft | AED 815KAED 815,230 · May 2009May 2009 | 75,000 /yr | |
| 305 | 2-bed | 1,009 sqft | AED 815KAED 815,230 · May 2009May 2009 | 58,443 /yr | |
| 307 | 1-bed | 1,148 sqft | AED 855KAED 855,459 · May 2009May 2009 | 63,345 /yr | |
| 308 | 1-bed | 665 sqft | AED 528KAED 527,815 · May 2009May 2009 | 45,493 /yr | |
| 309 | Studio | 387 sqft | AED 330KAED 330,000 · Oct 2024October 2024 | 40,000 /yr |
302, Al Thamam 11 in numbers
- Sold once: by Remraam on 20 May 2009 for AED 855,459, or AED 744 per sqft.
- Rented since May 2017 on 9 Ejari contracts. The rent fell from AED 66,000 to AED 36,000 in 2021 and recovered to AED 47,683 by November 2024.
- At AED 47,683 a year the gross yield on the 2009 price is 5.6%, before a service charge of about AED 18,500 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 29 November 2024.
Questions about 302, Al Thamam 11
What did unit 302 last sell for?
AED 855,459 on 20 May 2009, sold by the developer: AED 744 per sqft for 1,149 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 47,683 a year on the contract renewed on 29 November 2024. The previous contract, from November 2024, was AED 47,683; the unit has been rented since May 2017.
How big is unit 302?
1,149 sqft (106.7 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2011.
What is unit 302 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 302, Al Thamam 11
Starts from the last sale price (AED 855K, 20 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 855,459
- Deposit, UAE resident (20%)
- AED 171,092
- Deposit, non-resident (40%)
- AED 342,184
- Monthly over 25 years at 3.7%
- AED 3,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →