2-bed · 1,009 sqftAl Thamam 11, Remraam · 3rd floor · completed 2011

305, 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.

Unit 305 · DLD and Ejari recordsUpdated 21 March 2024
Last soldAED 815K20 May 2009
Current rentAED 58K /yr21 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Al Thamam 11

What is 305 worth today?

Last sold for AED 815,230 in 2009

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21 Mar 2024RentedRenewal
AED 58,443/yr12 months · AED 58 per sqft
22 Mar 2023RentedRenewal
AED 55,820/yr12 months · AED 55 per sqft
22 Mar 2022RentedRenewal
AED 50,600/yr12 months · AED 50 per sqft
22 Mar 2021RentedNew contract
AED 46,000/yr12 months · AED 46 per sqft
4 Dec 2019RentedNew contract
AED 56,000/yr12 months · AED 56 per sqft
5 Oct 2018RentedNew contract
AED 65,000/yr12 months · AED 64 per sqft
11 Jun 2017RentedNew contract
AED 77,000/yr12 months · AED 76 per sqft
20 May 2009Sold by developerOff-plan
AED 815,230AED 808 per sqft

Source: Dubai Land Department. Updated 21 March 2024.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
3rd of 7
Parking
G-52
Developer
Remraam
Completed
2011
Service charge
AED 16,200 /yr
Last sold
AED 815K · May 2009
Building
Al Thamam 11

About 305, Al Thamam 11

305 is a two-bedroom apartment of 1,009 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 815,230, or AED 808 per sqft, 4% below the AED 845 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 21 March 2024, is AED 58,443 a year: a gross yield of 7.2% on the 2009 price, before the service charge of about AED 16,200 a year.

Sales and rents for 305 over time

Rents
Unit 305, each contractTypical two-bed in Al Thamam 11
60K80K2017202020232026Typical rent by year: 2017 AED 76,000; 2018 AED 72,200; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 48,000; 2022 AED 54,000; 2023 AED 59,560; 2024 AED 65,340; 2025 AED 73,500New contract, June 2017: AED 77,000 a yearNew contract, October 2018: AED 65,000 a yearNew contract, December 2019: AED 56,000 a yearNew contract, March 2021: AED 46,000 a yearRenewal, March 2022: AED 50,600 a yearRenewal, March 2023: AED 55,820 a yearRenewal, March 2024: AED 58,443 a year

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 11, and where 305 sits

All 20 2-beds →

305 last sold in May 2009 at AED 808 per sqft, 4% below what two-beds in Al Thamam 11 were fetching at the time (AED 845). Over the last 12 months two-beds sold for AED 1,300,000, around AED 812 per sqft, and rent for AED 63,525 to 90,000 a year. 305's AED 58,443 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Dec 20251,300,000
24 Jun 20251,250,000
12 Dec 2024880,000
24 Sep 2024925,000
1 2-bed sale in the last 12 months

Al Thamam 11

Building

63 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 55K /yr
Typical yield
7.1%
Al Thamam 11, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 63 units in Al Thamam 11
Value
3011-bedAED 546K · May 2009
3021-bedAED 855K · May 2009
3031-bedAED 855K · May 2009
3042-bedAED 815K · May 2009
3071-bedAED 855K · May 2009
3081-bedAED 528K · May 2009
309StudioAED 330K · Oct 2024

305, Al Thamam 11 in numbers

  • Sold once: by Remraam on 20 May 2009 for AED 815,230, or AED 808 per sqft.
  • Rented since June 2017 on 7 Ejari contracts. The rent fell from AED 77,000 to AED 46,000 in 2021 and recovered to AED 58,443 by March 2024.
  • At AED 58,443 a year the gross yield on the 2009 price is 7.2%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 11 sold for AED 1,300,000–1,300,000 in the 12 months to November 2026; the building's median across all types is AED 941 per sqft.

Source: Dubai Land Department. Updated 21 March 2024.

Questions about 305, Al Thamam 11

What did unit 305 last sell for?

AED 815,230 on 20 May 2009, sold by the developer: AED 808 per sqft for 1,009 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 58,443 a year on the contract renewed on 21 March 2024. The previous contract, from March 2023, was AED 55,820; the unit has been rented since June 2017.

How big is unit 305?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2011.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Thamam 11 sold for AED 1,300,000 to 1,300,000 in the last 12 months, around AED 812 per sqft.

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Mortgage on 305, Al Thamam 11

Starts from the last sale price (AED 815K, 20 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 815,230
Deposit, UAE resident (20%)
AED 163,046
Deposit, non-resident (40%)
AED 326,092
Monthly over 25 years at 3.7%
AED 3,335

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