304, Al Thamam 15
Sold prices and rental history: sold 3 times, last in September 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, Al Thamam 15
What is 304 worth today?
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Source: Dubai Land Department. Updated 22 September 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,005 sqft
- Floor
- 3rd of 5
- Parking
- G-51
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 16,200 /yr
- Last sold
- AED 900K · September 2016
- Building
- Al Thamam 15
About 304, Al Thamam 15
304 is a two-bedroom apartment of 1,005 sqft on the 3rd floor of Al Thamam 15, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 21 September 2016 for AED 900,000, or AED 895 per sqft, 29% above the AED 695 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 22 September 2022, is AED 40,000 a year: a gross yield of 4.4% on the 2016 price, before the service charge of about AED 16,200 a year.
Sales and rents for 304 over time
304 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 15, and where 304 sits
All 16 2-beds →304 last sold in September 2016 at AED 895 per sqft, 29% above what two-beds in Al Thamam 15 were fetching at the time (AED 695). Over the last 12 months two-beds sold for AED 955,000, around AED 949 per sqft, and rent for AED 64,287 to 100,000 a year. 304's AED 40,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Nov 202518 November 2025 | 1,006 sqft | 955,000 | 949 | ||
| 18 Nov 202418 November 2024 | 1,498 sqft | 1,065,000 | 710 | ||
| 1 Feb 20241 February 2024 | 1,498 sqft | 900,000 | 600 | ||
| 21 Sep 201621 September 2016 | 1,005 sqft | 900,000 | 895 |
Al Thamam 15
Building48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.
- Typical price per sqft
- AED 949
- Typical sale
- AED 955K
- Typical rent
- AED 64K /yr
- Typical yield
- 7.9%
Other units on the 3rd floor
All 48 units in Al Thamam 15| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 689 sqft | AED 532KAED 532,000 · Feb 2025February 2025 | 46,200 /yr | |
| 302 | 1-bed | 1,159 sqft | AED 770KAED 770,000 · Mar 2016March 2016 | ||
| 303 | 1-bed | 1,159 sqft | AED 770KAED 770,000 · Apr 2016April 2016 | ||
| 305 | 2-bed | 1,005 sqft | AED 900KAED 900,000 · Sep 2016September 2016 | 40,000 /yr | |
| 306 | 1-bed | 1,159 sqft | AED 770KAED 770,000 · Jun 2016June 2016 | 70,000 /yr | |
| 307 | 1-bed | 1,159 sqft | AED 385KAED 385,000 · Jul 2016July 2016 | ||
| 308 | 1-bed | 665 sqft | AED 393KAED 393,000 · May 2023May 2023 | ||
| 309 | Studio | 468 sqft | AED 420KAED 420,000 · May 2016May 2016 | 31,500 /yr |
304, Al Thamam 15 in numbers
- Sold 3 times: first on 21 April 2009 for AED 865,580, last on 21 September 2016 for AED 900,000 (AED 895 per sqft).
- Rented since September 2016 on 4 Ejari contracts, at AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2016 price is 4.4%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).
- Two-beds in Al Thamam 15 sold for AED 955,000–955,000 in the 12 months to November 2026; the building's median across all types is AED 949 per sqft.
Source: Dubai Land Department. Updated 22 September 2022.
Questions about 304, Al Thamam 15
What did unit 304 last sell for?
AED 900,000 on 21 September 2016: AED 895 per sqft for 1,005 sqft. The unit has 3 registered sales; the first was AED 865,580 in April 2009.
What is the rent for unit 304?
AED 40,000 a year on the contract signed on 22 September 2022. The previous contract, from September 2022, was AED 40,000; the unit has been rented since September 2016.
How big is unit 304?
1,005 sqft (93.4 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2011.
What is unit 304 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 15 sold for AED 955,000 to 955,000 in the last 12 months, around AED 949 per sqft.
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Mortgage on 304, Al Thamam 15
Starts from the last sale price (AED 900K, 21 September 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →