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1-bed · 1,140 sqftAl Thamam 16, Remraam · 3rd floor · completed 2011

303, Al Thamam 16

Sold prices and rental history: sold twice, last in December 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 7 October 2021
Last soldAED 900K21 December 2017
Current rentAED 40K /yr7 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 303, Al Thamam 16

What is 303 worth today?

Last sold for AED 900,000 in 2017

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7 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 35 per sqft
1 Jan 2021RentedRenewal
AED 38,000/yr6 months · AED 33 per sqft
1 Jan 2020RentedNew contract
AED 48,000/yr12 months · AED 42 per sqft
1 Jan 2019RentedRenewal
AED 56,000/yr12 months · AED 49 per sqft
1 Jan 2018RentedNew contract
AED 60,000/yr12 months · AED 53 per sqft
21 Dec 2017SoldReady
AED 900,000AED 789 per sqft
1 Nov 2016RentedNew contract
AED 68,000/yr12 months · AED 60 per sqft
20 Jun 2013RentedNew contract
AED 50,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 7 October 2021.

Key facts

Type
1-bed apartment
Size
1,140 sqft
Floor
3rd of 5
Parking
G-150
Developer
Remraam
Completed
2011
Service charge
AED 18,300 /yr
Last sold
AED 900K · December 2017
Building
Al Thamam 16

About 303, Al Thamam 16

303 is a one-bedroom apartment of 1,140 sqft on the 3rd floor of Al Thamam 16, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 21 December 2017 for AED 900,000, or AED 789 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 7 October 2021, is AED 40,000 a year: a gross yield of 4.4% on the 2017 price, before the service charge of about AED 18,300 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical one-bed in Al Thamam 16
500K750K2012201620202024Typical sale price by year: 2012 AED 634,375; 2013 AED 689,490; 2014 AED 788,515; 2021 AED 370,000; 2022 AED 420,000; 2023 AED 465,000; 2024 AED 590,000Sold by developer, November 2012: AED 874,978 (AED 767 per sqft)Sold, December 2017: AED 900,000 (AED 789 per sqft)

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

Rents
Unit 303, each contractTypical one-bed in Al Thamam 16
40K60K2013201720212025Typical rent by year: 2013 AED 41,000; 2014 AED 54,000; 2015 AED 57,426; 2016 AED 63,500; 2017 AED 60,000; 2018 AED 56,000; 2019 AED 47,500; 2020 AED 40,000; 2021 AED 34,000; 2022 AED 36,500; 2023 AED 40,000; 2024 AED 46,000; 2025 AED 55,000; 2026 AED 60,000New contract, June 2013: AED 50,000 a yearNew contract, November 2016: AED 68,000 a yearNew contract, January 2018: AED 60,000 a yearRenewal, January 2019: AED 56,000 a yearNew contract, January 2020: AED 48,000 a yearRenewal, January 2021: AED 38,000 a yearNew contract, October 2021: AED 40,000 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 16, and where 303 sits

All 24 1-beds →

303's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Jan 2025750,000
6 Dec 2024680,000
11 Nov 2024510,000
2 Oct 2024670,000
0 1-bed sales in the last 12 months

Al Thamam 16

Building

60 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 1,110
Typical sale
AED 795K
Typical rent
AED 60K /yr
Typical yield
6.9%
Al Thamam 16, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 60 units in Al Thamam 16
Value
301StudioAED 486K · Oct 2013
3021-bedAED 500K · Jun 2024
3042-bedAED 900K · Sep 2013
3051-bedAED 635K · Nov 2016
3061-bedAED 365K · Feb 2022
3072-bedAED 900K · Sep 2013
3081-bedAED 750K · Jan 2025
1–7 of 10

303, Al Thamam 16 in numbers

  • Sold twice: first on 18 November 2012 for AED 874,978, last on 21 December 2017 for AED 900,000 (AED 789 per sqft).
  • Rented since June 2013 on 7 Ejari contracts, from AED 50,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2017 price is 4.4%, before a service charge of about AED 18,300 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 7 October 2021.

Questions about 303, Al Thamam 16

What did unit 303 last sell for?

AED 900,000 on 21 December 2017: AED 789 per sqft for 1,140 sqft. The unit has 2 registered sales; the first was AED 874,978 in November 2012.

What is the rent for unit 303?

AED 40,000 a year on the contract signed on 7 October 2021. The previous contract, from January 2021, was AED 38,000; the unit has been rented since June 2013.

How big is unit 303?

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 303 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 303, Al Thamam 16

Starts from the last sale price (AED 900K, 21 December 2017). 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 →