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1-bed · 1,144 sqftAl Thamam 16, Remraam · 3rd floor · completed 2011

309, Al Thamam 16

Sold prices and rental history: sold twice, last in December 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 9 February 2025
Last soldAED 700K21 December 2017
Current rentAED 70K /yr9 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 309, Al Thamam 16

What is 309 worth today?

Last sold for AED 700,000 in 2017

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9 Feb 2025RentedRenewal
AED 70,000/yr12 months · AED 61 per sqft
9 Feb 2025RentedRenewal
AED 70,000/yr12 months · AED 61 per sqft
9 Feb 2024RentedNew contract
AED 70,000/yr12 months · AED 61 per sqft
1 Jul 2019RentedNew contract
AED 30,000/yr12 months · AED 26 per sqft
1 Jul 2018RentedNew contract
AED 60,836/yr12 months · AED 53 per sqft
21 Dec 2017SoldReady
AED 700,000AED 612 per sqft
15 Jun 2016RentedNew contract
AED 65,000/yr12 months · AED 57 per sqft
18 Nov 2012Sold by developerReady
AED 874,978AED 765 per sqft

Source: Dubai Land Department. Updated 9 February 2025.

Key facts

Type
1-bed apartment
Size
1,144 sqft
Floor
3rd of 5
Parking
G-142
Developer
Remraam
Completed
2011
Service charge
AED 18,400 /yr
Last sold
AED 700K · December 2017
Building
Al Thamam 16

About 309, Al Thamam 16

309 is a one-bedroom apartment of 1,144 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 700,000, or AED 612 per sqft.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 9 February 2025, is AED 70,000 a year: a gross yield of 10.0% on the 2017 price, before the service charge of about AED 18,400 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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 765 per sqft)Sold, December 2017: AED 700,000 (AED 612 per sqft)

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

Rents
Unit 309, 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 2016: AED 65,000 a yearNew contract, July 2018: AED 60,836 a yearNew contract, July 2019: AED 30,000 a yearNew contract, February 2024: AED 70,000 a yearRenewal, February 2025: AED 70,000 a yearRenewal, February 2025: AED 70,000 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 309 sits

All 24 1-beds →

309's AED 70,000 is at the top 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
3031-bedAED 900K · Dec 2017
3042-bedAED 900K · Sep 2013
3051-bedAED 635K · Nov 2016
3061-bedAED 365K · Feb 2022
3072-bedAED 900K · Sep 2013
1–7 of 10

309, Al Thamam 16 in numbers

  • Sold twice: first on 18 November 2012 for AED 874,978, last on 21 December 2017 for AED 700,000 (AED 612 per sqft).
  • Rented since June 2016 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 30,000 in 2019 and recovered to AED 70,000 by February 2025.
  • At AED 70,000 a year the gross yield on the 2017 price is 10.0%, before a service charge of about AED 18,400 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 9 February 2025.

Questions about 309, Al Thamam 16

What did unit 309 last sell for?

AED 700,000 on 21 December 2017: AED 612 per sqft for 1,144 sqft. The unit has 2 registered sales; the first was AED 874,978 in November 2012.

What is the rent for unit 309?

AED 70,000 a year on the contract renewed on 9 February 2025. The previous contract, from February 2025, was AED 70,000; the unit has been rented since June 2016.

How big is unit 309?

1,144 sqft (106.3 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2011.

What is unit 309 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 309, Al Thamam 16

Starts from the last sale price (AED 700K, 21 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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