Studio · 405 sqftAl Thamam 16, Remraam · 3rd floor · completed 2011

311, Al Thamam 16

Sold prices and rental history: sold once, by the developer in April 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 20 June 2026
Last soldAED 377K24 April 2013
Current rentAED 40K /yr20 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Al Thamam 16

What is 311 worth today?

Last sold for AED 376,970 in 2013

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20 Jun 2026RentedRenewal
AED 40,000/yr12 months · AED 98 per sqft
20 Jun 2025RentedRenewal
AED 40,000/yr12 months · AED 98 per sqft
20 Jun 2024RentedRenewal
AED 40,000/yr12 months · AED 98 per sqft
20 Jun 2023RentedNew contract
AED 36,000/yr12 months · AED 88 per sqft
1 Jun 2022RentedNew contract
AED 28,000/yr12 months · AED 68 per sqft
25 Mar 2021RentedNew contract
AED 24,000/yr12 months · AED 59 per sqft
26 Oct 2019RentedNew contract
AED 32,000/yr12 months · AED 78 per sqft
1 Oct 2018RentedRenewal
AED 36,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 20 June 2026.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
3rd of 5
Parking
G-140
Developer
Remraam
Completed
2011
Service charge
AED 6,500 /yr
Last sold
AED 377K · April 2013
Building
Al Thamam 16

About 311, Al Thamam 16

311 is a studio of 405 sqft on the 3rd floor of Al Thamam 16, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 24 April 2013 for AED 376,970, or AED 930 per sqft, 5% below the AED 984 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 20 June 2026, is AED 40,000 a year: a gross yield of 10.6% on the 2013 price, before the service charge of about AED 6,500 a year.

Sales and rents for 311 over time

Rents
Unit 311, each contractTypical studio in Al Thamam 16
30K40K2013201720212025Typical rent by year: 2013 AED 30,000; 2014 AED 39,500; 2015 AED 36,929; 2016 AED 45,000; 2017 AED 43,500; 2018 AED 42,000; 2019 AED 36,000; 2020 AED 26,000; 2021 AED 23,936; 2022 AED 25,500; 2023 AED 36,000; 2024 AED 39,000; 2025 AED 39,500; 2026 AED 39,000New contract, October 2014: AED 44,000 a yearNew contract, October 2017: AED 45,000 a yearRenewal, April 2018: AED 45,000 a yearRenewal, October 2018: AED 36,000 a yearNew contract, October 2019: AED 32,000 a yearNew contract, March 2021: AED 24,000 a yearNew contract, June 2022: AED 28,000 a yearNew contract, June 2023: AED 36,000 a yearRenewal, June 2024: AED 40,000 a yearRenewal, June 2025: AED 40,000 a yearRenewal, June 2026: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Al Thamam 16, and where 311 sits

All 14 studios →

311 last sold in April 2013 at AED 930 per sqft, 5% below what studios in Al Thamam 16 were fetching at the time (AED 984). Over the last 12 months studios sold for AED 495,000, around AED 1,221 per sqft, and rent for AED 31,185 to 54,000 a year. 311's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Apr 2026495,000
17 Oct 2024400,000
22 Feb 2024415,000
26 Sep 2023377,000
1 studio sale 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

311, Al Thamam 16 in numbers

  • Sold once: by Remraam on 24 April 2013 for AED 376,970, or AED 930 per sqft.
  • Rented since October 2014 on 11 Ejari contracts. The rent fell from AED 44,000 to AED 24,000 in 2021 and recovered to AED 40,000 by June 2026.
  • At AED 40,000 a year the gross yield on the 2013 price is 10.6%, before a service charge of about AED 6,500 a year (AED 16.07 per sqft).
  • Studios in Al Thamam 16 sold for AED 495,000–495,000 in the 12 months to November 2026; the building's median across all types is AED 1,110 per sqft.

Source: Dubai Land Department. Updated 20 June 2026.

Questions about 311, Al Thamam 16

What did unit 311 last sell for?

AED 376,970 on 24 April 2013, sold by the developer: AED 930 per sqft for 405 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 40,000 a year on the contract renewed on 20 June 2026. The previous contract, from June 2025, was AED 40,000; the unit has been rented since October 2014.

How big is unit 311?

405 sqft (37.6 sqm): a studio on the 3rd floor of a 5-storey tower completed in 2011.

What is unit 311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Thamam 16 sold for AED 495,000 to 495,000 in the last 12 months, around AED 1,221 per sqft.

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Mortgage on 311, Al Thamam 16

Starts from the last sale price (AED 377K, 24 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 376,970
Deposit, UAE resident (20%)
AED 75,394
Deposit, non-resident (40%)
AED 150,788
Monthly over 25 years at 3.7%
AED 1,542

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