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1-bed · 1,140 sqftAl Thamam 18, Remraam · 3rd floor · completed 2011

303, Al Thamam 18

Sold prices and rental history: sold 4 times, last in November 2015, 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 15 February 2024
Last soldAED 808K1 November 2015
Current rentAED 48K /yr15 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 303, Al Thamam 18

What is 303 worth today?

Last sold for AED 808,000 in 2015

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15 Feb 2024RentedNew contract
AED 48,000/yr12 months · AED 42 per sqft
15 Feb 2023RentedNew contract
AED 44,000/yr12 months · AED 39 per sqft
15 Feb 2021RentedNew contract
AED 36,000/yr12 months · AED 32 per sqft
1 Feb 2020RentedRenewal
AED 46,000/yr12 months · AED 40 per sqft
1 Feb 2019RentedNew contract
AED 55,000/yr12 months · AED 48 per sqft
8 Aug 2017RentedNew contract
AED 70,000/yr12 months · AED 61 per sqft
15 Jun 2017RentedNew contract
AED 65,000/yr12 months · AED 57 per sqft
12 Nov 2016RentedRenewal
AED 70,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 15 February 2024.

Key facts

Type
1-bed apartment
Size
1,140 sqft
Floor
3rd of 5
Parking
G-86
Developer
Remraam
Completed
2011
Service charge
AED 18,300 /yr
Last sold
AED 808K · November 2015
Building
Al Thamam 18

About 303, Al Thamam 18

303 is a one-bedroom apartment of 1,140 sqft on the 3rd floor of Al Thamam 18, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 1 November 2015 for AED 808,000, or AED 708 per sqft, 40% above the AED 504 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 15 February 2024, is AED 48,000 a year: a gross yield of 5.9% on the 2015 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 18
500K750K2009201320172021Typical sale price by year: 2009 AED 625,909; 2013 AED 596,400; 2014 AED 539,230; 2015 AED 542,748; 2023 AED 410,000Sold by developer, March 2009: AED 847,461 (AED 743 per sqft)Sold, September 2013: AED 713,028 (AED 625 per sqft)Sold, October 2013: AED 356,514 (AED 625 per sqft)Sold, November 2015: AED 808,000 (AED 708 per sqft)

303 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 303, each contractTypical one-bed in Al Thamam 18
40K60K2013201720212025Typical rent by year: 2013 AED 45,000; 2014 AED 55,000; 2015 AED 56,000; 2016 AED 60,000; 2017 AED 57,500; 2018 AED 48,300; 2019 AED 45,000; 2020 AED 35,000; 2021 AED 33,000; 2022 AED 36,000; 2023 AED 40,000; 2024 AED 47,250; 2025 AED 54,000; 2026 AED 57,000New contract, September 2013: AED 48,000 a yearNew contract, November 2015: AED 70,000 a yearRenewal, November 2016: AED 70,000 a yearNew contract, June 2017: AED 65,000 a yearNew contract, August 2017: AED 70,000 a yearNew contract, February 2019: AED 55,000 a yearRenewal, February 2020: AED 46,000 a yearNew contract, February 2021: AED 36,000 a yearNew contract, February 2023: AED 44,000 a yearNew contract, February 2024: AED 48,000 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 18, and where 303 sits

All 24 1-beds →

303 last sold in November 2015 at AED 708 per sqft, 40% above what one-beds in Al Thamam 18 were fetching at the time (AED 504). 303's AED 48,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 2025700,000
6 Nov 2024540,000
25 Apr 2024490,000
13 Dec 2023495,000
0 1-bed sales in the last 12 months

Al Thamam 18

Building

58 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 961
Typical sale
AED 1.18M
Typical rent
AED 52K /yr
Typical yield
7.3%
Al Thamam 18, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 58 units in Al Thamam 18
Value
301StudioAED 300K · Aug 2022
3021-bedAED 450K · Oct 2014
3042-bedAED 800K · Aug 2024
3051-bedAED 540K · Nov 2024
3061-bedAED 490K · Apr 2024
3072-bedAED 295K · Sep 2020
3081-bedAED 424K · Jun 2009
1–7 of 10

303, Al Thamam 18 in numbers

  • Sold 4 times: first on 31 March 2009 for AED 847,461, last on 1 November 2015 for AED 808,000 (AED 708 per sqft).
  • Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 48,000 to AED 36,000 in 2021 and recovered to AED 48,000 by February 2024.
  • At AED 48,000 a year the gross yield on the 2015 price is 5.9%, before a service charge of about AED 18,300 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 15 February 2024.

Questions about 303, Al Thamam 18

What did unit 303 last sell for?

AED 808,000 on 1 November 2015: AED 708 per sqft for 1,140 sqft. The unit has 4 registered sales; the first was AED 847,461 in March 2009.

What is the rent for unit 303?

AED 48,000 a year on the contract signed on 15 February 2024. The previous contract, from February 2023, was AED 44,000; the unit has been rented since September 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 18

Starts from the last sale price (AED 808K, 1 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 808,000
Deposit, UAE resident (20%)
AED 161,600
Deposit, non-resident (40%)
AED 323,200
Monthly over 25 years at 3.7%
AED 3,306

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