2-bed · 1,004 sqftAl Thamam 18, Remraam · 3rd floor · completed 2011

307, Al Thamam 18

Sold prices and rental history: sold 3 times, last in September 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 3 September 2020
Last soldAED 295K3 September 2020
Current rentAED 67K /yr17 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Al Thamam 18

What is 307 worth today?

Last sold for AED 295,000 in 2020

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3 Sep 2020SoldReady
AED 295,000AED 293 per sqft
17 Apr 2019RentedNew contract
AED 67,000/yr12 months · AED 67 per sqft
1 Jan 2019RentedRenewal
AED 70,000/yr12 months · AED 70 per sqft
1 Jan 2018RentedRenewal
AED 78,750/yr12 months · AED 79 per sqft
1 Jan 2017RentedRenewal
AED 78,750/yr12 months · AED 79 per sqft
1 Jan 2016RentedRenewal
AED 78,750/yr12 months · AED 79 per sqft
1 Jan 2015RentedNew contract
AED 75,000/yr12 months · AED 75 per sqft
6 Feb 2013SoldReady
AED 862,750AED 859 per sqft

Source: Dubai Land Department. Updated 3 September 2020.

Key facts

Type
2-bed apartment
Size
1,004 sqft
Floor
3rd of 5
Parking
G-82
Developer
Remraam
Completed
2011
Service charge
AED 16,100 /yr
Last sold
AED 295K · September 2020
Building
Al Thamam 18

About 307, Al Thamam 18

307 is a two-bedroom apartment of 1,004 sqft on the 3rd floor of Al Thamam 18, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 3 September 2020 for AED 295,000, or AED 293 per sqft.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 17 April 2019, is AED 67,000 a year: a gross yield of 22.7% on the 2020 price, before the service charge of about AED 16,100 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in Al Thamam 18
500K1M2009201320172021Typical sale price by year: 2009 AED 893,928; 2013 AED 867,231; 2014 AED 1,077,883; 2021 AED 620,000Sold by developer, March 2009: AED 893,928 (AED 890 per sqft)Sold, February 2013: AED 862,750 (AED 859 per sqft)Sold, September 2020: AED 295,000 (AED 293 per sqft)

307 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 307, each contractTypical two-bed in Al Thamam 18
60K80K2012201620202024Typical rent by year: 2013 AED 66,500; 2014 AED 80,000; 2015 AED 85,000; 2016 AED 85,000; 2017 AED 85,000; 2018 AED 83,250; 2019 AED 70,000; 2020 AED 54,000; 2021 AED 50,000; 2022 AED 54,600; 2023 AED 61,250; 2024 AED 68,000; 2025 AED 82,196New contract, November 2012: AED 50,000 a yearNew contract, January 2015: AED 75,000 a yearRenewal, January 2016: AED 78,750 a yearRenewal, January 2017: AED 78,750 a yearRenewal, January 2018: AED 78,750 a yearRenewal, January 2019: AED 70,000 a yearNew contract, April 2019: AED 67,000 a year

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 18, and where 307 sits

All 16 2-beds →

Over the last 12 months two-beds sold for AED 1,010,000 to 1,350,000, around AED 961 per sqft, and rent for AED 70,000 to 96,000 a year. 307's AED 67,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Feb 20261,350,000
28 Jan 20261,010,000
18 Jun 2025950,000
2 May 2025950,000
2 2-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
3031-bedAED 808K · Nov 2015
3042-bedAED 800K · Aug 2024
3051-bedAED 540K · Nov 2024
3061-bedAED 490K · Apr 2024
3081-bedAED 424K · Jun 2009
1–7 of 10

307, Al Thamam 18 in numbers

  • Sold 3 times: first on 31 March 2009 for AED 893,928, last on 3 September 2020 for AED 295,000 (AED 293 per sqft).
  • Rented since November 2012 on 7 Ejari contracts, from AED 50,000 to AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2020 price is 22.7%, before a service charge of about AED 16,100 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 18 sold for AED 1,010,000–1,350,000 in the 12 months to November 2026; the building's median across all types is AED 961 per sqft.

Source: Dubai Land Department. Updated 3 September 2020.

Questions about 307, Al Thamam 18

What did unit 307 last sell for?

AED 295,000 on 3 September 2020: AED 293 per sqft for 1,004 sqft. The unit has 3 registered sales; the first was AED 893,928 in March 2009.

What is the rent for unit 307?

AED 67,000 a year on the contract signed on 17 April 2019. The previous contract, from January 2019, was AED 70,000; the unit has been rented since November 2012.

How big is unit 307?

1,004 sqft (93.3 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2011.

What is unit 307 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 18 sold for AED 1,010,000 to 1,350,000 in the last 12 months, around AED 961 per sqft.

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Mortgage on 307, Al Thamam 18

Starts from the last sale price (AED 295K, 3 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 295,000
Deposit, UAE resident (20%)
AED 59,000
Deposit, non-resident (40%)
AED 118,000
Monthly over 25 years at 3.7%
AED 1,207

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