2-bed · 1,005 sqftAl Thamam 22, Remraam · 3rd floor · completed 2011

304, Al Thamam 22

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 3 April 2024
Last soldAED 850K3 April 2024
Current rentAED 52K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Al Thamam 22

What is 304 worth today?

Last sold for AED 850,000 in 2024

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3 Apr 2024SoldReady
AED 850,000AED 845 per sqft
1 Mar 2023RentedRenewal
AED 51,750/yr12 months · AED 52 per sqft
1 Mar 2022RentedRenewal
AED 51,750/yr12 months · AED 52 per sqft
1 Mar 2021RentedNew contract
AED 40,000/yr12 months · AED 40 per sqft
7 Feb 2020RentedNew contract
AED 53,000/yr12 months · AED 53 per sqft
15 Jan 2019RentedRenewal
AED 68,000/yr12 months · AED 68 per sqft
15 Jan 2018RentedRenewal
AED 76,000/yr12 months · AED 76 per sqft
15 Jan 2017RentedNew contract
AED 82,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 3 April 2024.

Key facts

Type
2-bed apartment
Size
1,005 sqft
Floor
3rd of 5
Parking
G-51
Developer
Remraam
Completed
2011
Service charge
AED 16,200 /yr
Last sold
AED 850K · April 2024
Building
Al Thamam 22

About 304, Al Thamam 22

304 is a two-bedroom apartment of 1,005 sqft on the 3rd floor of Al Thamam 22, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 3 April 2024 for AED 850,000, or AED 845 per sqft, 21% above the AED 699 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 51,750 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 16,200 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Al Thamam 22
750K1M2009201320172021Typical sale price by year: 2009 AED 960,308; 2012 AED 850,853; 2013 AED 936,283; 2014 AED 1,085,000; 2016 AED 954,500; 2022 AED 635,000; 2023 AED 780,000Sold by developer, April 2009: AED 945,447 (AED 940 per sqft)Sold, November 2013: AED 811,277 (AED 806 per sqft)Sold, April 2024: AED 850,000 (AED 845 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Al Thamam 22
50K75K2013201720212025Typical rent by year: 2013 AED 70,000; 2014 AED 70,000; 2015 AED 74,000; 2016 AED 85,000; 2017 AED 82,500; 2018 AED 78,000; 2019 AED 68,000; 2020 AED 57,000; 2021 AED 50,000; 2022 AED 54,000; 2023 AED 69,000; 2024 AED 72,000; 2025 AED 88,000; 2026 AED 81,500New contract, March 2014: AED 80,000 a yearRenewal, March 2015: AED 80,000 a yearRenewal, March 2016: AED 84,000 a yearNew contract, January 2017: AED 82,000 a yearRenewal, January 2018: AED 76,000 a yearRenewal, January 2019: AED 68,000 a yearNew contract, February 2020: AED 53,000 a yearNew contract, March 2021: AED 40,000 a yearRenewal, March 2022: AED 51,750 a yearRenewal, March 2023: AED 51,750 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 22, and where 304 sits

All 16 2-beds →

304 last sold in April 2024 at AED 845 per sqft, 21% above what two-beds in Al Thamam 22 were fetching at the time (AED 699). Over the last 12 months two-beds sold for AED 1,050,000, around AED 1,044 per sqft, and rent for AED 65,412 to 90,000 a year. 304's AED 51,750 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Feb 20261,050,000
23 Jun 2025875,000
11 Jul 2024875,000
26 Sep 2023850,000
1 2-bed sale in the last 12 months

Al Thamam 22

Building

47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 1,044
Typical sale
AED 1.05M
Typical rent
AED 60K /yr
Typical yield
7.6%
Al Thamam 22, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 47 units in Al Thamam 22
Value
3011-bedAED 485K · Feb 2024
3021-bedAED 943K · Jan 2014
3031-bedAED 713K · Dec 2013
3052-bedAED 810K · May 2013
3061-bedAED 73K · Aug 2018
3071-bedAED 950K · Jun 2014
3081-bedAED 490K · May 2013
1–7 of 8

304, Al Thamam 22 in numbers

  • Sold 3 times: first on 10 April 2009 for AED 945,447, last on 3 April 2024 for AED 850,000 (AED 845 per sqft).
  • Rented since March 2014 on 10 Ejari contracts. The rent fell from AED 80,000 to AED 40,000 in 2021 and recovered to AED 51,750 by March 2023.
  • At AED 51,750 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 22 sold for AED 1,050,000–1,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,044 per sqft.

Source: Dubai Land Department. Updated 3 April 2024.

Questions about 304, Al Thamam 22

What did unit 304 last sell for?

AED 850,000 on 3 April 2024: AED 845 per sqft for 1,005 sqft. The unit has 3 registered sales; the first was AED 945,447 in April 2009.

What is the rent for unit 304?

AED 51,750 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 51,750; the unit has been rented since March 2014.

How big is unit 304?

1,005 sqft (93.4 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2011.

What is unit 304 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 22 sold for AED 1,050,000 to 1,050,000 in the last 12 months, around AED 1,044 per sqft.

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Mortgage on 304, Al Thamam 22

Starts from the last sale price (AED 850K, 3 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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