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2-bed · 1,005 sqftAl Thamam 24, Remraam · 3rd floor · completed 2011

304, Al Thamam 24

Sold prices and rental history: sold twice, last in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 September 2019
Last soldAED 473K8 October 2012
Current rentAED 60K /yr1 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Al Thamam 24

What is 304 worth today?

Last sold for AED 472,720 in 2012

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1 Sep 2019RentedNew contract
AED 60,000/yr12 months · AED 60 per sqft
1 Aug 2018RentedRenewal
AED 70,000/yr12 months · AED 70 per sqft
1 Aug 2017RentedNew contract
AED 74,000/yr12 months · AED 74 per sqft
28 Nov 2016RentedRenewal
AED 75,000/yr12 months · AED 75 per sqft
27 Nov 2015RentedNew contract
AED 74,792/yr12 months · AED 75 per sqft
27 Nov 2014RentedNew contract
AED 69,806/yr12 months · AED 70 per sqft
29 Nov 2013RentedNew contract
AED 70,000/yr12 months · AED 70 per sqft
8 Oct 2012SoldReady
AED 472,720AED 470 per sqft

Source: Dubai Land Department. Updated 1 September 2019.

Key facts

Type
2-bed apartment
Size
1,005 sqft
Floor
3rd of 6
Parking
G-110
Developer
Remraam
Completed
2011
Service charge
AED 16,200 /yr
Last sold
AED 473K · October 2012
Building
Al Thamam 24

About 304, Al Thamam 24

304 is a two-bedroom apartment of 1,005 sqft on the 3rd floor of Al Thamam 24, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 8 October 2012 for AED 472,720, or AED 470 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 September 2019, is AED 60,000 a year: a gross yield of 12.7% on the 2012 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 24
500K1M2009201420192024Typical sale price by year: 2009 AED 997,682; 2010 AED 509,807; 2012 AED 747,128; 2013 AED 997,661; 2014 AED 924,453; 2015 AED 973,524; 2021 AED 633,750; 2023 AED 765,000; 2025 AED 1,338,000; 2026 AED 1,300,000Sold by developer, June 2009: AED 472,724 (AED 470 per sqft)Sold, October 2012: AED 472,720 (AED 470 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Al Thamam 24
60K80K2013201720212025Typical rent by year: 2013 AED 67,500; 2014 AED 80,000; 2015 AED 82,000; 2016 AED 82,377; 2017 AED 82,000; 2018 AED 76,500; 2019 AED 66,000; 2020 AED 58,000; 2021 AED 51,500; 2022 AED 58,893; 2023 AED 59,150; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 80,000New contract, November 2013: AED 70,000 a yearNew contract, November 2014: AED 69,806 a yearNew contract, November 2015: AED 74,792 a yearRenewal, November 2016: AED 75,000 a yearNew contract, August 2017: AED 74,000 a yearRenewal, August 2018: AED 70,000 a yearNew contract, September 2019: AED 60,000 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 24, and where 304 sits

All 22 2-beds →

Over the last 12 months two-beds sold for AED 1,050,000 to 1,310,000, around AED 874 per sqft, and rent for AED 66,000 to 88,000 a year. 304's AED 60,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20261,310,000
26 Jan 20261,050,000
9 Jan 20261,300,000
7 Nov 20251,350,000
3 2-bed sales in the last 12 months

Al Thamam 24

Building

57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.

Typical price per sqft
AED 907
Typical sale
AED 1.18M
Typical rent
AED 60K /yr
Typical yield
8.2%
Al Thamam 24, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 57 units in Al Thamam 24
Value
3011-bedAED 605K · Oct 2012
3022-bedAED 950K · Oct 2023
3032-bedAED 1.34M · Apr 2025
3052-bedAED 950K · Jan 2017
3062-bedAED 1.06M · Oct 2016
3072-bedAED 770K · May 2023
3081-bedAED 301K · Jun 2013
1–7 of 8

304, Al Thamam 24 in numbers

  • Sold twice: first on 9 June 2009 for AED 472,724, last on 8 October 2012 for AED 472,720 (AED 470 per sqft).
  • Rented since November 2013 on 7 Ejari contracts, from AED 70,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2012 price is 12.7%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 24 sold for AED 1,050,000–1,310,000 in the 12 months to November 2026; the building's median across all types is AED 907 per sqft.

Source: Dubai Land Department. Updated 1 September 2019.

Questions about 304, Al Thamam 24

What did unit 304 last sell for?

AED 472,720 on 8 October 2012: AED 470 per sqft for 1,005 sqft. The unit has 2 registered sales; the first was AED 472,724 in June 2009.

What is the rent for unit 304?

AED 60,000 a year on the contract signed on 1 September 2019. The previous contract, from August 2018, was AED 70,000; the unit has been rented since November 2013.

How big is unit 304?

1,005 sqft (93.4 sqm): a two-bedroom apartment on the 3rd floor of a 6-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 24 sold for AED 1,050,000 to 1,310,000 in the last 12 months, around AED 874 per sqft.

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Mortgage on 304, Al Thamam 24

Starts from the last sale price (AED 473K, 8 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 472,720
Deposit, UAE resident (20%)
AED 94,544
Deposit, non-resident (40%)
AED 189,088
Monthly over 25 years at 3.7%
AED 1,934

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