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2-bed · 1,149 sqftAl Thamam 24, Remraam · 3rd floor · completed 2011

307, Al Thamam 24

Sold prices and rental history: sold 5 times, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 23 May 2023
Last soldAED 770K23 May 2023
Current rentAED 62K /yr25 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 307, Al Thamam 24

What is 307 worth today?

Last sold for AED 770,000 in 2023

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23 May 2023SoldReady
AED 770,000AED 669 per sqft
25 Feb 2022RentedNew contract
AED 62,000/yr12 months · AED 54 per sqft
15 Feb 2021RentedRenewal
AED 58,000/yr12 months · AED 50 per sqft
15 Feb 2020RentedNew contract
AED 58,000/yr12 months · AED 50 per sqft
20 Feb 2019RentedRenewal
AED 82,000/yr12 months · AED 71 per sqft
20 Feb 2018RentedNew contract
AED 84,000/yr12 months · AED 73 per sqft
10 Jun 2014RentedNew contract
AED 90,000/yr12 months · AED 78 per sqft
2 Jun 2014SoldReady
AED 1,300,000AED 1,131 per sqft

Source: Dubai Land Department. Updated 23 May 2023.

Key facts

Type
2-bed apartment
Size
1,149 sqft
Floor
3rd of 6
Parking
G-107
Developer
Remraam
Completed
2011
Service charge
AED 18,500 /yr
Last sold
AED 770K · May 2023
Building
Al Thamam 24

About 307, Al Thamam 24

307 is a two-bedroom apartment of 1,149 sqft on the 3rd floor of Al Thamam 24, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 23 May 2023 for AED 770,000, or AED 669 per sqft.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 25 February 2022, is AED 62,000 a year: a gross yield of 8.1% on the 2023 price, before the service charge of about AED 18,500 a year.

Sales and rents for 307 over time

Sales
Unit 307, 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, April 2009: AED 1,087,564 (AED 946 per sqft)Sold, March 2014: AED 925,819 (AED 805 per sqft)Sold, April 2014: AED 1,100,000 (AED 957 per sqft)Sold, June 2014: AED 1,300,000 (AED 1,131 per sqft)Sold, May 2023: AED 770,000 (AED 669 per sqft)

307 has sold 5 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 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, June 2014: AED 90,000 a yearNew contract, February 2018: AED 84,000 a yearRenewal, February 2019: AED 82,000 a yearNew contract, February 2020: AED 58,000 a yearRenewal, February 2021: AED 58,000 a yearNew contract, February 2022: AED 62,000 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 307 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. 307's AED 62,000 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
3042-bedAED 473K · Oct 2012
3052-bedAED 950K · Jan 2017
3062-bedAED 1.06M · Oct 2016
3081-bedAED 301K · Jun 2013
1–7 of 8

307, Al Thamam 24 in numbers

  • Sold 5 times: first on 26 April 2009 for AED 1,087,564, last on 23 May 2023 for AED 770,000 (AED 669 per sqft).
  • Rented since June 2014 on 6 Ejari contracts, from AED 90,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2023 price is 8.1%, before a service charge of about AED 18,500 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 23 May 2023.

Questions about 307, Al Thamam 24

What did unit 307 last sell for?

AED 770,000 on 23 May 2023: AED 669 per sqft for 1,149 sqft. The unit has 5 registered sales; the first was AED 1,087,564 in April 2009.

What is the rent for unit 307?

AED 62,000 a year on the contract signed on 25 February 2022. The previous contract, from February 2021, was AED 58,000; the unit has been rented since June 2014.

How big is unit 307?

1,149 sqft (106.7 sqm): a two-bedroom apartment on the 3rd floor of a 6-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 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 307, Al Thamam 24

Starts from the last sale price (AED 770K, 23 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 770,000
Deposit, UAE resident (20%)
AED 154,000
Deposit, non-resident (40%)
AED 308,000
Monthly over 25 years at 3.7%
AED 3,150

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