Studio · 387 sqftAl Thamam 32, Remraam · 3rd floor · completed 2011

309, Al Thamam 32

Sold prices and rental history: sold 4 times, last in September 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 3 September 2024
Last soldAED 410K3 September 2024
Current rentAED 24K /yr30 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Al Thamam 32

What is 309 worth today?

Last sold for AED 410,000 in 2024

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3 Sep 2024SoldReady
AED 410,000AED 1,059 per sqft
30 May 2024RentedNew contract
AED 24,000/yr12 months · AED 62 per sqft
20 Jan 2019RentedNew contract
AED 27,000/yr12 months · AED 70 per sqft
25 Oct 2017SoldReady
AED 415,000AED 1,072 per sqft
20 Mar 2017SoldReady
AED 373,375AED 964 per sqft
29 Oct 2015Sold by developerReady
AED 373,375AED 964 per sqft

Source: Dubai Land Department. Updated 3 September 2024.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
3rd of 5
Parking
G-121
Developer
Remraam
Completed
2011
Service charge
AED 6,200 /yr
Last sold
AED 410K · September 2024
Building
Al Thamam 32

About 309, Al Thamam 32

309 is a studio of 387 sqft on the 3rd floor of Al Thamam 32, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 3 September 2024 for AED 410,000, or AED 1,059 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 30 May 2024, is AED 24,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 6,200 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical studio in Al Thamam 32
375K400K2009201420192024Typical sale price by year: 2009 AED 375,950; 2012 AED 367,920Sold by developer, October 2015: AED 373,375 (AED 964 per sqft)Sold, March 2017: AED 373,375 (AED 964 per sqft)Sold, October 2017: AED 415,000 (AED 1,072 per sqft)Sold, September 2024: AED 410,000 (AED 1,059 per sqft)

309 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 309, each contractTypical studio in Al Thamam 32
20K30K2019202120232025Typical rent by year: 2019 AED 30,000; 2020 AED 21,000; 2021 AED 20,000; 2024 AED 32,000New contract, January 2019: AED 27,000 a yearNew contract, May 2024: AED 24,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Al Thamam 32, and where 309 sits

All 4 studios →
Recent studio salesUnit no.Price (AED)Summary
20 May 2024370,000
6 Mar 2023270,000
13 Nov 2012367,920
13 Nov 2012362,880
0 studio sales in the last 12 months

Al Thamam 32

Building

46 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 803
Typical sale
AED 720K
Typical rent
AED 78K /yr
Typical yield
8.8%
Al Thamam 32, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 46 units in Al Thamam 32
Value
3011-bedAED 512K · Aug 2014
3021-bedAED 445K · Jun 2014
3031-bedAED 850K · Oct 2025
3042-bedAED 650K · Jan 2021
3052-bedAED 781K · May 2014
3061-bedAED 800K · Apr 2015
3081-bedAED 640K · Jul 2026

309, Al Thamam 32 in numbers

  • Sold 4 times: first on 29 October 2015 for AED 373,375, last on 3 September 2024 for AED 410,000 (AED 1,059 per sqft).
  • Rented since January 2019 on 2 Ejari contracts, from AED 27,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 6,200 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 3 September 2024.

Questions about 309, Al Thamam 32

What did unit 309 last sell for?

AED 410,000 on 3 September 2024: AED 1,059 per sqft for 387 sqft. The unit has 4 registered sales; the first was AED 373,375 in October 2015.

What is the rent for unit 309?

AED 24,000 a year on the contract signed on 30 May 2024. The previous contract, from January 2019, was AED 27,000.

How big is unit 309?

387 sqft (36.0 sqm): a studio on the 3rd floor of a 5-storey tower completed in 2011.

What is unit 309 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 309, Al Thamam 32

Starts from the last sale price (AED 410K, 3 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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