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2-bed · 1,005 sqftAl Thamam 51, Remraam · 3rd floor · completed 2011

304, Al Thamam 51

Sold prices and rental history: sold 4 times, last in October 2018, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 30 October 2018
Last soldAED 760K30 October 2018
Current rentAED 83K /yr1 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Al Thamam 51

What is 304 worth today?

Last sold for AED 760,000 in 2018

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30 Oct 2018SoldReady
AED 760,000AED 756 per sqft
1 Sep 2017RentedRenewal
AED 83,000/yr12 months · AED 83 per sqft
1 Sep 2016RentedNew contract
AED 83,000/yr12 months · AED 83 per sqft
8 May 2014SoldReady
AED 530,000AED 527 per sqft
3 Feb 2014SoldReady
AED 868,777AED 864 per sqft
21 Apr 2009Sold by developerOff-plan
AED 883,240AED 878 per sqft

Source: Dubai Land Department. Updated 30 October 2018.

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 760K · October 2018
Building
Al Thamam 51

About 304, Al Thamam 51

304 is a two-bedroom apartment of 1,005 sqft on the 3rd floor of Al Thamam 51, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 30 October 2018 for AED 760,000, or AED 756 per sqft.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 1 September 2017, is AED 83,000 a year: a gross yield of 10.9% on the 2018 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 51
600K800K1M2009201420192024Typical sale price by year: 2009 AED 933,000; 2013 AED 917,925; 2014 AED 911,845; 2016 AED 830,000; 2025 AED 915,000Sold by developer, April 2009: AED 883,240 (AED 878 per sqft)Sold, February 2014: AED 868,777 (AED 864 per sqft)Sold, May 2014: AED 530,000 (AED 527 per sqft)Sold, October 2018: AED 760,000 (AED 756 per sqft)

304 has sold 4 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 51
60K80K2013201720212025Typical rent by year: 2013 AED 65,000; 2014 AED 76,000; 2015 AED 82,000; 2016 AED 83,000; 2017 AED 80,000; 2018 AED 74,857; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 52,000; 2022 AED 56,000; 2023 AED 73,000; 2024 AED 81,500; 2025 AED 86,500; 2026 AED 79,000New contract, September 2016: AED 83,000 a yearRenewal, September 2017: AED 83,000 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 51, and where 304 sits

All 16 2-beds →

304's AED 83,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20251,240,000
2 Feb 2025895,000
8 Jan 2025915,000
14 Sep 2023860,000
0 2-bed sales in the last 12 months

Al Thamam 51

Building

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

Typical price per sqft
AED 903
Typical sale
AED 685K
Typical rent
AED 53K /yr
Typical yield
7.9%
Al Thamam 51, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 47 units in Al Thamam 51
Value
3011-bedAED 519K · Apr 2014
3031-bedAED 414K · Jun 2009
3052-bedAED 1.06M · Mar 2014
3061-bedAED 499K · Aug 2022
3071-bedAED 349K · Aug 2013
3081-bedAED 251K · Aug 2013
309StudioAED 255K · Apr 2022

304, Al Thamam 51 in numbers

  • Sold 4 times: first on 21 April 2009 for AED 883,240, last on 30 October 2018 for AED 760,000 (AED 756 per sqft).
  • Rented since September 2016 on 2 Ejari contracts, at AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2018 price is 10.9%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 30 October 2018.

Questions about 304, Al Thamam 51

What did unit 304 last sell for?

AED 760,000 on 30 October 2018: AED 756 per sqft for 1,005 sqft. The unit has 4 registered sales; the first was AED 883,240 in April 2009.

What is the rent for unit 304?

AED 83,000 a year on the contract renewed on 1 September 2017. The previous contract, from September 2016, was AED 83,000.

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.

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Mortgage on 304, Al Thamam 51

Starts from the last sale price (AED 760K, 30 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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