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2-bed · 1,018 sqftAl Thamam 59, Remraam · 3rd floor · completed 2011

304, Al Thamam 59

Sold prices and rental history: sold 3 times, last in October 2024, 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 9 October 2024
Last soldAED 850K9 October 2024
Current rentAED 40K /yr10 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Al Thamam 59

What is 304 worth today?

Last sold for AED 850,000 in 2024

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9 Oct 2024SoldReady
AED 850,000AED 834 per sqft
10 Oct 2020RentedNew contract
AED 40,000/yr12 months · AED 39 per sqft
30 Oct 2019RentedRenewal
AED 56,000/yr12 months · AED 55 per sqft
30 Oct 2018RentedNew contract
AED 58,000/yr12 months · AED 57 per sqft
10 Jun 2017RentedRenewal
AED 67,200/yr12 months · AED 66 per sqft
10 Jun 2016RentedRenewal
AED 64,000/yr12 months · AED 63 per sqft
10 Jun 2015RentedRenewal
AED 64,000/yr12 months · AED 63 per sqft
10 Jun 2014RentedNew contract
AED 60,900/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 9 October 2024.

Key facts

Type
2-bed apartment
Size
1,018 sqft
Floor
3rd of 5
Parking
G-51
Developer
Remraam
Completed
2011
Service charge
AED 16,400 /yr
Last sold
AED 850K · October 2024
Building
Al Thamam 59

About 304, Al Thamam 59

304 is a two-bedroom apartment of 1,018 sqft on the 3rd floor of Al Thamam 59, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 9 October 2024 for AED 850,000, or AED 834 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 10 October 2020, is AED 40,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 16,400 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Al Thamam 59
500K1M2009201420192024Typical sale price by year: 2009 AED 914,347; 2012 AED 886,848; 2013 AED 906,550; 2014 AED 801,367; 2015 AED 458,602; 2017 AED 960,000; 2024 AED 850,000; 2025 AED 1,200,000Sold by developer, April 2009: AED 926,784 (AED 910 per sqft)Sold, December 2012: AED 886,848 (AED 870 per sqft)Sold, October 2024: AED 850,000 (AED 834 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 59
40K60K80K2013201720212025Typical rent by year: 2013 AED 56,500; 2014 AED 72,500; 2015 AED 75,000; 2016 AED 75,149; 2017 AED 77,500; 2018 AED 75,000; 2019 AED 58,000; 2020 AED 56,000; 2021 AED 52,000; 2022 AED 55,000; 2023 AED 58,000; 2024 AED 73,500; 2025 AED 68,000New contract, June 2013: AED 58,000 a yearNew contract, June 2014: AED 60,900 a yearRenewal, June 2015: AED 64,000 a yearRenewal, June 2016: AED 64,000 a yearRenewal, June 2017: AED 67,200 a yearNew contract, October 2018: AED 58,000 a yearRenewal, October 2019: AED 56,000 a yearNew contract, October 2020: AED 40,000 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 59, and where 304 sits

All 16 2-beds →

Over the last 12 months two-beds sold for AED 1,310,000, around AED 819 per sqft, and rent for AED 30,000 to 85,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Nov 20251,310,000
11 Sep 20251,250,000
9 Apr 20251,150,000
6 Mar 20251,125,000
1 2-bed sale in the last 12 months

Al Thamam 59

Building

48 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 880
Typical sale
AED 1.01M
Typical rent
AED 49K /yr
Typical yield
8.8%
Al Thamam 59, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 48 units in Al Thamam 59
Value
3011-bedAED 625K · Sep 2025
3021-bedAED 770K · Aug 2025
3031-bedAED 349K · Jun 2013
3052-bedAED 870K · Jan 2017
3061-bedAED 480K · Jul 2022
3071-bedAED 973K · May 2014
3081-bedAED 289K · Sep 2013
1–7 of 8

304, Al Thamam 59 in numbers

  • Sold 3 times: first on 21 April 2009 for AED 926,784, last on 9 October 2024 for AED 850,000 (AED 834 per sqft).
  • Rented since June 2013 on 8 Ejari contracts, from AED 58,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 16,400 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 59 sold for AED 1,310,000–1,310,000 in the 12 months to November 2026; the building's median across all types is AED 880 per sqft.

Source: Dubai Land Department. Updated 9 October 2024.

Questions about 304, Al Thamam 59

What did unit 304 last sell for?

AED 850,000 on 9 October 2024: AED 834 per sqft for 1,018 sqft. The unit has 3 registered sales; the first was AED 926,784 in April 2009.

What is the rent for unit 304?

AED 40,000 a year on the contract signed on 10 October 2020. The previous contract, from October 2019, was AED 56,000; the unit has been rented since June 2013.

How big is unit 304?

1,018 sqft (94.6 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 59 sold for AED 1,310,000 to 1,310,000 in the last 12 months, around AED 819 per sqft.

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Mortgage on 304, Al Thamam 59

Starts from the last sale price (AED 850K, 9 October 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 →