309, Al Thamam 61
Sold prices and rental history: sold twice, last in September 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Al Thamam 61
What is 309 worth today?
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Source: Dubai Land Department. Updated 6 November 2022.
Key facts
- Type
- Studio apartment
- Size
- 468 sqft
- Floor
- 3rd of 5
- Parking
- G-105
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,500 /yr
- Last sold
- AED 438K · September 2012
- Building
- Al Thamam 61
About 309, Al Thamam 61
309 is a studio of 468 sqft on the 3rd floor of Al Thamam 61, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 30 September 2012 for AED 438,060, or AED 935 per sqft.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 6 November 2022, is AED 24,000 a year: a gross yield of 5.5% on the 2012 price, before the service charge of about AED 7,500 a year.
Sales and rents for 309 over time
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Thamam 61, and where 309 sits
All 4 studios →| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20244 June 2024 | 468 sqft | 400,000 | 854 | ||
| 17 Nov 201617 November 2016 | 468 sqft | 465,000 | 993 | ||
| 11 Mar 201311 March 2013 | 468 sqft | 375,869 | 802 | ||
| 6 Dec 20126 December 2012 | 468 sqft | 435,120 | 929 |
Al Thamam 61
Building47 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 1,027
- Typical sale
- AED 865K
- Typical rent
- AED 64K /yr
- Typical yield
- 6.8%
Other units on the 3rd floor
All 47 units in Al Thamam 61| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 665 sqft | AED 485KAED 484,610 · Dec 2012December 2012 | 50,400 /yr | |
| 303 | 1-bed | 1,160 sqft | AED 450KAED 450,000 · Apr 2021April 2021 | 54,000 /yr | |
| 304 | 2-bed | 1,006 sqft | AED 870KAED 870,000 · Jan 2025January 2025 | 57,200 /yr | |
| 305 | 2-bed | 1,006 sqft | AED 442KAED 441,620 · Jun 2009June 2009 | 70,000 /yr | |
| 306 | 1-bed | 1,160 sqft | AED 775KAED 775,000 · Apr 2025April 2025 | 68,000 /yr | |
| 307 | 1-bed | 1,160 sqft | AED 698KAED 698,143 · Jan 2013January 2013 | 37,800 /yr | |
| 308 | 1-bed | 689 sqft | AED 650KAED 650,000 · Jul 2025July 2025 | 28,000 /yr |
309, Al Thamam 61 in numbers
- Sold twice: first on 12 May 2009 for AED 438,060, last on 30 September 2012 for AED 438,060 (AED 935 per sqft).
- Rented since December 2013 on 5 Ejari contracts. The rent fell from AED 24,000 to AED 20,000 in 2021 and recovered to AED 24,000 by November 2022.
- At AED 24,000 a year the gross yield on the 2012 price is 5.5%, before a service charge of about AED 7,500 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 6 November 2022.
Questions about 309, Al Thamam 61
What did unit 309 last sell for?
AED 438,060 on 30 September 2012: AED 935 per sqft for 468 sqft. The unit has 2 registered sales; the first was AED 438,060 in May 2009.
What is the rent for unit 309?
AED 24,000 a year on the contract signed on 6 November 2022. The previous contract, from February 2021, was AED 20,000; the unit has been rented since December 2013.
How big is unit 309?
468 sqft (43.5 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 61
Starts from the last sale price (AED 438K, 30 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 438,060
- Deposit, UAE resident (20%)
- AED 87,612
- Deposit, non-resident (40%)
- AED 175,224
- Monthly over 25 years at 3.7%
- AED 1,792
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →