1-bed · 1,149 sqftAl Thamam 11, Remraam · 3rd floor · completed 2011

303, Al Thamam 11

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 26 September 2022
Last soldAED 855K20 May 2009
Current rentAED 40K /yr26 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Al Thamam 11

What is 303 worth today?

Last sold for AED 855,459 in 2009

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26 Sep 2022RentedNew contract
AED 40,000/yr12 months · AED 35 per sqft
26 Dec 2020RentedRenewal
AED 41,000/yr12 months · AED 36 per sqft
26 Dec 2019RentedNew contract
AED 43,000/yr12 months · AED 37 per sqft
1 Aug 2018RentedNew contract
AED 52,000/yr12 months · AED 45 per sqft
4 Jun 2017RentedNew contract
AED 65,000/yr12 months · AED 57 per sqft
20 May 2009Sold by developerOff-plan
AED 855,459AED 744 per sqft

Source: Dubai Land Department. Updated 26 September 2022.

Key facts

Type
1-bed apartment
Size
1,149 sqft
Floor
3rd of 7
Parking
G-50
Developer
Remraam
Completed
2011
Service charge
AED 18,500 /yr
Last sold
AED 855K · May 2009
Building
Al Thamam 11

About 303, Al Thamam 11

303 is a one-bedroom apartment of 1,149 sqft on the 3rd floor of Al Thamam 11, a 7-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 20 May 2009 for AED 855,459, or AED 744 per sqft, 16% below the AED 886 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 26 September 2022, is AED 40,000 a year: a gross yield of 4.7% on the 2009 price, before the service charge of about AED 18,500 a year.

Sales and rents for 303 over time

Rents
Unit 303, each contractTypical one-bed in Al Thamam 11
40K60K2017202020232026Typical rent by year: 2017 AED 57,000; 2018 AED 52,000; 2019 AED 44,920; 2020 AED 35,000; 2021 AED 32,000; 2022 AED 36,000; 2023 AED 39,710; 2024 AED 44,258; 2025 AED 48,100; 2026 AED 61,000New contract, June 2017: AED 65,000 a yearNew contract, August 2018: AED 52,000 a yearNew contract, December 2019: AED 43,000 a yearRenewal, December 2020: AED 41,000 a yearNew contract, September 2022: AED 40,000 a year

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

1-beds in Al Thamam 11, and where 303 sits

All 29 1-beds →

303 last sold in May 2009 at AED 744 per sqft, 16% below what one-beds in Al Thamam 11 were fetching at the time (AED 886). 303's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Dec 2015351,330
20 May 2009855,459
20 May 2009629,036
20 May 2009605,297
0 1-bed sales in the last 12 months

Al Thamam 11

Building

63 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 941
Typical sale
AED 1.45M
Typical rent
AED 61K /yr
Typical yield
7.1%
Al Thamam 11, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 63 units in Al Thamam 11
Value
3011-bedAED 546K · May 2009
3021-bedAED 855K · May 2009
3042-bedAED 815K · May 2009
3052-bedAED 815K · May 2009
3071-bedAED 855K · May 2009
3081-bedAED 528K · May 2009
309StudioAED 330K · Oct 2024

303, Al Thamam 11 in numbers

  • Sold once: by Remraam on 20 May 2009 for AED 855,459, or AED 744 per sqft.
  • Rented since June 2017 on 5 Ejari contracts, from AED 65,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2009 price is 4.7%, before a service charge of about AED 18,500 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 26 September 2022.

Questions about 303, Al Thamam 11

What did unit 303 last sell for?

AED 855,459 on 20 May 2009, sold by the developer: AED 744 per sqft for 1,149 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 40,000 a year on the contract signed on 26 September 2022. The previous contract, from December 2020, was AED 41,000; the unit has been rented since June 2017.

How big is unit 303?

1,149 sqft (106.7 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2011.

What is unit 303 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 303, Al Thamam 11

Starts from the last sale price (AED 855K, 20 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 855,459
Deposit, UAE resident (20%)
AED 171,092
Deposit, non-resident (40%)
AED 342,184
Monthly over 25 years at 3.7%
AED 3,500

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