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2-bed · 1,006 sqftAl Thamam 12, Remraam · 3rd floor · completed 2011

304, Al Thamam 12

Sold prices and rental history: sold twice, last in November 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 16 November 2024
Last soldAED 975K18 November 2015
Current rentAED 80K /yr16 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Al Thamam 12

What is 304 worth today?

Last sold for AED 975,000 in 2015

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16 Nov 2024RentedNew contract
AED 80,000/yr12 months · AED 80 per sqft
15 Mar 2024RentedRenewal
AED 67,000/yr12 months · AED 67 per sqft
15 Mar 2023RentedRenewal
AED 60,000/yr12 months · AED 60 per sqft
15 Mar 2022RentedRenewal
AED 51,000/yr12 months · AED 51 per sqft
15 Mar 2019RentedNew contract
AED 60,000/yr12 months · AED 60 per sqft
18 Nov 2015SoldReady
AED 975,000AED 969 per sqft
1 Nov 2015Sold by developerReady
AED 758,629AED 754 per sqft

Source: Dubai Land Department. Updated 16 November 2024.

Key facts

Type
2-bed apartment
Size
1,006 sqft
Floor
3rd of 5
Parking
G-110
Developer
Remraam
Completed
2011
Service charge
AED 16,200 /yr
Last sold
AED 975K · November 2015
Building
Al Thamam 12

About 304, Al Thamam 12

304 is a two-bedroom apartment of 1,006 sqft on the 3rd floor of Al Thamam 12, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 18 November 2015 for AED 975,000, or AED 969 per sqft, 18% above the AED 822 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 16 November 2024, is AED 80,000 a year: a gross yield of 8.2% on the 2015 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 12
800K900K1M2009201120132015Typical sale price by year: 2009 AED 949,569; 2011 AED 889,958; 2013 AED 889,958; 2014 AED 877,767; 2015 AED 962,285Sold, November 2015: AED 975,000 (AED 969 per sqft)Sold by developer, November 2015: AED 758,629 (AED 754 per sqft)

304 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 304, each contractTypical two-bed in Al Thamam 12
60K80K2013201720212025Typical rent by year: 2013 AED 65,000; 2014 AED 65,000; 2015 AED 80,000; 2016 AED 79,688; 2017 AED 78,000; 2018 AED 73,500; 2019 AED 69,000; 2020 AED 50,000; 2021 AED 56,000; 2022 AED 55,000; 2023 AED 58,875; 2024 AED 65,427; 2025 AED 77,750New contract, March 2019: AED 60,000 a yearRenewal, March 2022: AED 51,000 a yearRenewal, March 2023: AED 60,000 a yearRenewal, March 2024: AED 67,000 a yearNew contract, November 2024: AED 80,000 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 12, and where 304 sits

All 15 2-beds →

304 last sold in November 2015 at AED 969 per sqft, 18% above what two-beds in Al Thamam 12 were fetching at the time (AED 822).

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jan 20251,200,000
15 May 20241,070,000
4 Mar 20241,050,000
27 Jul 2023720,000
0 2-bed sales in the last 12 months

Al Thamam 12

Building

47 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 853
Typical sale
AED 803K
Typical rent
AED 62K /yr
Typical yield
9.4%
Al Thamam 12, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 47 units in Al Thamam 12
Value
3011-bedAED 385K · Mar 2023
3021-bedAED 829K · Oct 2012
3031-bedAED 829K · May 2013
3052-bedAED 520K · Feb 2022
3061-bedAED 845K · Jan 2026
3071-bedAED 829K · May 2013
3081-bedAED 360K · Dec 2022
1–7 of 8

304, Al Thamam 12 in numbers

  • Sold twice: first on 1 November 2015 for AED 758,629, last on 18 November 2015 for AED 975,000 (AED 969 per sqft).
  • Rented since March 2019 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 51,000 in 2022 and recovered to AED 80,000 by November 2024.
  • At AED 80,000 a year the gross yield on the 2015 price is 8.2%, before a service charge of about AED 16,200 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 16 November 2024.

Questions about 304, Al Thamam 12

What did unit 304 last sell for?

AED 975,000 on 18 November 2015: AED 969 per sqft for 1,006 sqft. The unit has 2 registered sales; the first was AED 758,629 in November 2015.

What is the rent for unit 304?

AED 80,000 a year on the contract signed on 16 November 2024. The previous contract, from March 2024, was AED 67,000; the unit has been rented since March 2019.

How big is unit 304?

1,006 sqft (93.5 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 12

Starts from the last sale price (AED 975K, 18 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

Plus AED 45,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →