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1-bed · 665 sqftAl Thamam 22, Remraam · 3rd floor · completed 2011

308, Al Thamam 22

Sold prices and rental history: sold 3 times, last in May 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 1 July 2021
Last soldAED 490K22 May 2013
Current rentAED 35K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Al Thamam 22

What is 308 worth today?

Last sold for AED 490,000 in 2013

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1 Jul 2021RentedRenewal
AED 35,000/yr12 months · AED 52 per sqft
1 Jul 2020RentedRenewal
AED 38,000/yr12 months · AED 57 per sqft
1 Jul 2019RentedNew contract
AED 38,000/yr12 months · AED 57 per sqft
28 Jun 2018RentedNew contract
AED 48,000/yr12 months · AED 72 per sqft
5 Jun 2017RentedRenewal
AED 50,000/yr12 months · AED 75 per sqft
5 Jun 2016RentedRenewal
AED 50,000/yr12 months · AED 75 per sqft
5 Jun 2015RentedNew contract
AED 45,000/yr12 months · AED 67 per sqft
5 Jun 2014RentedRenewal
AED 40,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 1 July 2021.

Key facts

Type
1-bed apartment
Size
665 sqft
Floor
3rd of 5
Parking
G-55
Developer
Remraam
Completed
2011
Service charge
AED 10,700 /yr
Last sold
AED 490K · May 2013
Building
Al Thamam 22

About 308, Al Thamam 22

308 is a one-bedroom apartment of 665 sqft on the 3rd floor of Al Thamam 22, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 22 May 2013 for AED 490,000, or AED 736 per sqft, 16% below the AED 875 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 July 2021, is AED 35,000 a year: a gross yield of 7.1% on the 2013 price, before the service charge of about AED 10,700 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Al Thamam 22
600K800K2009201320172021Typical sale price by year: 2009 AED 613,732; 2013 AED 599,510; 2014 AED 770,000; 2015 AED 556,430; 2016 AED 632,500; 2023 AED 500,000Sold by developer, March 2009: AED 605,379 (AED 910 per sqft)Sold, May 2013: AED 490,000 (AED 736 per sqft)Sold, May 2013: AED 584,604 (AED 878 per sqft)

308 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 308, each contractTypical one-bed in Al Thamam 22
40K60K2013201720212025Typical rent by year: 2013 AED 40,000; 2014 AED 45,150; 2015 AED 59,000; 2016 AED 66,500; 2017 AED 56,000; 2018 AED 53,000; 2019 AED 42,000; 2020 AED 36,547; 2021 AED 34,000; 2022 AED 36,000; 2023 AED 39,747; 2024 AED 48,000; 2025 AED 55,000; 2026 AED 60,000New contract, June 2013: AED 38,000 a yearRenewal, June 2014: AED 40,000 a yearNew contract, June 2015: AED 45,000 a yearRenewal, June 2016: AED 50,000 a yearRenewal, June 2017: AED 50,000 a yearNew contract, June 2018: AED 48,000 a yearNew contract, July 2019: AED 38,000 a yearRenewal, July 2020: AED 38,000 a yearRenewal, July 2021: AED 35,000 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 22, and where 308 sits

All 21 1-beds →

308 last sold in May 2013 at AED 736 per sqft, 16% below what one-beds in Al Thamam 22 were fetching at the time (AED 875). 308's AED 35,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 May 2024525,000
19 Feb 2024485,000
18 Dec 2023550,000
28 Sep 2023500,000
0 1-bed sales in the last 12 months

Al Thamam 22

Building

47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 1,044
Typical sale
AED 1.05M
Typical rent
AED 60K /yr
Typical yield
7.8%
Al Thamam 22, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 47 units in Al Thamam 22
Value
3011-bedAED 485K · Feb 2024
3021-bedAED 943K · Jan 2014
3031-bedAED 713K · Dec 2013
3042-bedAED 850K · Apr 2024
3052-bedAED 810K · May 2013
3061-bedAED 73K · Aug 2018
3071-bedAED 950K · Jun 2014
1–7 of 8

308, Al Thamam 22 in numbers

  • Sold 3 times: first on 31 March 2009 for AED 605,379, last on 22 May 2013 for AED 490,000 (AED 736 per sqft).
  • Rented since June 2013 on 9 Ejari contracts, from AED 38,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2013 price is 7.1%, before a service charge of about AED 10,700 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 1 July 2021.

Questions about 308, Al Thamam 22

What did unit 308 last sell for?

AED 490,000 on 22 May 2013: AED 736 per sqft for 665 sqft. The unit has 3 registered sales; the first was AED 605,379 in March 2009.

What is the rent for unit 308?

AED 35,000 a year on the contract renewed on 1 July 2021. The previous contract, from July 2020, was AED 38,000; the unit has been rented since June 2013.

How big is unit 308?

665 sqft (61.8 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2011.

What is unit 308 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 308, Al Thamam 22

Starts from the last sale price (AED 490K, 22 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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