2-bed · 1,161 sqftAl Thamam 24, Remraam · 3rd floor · completed 2011

306, Al Thamam 24

Sold prices and rental history: sold 3 times, last in October 2016, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 1.06M25 October 2016
Current rentAED 72K /yr25 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Al Thamam 24

What is 306 worth today?

Last sold for AED 1,060,000 in 2016

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25 Apr 2024RentedRenewal
AED 72,000/yr12 months · AED 62 per sqft
25 Apr 2023RentedNew contract
AED 72,000/yr12 months · AED 62 per sqft
25 Oct 2016SoldReady
AED 1,060,000AED 912 per sqft
11 Nov 2015RentedNew contract
AED 92,000/yr12 months · AED 79 per sqft
23 Jun 2014SoldReady
AED 934,656AED 804 per sqft
18 Mar 2010Sold by developerOff-plan
AED 543,782AED 468 per sqft

Source: Dubai Land Department. Updated 25 April 2024.

Key facts

Type
2-bed apartment
Size
1,161 sqft
Floor
3rd of 6
Parking
G-108
Developer
Remraam
Completed
2011
Service charge
AED 18,700 /yr
Last sold
AED 1.06M · October 2016
Building
Al Thamam 24

About 306, Al Thamam 24

306 is a two-bedroom apartment of 1,161 sqft on the 3rd floor of Al Thamam 24, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 25 October 2016 for AED 1,060,000, or AED 912 per sqft, in line with the AED 887 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 25 April 2024, is AED 72,000 a year: a gross yield of 6.8% on the 2016 price, before the service charge of about AED 18,700 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical two-bed in Al Thamam 24
500K1M2009201420192024Typical sale price by year: 2009 AED 1,037,479; 2010 AED 509,807; 2012 AED 747,128; 2013 AED 997,661; 2014 AED 925,819; 2015 AED 998,756; 2021 AED 660,000; 2023 AED 765,000; 2026 AED 1,300,000Sold by developer, March 2010: AED 543,782 (AED 468 per sqft)Sold, June 2014: AED 934,656 (AED 804 per sqft)Sold, October 2016: AED 1,060,000 (AED 912 per sqft)

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

Rents
Unit 306, each contractTypical two-bed in Al Thamam 24
60K80K2013201720212025Typical rent by year: 2013 AED 67,500; 2014 AED 80,000; 2015 AED 82,000; 2016 AED 81,000; 2017 AED 82,500; 2018 AED 77,500; 2019 AED 65,500; 2020 AED 58,000; 2021 AED 50,000; 2022 AED 62,000; 2023 AED 65,000; 2024 AED 75,000; 2025 AED 73,125New contract, November 2015: AED 92,000 a yearNew contract, April 2023: AED 72,000 a yearRenewal, April 2024: AED 72,000 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 24, and where 306 sits

All 20 2-beds →

306 last sold in October 2016 at AED 912 per sqft, in line with what two-beds in Al Thamam 24 were fetching at the time (AED 887). Over the last 12 months two-beds sold for AED 1,050,000 to 1,310,000, around AED 874 per sqft, and rent for AED 72,269 to 88,000 a year. 306's AED 72,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20261,310,000
26 Jan 20261,050,000
9 Jan 20261,300,000
22 Apr 20251,338,000
3 2-bed sales in the last 12 months

Al Thamam 24

Building

57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 3 sold in the last 12 months.

Typical price per sqft
AED 874
Typical sale
AED 1.3M
Typical rent
AED 61K /yr
Typical yield
9.1%
Al Thamam 24, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 57 units in Al Thamam 24
Value
3011-bedAED 605K · Oct 2012
3022-bedAED 950K · Oct 2023
3032-bedAED 1.34M · Apr 2025
3042-bedAED 473K · Oct 2012
3052-bedAED 950K · Jan 2017
3072-bedAED 770K · May 2023
3081-bedAED 301K · Jun 2013
1–7 of 8

306, Al Thamam 24 in numbers

  • Sold 3 times: first on 18 March 2010 for AED 543,782, last on 25 October 2016 for AED 1,060,000 (AED 912 per sqft).
  • Rented since November 2015 on 3 Ejari contracts, from AED 92,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2016 price is 6.8%, before a service charge of about AED 18,700 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 24 sold for AED 1,050,000–1,310,000 in the 12 months to November 2026; the building's median across all types is AED 874 per sqft.

Source: Dubai Land Department. Updated 25 April 2024.

Questions about 306, Al Thamam 24

What did unit 306 last sell for?

AED 1,060,000 on 25 October 2016: AED 912 per sqft for 1,161 sqft. The unit has 3 registered sales; the first was AED 543,782 in March 2010.

What is the rent for unit 306?

AED 72,000 a year on the contract renewed on 25 April 2024. The previous contract, from April 2023, was AED 72,000; the unit has been rented since November 2015.

How big is unit 306?

1,161 sqft (107.9 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2011.

What is unit 306 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 24 sold for AED 1,050,000 to 1,310,000 in the last 12 months, around AED 874 per sqft.

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Mortgage on 306, Al Thamam 24

Starts from the last sale price (AED 1.06M, 25 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,060,000
Deposit, UAE resident (20%)
AED 212,000
Deposit, non-resident (40%)
AED 424,000
Monthly over 25 years at 3.7%
AED 4,337

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