2-bed · 996 sqftAl Thamam 26, Remraam · 3rd floor · completed 2011

307, Al Thamam 26

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 24 July 2024
Last soldAED 850K24 July 2024
Current rentAED 59K /yr10 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Al Thamam 26

What is 307 worth today?

Last sold for AED 850,000 in 2024

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24 Jul 2024SoldReady
AED 850,000AED 853 per sqft
10 Apr 2024RentedRenewal
AED 59,400/yr12 months · AED 60 per sqft
10 Apr 2023RentedRenewal
AED 54,000/yr12 months · AED 54 per sqft
10 Apr 2022RentedNew contract
AED 50,000/yr12 months · AED 50 per sqft
1 May 2020RentedRenewal
AED 52,000/yr14 months · AED 52 per sqft
1 May 2019RentedRenewal
AED 68,000/yr12 months · AED 68 per sqft
25 Jul 2017RentedRenewal
AED 85,000/yr12 months · AED 85 per sqft
25 Jul 2016RentedNew contract
AED 85,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 24 July 2024.

Key facts

Type
2-bed apartment
Size
996 sqft
Floor
3rd of 6
Parking
G-82
Developer
Remraam
Completed
2011
Service charge
AED 16,000 /yr
Last sold
AED 850K · July 2024
Building
Al Thamam 26

About 307, Al Thamam 26

307 is a two-bedroom apartment of 996 sqft on the 3rd floor of Al Thamam 26, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 24 July 2024 for AED 850,000, or AED 853 per sqft, 4% above the AED 824 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 10 April 2024, is AED 59,400 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 16,000 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in Al Thamam 26
500K750K1M2009201420192024Typical sale price by year: 2009 AED 503,359; 2013 AED 750,000; 2014 AED 993,470; 2024 AED 900,000Sold by developer, June 2009: AED 468,544 (AED 470 per sqft)Sold, December 2012: AED 468,540 (AED 470 per sqft)Sold, July 2024: AED 850,000 (AED 853 per sqft)

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

Rents
Unit 307, each contractTypical two-bed in Al Thamam 26
40K60K80K2013201720212025Typical rent by year: 2013 AED 63,000; 2014 AED 80,000; 2015 AED 85,000; 2016 AED 85,000; 2017 AED 83,500; 2018 AED 68,000; 2019 AED 66,500; 2020 AED 53,500; 2021 AED 47,000; 2022 AED 52,303; 2023 AED 58,000; 2024 AED 64,800; 2025 AED 89,750New contract, July 2014: AED 85,000 a yearNew contract, July 2016: AED 85,000 a yearRenewal, July 2017: AED 85,000 a yearRenewal, May 2019: AED 68,000 a yearRenewal, May 2020: AED 52,000 a yearNew contract, April 2022: AED 50,000 a yearRenewal, April 2023: AED 54,000 a yearRenewal, April 2024: AED 59,400 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 26, and where 307 sits

All 19 2-beds →

307 last sold in July 2024 at AED 853 per sqft, 4% above what two-beds in Al Thamam 26 were fetching at the time (AED 824). 307's AED 59,400 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Feb 20251,175,000
16 Jul 20241,000,000
6 May 2024900,000
17 Jun 2022550,000
0 2-bed sales in the last 12 months

Al Thamam 26

Building

70 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 61K /yr
Typical yield
Al Thamam 26, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 70 units in Al Thamam 26
Value
301StudioAED 430K · Apr 2018
3022-bedAED 947K · Apr 2014
3032-bedAED 1.1M · Nov 2015
3042-bedAED 999K · May 2013
3051-bedAED 519K · Aug 2014
3061-bedAED 700K · Dec 2013
3082-bedAED 750K · Jul 2013
1–7 of 10

307, Al Thamam 26 in numbers

  • Sold 3 times: first on 9 June 2009 for AED 468,544, last on 24 July 2024 for AED 850,000 (AED 853 per sqft).
  • Rented since July 2014 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 50,000 in 2022 and recovered to AED 59,400 by April 2024.
  • At AED 59,400 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 16,000 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 24 July 2024.

Questions about 307, Al Thamam 26

What did unit 307 last sell for?

AED 850,000 on 24 July 2024: AED 853 per sqft for 996 sqft. The unit has 3 registered sales; the first was AED 468,544 in June 2009.

What is the rent for unit 307?

AED 59,400 a year on the contract renewed on 10 April 2024. The previous contract, from April 2023, was AED 54,000; the unit has been rented since July 2014.

How big is unit 307?

996 sqft (92.5 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2011.

What is unit 307 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 307, Al Thamam 26

Starts from the last sale price (AED 850K, 24 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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