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2-bed · 1,133 sqftAl Thamam 26, Remraam · 3rd floor · completed 2011

309, Al Thamam 26

Sold prices and rental history: sold twice, last in April 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 15 February 2024
Last soldAED 1.29M13 April 2014
Current rentAED 63K /yr15 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 309, Al Thamam 26

What is 309 worth today?

Last sold for AED 1,290,000 in 2014

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15 Feb 2024RentedRenewal
AED 63,000/yr12 months · AED 56 per sqft
15 Feb 2022RentedNew contract
AED 60,000/yr12 months · AED 53 per sqft
18 Oct 2020RentedNew contract
AED 50,000/yr12 months · AED 44 per sqft
17 Sep 2019RentedNew contract
AED 70,000/yr12 months · AED 62 per sqft
15 May 2018RentedNew contract
AED 75,000/yr12 months · AED 66 per sqft
15 Jun 2016RentedNew contract
AED 90,000/yr12 months · AED 80 per sqft
13 Apr 2014SoldReady
AED 1,290,000AED 1,138 per sqft
2 Jan 2014Sold by developerReady
AED 1,040,980AED 918 per sqft

Source: Dubai Land Department. Updated 15 February 2024.

Key facts

Type
2-bed apartment
Size
1,133 sqft
Floor
3rd of 6
Parking
G-80
Developer
Remraam
Completed
2011
Service charge
AED 18,200 /yr
Last sold
AED 1.29M · April 2014
Building
Al Thamam 26

About 309, Al Thamam 26

309 is a two-bedroom apartment of 1,133 sqft on the 3rd floor of Al Thamam 26, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 13 April 2014 for AED 1,290,000, or AED 1,138 per sqft, 107% above the AED 550 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 15 February 2024, is AED 63,000 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 18,200 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical two-bed in Al Thamam 26
500K1M20092013201720212025Typical sale price by year: 2009 AED 503,359; 2013 AED 750,000; 2014 AED 993,470; 2024 AED 900,000Sold by developer, January 2014: AED 1,040,980 (AED 918 per sqft)Sold, April 2014: AED 1,290,000 (AED 1,138 per sqft)

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

Rents
Unit 309, 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, June 2016: AED 90,000 a yearNew contract, May 2018: AED 75,000 a yearNew contract, September 2019: AED 70,000 a yearNew contract, October 2020: AED 50,000 a yearNew contract, February 2022: AED 60,000 a yearRenewal, February 2024: AED 63,000 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 26, and where 309 sits

All 19 2-beds →

309 last sold in April 2014 at AED 1,138 per sqft, 107% above what two-beds in Al Thamam 26 were fetching at the time (AED 550). 309's AED 63,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Feb 20251,175,000
24 Jul 2024850,000
16 Jul 20241,000,000
6 May 2024900,000
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
3072-bedAED 850K · Jul 2024
1–7 of 10

309, Al Thamam 26 in numbers

  • Sold twice: first on 2 January 2014 for AED 1,040,980, last on 13 April 2014 for AED 1,290,000 (AED 1,138 per sqft).
  • Rented since June 2016 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 50,000 in 2020 and recovered to AED 63,000 by February 2024.
  • At AED 63,000 a year the gross yield on the 2014 price is 4.9%, before a service charge of about AED 18,200 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 15 February 2024.

Questions about 309, Al Thamam 26

What did unit 309 last sell for?

AED 1,290,000 on 13 April 2014: AED 1,138 per sqft for 1,133 sqft. The unit has 2 registered sales; the first was AED 1,040,980 in January 2014.

What is the rent for unit 309?

AED 63,000 a year on the contract renewed on 15 February 2024. The previous contract, from February 2022, was AED 60,000; the unit has been rented since June 2016.

How big is unit 309?

1,133 sqft (105.3 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2011.

What is unit 309 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 309, Al Thamam 26

Starts from the last sale price (AED 1.29M, 13 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,290,000
Deposit, UAE resident (20%)
AED 258,000
Deposit, non-resident (40%)
AED 516,000
Monthly over 25 years at 3.7%
AED 5,278

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