2-bed · 1,004 sqftAl Thamam 28, Remraam · 3rd floor · completed 2011

307, Al Thamam 28

Sold prices and rental history: sold once, by the developer in August 2014, 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 10 May 2024
Last soldAED 964K12 August 2014
Current rentAED 72K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Al Thamam 28

What is 307 worth today?

Last sold for AED 963,900 in 2014

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10 May 2024RentedRenewal
AED 72,000/yr12 months · AED 72 per sqft
10 May 2023RentedRenewal
AED 59,400/yr12 months · AED 59 per sqft
10 May 2022RentedNew contract
AED 54,000/yr12 months · AED 54 per sqft
1 Sep 2019RentedRenewal
AED 64,000/yr12 months · AED 64 per sqft
1 Sep 2018RentedNew contract
AED 70,000/yr12 months · AED 70 per sqft
25 Aug 2017RentedRenewal
AED 83,000/yr12 months · AED 83 per sqft
25 Aug 2014RentedNew contract
AED 83,000/yr12 months · AED 83 per sqft
12 Aug 2014Sold by developerReady
AED 963,900AED 960 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
2-bed apartment
Size
1,004 sqft
Floor
3rd of 5
Parking
G-144
Developer
Remraam
Completed
2011
Service charge
AED 16,100 /yr
Last sold
AED 964K · August 2014
Building
Al Thamam 28

About 307, Al Thamam 28

307 is a two-bedroom apartment of 1,004 sqft on the 3rd floor of Al Thamam 28, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 12 August 2014 for AED 963,900, or AED 960 per sqft, 30% above the AED 736 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 10 May 2024, is AED 72,000 a year: a gross yield of 7.5% on the 2014 price, before the service charge of about AED 16,100 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in Al Thamam 28
600K800K1M2009201220152018Typical sale price by year: 2009 AED 943,248; 2013 AED 925,000; 2014 AED 1,021,950; 2019 AED 612,500Sold by developer, August 2014: AED 963,900 (AED 960 per sqft)

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

Rents
Unit 307, each contractTypical two-bed in Al Thamam 28
40K60K80K2013201720212025Typical rent by year: 2013 AED 65,000; 2014 AED 83,000; 2015 AED 69,812; 2016 AED 83,500; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 63,000; 2020 AED 53,500; 2021 AED 46,500; 2022 AED 55,000; 2023 AED 59,400; 2024 AED 68,250; 2025 AED 71,000New contract, August 2014: AED 83,000 a yearRenewal, August 2017: AED 83,000 a yearNew contract, September 2018: AED 70,000 a yearRenewal, September 2019: AED 64,000 a yearNew contract, May 2022: AED 54,000 a yearRenewal, May 2023: AED 59,400 a yearRenewal, May 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 28, and where 307 sits

All 15 2-beds →

307 last sold in August 2014 at AED 960 per sqft, 30% above what two-beds in Al Thamam 28 were fetching at the time (AED 736). Over the last 12 months two-beds sold for AED 1,280,000, around AED 861 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jul 20251,200,000
22 Mar 2024780,000
24 Apr 2023820,000
23 Jun 2022630,000
1 2-bed sale in the last 12 months

Al Thamam 28

Building

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

Typical price per sqft
AED 861
Typical sale
AED 730K
Typical rent
AED 70K /yr
Typical yield
11.1%
Al Thamam 28, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 60 units in Al Thamam 28
Value
301StudioAED 330K · Aug 2023
3021-bedAED 847K · May 2013
3031-bedAED 748K · Apr 2009
3042-bedAED 925K · Mar 2017
3051-bedAED 650K · Jun 2015
3061-bedAED 385K · Dec 2022
3081-bedAED 830K · Jun 2014
1–7 of 10

307, Al Thamam 28 in numbers

  • Sold once: by Remraam on 12 August 2014 for AED 963,900, or AED 960 per sqft.
  • Rented since August 2014 on 7 Ejari contracts. The rent fell from AED 83,000 to AED 54,000 in 2022 and recovered to AED 72,000 by May 2024.
  • At AED 72,000 a year the gross yield on the 2014 price is 7.5%, before a service charge of about AED 16,100 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 28 sold for AED 1,280,000–1,280,000 in the 12 months to November 2026; the building's median across all types is AED 861 per sqft.

Source: Dubai Land Department. Updated 10 May 2024.

Questions about 307, Al Thamam 28

What did unit 307 last sell for?

AED 963,900 on 12 August 2014, sold by the developer: AED 960 per sqft for 1,004 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 72,000 a year on the contract renewed on 10 May 2024. The previous contract, from May 2023, was AED 59,400; the unit has been rented since August 2014.

How big is unit 307?

1,004 sqft (93.3 sqm): a two-bedroom apartment on the 3rd floor of a 5-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. Two-beds in Al Thamam 28 sold for AED 1,280,000 to 1,280,000 in the last 12 months, around AED 861 per sqft.

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Mortgage on 307, Al Thamam 28

Starts from the last sale price (AED 964K, 12 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 963,900
Deposit, UAE resident (20%)
AED 192,780
Deposit, non-resident (40%)
AED 385,560
Monthly over 25 years at 3.7%
AED 3,944

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