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1-bed · 1,156 sqftAl Thamam 55, Remraam · 3rd floor · completed 2011

303, Al Thamam 55

Sold prices and rental history: sold 3 times, last in December 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 1 April 2021
Last soldAED 610K6 December 2018
Current rentAED 38K /yr1 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 303, Al Thamam 55

What is 303 worth today?

Last sold for AED 610,000 in 2018

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1 Apr 2021RentedNew contract
AED 38,000/yr12 months · AED 33 per sqft
6 Dec 2018SoldReady
AED 610,000AED 527 per sqft
17 Nov 2017RentedRenewal
AED 70,189/yr12 months · AED 61 per sqft
17 Nov 2016RentedNew contract
AED 70,000/yr12 months · AED 61 per sqft
26 Nov 2013SoldReady
AED 808,853AED 699 per sqft
1 Nov 2013RentedNew contract
AED 55,000/yr12 months · AED 48 per sqft
20 Apr 2009Sold by developerOff-plan
AED 830,495AED 718 per sqft

Source: Dubai Land Department. Updated 1 April 2021.

Key facts

Type
1-bed apartment
Size
1,156 sqft
Floor
3rd of 5
Parking
G-50
Developer
Remraam
Completed
2011
Service charge
AED 18,600 /yr
Last sold
AED 610K · December 2018
Building
Al Thamam 55

About 303, Al Thamam 55

303 is a one-bedroom apartment of 1,156 sqft on the 3rd floor of Al Thamam 55, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 6 December 2018 for AED 610,000, or AED 527 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 April 2021, is AED 38,000 a year: a gross yield of 6.2% on the 2018 price, before the service charge of about AED 18,600 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical one-bed in Al Thamam 55
500K750K2009201220152018Typical sale price by year: 2009 AED 718,500; 2013 AED 676,350; 2014 AED 347,655Sold by developer, April 2009: AED 830,495 (AED 718 per sqft)Sold, November 2013: AED 808,853 (AED 699 per sqft)Sold, December 2018: AED 610,000 (AED 527 per sqft)

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

Rents
Unit 303, each contractTypical one-bed in Al Thamam 55
40K60K2013201720212025Typical rent by year: 2013 AED 50,000; 2014 AED 55,000; 2015 AED 60,000; 2016 AED 62,000; 2017 AED 60,000; 2018 AED 55,000; 2019 AED 44,000; 2020 AED 36,500; 2021 AED 32,000; 2022 AED 36,000; 2023 AED 41,500; 2024 AED 47,000; 2025 AED 50,600; 2026 AED 47,000New contract, November 2013: AED 55,000 a yearNew contract, November 2016: AED 70,000 a yearRenewal, November 2017: AED 70,189 a yearNew contract, April 2021: AED 38,000 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 55, and where 303 sits

All 18 1-beds →

303's AED 38,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Oct 2024690,000
7 Jul 2023505,000
2 May 2021360,000
2 Sep 2020330,000
0 1-bed sales in the last 12 months

Al Thamam 55

Building

47 apartments, studios to 3-bed over 5 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 53K /yr
Typical yield
Al Thamam 55, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 47 units in Al Thamam 55
Value
3011-bedAED 676K · Sep 2013
3021-bedAED 809K · Aug 2013
3042-bedAED 445K · Jan 2017
3052-bedAED 950K · Jan 2014
3061-bedAED 650K · Jun 2018
3071-bedAED 505K · Jul 2023
3081-bedAED 330K · Sep 2020
1–7 of 8

303, Al Thamam 55 in numbers

  • Sold 3 times: first on 20 April 2009 for AED 830,495, last on 6 December 2018 for AED 610,000 (AED 527 per sqft).
  • Rented since November 2013 on 4 Ejari contracts, from AED 55,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2018 price is 6.2%, before a service charge of about AED 18,600 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 1 April 2021.

Questions about 303, Al Thamam 55

What did unit 303 last sell for?

AED 610,000 on 6 December 2018: AED 527 per sqft for 1,156 sqft. The unit has 3 registered sales; the first was AED 830,495 in April 2009.

What is the rent for unit 303?

AED 38,000 a year on the contract signed on 1 April 2021. The previous contract, from November 2017, was AED 70,189; the unit has been rented since November 2013.

How big is unit 303?

1,156 sqft (107.4 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2011.

What is unit 303 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 303, Al Thamam 55

Starts from the last sale price (AED 610K, 6 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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