308, Al Thamam 55
Sold prices and rental history: sold 3 times, last in September 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Al Thamam 55
What is 308 worth today?
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Source: Dubai Land Department. Updated 5 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 669 sqft
- Floor
- 3rd of 5
- Parking
- G-55
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,700 /yr
- Last sold
- AED 330K · September 2020
- Building
- Al Thamam 55
About 308, Al Thamam 55
308 is a one-bedroom apartment of 669 sqft on the 3rd floor of Al Thamam 55, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 2 September 2020 for AED 330,000, or AED 493 per sqft.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 5 March 2024, is AED 53,000 a year: a gross yield of 16.1% on the 2020 price, before the service charge of about AED 10,700 a year.
Sales and rents for 308 over time
308 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 308 sits
All 18 1-beds →308's AED 53,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202414 October 2024 | 1,129 sqft | 690,000 | 611 | ||
| 7 Jul 20237 July 2023 | 1,156 sqft | 505,000 | 436 | ||
| 2 May 20212 May 2021 | 668 sqft | 360,000 | 538 | ||
| 27 Jul 202027 July 2020 | 756 sqft | 370,000 | 489 |
Al Thamam 55
Building47 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
Other units on the 3rd floor
All 47 units in Al Thamam 55| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 668 sqft | AED 676KAED 676,350 · Sep 2013September 2013 | 55,000 /yr | |
| 302 | 1-bed | 1,156 sqft | AED 809KAED 808,853 · Aug 2013August 2013 | 53,000 /yr | |
| 303 | 1-bed | 1,156 sqft | AED 610KAED 610,000 · Dec 2018December 2018 | 38,000 /yr | |
| 304 | 2-bed | 1,009 sqft | AED 445KAED 445,000 · Jan 2017January 2017 | 63,800 /yr | |
| 305 | 2-bed | 1,009 sqft | AED 950KAED 950,000 · Jan 2014January 2014 | 77,000 /yr | |
| 306 | 1-bed | 1,156 sqft | AED 650KAED 650,000 · Jun 2018June 2018 | 63,000 /yr | |
| 307 | 1-bed | 1,156 sqft | AED 505KAED 505,000 · Jul 2023July 2023 | 44,000 /yr | |
| 309 | Studio | 401 sqft | AED 347KAED 346,829 · Jun 2013June 2013 | 27,000 /yr |
308, Al Thamam 55 in numbers
- Sold 3 times: first on 3 November 2011 for AED 606,340, last on 2 September 2020 for AED 330,000 (AED 493 per sqft).
- Rented since June 2015 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 31,350 in 2022 and recovered to AED 53,000 by March 2024.
- At AED 53,000 a year the gross yield on the 2020 price is 16.1%, before a service charge of about AED 10,700 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 5 March 2024.
Questions about 308, Al Thamam 55
What did unit 308 last sell for?
AED 330,000 on 2 September 2020: AED 493 per sqft for 669 sqft. The unit has 3 registered sales; the first was AED 606,340 in November 2011.
What is the rent for unit 308?
AED 53,000 a year on the contract signed on 5 March 2024. The previous contract, from June 2023, was AED 41,500; the unit has been rented since June 2015.
How big is unit 308?
669 sqft (62.2 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2011.
What is unit 308 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 308, Al Thamam 55
Starts from the last sale price (AED 330K, 2 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 330,000
- Deposit, UAE resident (20%)
- AED 66,000
- Deposit, non-resident (40%)
- AED 132,000
- Monthly over 25 years at 3.7%
- AED 1,350
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →