Al Thamam in Remraam - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Al Thamam

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	42	11,292	471,667
1	70	8,659	602,709
2	116	8,944	1,035,000
3	176	9,000	1,585,000

Rents in Al Thamam

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	52	824	42,750
1	75	766	57,412
2	107	815	86,969
3	176	684	120,000

The cap rate (rental yield) of investments into Al Thamam project is 9.2% on average.

The price of an apartment in Al Thamam is 9,067 AED/sqm on average.

Price for completed Studio apartment in Al Thamam is 471,667 AED or 11,292 AED/sqm.
Price for completed 1 bedroom apartment in Al Thamam is 602,709 AED or 8,659 AED/sqm.
Price for completed 2 bedroom apartment in Al Thamam is 1,035,000 AED or 8,944 AED/sqm.
Price for completed 3 bedroom apartment in Al Thamam is 1,585,000 AED or 9,000 AED/sqm.

Rent in Al Thamam is 9,000 AED/sqm/year on average for long term rent of an apartment.

Rent for Studio apartment in Al Thamam is 42,750 AED or 824 AED/sqm.
Rent for 1 bedroom apartment in Al Thamam is 57,412 AED or 766 AED/sqm.
Rent for 2 bedroom apartment in Al Thamam is 86,969 AED or 815 AED/sqm.
Rent for 3 bedroom apartment in Al Thamam is 120,000 AED or 684 AED/sqm.

About Al Thamam

'Al Thamam' in 'Remraam' area project description

The 'Al Thamam' project is a distinctive residential community situated within the larger Remraam development in Dubai, which is located along the Dubai Bypass Road and near the bustling area of Dubai Land. Aimed at providing a harmonious blend of comfort, convenience, and contemporary living, Al Thamam has earned a reputation as a sought-after destination for families, professionals, and individuals seeking a serene lifestyle in one of the world's most vibrant cities.

Location and Accessibility:
Al Thamam enjoys a strategic location that offers easy access to key areas in Dubai, including the bustling business districts of Dubai Investment Park, Jebel Ali Free Zone, and Dubai World Central. The development is well-connected through major road networks, making it convenient for residents to commute to different parts of the city. Additionally, it's proximate to major recreational destinations like Global Village, Miracle Garden, and the Mall of the Emirates, further enhancing its appeal.

Architecture and Design:
The architectural design of Al Thamam reflects modern aesthetics blended with functionality. The residential buildings are low-to-mid-rise, ensuring a sense of community while avoiding overcrowding. Each apartment and townhouse within Al Thamam is crafted with attention to detail, emphasizing open spaces, natural light, and efficient layouts. The properties range from one-bedroom apartments to larger, family-sized units, catering to diverse lifestyle needs.

Amenities and Facilities:
Al Thamam is designed to provide residents with a holistic living experience. The community is replete with a plethora of amenities that cater to both leisure and practical needs. There are multiple swimming pools, fully-equipped gymnasiums, landscaped parks, and children's play areas, promoting an active and healthy lifestyle. Additionally, the development includes retail outlets, supermarkets, and dining options, ensuring that everyday necessities are within easy reach.

Community Spirit:
One of the defining characteristics of Al Thamam is its strong sense of community. The layout of the development encourages social interactions, with numerous communal spaces where residents can relax and engage with one another. Regular community events and activities are organized to foster a sense of belonging and camaraderie among residents. This aspect of Al Thamam makes it particularly appealing for families and individuals looking for a supportive and friendly living environment.

Investment Potential:
Al Thamam also holds substantial investment potential. Its strategic location, coupled with the ongoing development and infrastructural advancements in Dubai, ensures steady demand and potential for property value appreciation. Furthermore, the high-quality construction, array of amenities, and reputation of the Remraam community make it an attractive proposition for both end-users and investors alike.

In conclusion, Al Thamam stands out as a well-planned, vibrant community that offers a balanced lifestyle with convenience, comfort, and connectivity at its core. Whether as a home or an investment, it embodies the dynamic spirit and luxurious living that Dubai is renowned for.

Q&A on Al Thamam

What are the advantages of 'Al Thamam' project in Dubai for property buyers? What are the disadvantages?

The "Al Thamam" project is situated within the larger community of Remraam in Dubai. Understanding the advantages and disadvantages can help prospective buyers make an informed decision. Here’s an overview:

Advantages

1. Location:
- Accessibility: Located along Hessa Street and close to Dubai Bypass Road, it offers good connectivity to key areas such as Dubai Marina, Downtown Dubai, and the Expo 2020 site.
- Proximity to Amenities: It’s near essential amenities such as schools, supermarkets, and healthcare facilities which are essential for families.

2. Community and Lifestyle:
- Family-Friendly Environment: Remraam, including Al Thamam, is known for its serene, family-oriented setting with parks, playgrounds, and community centers.
- Recreational Facilities: The community offers a range of recreational facilities like swimming pools, gyms, sports facilities, and barbecue areas which enhance the quality of life.

3. Affordability:
- Competitive Pricing: Property prices in Al Thamam are relatively affordable compared to other Dubai locales, making it an attractive option for both first-time buyers and investors looking for rental income.

4. Investment Potential:
- Rental Demand: The strong demand for rental properties in affordable, well-connected neighborhoods makes Al Thamam attractive for investors.
- Future Growth: The continuous development of infrastructure and amenities in and around the area may lead to property value appreciation over time.

5. Development Quality:
- Mid-Rise Apartments: The project offers mid-rise apartment buildings, which often come with spacious layouts and community views.
- Quality Construction: Buildings are designed and constructed by reputable developers known for maintaining high standards.

Disadvantages

1. Traffic and Commute:
- Rush Hour Congestion: As the area grows, traffic congestion can become a problem, particularly during peak hours when commuting to and from work spots outside the community.

2. Limited Retail Options:
- Commercial Amenities: Compared to more central areas, there is a limited selection of retail and dining options within close proximity. Residents might have to travel a bit farther for a broader range of shopping and dining experiences.

3. Public Transport:
- Limited Public Transport: The area might have fewer public transport options compared to more central Dubai locations, which can be an inconvenience for those who don’t drive or prefer public transportation.

4. Ongoing Construction:
- Development Phase: As the community is relatively new and still seeing ongoing development, some areas might experience noise and disruption from construction activities.

5. Resale Market:
- Resale Challenges: Being a newer community, properties might face challenges in the resale market due to the supply possibly outweighing demand in the short term.

In Summary

Advantages are primarily centered around location, affordability, community feel, and future growth potential. Disadvantages often relate to traffic congestion, limited immediate amenities, and the early stages of community development.

It's essential to compare these factors with your personal requirements and future plans to decide if Al Thamam is the right investment for you or if another area might better suit your needs. Conducting site visits and speaking to current residents might also provide more specific insights.

What projects are better than 'Al Thamam' project in Dubai which are located close by, and why?

Al Thamam, located within the well-established Remraam community, offers a balanced lifestyle with its blend of affordable pricing, practical amenities, and comfortable living. However, if you're looking for projects that might provide additional advantages or enhancements in terms of luxury, amenities, or location, here are several options to consider:

1. Arabian Ranches:
- Why:
- Luxury & Community Feel: Known for its upscale villas, landscaped parks, and a strong sense of community.
- Golf & Equestrian Facilities: Offers unique recreational options including a golf course and equestrian club.
- Reputation: Developed by Emaar, one of the most trusted developers in Dubai, ensuring high-quality finishes and maintenance.

2. Mudon:
- Why:
- Family-Friendly: Excellent for families with extensive parks, schools, and safe play areas.
- Spacious Villas: Generally offers more space in their villas and townhouses compared to apartments in Al Thamam.
- Amenities: Includes everything from shopping centers to health care facilities, providing great convenience.

3. Dubai Sports City:
- Why:
- Active Lifestyle: Perfect for sports enthusiasts with facilities ranging from golf courses, cricket stadiums, to football academies.
- Affordable Options: Offers a range of properties from affordable apartments to mid-luxury villas.
- Vibrant Community: Continuous events and activities foster a lively, engaging atmosphere.

4. Motor City:
- Why:
- Unique Concept: Combines residential, business, sports, and leisure opportunities in one place.
- Facilities & Amenities: Hosts everything from retail stores, dining options, to extensive facilities for recreational activities.
- Community: A well-planned community with abundant green spaces and excellent infrastructure.

5. Town Square:
- Why:
- Modern Living: Offers contemporary apartments and townhouses with impressive modern designs.
- Vibrant Atmosphere: Hosts a variety of events, markets, outdoor cinema, and more, fostering a dynamic lifestyle.
- Value for Money: Features a competitive pricing structure without compromising on amenities and quality.

6. Damac Hills:
- Why:
- Prestigious: Known for its luxurious quality and high-end amenities including a world-class golf course.
- Community & Lifestyle: Features parks, a beach, schools, and shopping all within a gated community.
- Scenic Views: Properties often come with picturesque views of the golf course or landscaped gardens.

Factors to Consider
- Budget: While these projects offer additional benefits, they may also come at a higher price point compared to Al Thamam.
- Lifestyle Needs: Consider what type of lifestyle and amenities are most important to you and your family.
- Commute & Accessibility: Proximity to work, schools, and other frequently visited locations should also shape your decision.

Each of these projects provides its own set of unique advantages that cater to various preferences and lifestyles, potentially making them 'better' options depending on your specific needs.

What are the closest schools to 'Al Thamam' project in Dubai?

'Al Thamam' is a residential community located within the Remraam development in Dubai. For families living in or considering moving to 'Al Thamam,' proximity to good schools is often an important factor. Here are some of the closest schools to 'Al Thamam':

1. South View School: Located in Remraam Community itself, this British curriculum school offers education from FS1 to Year 13.

2. Jebel Ali School: Situated in the nearby community of Akoya, Jebel Ali School follows the British curriculum and has a strong reputation.

3. GEMS Metropole School – Motor City: This is another British curriculum school, providing a wide range of educational facilities for students.

4. Fairgreen International School: Located in The Sustainable City, this school offers the International Baccalaureate (IB) curriculum.

5. Dubai British School – Jumeirah Park: Although slightly farther away, this school is still a good option for those willing to drive a bit longer. It offers the British curriculum.

6. Victory Heights Primary School: Located in Dubai Sports City, this school offers the British curriculum for younger students.

7. The Aquila School: Located in Dubailand, The Aquila School offers the British curriculum and is known for a nurturing environment.

These schools provide a variety of curriculums and extracurricular activities, catering to different educational needs and preferences. Always consider visiting the schools and speaking with the administration to get a better understanding of what they offer before making a decision.

What are the closest medical clinics to 'Al Thamam' project in Dubai?

The 'Al Thamam' project is part of the Remraam Community in Dubailand, Dubai. There are a number of medical clinics conveniently located near this area. Here are some of the closest options:

1. Aster Clinic, Arabian Ranches: This clinic provides a wide range of medical services, including general practice, pediatrics, and various specialties.

2. Mediclinic Arabian Ranches: Part of the Mediclinic International group, it offers comprehensive healthcare services and is known for its high standards.

3. Medcare Medical Centre, Motor City: This clinic offers primary healthcare services, specialist consultations, and various outpatient services.

4. Emirates Hospital Day Surgery & Medical Centre, MotorCity: This facility provides comprehensive healthcare services including day surgery options, specialist consultations, and diagnostic services.

5. Tiny Tots Clinic, Motor City: Specializing in pediatric care, Tiny Tots Clinic offers a range of healthcare services for children.

6. HealthBay, Motor City: A multidisciplinary medical center that offers a wide range of medical and healthcare services for the whole family.

These clinics ensure that residents of 'Al Thamam' have access to quality medical care within a short drive.