Al Thammam 1
✓ Resale Available

Al Thammam 1

From AED 525,000·Completed Jan 2011·Developer payment plan available Payment
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AED 525,000
Starting Price
Jan 2011
Handover
Developer payment plan available
Payment Plan
Studio · Apartments
Type

Project Overview

Al Thammam 1 is a residential apartment complex by Dubai Properties, located in the Al Thammam area, part of the peaceful Remraam family community in Dubiland. The project is a modern residential building with a functional ground floor and six residential levels, seamlessly integrated into the green environment of the area. Al Thammam 1 offers apartments with a number of bedrooms from 1 to 3, which makes the complex convenient for both young couples and families with children. The interiors are designed in a restrained modern style and are focused on the comfort of everyday life — bright living rooms, functional kitchens, thoughtful layouts and, in most residences, terraces or spacious balconies overlooking landscaped courtyards. The complex's infrastructure includes round-the-clock security and comfortable common areas, creating a safe and cozy atmosphere for residents. There are public parks, playgrounds and well-maintained green areas of Remraam within walking distance, as well as spaces for sports and outdoor activities. The location of Al Thammam 1 is characterized by convenient transport accessibility — the road to Al Maktoum International Airport takes about 20 minutes by car, Dubai Mall takes about 27 minutes, and Palm Jumeirah and Burj Al Arab can be reached in an average of 21-23 minutes.

Project Specifications
DeveloperDubai Properties
LocationRemraam
Unit TypesStudio, Apartments
AreaRemraam
OwnershipFreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 22,654 / year
Cash-on-Cash
1.8%
Levered cashflow AED 5,329
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 34,125 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Al Thammam 1 launch basis583AED 525,000Current launch / asking basis
Remraam ready-stock comps1,500AED 1.35MIndicative resale benchmark
Remraam premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

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Payment Structure

Developer payment plan available

Flexible Payment

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Amenities & Lifestyle

BBQ
Bike path
Central A/C
Children’s pool
Community Lawn
Dining outlets (coffee houses & restaurants)
Jogging tracks
Landscaped garden
Leisure areas
Lift
Lobby
Multipurpose Sports Courts
Open Kids Play Area
Park Access
Parking
Pets Allowed
Pool Deck
Recreational areas
Retail outlets
Shared Pool
Shared gym & fitness
Sitting Area
Social zone
Walking paths

Location

Remraam

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
RemraamRemraamDubai, UAE

Developer Track Record

01

Al Thammam 1 by Dubai Properties

02

Located in Remraam

03

Starting from AED 525,000

04

Unit mix includes Studio, Apartments

05

Expected handover: Jan 2011

06

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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