Al Thammam 1 — project image
✓ 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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 22,654 / year
Cash-on-Cash
2.2%
Levered cashflow AED 5,329
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 241,500 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

Al Thammam 1 — View 2
Al Thammam 1 — View 3
Al Thammam 1 — View 4
Al Thammam 1 — View 5

Astraterra Properties

Official Documents

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Payment Structure

Developer payment plan available

Published payment summary

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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

Al Thammam 1 location map
Project location

Nearby Destinations

Remraam

Developer and Project Facts

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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RERA Registered
Qualified Buyer Flow
Property Enquiries

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

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