3-bed · 2,206 sqftAl Thamam 01, Remraam · Ground floor · completed 2011

G01, Al Thamam 01

Sold prices and rental history: sold 4 times, last in April 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G01 · DLD and Ejari recordsUpdated 12 April 2022
Last soldAED 1.06M12 April 2022
Current rentAED 75K /yr26 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G01, Al Thamam 01

What is G01 worth today?

Last sold for AED 1,055,000 in 2022

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12 Apr 2022SoldReady
AED 1,055,000AED 478 per sqft
2 Feb 2021SoldReady
AED 992,875AED 450 per sqft
26 Aug 2020RentedNew contract
AED 74,612/yr3 months · AED 34 per sqft
26 Aug 2019RentedRenewal
AED 74,000/yr12 months · AED 34 per sqft
26 Aug 2018RentedRenewal
AED 85,000/yr12 months · AED 39 per sqft
26 Aug 2017RentedRenewal
AED 90,604/yr12 months · AED 41 per sqft
26 Aug 2016RentedRenewal
AED 82,368/yr12 months · AED 37 per sqft
26 Aug 2015RentedRenewal
AED 74,880/yr12 months · AED 34 per sqft

Source: Dubai Land Department. Updated 12 April 2022.

Key facts

Type
3-bed apartment
Size
2,206 sqft
Floor
Ground of 5
Parking
G-4,G-5
Developer
Remraam
Completed
2011
Service charge
AED 35,500 /yr
Last sold
AED 1.06M · April 2022
Building
Al Thamam 01

About G01, Al Thamam 01

G01 is a three-bedroom apartment of 2,206 sqft on the ground floor of Al Thamam 01, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 12 April 2022 for AED 1,055,000, or AED 478 per sqft, 7% below the AED 514 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 26 August 2020, is AED 74,612 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 35,500 a year.

Sales and rents for G01 over time

Sales
Unit G01, each saleTypical three-bed in Al Thamam 01
1M1.5M20112014201720202023Typical sale price by year: 2011 AED 1,539,600; 2012 AED 1,539,600; 2021 AED 992,875; 2022 AED 957,500Sold by developer, December 2011: AED 1,539,600 (AED 697 per sqft)Sold, August 2012: AED 1,539,600 (AED 697 per sqft)Sold, February 2021: AED 992,875 (AED 450 per sqft)Sold, April 2022: AED 1,055,000 (AED 478 per sqft)

G01 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit G01, each contractTypical three-bed in Al Thamam 01
60K80K100K2012201520182021Typical rent by year: 2012 AED 52,000; 2013 AED 52,000; 2014 AED 62,400; 2015 AED 74,880; 2016 AED 82,368; 2017 AED 90,604; 2018 AED 94,634; 2019 AED 77,500; 2020 AED 74,806; 2021 AED 73,500New contract, August 2012: AED 52,000 a yearRenewal, August 2013: AED 52,000 a yearRenewal, August 2014: AED 62,400 a yearRenewal, August 2015: AED 74,880 a yearRenewal, August 2016: AED 82,368 a yearRenewal, August 2017: AED 90,604 a yearRenewal, August 2018: AED 85,000 a yearRenewal, August 2019: AED 74,000 a yearNew contract, August 2020: AED 74,612 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Al Thamam 01, and where G01 sits

All 6 3-beds →

G01 last sold in April 2022 at AED 478 per sqft, 7% below what three-beds in Al Thamam 01 were fetching at the time (AED 514).

Recent 3-bed salesUnit no.Price (AED)Summary
23 Sep 20241,450,000
4 Oct 20231,380,000
30 Aug 20231,250,000
28 Mar 20221,055,000
0 3-bed sales in the last 12 months

Al Thamam 01

Building

48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.

Typical price per sqft
AED 1,061
Typical sale
AED 855K
Typical rent
AED 70K /yr
Typical yield
7.3%
Al Thamam 01, Remraam: prices, sales and rents →

Other units on the ground floor

All 48 units in Al Thamam 01
Value
G022-bedAED 915K · Sep 2023
G032-bedAED 890K · Sep 2023
G043-bedAED 1.06M · Mar 2022

G01, Al Thamam 01 in numbers

  • Sold 4 times: first on 7 December 2011 for AED 1,539,600, last on 12 April 2022 for AED 1,055,000 (AED 478 per sqft).
  • Rented since August 2012 on 9 Ejari contracts, from AED 52,000 to AED 74,612 a year.
  • At AED 74,612 a year the gross yield on the 2022 price is 7.1%, before a service charge of about AED 35,500 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 12 April 2022.

Questions about G01, Al Thamam 01

What did unit G01 last sell for?

AED 1,055,000 on 12 April 2022: AED 478 per sqft for 2,206 sqft. The unit has 4 registered sales; the first was AED 1,539,600 in December 2011.

What is the rent for unit G01?

AED 74,612 a year on the contract signed on 26 August 2020. The previous contract, from August 2019, was AED 74,000; the unit has been rented since August 2012.

How big is unit G01?

2,206 sqft (204.9 sqm): a three-bedroom apartment on the ground floor of a 5-storey tower completed in 2011.

What is unit G01 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 G01, Al Thamam 01

Starts from the last sale price (AED 1.06M, 12 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,055,000
Deposit, UAE resident (20%)
AED 211,000
Deposit, non-resident (40%)
AED 422,000
Monthly over 25 years at 3.7%
AED 4,316

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