2-bed · 1,598 sqftAl Thamam 01, Remraam · Ground floor · completed 2011

G02, Al Thamam 01

Sold prices and rental history: sold 4 times, last in September 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 25 September 2023
Last soldAED 915K25 September 2023
Current rentAED 56K /yr17 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, Al Thamam 01

What is G02 worth today?

Last sold for AED 915,000 in 2023

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25 Sep 2023SoldReady
AED 915,000AED 572 per sqft
17 Dec 2021RentedRenewal
AED 56,000/yr12 months · AED 35 per sqft
2 Feb 2021SoldReady
AED 719,237AED 450 per sqft
17 Dec 2020RentedNew contract
AED 55,000/yr12 months · AED 34 per sqft
21 Mar 2020RentedRenewal
AED 58,000/yr12 months · AED 36 per sqft
21 Mar 2019RentedRenewal
AED 65,000/yr12 months · AED 41 per sqft
27 Oct 2016RentedRenewal
AED 73,500/yr12 months · AED 46 per sqft
27 Oct 2015RentedRenewal
AED 73,500/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 25 September 2023.

Key facts

Type
2-bed apartment
Size
1,598 sqft
Floor
Ground of 5
Parking
G-90
Developer
Remraam
Completed
2011
Service charge
AED 25,700 /yr
Last sold
AED 915K · September 2023
Building
Al Thamam 01

About G02, Al Thamam 01

G02 is a two-bedroom apartment of 1,598 sqft on the ground floor of Al Thamam 01, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 25 September 2023 for AED 915,000, or AED 572 per sqft, 3% above the AED 553 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 17 December 2021, is AED 56,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 25,700 a year.

Sales and rents for G02 over time

Sales
Unit G02, each saleTypical two-bed in Al Thamam 01
500K1M2011201520192023Typical sale price by year: 2011 AED 1,003,665; 2012 AED 1,003,665; 2021 AED 499,174; 2022 AED 623,500; 2023 AED 875,000Sold by developer, December 2011: AED 1,066,200 (AED 667 per sqft)Sold, August 2012: AED 1,066,200 (AED 667 per sqft)Sold, February 2021: AED 719,237 (AED 450 per sqft)Sold, September 2023: AED 915,000 (AED 572 per sqft)

G02 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit G02, each contractTypical two-bed in Al Thamam 01
40K60K80K2012201620202024Typical rent by year: 2012 AED 41,000; 2013 AED 42,000; 2014 AED 48,875; 2015 AED 56,580; 2016 AED 65,463; 2017 AED 71,000; 2018 AED 69,000; 2019 AED 63,000; 2020 AED 55,000; 2021 AED 54,500; 2022 AED 54,000; 2023 AED 60,000; 2024 AED 80,750; 2025 AED 77,500; 2026 AED 80,000New contract, September 2012: AED 43,000 a yearNew contract, October 2013: AED 70,000 a yearRenewal, October 2014: AED 73,500 a yearRenewal, October 2015: AED 73,500 a yearRenewal, October 2016: AED 73,500 a yearRenewal, March 2019: AED 65,000 a yearRenewal, March 2020: AED 58,000 a yearNew contract, December 2020: AED 55,000 a yearRenewal, December 2021: AED 56,000 a year

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

2-beds in Al Thamam 01, and where G02 sits

All 16 2-beds →

G02 last sold in September 2023 at AED 572 per sqft, 3% above what two-beds in Al Thamam 01 were fetching at the time (AED 553). Over the last 12 months two-beds sold for AED 1,040,000 to 1,125,000, around AED 1,076 per sqft, and rent for AED 65,412 to 102,000 a year. G02's AED 56,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Mar 20261,125,000
14 Nov 20251,040,000
27 Oct 2023875,000
6 Sep 2023890,000
2 2-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
G013-bedAED 1.06M · Apr 2022
G032-bedAED 890K · Sep 2023
G043-bedAED 1.06M · Mar 2022

G02, Al Thamam 01 in numbers

  • Sold 4 times: first on 7 December 2011 for AED 1,066,200, last on 25 September 2023 for AED 915,000 (AED 572 per sqft).
  • Rented since September 2012 on 9 Ejari contracts, from AED 43,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 25,700 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 01 sold for AED 1,040,000–1,125,000 in the 12 months to November 2026; the building's median across all types is AED 1,061 per sqft.

Source: Dubai Land Department. Updated 25 September 2023.

Questions about G02, Al Thamam 01

What did unit G02 last sell for?

AED 915,000 on 25 September 2023: AED 572 per sqft for 1,598 sqft. The unit has 4 registered sales; the first was AED 1,066,200 in December 2011.

What is the rent for unit G02?

AED 56,000 a year on the contract renewed on 17 December 2021. The previous contract, from December 2020, was AED 55,000; the unit has been rented since September 2012.

How big is unit G02?

1,598 sqft (148.5 sqm): a two-bedroom apartment on the ground floor of a 5-storey tower completed in 2011.

What is unit G02 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Thamam 01 sold for AED 1,040,000 to 1,125,000 in the last 12 months, around AED 1,076 per sqft.

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Mortgage on G02, Al Thamam 01

Starts from the last sale price (AED 915K, 25 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 915,000
Deposit, UAE resident (20%)
AED 183,000
Deposit, non-resident (40%)
AED 366,000
Monthly over 25 years at 3.7%
AED 3,744

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