2-bed · 1,598 sqftAl Thamam 03, Remraam · Ground floor · completed 2011

G03, Al Thamam 03

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 30 May 2023
Last soldAED 795K30 May 2023
Current rentAED 57K /yr22 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Al Thamam 03

What is G03 worth today?

Last sold for AED 795,000 in 2023

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30 May 2023SoldReady
AED 795,000AED 497 per sqft
22 Sep 2021RentedRenewal
AED 57,000/yr12 months · AED 36 per sqft
22 Sep 2020RentedRenewal
AED 57,000/yr12 months · AED 36 per sqft
22 Sep 2019RentedNew contract
AED 62,000/yr12 months · AED 39 per sqft
4 Sep 2016Sold by developerReady
AED 1,349,260AED 844 per sqft
17 Mar 2016RentedNew contract
AED 95,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 30 May 2023.

Key facts

Type
2-bed apartment
Size
1,598 sqft
Floor
Ground of 5
Parking
G-36
Developer
Remraam
Completed
2011
Service charge
AED 25,700 /yr
Last sold
AED 795K · May 2023
Building
Al Thamam 03

About G03, Al Thamam 03

G03 is a two-bedroom apartment of 1,598 sqft on the ground floor of Al Thamam 03, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 30 May 2023 for AED 795,000, or AED 497 per sqft, 15% below the AED 584 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 22 September 2021, is AED 57,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 25,700 a year.

Sales and rents for G03 over time

Sales
Unit G03, each saleTypical two-bed in Al Thamam 03
1M20092013201720212025Typical sale price by year: 2009 AED 982,957; 2013 AED 1,035,517; 2014 AED 907,170; 2016 AED 1,189,935; 2024 AED 950,000Sold by developer, September 2016: AED 1,349,260 (AED 844 per sqft)Sold, May 2023: AED 795,000 (AED 497 per sqft)

G03 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G03, each contractTypical two-bed in Al Thamam 03
50K75K100K2013201720212025Typical rent by year: 2013 AED 65,000; 2014 AED 69,223; 2015 AED 73,500; 2016 AED 82,000; 2017 AED 75,000; 2018 AED 72,563; 2019 AED 62,000; 2020 AED 54,000; 2021 AED 48,000; 2022 AED 54,500; 2023 AED 59,950; 2024 AED 63,253; 2025 AED 76,660; 2026 AED 95,000New contract, March 2016: AED 95,000 a yearNew contract, September 2019: AED 62,000 a yearRenewal, September 2020: AED 57,000 a yearRenewal, September 2021: AED 57,000 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 03, and where G03 sits

All 15 2-beds →

G03 last sold in May 2023 at AED 497 per sqft, 15% below what two-beds in Al Thamam 03 were fetching at the time (AED 584). G03's AED 57,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jul 2025950,000
5 May 2025950,000
5 Dec 2024975,000
9 Aug 2024860,000
0 2-bed sales in the last 12 months

Al Thamam 03

Building

46 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 943
Typical sale
AED 718K
Typical rent
AED 59K /yr
Typical yield
8.2%
Al Thamam 03, Remraam: prices, sales and rents →

Other units on the ground floor

All 46 units in Al Thamam 03
Value
G013-bedAED 1.75M · Aug 2024
G022-bedAED 870K · Mar 2014

G03, Al Thamam 03 in numbers

  • Sold twice: first on 4 September 2016 for AED 1,349,260, last on 30 May 2023 for AED 795,000 (AED 497 per sqft).
  • Rented since March 2016 on 4 Ejari contracts, from AED 95,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 25,700 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 30 May 2023.

Questions about G03, Al Thamam 03

What did unit G03 last sell for?

AED 795,000 on 30 May 2023: AED 497 per sqft for 1,598 sqft. The unit has 2 registered sales; the first was AED 1,349,260 in September 2016.

What is the rent for unit G03?

AED 57,000 a year on the contract renewed on 22 September 2021. The previous contract, from September 2020, was AED 57,000; the unit has been rented since March 2016.

How big is unit G03?

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 G03 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 G03, Al Thamam 03

Starts from the last sale price (AED 795K, 30 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 795,000
Deposit, UAE resident (20%)
AED 159,000
Deposit, non-resident (40%)
AED 318,000
Monthly over 25 years at 3.7%
AED 3,253

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