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1-bed · 773 sqftAl Thamam 04, Remraam · 6th floor · completed 2011

603, Al Thamam 04

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 1 April 2023
Last soldAED 723K19 September 2013
Current rentAED 28K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 603, Al Thamam 04

What is 603 worth today?

Last sold for AED 723,395 in 2013

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1 Apr 2023RentedRenewal
AED 28,000/yr12 months · AED 36 per sqft
1 Apr 2022RentedNew contract
AED 28,000/yr12 months · AED 36 per sqft
1 Apr 2021RentedNew contract
AED 28,000/yr12 months · AED 36 per sqft
1 Jan 2020RentedRenewal
AED 42,000/yr12 months · AED 54 per sqft
1 Jan 2019RentedRenewal
AED 55,000/yr12 months · AED 71 per sqft
1 Jan 2018RentedRenewal
AED 55,000/yr12 months · AED 71 per sqft
1 Jan 2017RentedRenewal
AED 55,000/yr12 months · AED 71 per sqft
1 Dec 2015RentedRenewal
AED 55,220/yr13 months · AED 71 per sqft

Source: Dubai Land Department. Updated 1 April 2023.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
6th of 6
Parking
G-98
Developer
Remraam
Completed
2011
Service charge
AED 12,400 /yr
Last sold
AED 723K · September 2013
Building
Al Thamam 04

About 603, Al Thamam 04

603 is a one-bedroom apartment of 773 sqft on the 6th floor of Al Thamam 04, a 6-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 19 September 2013 for AED 723,395, or AED 935 per sqft, in line with the AED 929 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 28,000 a year: a gross yield of 3.9% on the 2013 price, before the service charge of about AED 12,400 a year.

Sales and rents for 603 over time

Rents
Unit 603, each contractTypical one-bed in Al Thamam 04
40K60K2013201720212025Typical rent by year: 2013 AED 44,977; 2014 AED 45,000; 2015 AED 47,439; 2016 AED 50,037; 2017 AED 50,000; 2018 AED 50,000; 2019 AED 45,000; 2020 AED 38,000; 2021 AED 31,985; 2022 AED 33,300; 2023 AED 36,300; 2024 AED 40,240; 2025 AED 42,425; 2026 AED 43,083New contract, November 2014: AED 54,980 a yearRenewal, December 2015: AED 55,220 a yearRenewal, January 2017: AED 55,000 a yearRenewal, January 2018: AED 55,000 a yearRenewal, January 2019: AED 55,000 a yearRenewal, January 2020: AED 42,000 a yearNew contract, April 2021: AED 28,000 a yearNew contract, April 2022: AED 28,000 a yearRenewal, April 2023: AED 28,000 a year

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

1-beds in Al Thamam 04, and where 603 sits

All 24 1-beds →

603 last sold in September 2013 at AED 935 per sqft, in line with what one-beds in Al Thamam 04 were fetching at the time (AED 929). 603's AED 28,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Sep 2013619,150
19 Sep 2013631,960
19 Sep 2013708,920
19 Sep 2013779,616
0 1-bed sales in the last 12 months

Al Thamam 04

Building

57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 46K /yr
Typical yield
Al Thamam 04, Remraam: prices, sales and rents →

Other units on the 6th floor

All 57 units in Al Thamam 04
Value
6011-bedAED 636K · Sep 2013
6021-bedAED 714K · Sep 2013
6042-bedAED 1.02M · Sep 2013
6052-bedAED 1.02M · Sep 2013
6061-bedAED 723K · Sep 2013
6071-bedAED 714K · Sep 2013
6081-bedAED 636K · Sep 2013
1–7 of 8

603, Al Thamam 04 in numbers

  • Sold once: by Remraam on 19 September 2013 for AED 723,395, or AED 935 per sqft.
  • Rented since November 2014 on 9 Ejari contracts, from AED 54,980 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2013 price is 3.9%, before a service charge of about AED 12,400 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 1 April 2023.

Questions about 603, Al Thamam 04

What did unit 603 last sell for?

AED 723,395 on 19 September 2013, sold by the developer: AED 935 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 28,000 a year on the contract renewed on 1 April 2023. The previous contract, from April 2022, was AED 28,000; the unit has been rented since November 2014.

How big is unit 603?

773 sqft (71.8 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2011.

What is unit 603 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 603, Al Thamam 04

Starts from the last sale price (AED 723K, 19 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 723,395
Deposit, UAE resident (20%)
AED 144,679
Deposit, non-resident (40%)
AED 289,358
Monthly over 25 years at 3.7%
AED 2,960

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