3-bed · 2,337 sqftAl Thamam 07, Remraam · 1st floor · completed 2011

102, Al Thamam 07

Sold prices and rental history: sold 3 times, last in June 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 15 June 2020
Last soldAED 800K15 June 2020
Current rentAED 90K /yr12 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Al Thamam 07

What is 102 worth today?

Last sold for AED 800,000 in 2020

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15 Jun 2020SoldReady
AED 800,000AED 342 per sqft
12 May 2019RentedNew contract
AED 90,000/yr12 months · AED 39 per sqft
12 May 2018RentedRenewal
AED 100,000/yr12 months · AED 43 per sqft
12 May 2017RentedRenewal
AED 110,000/yr12 months · AED 47 per sqft
12 May 2016RentedRenewal
AED 120,000/yr12 months · AED 51 per sqft
12 May 2015RentedNew contract
AED 120,000/yr12 months · AED 51 per sqft
7 Oct 2014SoldReady
AED 1,493,977AED 639 per sqft
7 Apr 2009Sold by developerOff-plan
AED 1,517,347AED 649 per sqft

Source: Dubai Land Department. Updated 15 June 2020.

Key facts

Type
3-bed apartment
Size
2,337 sqft
Floor
1st of 6
Parking
G-29,G-30
Developer
Remraam
Completed
2011
Service charge
AED 37,600 /yr
Last sold
AED 800K · June 2020
Building
Al Thamam 07

About 102, Al Thamam 07

102 is a three-bedroom apartment of 2,337 sqft on the 1st floor of Al Thamam 07, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 15 June 2020 for AED 800,000, or AED 342 per sqft, 12% below the AED 389 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 12 May 2019, is AED 90,000 a year: a gross yield of 11.3% on the 2020 price, before the service charge of about AED 37,600 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical three-bed in Al Thamam 07
1M1.5M20092012201520182021Typical sale price by year: 2009 AED 1,484,152; 2014 AED 1,453,539; 2020 AED 725,000Sold by developer, April 2009: AED 1,517,347 (AED 649 per sqft)Sold, October 2014: AED 1,493,977 (AED 639 per sqft)Sold, June 2020: AED 800,000 (AED 342 per sqft)

102 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 102, each contractTypical three-bed in Al Thamam 07
100K125K2015201820212024Typical rent by year: 2015 AED 120,000; 2016 AED 120,000; 2017 AED 110,000; 2018 AED 100,000; 2019 AED 85,000; 2023 AED 115,000; 2024 AED 111,150; 2025 AED 135,000New contract, May 2015: AED 120,000 a yearRenewal, May 2016: AED 120,000 a yearRenewal, May 2017: AED 110,000 a yearRenewal, May 2018: AED 100,000 a yearNew contract, May 2019: AED 90,000 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 07, and where 102 sits

All 5 3-beds →

102 last sold in June 2020 at AED 342 per sqft, 12% below what three-beds in Al Thamam 07 were fetching at the time (AED 389).

Recent 3-bed salesUnit no.Price (AED)Summary
14 Jul 2020750,000
4 Jun 2020700,000
12 Apr 2020582,835
19 Dec 20161,328,397
0 3-bed sales in the last 12 months

Al Thamam 07

Building

55 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.

Typical price per sqft
AED 959
Typical sale
AED 955K
Typical rent
AED 57K /yr
Typical yield
8.3%
Al Thamam 07, Remraam: prices, sales and rents →

Other units on the 1st floor

All 55 units in Al Thamam 07
Value
1011-bedAED 894K · Dec 2016
1033-bedAED 700K · Jun 2020
1042-bedAED 830K · Aug 2018
1052-bedAED 975K · Apr 2026
1063-bedAED 1.33M · Dec 2016
1081-bedAED 495K · Nov 2021

102, Al Thamam 07 in numbers

  • Sold 3 times: first on 7 April 2009 for AED 1,517,347, last on 15 June 2020 for AED 800,000 (AED 342 per sqft).
  • Rented since May 2015 on 5 Ejari contracts, from AED 120,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2020 price is 11.3%, before a service charge of about AED 37,600 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 15 June 2020.

Questions about 102, Al Thamam 07

What did unit 102 last sell for?

AED 800,000 on 15 June 2020: AED 342 per sqft for 2,337 sqft. The unit has 3 registered sales; the first was AED 1,517,347 in April 2009.

What is the rent for unit 102?

AED 90,000 a year on the contract signed on 12 May 2019. The previous contract, from May 2018, was AED 100,000; the unit has been rented since May 2015.

How big is unit 102?

2,337 sqft (217.1 sqm): a three-bedroom apartment on the 1st floor of a 6-storey tower completed in 2011.

What is unit 102 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 102, Al Thamam 07

Starts from the last sale price (AED 800K, 15 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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