3-bed · 1,497 sqftAl Thamam 07, Remraam · 1st floor · completed 2011

103, Al Thamam 07

Sold prices and rental history: sold 4 times, last in June 2020, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 4 June 2020
Last soldAED 700K4 June 2020
Current rentAED 85K /yr15 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Al Thamam 07

What is 103 worth today?

Last sold for AED 700,000 in 2020

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4 Jun 2020SoldReady
AED 700,000AED 467 per sqft
12 Apr 2020SoldReady
AED 582,835AED 389 per sqft
15 Aug 2019RentedNew contract
AED 85,000/yr12 months · AED 57 per sqft
15 May 2018RentedNew contract
AED 95,000/yr12 months · AED 63 per sqft
8 Jul 2017RentedNew contract
AED 100,000/yr12 months · AED 67 per sqft
28 May 2016RentedNew contract
AED 110,000/yr12 months · AED 74 per sqft
7 Oct 2014SoldReady
AED 1,375,972AED 919 per sqft
7 Apr 2009Sold by developerOff-plan
AED 1,406,578AED 939 per sqft

Source: Dubai Land Department. Updated 4 June 2020.

Key facts

Type
3-bed apartment
Size
1,497 sqft
Floor
1st of 6
Parking
G-27,G-28
Developer
Remraam
Completed
2011
Service charge
AED 24,100 /yr
Last sold
AED 700K · June 2020
Building
Al Thamam 07

About 103, Al Thamam 07

103 is a three-bedroom apartment of 1,497 sqft on the 1st floor of Al Thamam 07, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 4 June 2020 for AED 700,000, or AED 467 per sqft.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 15 August 2019, is AED 85,000 a year: a gross yield of 12.1% on the 2020 price, before the service charge of about AED 24,100 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical three-bed in Al Thamam 07
500K1M1.5M20092012201520182021Typical sale price by year: 2009 AED 1,484,152; 2014 AED 1,453,539; 2020 AED 725,000Sold by developer, April 2009: AED 1,406,578 (AED 939 per sqft)Sold, October 2014: AED 1,375,972 (AED 919 per sqft)Sold, April 2020: AED 582,835 (AED 389 per sqft)Sold, June 2020: AED 700,000 (AED 467 per sqft)

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

Rents
Unit 103, 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 2016: AED 110,000 a yearNew contract, July 2017: AED 100,000 a yearNew contract, May 2018: AED 95,000 a yearNew contract, August 2019: AED 85,000 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 103 sits

All 5 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
14 Jul 2020750,000
15 Jun 2020800,000
19 Dec 20161,328,397
29 Dec 20141,645,878
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
1023-bedAED 800K · Jun 2020
1042-bedAED 830K · Aug 2018
1052-bedAED 975K · Apr 2026
1063-bedAED 1.33M · Dec 2016
1081-bedAED 495K · Nov 2021

103, Al Thamam 07 in numbers

  • Sold 4 times: first on 7 April 2009 for AED 1,406,578, last on 4 June 2020 for AED 700,000 (AED 467 per sqft).
  • Rented since May 2016 on 4 Ejari contracts, from AED 110,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2020 price is 12.1%, before a service charge of about AED 24,100 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 4 June 2020.

Questions about 103, Al Thamam 07

What did unit 103 last sell for?

AED 700,000 on 4 June 2020: AED 467 per sqft for 1,497 sqft. The unit has 4 registered sales; the first was AED 1,406,578 in April 2009.

What is the rent for unit 103?

AED 85,000 a year on the contract signed on 15 August 2019. The previous contract, from May 2018, was AED 95,000; the unit has been rented since May 2016.

How big is unit 103?

1,497 sqft (139.1 sqm): a three-bedroom apartment on the 1st floor of a 6-storey tower completed in 2011.

What is unit 103 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 103, Al Thamam 07

Starts from the last sale price (AED 700K, 4 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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