2-bed · 1,601 sqftAl Thamam 07, Remraam · Ground floor · completed 2011

G02, Al Thamam 07

Sold prices and rental history: sold 4 times, last in May 2020, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 31 May 2020
Last soldAED 608K31 May 2020
Current rentAED 70K /yr1 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, Al Thamam 07

What is G02 worth today?

Last sold for AED 607,500 in 2020

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31 May 2020SoldReady
AED 607,500AED 379 per sqft
12 Apr 2020SoldReady
AED 481,605AED 300 per sqft
1 Feb 2019RentedNew contract
AED 70,000/yr12 months · AED 44 per sqft
21 Sep 2017RentedNew contract
AED 83,000/yr12 months · AED 52 per sqft
1 Jan 2015RentedNew contract
AED 100,000/yr12 months · AED 62 per sqft
7 Oct 2014SoldReady
AED 1,065,568AED 665 per sqft
7 Apr 2009Sold by developerOff-plan
AED 1,038,861AED 648 per sqft

Source: Dubai Land Department. Updated 31 May 2020.

Key facts

Type
2-bed apartment
Size
1,601 sqft
Floor
Ground of 6
Parking
G-37
Developer
Remraam
Completed
2011
Service charge
AED 25,700 /yr
Last sold
AED 608K · May 2020
Building
Al Thamam 07

About G02, Al Thamam 07

G02 is a two-bedroom apartment of 1,601 sqft on the ground floor of Al Thamam 07, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 31 May 2020 for AED 607,500, or AED 379 per sqft, 16% below the AED 450 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 1 February 2019, is AED 70,000 a year: a gross yield of 11.5% on the 2020 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 07
500K1M2009201420192024Typical sale price by year: 2009 AED 1,038,861; 2014 AED 995,200; 2015 AED 844,433; 2019 AED 454,005; 2020 AED 585,000; 2024 AED 760,000; 2025 AED 1,125,000; 2026 AED 967,500Sold by developer, April 2009: AED 1,038,861 (AED 648 per sqft)Sold, October 2014: AED 1,065,568 (AED 665 per sqft)Sold, April 2020: AED 481,605 (AED 300 per sqft)Sold, May 2020: AED 607,500 (AED 379 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 07
50K75K100K2014201820222026Typical rent by year: 2014 AED 75,000; 2015 AED 85,000; 2016 AED 80,000; 2017 AED 76,500; 2018 AED 72,000; 2019 AED 64,500; 2020 AED 55,000; 2021 AED 56,000; 2022 AED 62,000; 2023 AED 61,000; 2024 AED 70,000; 2025 AED 80,000; 2026 AED 85,000New contract, January 2015: AED 100,000 a yearNew contract, September 2017: AED 83,000 a yearNew contract, February 2019: AED 70,000 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 07, and where G02 sits

All 22 2-beds →

G02 last sold in May 2020 at AED 379 per sqft, 16% below what two-beds in Al Thamam 07 were fetching at the time (AED 450). Over the last 12 months two-beds sold for AED 950,000 to 1,075,000, around AED 959 per sqft, and rent for AED 80,000 to 90,000 a year. G02's AED 70,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 2026960,000
9 Jun 2026950,000
13 Apr 2026975,000
3 Apr 20261,075,000
4 2-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 ground floor

All 55 units in Al Thamam 07
Value
G013-bedAED 1.65M · Dec 2014
G032-bedAED 625K · Sep 2020
G043-bedAED 750K · Jul 2020

G02, Al Thamam 07 in numbers

  • Sold 4 times: first on 7 April 2009 for AED 1,038,861, last on 31 May 2020 for AED 607,500 (AED 379 per sqft).
  • Rented since January 2015 on 3 Ejari contracts, from AED 100,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2020 price is 11.5%, before a service charge of about AED 25,700 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 07 sold for AED 950,000–1,075,000 in the 12 months to November 2026; the building's median across all types is AED 959 per sqft.

Source: Dubai Land Department. Updated 31 May 2020.

Questions about G02, Al Thamam 07

What did unit G02 last sell for?

AED 607,500 on 31 May 2020: AED 379 per sqft for 1,601 sqft. The unit has 4 registered sales; the first was AED 1,038,861 in April 2009.

What is the rent for unit G02?

AED 70,000 a year on the contract signed on 1 February 2019. The previous contract, from September 2017, was AED 83,000; the unit has been rented since January 2015.

How big is unit G02?

1,601 sqft (148.7 sqm): a two-bedroom apartment on the ground floor of a 6-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 07 sold for AED 950,000 to 1,075,000 in the last 12 months, around AED 959 per sqft.

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Mortgage on G02, Al Thamam 07

Starts from the last sale price (AED 608K, 31 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 607,500
Deposit, UAE resident (20%)
AED 121,500
Deposit, non-resident (40%)
AED 243,000
Monthly over 25 years at 3.7%
AED 2,485

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