G03, Al Thamam 07
Sold prices and rental history: sold 4 times, last in September 2020, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G03, Al Thamam 07
What is G03 worth today?
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Source: Dubai Land Department. Updated 2 September 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,601 sqft
- Floor
- Ground of 6
- Parking
- G-36
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 25,700 /yr
- Last sold
- AED 625K · September 2020
- Building
- Al Thamam 07
About G03, Al Thamam 07
G03 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 2 September 2020 for AED 625,000, or AED 390 per sqft, 13% below the AED 450 two-beds in the building were fetching at the time.
It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 10 February 2019, is AED 72,000 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 G03 over time
G03 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 G03 sits
All 22 2-beds →G03 last sold in September 2020 at AED 390 per sqft, 13% 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. G03's AED 72,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 1,009 sqft | 960,000 | 951 | ||
| 9 Jun 20269 June 2026 | 1,009 sqft | 950,000 | 941 | ||
| 13 Apr 202613 April 2026 | 1,009 sqft | 975,000 | 966 | ||
| 3 Apr 20263 April 2026 | 1,009 sqft | 1,075,000 | 1,065 |
Al Thamam 07
Building55 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%
Other units on the ground floor
All 55 units in Al Thamam 07G03, Al Thamam 07 in numbers
- Sold 4 times: first on 7 April 2009 for AED 1,038,861, last on 2 September 2020 for AED 625,000 (AED 390 per sqft).
- Rented since May 2015 on 2 Ejari contracts, from AED 90,000 to AED 72,000 a year.
- At AED 72,000 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 2 September 2020.
Questions about G03, Al Thamam 07
What did unit G03 last sell for?
AED 625,000 on 2 September 2020: AED 390 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 G03?
AED 72,000 a year on the contract signed on 10 February 2019. The previous contract, from May 2015, was AED 90,000.
How big is unit G03?
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 G03 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 G03, Al Thamam 07
Starts from the last sale price (AED 625K, 2 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 625,000
- Deposit, UAE resident (20%)
- AED 125,000
- Deposit, non-resident (40%)
- AED 250,000
- Monthly over 25 years at 3.7%
- AED 2,557
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →