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2-bed · 1,501 sqftAl Thamam 11, Remraam · 2nd floor · completed 2011

203, Al Thamam 11

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 30 April 2024
Last soldAED 1.09M20 May 2009
Current rentAED 66K /yr30 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Al Thamam 11

What is 203 worth today?

Last sold for AED 1,090,433 in 2009

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30 Apr 2024RentedRenewal
AED 65,610/yr12 months · AED 44 per sqft
1 May 2023RentedRenewal
AED 65,793/yr12 months · AED 44 per sqft
1 May 2022RentedRenewal
AED 65,610/yr12 months · AED 44 per sqft
1 May 2021RentedRenewal
AED 65,610/yr12 months · AED 44 per sqft
1 May 2020RentedNew contract
AED 72,900/yr12 months · AED 49 per sqft
1 May 2019RentedRenewal
AED 81,000/yr12 months · AED 54 per sqft
1 May 2018RentedRenewal
AED 90,000/yr12 months · AED 60 per sqft
1 May 2017RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 30 April 2024.

Key facts

Type
2-bed apartment
Size
1,501 sqft
Floor
2nd of 7
Parking
G-41
Developer
Remraam
Completed
2011
Service charge
AED 24,100 /yr
Last sold
AED 1.09M · May 2009
Building
Al Thamam 11

About 203, Al Thamam 11

203 is a two-bedroom apartment of 1,501 sqft on the 2nd floor of Al Thamam 11, a 7-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 20 May 2009 for AED 1,090,433, or AED 726 per sqft, 14% below the AED 845 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 30 April 2024, is AED 65,610 a year: a gross yield of 6.0% on the 2009 price, before the service charge of about AED 24,100 a year.

Sales and rents for 203 over time

Rents
Unit 203, each contractTypical two-bed in Al Thamam 11
60K80K2017202020232026Typical rent by year: 2017 AED 76,000; 2018 AED 72,200; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 48,000; 2022 AED 54,000; 2023 AED 59,560; 2024 AED 65,340; 2025 AED 73,500New contract, May 2017: AED 90,000 a yearRenewal, May 2018: AED 90,000 a yearRenewal, May 2019: AED 81,000 a yearNew contract, May 2020: AED 72,900 a yearRenewal, May 2021: AED 65,610 a yearRenewal, May 2022: AED 65,610 a yearRenewal, May 2023: AED 65,793 a yearRenewal, April 2024: AED 65,610 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 11, and where 203 sits

All 20 2-beds →

203 last sold in May 2009 at AED 726 per sqft, 14% below what two-beds in Al Thamam 11 were fetching at the time (AED 845). Over the last 12 months two-beds sold for AED 1,300,000, around AED 812 per sqft, and rent for AED 63,525 to 90,000 a year. 203's AED 65,610 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Dec 20251,300,000
24 Jun 20251,250,000
12 Dec 2024880,000
24 Sep 2024925,000
1 2-bed sale in the last 12 months

Al Thamam 11

Building

63 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 941
Typical sale
AED 1.45M
Typical rent
AED 55K /yr
Typical yield
7.1%
Al Thamam 11, Remraam: prices, sales and rents →

Other units on the 2nd floor

All 63 units in Al Thamam 11
Value
2011-bedAED 608K · May 2009
2022-bedAED 1.09M · May 2009
2042-bedAED 890K · May 2009
2052-bedAED 890K · May 2009
2062-bedAED 1.09M · May 2009
2072-bedAED 1.09M · May 2009
2081-bedAED 591K · May 2009
1–7 of 8

203, Al Thamam 11 in numbers

  • Sold once: by Remraam on 20 May 2009 for AED 1,090,433, or AED 726 per sqft.
  • Rented since May 2017 on 8 Ejari contracts, from AED 90,000 to AED 65,610 a year.
  • At AED 65,610 a year the gross yield on the 2009 price is 6.0%, before a service charge of about AED 24,100 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 11 sold for AED 1,300,000–1,300,000 in the 12 months to November 2026; the building's median across all types is AED 941 per sqft.

Source: Dubai Land Department. Updated 30 April 2024.

Questions about 203, Al Thamam 11

What did unit 203 last sell for?

AED 1,090,433 on 20 May 2009, sold by the developer: AED 726 per sqft for 1,501 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 65,610 a year on the contract renewed on 30 April 2024. The previous contract, from May 2023, was AED 65,793; the unit has been rented since May 2017.

How big is unit 203?

1,501 sqft (139.4 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2011.

What is unit 203 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 11 sold for AED 1,300,000 to 1,300,000 in the last 12 months, around AED 812 per sqft.

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Mortgage on 203, Al Thamam 11

Starts from the last sale price (AED 1.09M, 20 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,090,433
Deposit, UAE resident (20%)
AED 218,087
Deposit, non-resident (40%)
AED 436,173
Monthly over 25 years at 3.7%
AED 4,461

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