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1-bed · 773 sqftAl Thamam 11, Remraam · 6th floor · completed 2011

603, Al Thamam 11

Sold prices and rental history: sold once, by the developer in December 2015, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 18 May 2022
Last soldAED 351K29 December 2015
Current rentAED 35K /yr18 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 603, Al Thamam 11

What is 603 worth today?

Last sold for AED 351,330 in 2015

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18 May 2022RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
31 Mar 2020RentedNew contract
AED 38,000/yr12 months · AED 49 per sqft
29 Dec 2015Sold by developerReady
AED 351,330AED 454 per sqft

Source: Dubai Land Department. Updated 18 May 2022.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
6th of 7
Parking
G-95
Developer
Remraam
Completed
2011
Service charge
AED 12,400 /yr
Last sold
AED 351K · December 2015
Building
Al Thamam 11

About 603, Al Thamam 11

603 is a one-bedroom apartment of 773 sqft on the 6th floor of Al Thamam 11, a 7-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 29 December 2015 for AED 351,330, or AED 454 per sqft.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 18 May 2022, is AED 35,000 a year: a gross yield of 10.0% on the 2015 price, before the service charge of about AED 12,400 a year.

Sales and rents for 603 over time

Rents
Unit 603, each contractTypical one-bed in Al Thamam 11
40K60K2017202020232026Typical rent by year: 2017 AED 57,000; 2018 AED 52,500; 2019 AED 44,920; 2020 AED 35,550; 2021 AED 31,500; 2022 AED 35,825; 2023 AED 39,710; 2024 AED 45,172; 2025 AED 47,002; 2026 AED 52,500New contract, March 2020: AED 38,000 a yearNew contract, May 2022: AED 35,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Thamam 11, and where 603 sits

All 29 1-beds →

603's AED 35,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 May 2009702,659
20 May 2009611,163
20 May 2009608,465
20 May 2009605,297
0 1-bed sales 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 54K /yr
Typical yield
7.4%
Al Thamam 11, Remraam: prices, sales and rents →

Other units on the 6th floor

All 63 units in Al Thamam 11
Value
6011-bedAED 625K · May 2009
6021-bedAED 687K · May 2009
6042-bedAED 1.01M · May 2009
6052-bedAED 1.01M · May 2009
6061-bedAED 703K · May 2009
6071-bedAED 687K · May 2009
6081-bedAED 607K · May 2009
1–7 of 8

603, Al Thamam 11 in numbers

  • Sold once: by Remraam on 29 December 2015 for AED 351,330, or AED 454 per sqft.
  • Rented since March 2020 on 2 Ejari contracts, from AED 38,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2015 price is 10.0%, before a service charge of about AED 12,400 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 18 May 2022.

Questions about 603, Al Thamam 11

What did unit 603 last sell for?

AED 351,330 on 29 December 2015, sold by the developer: AED 454 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 35,000 a year on the contract signed on 18 May 2022. The previous contract, from March 2020, was AED 38,000.

How big is unit 603?

773 sqft (71.8 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2011.

What is unit 603 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 603, Al Thamam 11

Starts from the last sale price (AED 351K, 29 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 351,330
Deposit, UAE resident (20%)
AED 70,266
Deposit, non-resident (40%)
AED 140,532
Monthly over 25 years at 3.7%
AED 1,437

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