2-bed · 1,498 sqftAl Thamam 12, Remraam · 2nd floor · completed 2011

202, Al Thamam 12

Sold prices and rental history: sold 5 times, last in May 2024, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 1.07M15 May 2024
Current rentAED 80K /yr14 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Al Thamam 12

What is 202 worth today?

Last sold for AED 1,070,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 May 2024SoldReady
AED 1,070,000AED 714 per sqft
20 Jul 2017SoldReady
AED 550,000AED 367 per sqft
14 Dec 2015RentedNew contract
AED 80,000/yr12 months · AED 53 per sqft
13 Apr 2015SoldReady
AED 1,000,000AED 942 per sqft
15 Dec 2013RentedNew contract
AED 65,000/yr12 months · AED 43 per sqft
15 Dec 2012RentedNew contract
AED 60,000/yr12 months · AED 40 per sqft
19 Nov 2012SoldReady
AED 1,083,590AED 723 per sqft
22 Aug 2011Sold by developerOff-plan
AED 1,083,590AED 723 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
2-bed apartment
Size
1,498 sqft
Floor
2nd of 5
Parking
G-121
Developer
Remraam
Completed
2011
Service charge
AED 24,100 /yr
Last sold
AED 1.07M · May 2024
Building
Al Thamam 12

About 202, Al Thamam 12

202 is a two-bedroom apartment of 1,498 sqft on the 2nd floor of Al Thamam 12, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 15 May 2024 for AED 1,070,000, or AED 714 per sqft, in line with the AED 712 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 14 December 2015, is AED 80,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 24,100 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical two-bed in Al Thamam 12
500K750K1M2009201320172021Typical sale price by year: 2009 AED 949,569; 2011 AED 889,958; 2013 AED 889,958; 2014 AED 877,767; 2015 AED 962,285Sold by developer, August 2011: AED 1,083,590 (AED 723 per sqft)Sold, November 2012: AED 1,083,590 (AED 723 per sqft)Sold, April 2015: AED 1,000,000 (AED 942 per sqft)Sold, July 2017: AED 550,000 (AED 367 per sqft)Sold, May 2024: AED 1,070,000 (AED 714 per sqft)

202 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 202, each contractTypical two-bed in Al Thamam 12
60K80K2012201620202024Typical rent by year: 2013 AED 65,000; 2014 AED 65,000; 2015 AED 80,000; 2016 AED 79,688; 2017 AED 78,000; 2018 AED 74,250; 2019 AED 69,000; 2020 AED 50,000; 2021 AED 52,000; 2022 AED 55,000; 2023 AED 57,750; 2024 AED 65,214; 2025 AED 75,000; 2026 AED 82,000New contract, December 2012: AED 60,000 a yearNew contract, December 2013: AED 65,000 a yearNew contract, December 2015: AED 80,000 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 12, and where 202 sits

All 15 2-beds →

202 last sold in May 2024 at AED 714 per sqft, in line with what two-beds in Al Thamam 12 were fetching at the time (AED 712). 202's AED 80,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jan 20251,200,000
4 Mar 20241,050,000
27 Jul 2023720,000
10 Jul 20231,065,000
0 2-bed sales in the last 12 months

Al Thamam 12

Building

47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.

Typical price per sqft
AED 848
Typical sale
AED 700K
Typical rent
AED 61K /yr
Typical yield
8.3%
Al Thamam 12, Remraam: prices, sales and rents →

Other units on the 2nd floor

All 47 units in Al Thamam 12
Value
2011-bedAED 535K · Jun 2018
2032-bedAED 1.07M · Jul 2023
2042-bedAED 753K · Mar 2015
2052-bedAED 720K · Jul 2023
2062-bedAED 1.05M · Mar 2024
2072-bedAED 1.2M · Jan 2025
2081-bedAED 450K · May 2019
1–7 of 8

202, Al Thamam 12 in numbers

  • Sold 5 times: first on 22 August 2011 for AED 1,083,590, last on 15 May 2024 for AED 1,070,000 (AED 714 per sqft).
  • Rented since December 2012 on 3 Ejari contracts, from AED 60,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 24,100 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 15 May 2024.

Questions about 202, Al Thamam 12

What did unit 202 last sell for?

AED 1,070,000 on 15 May 2024: AED 714 per sqft for 1,498 sqft. The unit has 5 registered sales; the first was AED 1,083,590 in August 2011.

What is the rent for unit 202?

AED 80,000 a year on the contract signed on 14 December 2015. The previous contract, from December 2013, was AED 65,000; the unit has been rented since December 2012.

How big is unit 202?

1,498 sqft (139.2 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2011.

What is unit 202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 202? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 202, Al Thamam 12

Starts from the last sale price (AED 1.07M, 15 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

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