Home
Dubai prices
About
Research
2-bed · 1,498 sqftAl Thamam 12, Remraam · 2nd floor · completed 2011

203, Al Thamam 12

Sold prices and rental history: sold 4 times, last in July 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 10 July 2023
Last soldAED 1.07M10 July 2023
Current rentAED 76K /yr20 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 203

Property timeline for 203, Al Thamam 12

What is 203 worth today?

Last sold for AED 1,065,000 in 2023

Unlock today's estimate, updated daily, with

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

10 Jul 2023SoldReady
AED 1,065,000AED 710 per sqft
20 Dec 2022RentedNew contract
AED 76,000/yr12 months · AED 51 per sqft
6 Jun 2022SoldReady
AED 620,145AED 413 per sqft
15 Aug 2021RentedRenewal
AED 65,000/yr12 months · AED 43 per sqft
15 Aug 2020RentedRenewal
AED 65,000/yr12 months · AED 43 per sqft
15 Aug 2019RentedNew contract
AED 73,000/yr12 months · AED 49 per sqft
7 Apr 2019RentedRenewal
AED 77,500/yr12 months · AED 52 per sqft
7 Apr 2018RentedRenewal
AED 77,500/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 10 July 2023.

Key facts

Type
2-bed apartment
Size
1,498 sqft
Floor
2nd of 5
Parking
G-120
Developer
Remraam
Completed
2011
Service charge
AED 24,100 /yr
Last sold
AED 1.07M · July 2023
Building
Al Thamam 12

About 203, Al Thamam 12

203 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 10 July 2023 for AED 1,065,000, or AED 710 per sqft.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 20 December 2022, is AED 76,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 24,100 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Al Thamam 12
750K1M2009201320172021Typical 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, June 2014: AED 947,579 (AED 632 per sqft)Sold, June 2022: AED 620,145 (AED 413 per sqft)Sold, July 2023: AED 1,065,000 (AED 710 per sqft)

203 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 203, each contractTypical two-bed in Al Thamam 12
60K80K2013201720212025Typical 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, March 2015: AED 92,000 a yearNew contract, April 2017: AED 90,000 a yearRenewal, April 2018: AED 77,500 a yearRenewal, April 2019: AED 77,500 a yearNew contract, August 2019: AED 73,000 a yearRenewal, August 2020: AED 65,000 a yearRenewal, August 2021: AED 65,000 a yearNew contract, December 2022: AED 76,000 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 203 sits

All 15 2-beds →

203's AED 76,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jan 20251,200,000
15 May 20241,070,000
4 Mar 20241,050,000
27 Jul 2023720,000
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
2022-bedAED 1.07M · May 2024
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

203, Al Thamam 12 in numbers

  • Sold 4 times: first on 22 August 2011 for AED 1,083,590, last on 10 July 2023 for AED 1,065,000 (AED 710 per sqft).
  • Rented since March 2015 on 8 Ejari contracts. The rent fell from AED 92,000 to AED 65,000 in 2021 and recovered to AED 76,000 by December 2022.
  • At AED 76,000 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 24,100 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 10 July 2023.

Questions about 203, Al Thamam 12

What did unit 203 last sell for?

AED 1,065,000 on 10 July 2023: AED 710 per sqft for 1,498 sqft. The unit has 4 registered sales; the first was AED 1,083,590 in August 2011.

What is the rent for unit 203?

AED 76,000 a year on the contract signed on 20 December 2022. The previous contract, from August 2021, was AED 65,000; the unit has been rented since March 2015.

How big is unit 203?

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 203 worth today?

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

Selling 203? 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 203, Al Thamam 12

Starts from the last sale price (AED 1.07M, 10 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,065,000
Deposit, UAE resident (20%)
AED 213,000
Deposit, non-resident (40%)
AED 426,000
Monthly over 25 years at 3.7%
AED 4,357

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