2-bed · 997 sqftAl Thamam 16, Remraam · 1st floor · completed 2011

107, Al Thamam 16

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 888K19 September 2013
Current rentAED 64K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Al Thamam 16

What is 107 worth today?

Last sold for AED 887,760 in 2013

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1 Jan 2025RentedRenewal
AED 63,800/yr12 months · AED 64 per sqft
1 Jan 2024RentedRenewal
AED 58,000/yr12 months · AED 58 per sqft
1 Jan 2023RentedRenewal
AED 52,800/yr12 months · AED 53 per sqft
1 Jan 2022RentedRenewal
AED 48,000/yr12 months · AED 48 per sqft
1 Jan 2021RentedRenewal
AED 48,000/yr12 months · AED 48 per sqft
1 Jan 2020RentedNew contract
AED 54,000/yr12 months · AED 54 per sqft
20 Apr 2019RentedNew contract
AED 60,000/yr12 months · AED 60 per sqft
15 Dec 2017RentedRenewal
AED 73,061/yr13 months · AED 73 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
2-bed apartment
Size
997 sqft
Floor
1st of 5
Parking
G-26
Developer
Remraam
Completed
2011
Service charge
AED 16,000 /yr
Last sold
AED 888K · September 2013
Building
Al Thamam 16

About 107, Al Thamam 16

107 is a two-bedroom apartment of 997 sqft on the 1st floor of Al Thamam 16, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 19 September 2013 for AED 887,760, or AED 890 per sqft, 9% above the AED 819 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 January 2025, is AED 63,800 a year: a gross yield of 7.2% on the 2013 price, before the service charge of about AED 16,000 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical two-bed in Al Thamam 16
890K900K201220132014Typical sale price by year: 2012 AED 906,255; 2013 AED 900,090Sold by developer, September 2013: AED 887,760 (AED 890 per sqft)

107 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 107, each contractTypical two-bed in Al Thamam 16
60K2013201720212025Typical rent by year: 2013 AED 63,000; 2014 AED 63,000; 2015 AED 74,250; 2016 AED 75,000; 2017 AED 73,500; 2018 AED 71,250; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 52,000; 2022 AED 53,500; 2023 AED 57,750; 2024 AED 63,800; 2025 AED 64,130; 2026 AED 64,125New contract, December 2014: AED 63,000 a yearNew contract, December 2015: AED 75,000 a yearRenewal, December 2016: AED 75,000 a yearRenewal, December 2017: AED 73,061 a yearNew contract, April 2019: AED 60,000 a yearNew contract, January 2020: AED 54,000 a yearRenewal, January 2021: AED 48,000 a yearRenewal, January 2022: AED 48,000 a yearRenewal, January 2023: AED 52,800 a yearRenewal, January 2024: AED 58,000 a yearRenewal, January 2025: AED 63,800 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 16, and where 107 sits

All 16 2-beds →

107 last sold in September 2013 at AED 890 per sqft, 9% above what two-beds in Al Thamam 16 were fetching at the time (AED 819). Over the last 12 months two-beds sold for AED 1,095,000, around AED 999 per sqft, and rent for AED 61,900 to 94,000 a year. 107's AED 63,800 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Feb 20261,095,000
21 Nov 2024950,000
4 May 20171,050,000
19 Sep 20131,110,629
1 2-bed sale in the last 12 months

Al Thamam 16

Building

60 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 1,110
Typical sale
AED 795K
Typical rent
AED 60K /yr
Typical yield
6.9%
Al Thamam 16, Remraam: prices, sales and rents →

Other units on the 1st floor

All 60 units in Al Thamam 16
Value
101StudioAED 549K · Sep 2013
1023-bedAED 1.41M · Sep 2013
1033-bedAED 1.33M · Sep 2013
1042-bedAED 888K · Sep 2013
1051-bedAED 510K · Nov 2024
1061-bedAED 677K · Oct 2013
1083-bedAED 1.33M · Sep 2013
1–7 of 9

107, Al Thamam 16 in numbers

  • Sold once: by Remraam on 19 September 2013 for AED 887,760, or AED 890 per sqft.
  • Rented since December 2014 on 11 Ejari contracts. The rent fell from AED 63,000 to AED 48,000 in 2022 and recovered to AED 63,800 by January 2025.
  • At AED 63,800 a year the gross yield on the 2013 price is 7.2%, before a service charge of about AED 16,000 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 16 sold for AED 1,095,000–1,095,000 in the 12 months to November 2026; the building's median across all types is AED 1,110 per sqft.

Source: Dubai Land Department. Updated 1 January 2025.

Questions about 107, Al Thamam 16

What did unit 107 last sell for?

AED 887,760 on 19 September 2013, sold by the developer: AED 890 per sqft for 997 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 63,800 a year on the contract renewed on 1 January 2025. The previous contract, from January 2024, was AED 58,000; the unit has been rented since December 2014.

How big is unit 107?

997 sqft (92.6 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2011.

What is unit 107 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 16 sold for AED 1,095,000 to 1,095,000 in the last 12 months, around AED 999 per sqft.

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Mortgage on 107, Al Thamam 16

Starts from the last sale price (AED 888K, 19 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 887,760
Deposit, UAE resident (20%)
AED 177,552
Deposit, non-resident (40%)
AED 355,104
Monthly over 25 years at 3.7%
AED 3,632

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