203, Al Thamam 16
Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Al Thamam 16
What is 203 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,492 sqft
- Floor
- 2nd of 5
- Parking
- G-161
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 24,000 /yr
- Last sold
- AED 1.11M · September 2013
- Building
- Al Thamam 16
About 203, Al Thamam 16
203 is a two-bedroom apartment of 1,492 sqft on the 2nd 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 1,110,629, or AED 744 per sqft, 9% below the AED 819 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 1 November 2025, is AED 87,000 a year: a gross yield of 7.8% on the 2013 price, before the service charge of about AED 24,000 a year.
Sales and rents for 203 over time
203 has sold once; the dashed line is the two-bed median of each year in the building.
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 203 sits
All 16 2-beds →203 last sold in September 2013 at AED 744 per sqft, 9% below 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. 203's AED 87,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Feb 202625 February 2026 | 1,096 sqft | 1,095,000 | 999 | ||
| 21 Nov 202421 November 2024 | 1,096 sqft | 950,000 | 866 | ||
| 4 May 20174 May 2017 | 996 sqft | 1,050,000 | 1,054 | ||
| 19 Sep 201319 September 2013 | 1,486 sqft | 1,110,627 | 747 |
Al Thamam 16
Building60 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%
Other units on the 2nd floor
All 60 units in Al Thamam 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | Studio | 494 sqft | AED 605KAED 605,000 · Jan 2017January 2017 | 33,000 /yr | |
| 202 | 2-bed | 1,486 sqft | AED 1.11MAED 1,110,627 · Sep 2013September 2013 | 66,150 /yr | |
| 204 | 2-bed | 996 sqft | AED 898KAED 897,550 · Sep 2013September 2013 | 63,250 /yr | |
| 205 | 1-bed | 707 sqft | AED 450KAED 450,000 · May 2013May 2013 | 55,000 /yr | |
| 206 | 1-bed | 708 sqft | AED 660KAED 660,000 · Sep 2015September 2015 | 30,829 /yr | |
| 207 | 2-bed | 996 sqft | AED 898KAED 897,550 · Sep 2013September 2013 | 61,900 /yr | |
| 208 | 2-bed | 1,490 sqft | AED 1.11MAED 1,110,630 · Sep 2013September 2013 | 66,000 /yr | |
| 209 | 2-bed | 1,486 sqft | AED 1.11MAED 1,110,627 · Sep 2013September 2013 | 65,000 /yr | |
| 210 | Studio | 494 sqft | AED 300KAED 300,000 · Oct 2021October 2021 | 44,000 /yr | |
| 211 | Studio | 405 sqft | AED 400KAED 400,000 · Oct 2024October 2024 | 31,185 /yr |
203, Al Thamam 16 in numbers
- Sold once: by Remraam on 19 September 2013 for AED 1,110,629, or AED 744 per sqft.
- Rented since November 2013 on 13 Ejari contracts. The rent fell from AED 72,000 to AED 54,000 in 2022 and recovered to AED 87,000 by November 2025.
- At AED 87,000 a year the gross yield on the 2013 price is 7.8%, before a service charge of about AED 24,000 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 November 2025.
Questions about 203, Al Thamam 16
What did unit 203 last sell for?
AED 1,110,629 on 19 September 2013, sold by the developer: AED 744 per sqft for 1,492 sqft. It is the only registered sale of the unit.
What is the rent for unit 203?
AED 87,000 a year on the contract signed on 1 November 2025. The previous contract, from September 2024, was AED 63,800; the unit has been rented since November 2013.
How big is unit 203?
1,492 sqft (138.6 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. 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 203, Al Thamam 16
Starts from the last sale price (AED 1.11M, 19 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,110,629
- Deposit, UAE resident (20%)
- AED 222,126
- Deposit, non-resident (40%)
- AED 444,252
- Monthly over 25 years at 3.7%
- AED 4,544
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →