1-bed · 708 sqftAl Thamam 16, Remraam · 2nd floor · completed 2011

206, Al Thamam 16

Sold prices and rental history: sold 3 times, last in September 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 21 November 2021
Last soldAED 660K14 September 2015
Current rentAED 31K /yr21 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Al Thamam 16

What is 206 worth today?

Last sold for AED 660,000 in 2015

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21 Nov 2021RentedNew contract
AED 30,829/yr12 months · AED 43 per sqft
14 Sep 2015SoldReady
AED 660,000AED 932 per sqft
20 May 2015RentedRenewal
AED 48,000/yr12 months · AED 68 per sqft
20 May 2014RentedNew contract
AED 43,000/yr12 months · AED 61 per sqft
20 May 2013RentedNew contract
AED 40,000/yr12 months · AED 56 per sqft
6 May 2013SoldReady
AED 230,000AED 324 per sqft
18 Nov 2012Sold by developerReady
AED 634,375AED 896 per sqft

Source: Dubai Land Department. Updated 21 November 2021.

Key facts

Type
1-bed apartment
Size
708 sqft
Floor
2nd of 5
Parking
G-158
Developer
Remraam
Completed
2011
Service charge
AED 11,400 /yr
Last sold
AED 660K · September 2015
Building
Al Thamam 16

About 206, Al Thamam 16

206 is a one-bedroom apartment of 708 sqft on the 2nd floor of Al Thamam 16, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 14 September 2015 for AED 660,000, or AED 932 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 21 November 2021, is AED 30,829 a year: a gross yield of 4.7% on the 2015 price, before the service charge of about AED 11,400 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical one-bed in Al Thamam 16
500K2012201620202024Typical sale price by year: 2012 AED 634,375; 2013 AED 689,490; 2014 AED 788,515; 2021 AED 370,000; 2022 AED 420,000; 2023 AED 465,000; 2024 AED 590,000Sold by developer, November 2012: AED 634,375 (AED 896 per sqft)Sold, May 2013: AED 230,000 (AED 324 per sqft)Sold, September 2015: AED 660,000 (AED 932 per sqft)

206 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 206, each contractTypical one-bed in Al Thamam 16
40K60K2013201720212025Typical rent by year: 2013 AED 41,000; 2014 AED 54,000; 2015 AED 57,426; 2016 AED 63,500; 2017 AED 60,000; 2018 AED 56,000; 2019 AED 47,500; 2020 AED 40,000; 2021 AED 34,000; 2022 AED 36,500; 2023 AED 40,000; 2024 AED 46,000; 2025 AED 55,000; 2026 AED 60,000New contract, May 2013: AED 40,000 a yearNew contract, May 2014: AED 43,000 a yearRenewal, May 2015: AED 48,000 a yearNew contract, November 2021: AED 30,829 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 16, and where 206 sits

All 24 1-beds →

206's AED 30,829 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Jan 2025750,000
6 Dec 2024680,000
11 Nov 2024510,000
2 Oct 2024670,000
0 1-bed sales 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 2nd floor

All 60 units in Al Thamam 16
Value
201StudioAED 605K · Jan 2017
2022-bedAED 1.11M · Sep 2013
2032-bedAED 1.11M · Sep 2013
2042-bedAED 898K · Sep 2013
2051-bedAED 450K · May 2013
2072-bedAED 898K · Sep 2013
2082-bedAED 1.11M · Sep 2013
1–7 of 10

206, Al Thamam 16 in numbers

  • Sold 3 times: first on 18 November 2012 for AED 634,375, last on 14 September 2015 for AED 660,000 (AED 932 per sqft).
  • Rented since May 2013 on 4 Ejari contracts, from AED 40,000 to AED 30,829 a year.
  • At AED 30,829 a year the gross yield on the 2015 price is 4.7%, before a service charge of about AED 11,400 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 21 November 2021.

Questions about 206, Al Thamam 16

What did unit 206 last sell for?

AED 660,000 on 14 September 2015: AED 932 per sqft for 708 sqft. The unit has 3 registered sales; the first was AED 634,375 in November 2012.

What is the rent for unit 206?

AED 30,829 a year on the contract signed on 21 November 2021. The previous contract, from May 2015, was AED 48,000; the unit has been rented since May 2013.

How big is unit 206?

708 sqft (65.8 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2011.

What is unit 206 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 206, Al Thamam 16

Starts from the last sale price (AED 660K, 14 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

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