G03, Al Thamam 16
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G03, Al Thamam 16
What is G03 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 2 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 989 sqft
- Floor
- Ground of 5
- Parking
- G-17
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 15,900 /yr
- Last sold
- AED 670K · October 2024
- Building
- Al Thamam 16
About G03, Al Thamam 16
G03 is a one-bedroom apartment of 989 sqft on the ground floor of Al Thamam 16, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 2 October 2024 for AED 670,000, or AED 677 per sqft.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 11 February 2023, is AED 45,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 15,900 a year.
Sales and rents for G03 over time
G03 has sold twice; the dashed line is the one-bed median of each year in the building.
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 G03 sits
All 24 1-beds →G03's AED 45,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jan 20257 January 2025 | 1,140 sqft | 750,000 | 658 | ||
| 6 Dec 20246 December 2024 | 783 sqft | 680,000 | 868 | ||
| 11 Nov 202411 November 2024 | 670 sqft | 510,000 | 760 | ||
| 7 Jun 20247 June 2024 | 1,144 sqft | 500,000 | 437 |
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 ground floor
All 60 units in Al Thamam 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | 3-bed | 2,227 sqft | AED 1.42MAED 1,422,719 · Sep 2013September 2013 | 115,000 /yr | |
| G02 | 2-bed | 1,667 sqft | AED 983KAED 983,234 · Sep 2013September 2013 | 64,275 /yr | |
| G04 | 1-bed | 989 sqft | AED 470KAED 470,000 · Jul 2021July 2021 | 30,000 /yr | |
| G05 | 2-bed | 1,667 sqft | AED 983KAED 983,234 · Sep 2013September 2013 | 59,500 /yr | |
| G06 | 3-bed | 2,227 sqft | AED 1.42MAED 1,422,719 · Sep 2013September 2013 | 105,000 /yr |
G03, Al Thamam 16 in numbers
- Sold twice: first on 16 March 2014 for AED 752,030, last on 2 October 2024 for AED 670,000 (AED 677 per sqft).
- Rented since January 2020 on 4 Ejari contracts. The rent fell from AED 43,000 to AED 38,000 in 2022 and recovered to AED 45,000 by February 2023.
- At AED 45,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 15,900 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 2 October 2024.
Questions about G03, Al Thamam 16
What did unit G03 last sell for?
AED 670,000 on 2 October 2024: AED 677 per sqft for 989 sqft. The unit has 2 registered sales; the first was AED 752,030 in March 2014.
What is the rent for unit G03?
AED 45,000 a year on the contract signed on 11 February 2023. The previous contract, from January 2022, was AED 38,000; the unit has been rented since January 2020.
How big is unit G03?
989 sqft (91.9 sqm): a one-bedroom apartment on the ground floor of a 5-storey tower completed in 2011.
What is unit G03 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling G03? 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.
Mortgage on G03, Al Thamam 16
Starts from the last sale price (AED 670K, 2 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 670,000
- Deposit, UAE resident (20%)
- AED 134,000
- Deposit, non-resident (40%)
- AED 268,000
- Monthly over 25 years at 3.7%
- AED 2,741
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →