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1-bed · 989 sqftAl Thamam 16, Remraam · Ground floor · completed 2011

G04, Al Thamam 16

Sold prices and rental history: sold 3 times, last in July 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G04 · DLD and Ejari recordsUpdated 1 April 2023
Last soldAED 470K25 July 2021
Current rentAED 30K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G04, Al Thamam 16

What is G04 worth today?

Last sold for AED 470,000 in 2021

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1 Apr 2023RentedNew contract
AED 30,000/yr12 months · AED 30 per sqft
1 Apr 2022RentedRenewal
AED 30,000/yr12 months · AED 30 per sqft
25 Jul 2021SoldReady
AED 470,000AED 475 per sqft
1 Apr 2021RentedNew contract
AED 30,000/yr12 months · AED 30 per sqft
1 May 2019RentedRenewal
AED 42,857/yr14 months · AED 43 per sqft
1 May 2018RentedNew contract
AED 52,000/yr12 months · AED 53 per sqft
1 Nov 2016RentedRenewal
AED 66,000/yr12 months · AED 67 per sqft
1 Nov 2015RentedRenewal
AED 66,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 1 April 2023.

Key facts

Type
1-bed apartment
Size
989 sqft
Floor
Ground of 5
Parking
G-9
Developer
Remraam
Completed
2011
Service charge
AED 15,900 /yr
Last sold
AED 470K · July 2021
Building
Al Thamam 16

About G04, Al Thamam 16

G04 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 25 July 2021 for AED 470,000, or AED 475 per sqft, 5% below the AED 501 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 April 2023, is AED 30,000 a year: a gross yield of 6.4% on the 2021 price, before the service charge of about AED 15,900 a year.

Sales and rents for G04 over time

Sales
Unit G04, each saleTypical one-bed in Al Thamam 16
500K750K2012201620202024Typical 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, December 2012: AED 752,037 (AED 760 per sqft)Sold, July 2014: AED 850,000 (AED 859 per sqft)Sold, July 2021: AED 470,000 (AED 475 per sqft)

G04 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G04, 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, February 2013: AED 40,000 a yearNew contract, November 2014: AED 65,000 a yearRenewal, November 2015: AED 66,000 a yearRenewal, November 2016: AED 66,000 a yearNew contract, May 2018: AED 52,000 a yearRenewal, May 2019: AED 42,857 a yearNew contract, April 2021: AED 30,000 a yearRenewal, April 2022: AED 30,000 a yearNew contract, April 2023: AED 30,000 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 G04 sits

All 24 1-beds →

G04 last sold in July 2021 at AED 475 per sqft, 5% below what one-beds in Al Thamam 16 were fetching at the time (AED 501). G04's AED 30,000 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 ground floor

All 60 units in Al Thamam 16
Value
G013-bedAED 1.42M · Sep 2013
G022-bedAED 983K · Sep 2013
G031-bedAED 670K · Oct 2024
G052-bedAED 983K · Sep 2013
G063-bedAED 1.42M · Sep 2013

G04, Al Thamam 16 in numbers

  • Sold 3 times: first on 26 December 2012 for AED 752,037, last on 25 July 2021 for AED 470,000 (AED 475 per sqft).
  • Rented since February 2013 on 9 Ejari contracts, from AED 40,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2021 price is 6.4%, before a service charge of about AED 15,900 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 1 April 2023.

Questions about G04, Al Thamam 16

What did unit G04 last sell for?

AED 470,000 on 25 July 2021: AED 475 per sqft for 989 sqft. The unit has 3 registered sales; the first was AED 752,037 in December 2012.

What is the rent for unit G04?

AED 30,000 a year on the contract signed on 1 April 2023. The previous contract, from April 2022, was AED 30,000; the unit has been rented since February 2013.

How big is unit G04?

989 sqft (91.9 sqm): a one-bedroom apartment on the ground floor of a 5-storey tower completed in 2011.

What is unit G04 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 G04, Al Thamam 16

Starts from the last sale price (AED 470K, 25 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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