2-bed · 1,667 sqftAl Thamam 16, Remraam · Ground floor · completed 2011

G05, 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 G05 · DLD and Ejari recordsUpdated 20 January 2024
Last soldAED 983K19 September 2013
Current rentAED 60K /yr20 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G05, Al Thamam 16

What is G05 worth today?

Last sold for AED 983,234 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Jan 2024RentedRenewal
AED 59,500/yr12 months · AED 36 per sqft
20 Jan 2023RentedRenewal
AED 57,750/yr12 months · AED 35 per sqft
20 Jan 2022RentedRenewal
AED 55,000/yr12 months · AED 33 per sqft
20 Jan 2021RentedRenewal
AED 55,000/yr12 months · AED 33 per sqft
20 Jan 2020RentedRenewal
AED 60,000/yr12 months · AED 36 per sqft
20 Jan 2019RentedRenewal
AED 65,000/yr12 months · AED 39 per sqft
20 Jan 2017RentedRenewal
AED 73,500/yr12 months · AED 44 per sqft
20 Jan 2016RentedRenewal
AED 73,500/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 20 January 2024.

Key facts

Type
2-bed apartment
Size
1,667 sqft
Floor
Ground of 5
Parking
G-10
Developer
Remraam
Completed
2011
Service charge
AED 26,800 /yr
Last sold
AED 983K · September 2013
Building
Al Thamam 16

About G05, Al Thamam 16

G05 is a two-bedroom apartment of 1,667 sqft on the ground 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 983,234, or AED 589 per sqft, 28% below the AED 819 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 20 January 2024, is AED 59,500 a year: a gross yield of 6.0% on the 2013 price, before the service charge of about AED 26,800 a year.

Sales and rents for G05 over time

Sales
Unit G05, each saleTypical two-bed in Al Thamam 16
900K950K201220132014Typical sale price by year: 2012 AED 906,255; 2013 AED 900,090Sold by developer, September 2013: AED 983,234 (AED 589 per sqft)

G05 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit G05, 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, January 2014: AED 70,000 a yearNew contract, January 2015: AED 73,500 a yearRenewal, January 2016: AED 73,500 a yearRenewal, January 2017: AED 73,500 a yearRenewal, January 2019: AED 65,000 a yearRenewal, January 2020: AED 60,000 a yearRenewal, January 2021: AED 55,000 a yearRenewal, January 2022: AED 55,000 a yearRenewal, January 2023: AED 57,750 a yearRenewal, January 2024: AED 59,500 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 G05 sits

All 16 2-beds →

G05 last sold in September 2013 at AED 589 per sqft, 28% 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. G05's AED 59,500 is at the bottom 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 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
G041-bedAED 470K · Jul 2021
G063-bedAED 1.42M · Sep 2013

G05, Al Thamam 16 in numbers

  • Sold once: by Remraam on 19 September 2013 for AED 983,234, or AED 589 per sqft.
  • Rented since January 2014 on 10 Ejari contracts, from AED 70,000 to AED 59,500 a year.
  • At AED 59,500 a year the gross yield on the 2013 price is 6.0%, before a service charge of about AED 26,800 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 20 January 2024.

Questions about G05, Al Thamam 16

What did unit G05 last sell for?

AED 983,234 on 19 September 2013, sold by the developer: AED 589 per sqft for 1,667 sqft. It is the only registered sale of the unit.

What is the rent for unit G05?

AED 59,500 a year on the contract renewed on 20 January 2024. The previous contract, from January 2023, was AED 57,750; the unit has been rented since January 2014.

How big is unit G05?

1,667 sqft (154.9 sqm): a two-bedroom apartment on the ground floor of a 5-storey tower completed in 2011.

What is unit G05 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.

Selling G05? 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.

How OpenOffers works

Mortgage on G05, Al Thamam 16

Starts from the last sale price (AED 983K, 19 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 983,234
Deposit, UAE resident (20%)
AED 196,647
Deposit, non-resident (40%)
AED 393,294
Monthly over 25 years at 3.7%
AED 4,023

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