3-bed · 2,227 sqftAl Thamam 16, Remraam · Ground floor · completed 2011

G06, 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.

Unit G06 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 1.42M19 September 2013
Current rentAED 105K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G06, Al Thamam 16

What is G06 worth today?

Last sold for AED 1,422,719 in 2013

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15 Mar 2024RentedNew contract
AED 105,000/yr12 months · AED 47 per sqft
15 Nov 2021RentedRenewal
AED 75,500/yr12 months · AED 34 per sqft
15 Nov 2020RentedRenewal
AED 80,000/yr12 months · AED 36 per sqft
15 Nov 2019RentedRenewal
AED 88,000/yr12 months · AED 40 per sqft
15 Nov 2018RentedNew contract
AED 88,000/yr12 months · AED 40 per sqft
1 Jul 2017RentedRenewal
AED 102,000/yr12 months · AED 46 per sqft
1 Jul 2016RentedRenewal
AED 105,000/yr12 months · AED 47 per sqft
1 Jul 2015RentedNew contract
AED 105,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 15 March 2024.

Key facts

Type
3-bed apartment
Size
2,227 sqft
Floor
Ground of 5
Parking
G-12,G-13
Developer
Remraam
Completed
2011
Service charge
AED 35,800 /yr
Last sold
AED 1.42M · September 2013
Building
Al Thamam 16

About G06, Al Thamam 16

G06 is a three-bedroom apartment of 2,227 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 1,422,719, or AED 638 per sqft, in line with the AED 646 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 15 March 2024, is AED 105,000 a year: a gross yield of 7.4% on the 2013 price, before the service charge of about AED 35,800 a year.

Sales and rents for G06 over time

Rents
Unit G06, each contractTypical three-bed in Al Thamam 16
80K100K2013201720212025Typical rent by year: 2013 AED 100,000; 2014 AED 100,000; 2015 AED 100,125; 2016 AED 104,909; 2017 AED 101,000; 2018 AED 99,593; 2019 AED 92,000; 2020 AED 78,500; 2021 AED 73,500; 2022 AED 78,100; 2023 AED 89,500; 2024 AED 102,500; 2025 AED 110,000New contract, October 2013: AED 100,084 a yearNew contract, November 2014: AED 104,951 a yearNew contract, July 2015: AED 105,000 a yearRenewal, July 2016: AED 105,000 a yearRenewal, July 2017: AED 102,000 a yearNew contract, November 2018: AED 88,000 a yearRenewal, November 2019: AED 88,000 a yearRenewal, November 2020: AED 80,000 a yearRenewal, November 2021: AED 75,500 a yearNew contract, March 2024: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Al Thamam 16, and where G06 sits

All 6 3-beds →

G06 last sold in September 2013 at AED 638 per sqft, in line with what three-beds in Al Thamam 16 were fetching at the time (AED 646). G06's AED 105,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
19 Sep 20131,325,520
19 Sep 20131,325,520
19 Sep 20131,422,719
19 Sep 20131,408,966
0 3-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
G041-bedAED 470K · Jul 2021
G052-bedAED 983K · Sep 2013

G06, Al Thamam 16 in numbers

  • Sold once: by Remraam on 19 September 2013 for AED 1,422,719, or AED 638 per sqft.
  • Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 100,084 to AED 75,500 in 2021 and recovered to AED 105,000 by March 2024.
  • At AED 105,000 a year the gross yield on the 2013 price is 7.4%, before a service charge of about AED 35,800 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 15 March 2024.

Questions about G06, Al Thamam 16

What did unit G06 last sell for?

AED 1,422,719 on 19 September 2013, sold by the developer: AED 638 per sqft for 2,227 sqft. It is the only registered sale of the unit.

What is the rent for unit G06?

AED 105,000 a year on the contract signed on 15 March 2024. The previous contract, from November 2021, was AED 75,500; the unit has been rented since October 2013.

How big is unit G06?

2,227 sqft (206.9 sqm): a three-bedroom apartment on the ground floor of a 5-storey tower completed in 2011.

What is unit G06 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 G06, Al Thamam 16

Starts from the last sale price (AED 1.42M, 19 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,422,719
Deposit, UAE resident (20%)
AED 284,544
Deposit, non-resident (40%)
AED 569,088
Monthly over 25 years at 3.7%
AED 5,821

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