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2-bed · 1,498 sqftAl Thamam 51, Remraam · 2nd floor · completed 2011

203, Al Thamam 51

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 29 November 2022
Last soldAED 775K29 November 2022
Current rentAED 55K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Al Thamam 51

What is 203 worth today?

Last sold for AED 775,000 in 2022

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29 Nov 2022SoldReady
AED 775,000AED 517 per sqft
1 Jul 2020RentedNew contract
AED 55,000/yr12 months · AED 37 per sqft
3 May 2019RentedRenewal
AED 73,000/yr12 months · AED 49 per sqft
3 May 2018RentedRenewal
AED 82,000/yr12 months · AED 55 per sqft
3 May 2017RentedRenewal
AED 90,000/yr12 months · AED 60 per sqft
3 May 2016RentedRenewal
AED 90,000/yr12 months · AED 60 per sqft
3 May 2015RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
26 Dec 2013SoldReady
AED 1,292,413AED 862 per sqft

Source: Dubai Land Department. Updated 29 November 2022.

Key facts

Type
2-bed apartment
Size
1,498 sqft
Floor
2nd of 5
Parking
G-41
Developer
Remraam
Completed
2011
Service charge
AED 24,100 /yr
Last sold
AED 775K · November 2022
Building
Al Thamam 51

About 203, Al Thamam 51

203 is a two-bedroom apartment of 1,498 sqft on the 2nd floor of Al Thamam 51, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 29 November 2022 for AED 775,000, or AED 517 per sqft, in line with the AED 517 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 1 July 2020, is AED 55,000 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 24,100 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Al Thamam 51
750K1M1.25M2009201420192024Typical sale price by year: 2009 AED 933,000; 2013 AED 917,925; 2014 AED 911,845; 2016 AED 830,000; 2025 AED 915,000Sold by developer, April 2009: AED 1,136,421 (AED 758 per sqft)Sold, December 2013: AED 1,292,413 (AED 862 per sqft)Sold, November 2022: AED 775,000 (AED 517 per sqft)

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

Rents
Unit 203, each contractTypical two-bed in Al Thamam 51
60K80K2013201720212025Typical rent by year: 2013 AED 65,000; 2014 AED 76,000; 2015 AED 82,000; 2016 AED 83,000; 2017 AED 80,000; 2018 AED 74,857; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 52,000; 2022 AED 56,000; 2023 AED 73,000; 2024 AED 81,500; 2025 AED 86,500; 2026 AED 79,000New contract, May 2015: AED 90,000 a yearRenewal, May 2016: AED 90,000 a yearRenewal, May 2017: AED 90,000 a yearRenewal, May 2018: AED 82,000 a yearRenewal, May 2019: AED 73,000 a yearNew contract, July 2020: AED 55,000 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 51, and where 203 sits

All 16 2-beds →

203 last sold in November 2022 at AED 517 per sqft, in line with what two-beds in Al Thamam 51 were fetching at the time (AED 517). 203's AED 55,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20251,240,000
2 Feb 2025895,000
8 Jan 2025915,000
14 Sep 2023860,000
0 2-bed sales in the last 12 months

Al Thamam 51

Building

47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 3 sold in the last 12 months.

Typical price per sqft
AED 903
Typical sale
AED 685K
Typical rent
AED 53K /yr
Typical yield
7.9%
Al Thamam 51, Remraam: prices, sales and rents →

Other units on the 2nd floor

All 47 units in Al Thamam 51
Value
2011-bedAED 390K · Mar 2023
2022-bedAED 860K · Sep 2023
2042-bedAED 895K · Feb 2025
2052-bedAED 902K · Oct 2013
2062-bedAED 1.12M · Aug 2013
2072-bedAED 1.03M · Apr 2013
2081-bedAED 249K · Jun 2013
1–7 of 8

203, Al Thamam 51 in numbers

  • Sold 3 times: first on 21 April 2009 for AED 1,136,421, last on 29 November 2022 for AED 775,000 (AED 517 per sqft).
  • Rented since May 2015 on 6 Ejari contracts, from AED 90,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 7.1%, before a service charge of about AED 24,100 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 29 November 2022.

Questions about 203, Al Thamam 51

What did unit 203 last sell for?

AED 775,000 on 29 November 2022: AED 517 per sqft for 1,498 sqft. The unit has 3 registered sales; the first was AED 1,136,421 in April 2009.

What is the rent for unit 203?

AED 55,000 a year on the contract signed on 1 July 2020. The previous contract, from May 2019, was AED 73,000; the unit has been rented since May 2015.

How big is unit 203?

1,498 sqft (139.2 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2011.

What is unit 203 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 203, Al Thamam 51

Starts from the last sale price (AED 775K, 29 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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