3-bed · 1,497 sqftAl Thamam 53, Remraam · 1st floor · completed 2011

106, Al Thamam 53

Sold prices and rental history: sold 3 times, last in February 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 10 August 2023
Last soldAED 980K1 February 2023
Current rentAED 98K /yr10 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Al Thamam 53

What is 106 worth today?

Last sold for AED 980,000 in 2023

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10 Aug 2023RentedRenewal
AED 98,000/yr12 months · AED 65 per sqft
10 Feb 2023RentedNew contract
AED 84,000/yr6 months · AED 56 per sqft
1 Feb 2023SoldReady
AED 980,000AED 654 per sqft
10 Aug 2022RentedNew contract
AED 84,000/yr12 months · AED 56 per sqft
15 Sep 2020RentedNew contract
AED 74,000/yr12 months · AED 49 per sqft
15 Sep 2019RentedRenewal
AED 85,000/yr12 months · AED 57 per sqft
15 Sep 2018RentedRenewal
AED 85,000/yr12 months · AED 57 per sqft
15 Sep 2017RentedNew contract
AED 112,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 10 August 2023.

Key facts

Type
3-bed apartment
Size
1,497 sqft
Floor
1st of 6
Parking
G-16,G-17
Developer
Remraam
Completed
2011
Service charge
AED 24,100 /yr
Last sold
AED 980K · February 2023
Building
Al Thamam 53

About 106, Al Thamam 53

106 is a three-bedroom apartment of 1,497 sqft on the 1st floor of Al Thamam 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 1 February 2023 for AED 980,000, or AED 654 per sqft, 50% above the AED 436 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 10 August 2023, is AED 98,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 24,100 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical three-bed in Al Thamam 53
1M1.2M1.4M2009201320172021Typical sale price by year: 2009 AED 1,370,043; 2013 AED 1,216,902; 2014 AED 1,415,780Sold by developer, April 2009: AED 1,370,043 (AED 915 per sqft)Sold, June 2013: AED 1,164,275 (AED 777 per sqft)Sold, February 2023: AED 980,000 (AED 654 per sqft)

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

Rents
Unit 106, each contractTypical three-bed in Al Thamam 53
100K2013201720212025Typical rent by year: 2013 AED 90,000; 2014 AED 130,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 111,153; 2019 AED 85,000; 2020 AED 76,500; 2021 AED 78,000; 2022 AED 84,000; 2023 AED 95,000; 2025 AED 109,000; 2026 AED 115,000New contract, August 2013: AED 90,000 a yearRenewal, August 2014: AED 105,000 a yearRenewal, August 2015: AED 105,000 a yearRenewal, August 2016: AED 110,000 a yearNew contract, September 2017: AED 112,000 a yearRenewal, September 2018: AED 85,000 a yearRenewal, September 2019: AED 85,000 a yearNew contract, September 2020: AED 74,000 a yearNew contract, August 2022: AED 84,000 a yearNew contract, February 2023: AED 84,000 a yearRenewal, August 2023: AED 98,000 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 53, and where 106 sits

All 6 3-beds →

106 last sold in February 2023 at AED 654 per sqft, 50% above what three-beds in Al Thamam 53 were fetching at the time (AED 436). Over the last 12 months three-beds sold for AED 1,560,000, around AED 667 per sqft, and rent for AED 110,000 to 135,000 a year. 106's AED 98,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
20 Jul 20261,560,000
22 Jan 20241,135,000
23 Nov 20221,020,000
12 Apr 2022800,000
1 3-bed sale in the last 12 months

Al Thamam 53

Building

56 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 7 sold in the last 12 months.

Typical price per sqft
AED 952
Typical sale
AED 740K
Typical rent
AED 57K /yr
Typical yield
7.7%
Al Thamam 53, Remraam: prices, sales and rents →

Other units on the 1st floor

All 56 units in Al Thamam 53
Value
1011-bedAED 511K · Jan 2023
1023-bedAED 1.56M · Jul 2026
1033-bedAED 860K · Jun 2019
1042-bedAED 640K · Apr 2025
1052-bedAED 823K · Sep 2025
1073-bedAED 1.02M · Nov 2022
1081-bedAED 430K · Feb 2020

106, Al Thamam 53 in numbers

  • Sold 3 times: first on 26 April 2009 for AED 1,370,043, last on 1 February 2023 for AED 980,000 (AED 654 per sqft).
  • Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 74,000 in 2020 and recovered to AED 98,000 by August 2023.
  • At AED 98,000 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 24,100 a year (AED 16.07 per sqft).
  • Three-beds in Al Thamam 53 sold for AED 1,560,000–1,560,000 in the 12 months to November 2026; the building's median across all types is AED 952 per sqft.

Source: Dubai Land Department. Updated 10 August 2023.

Questions about 106, Al Thamam 53

What did unit 106 last sell for?

AED 980,000 on 1 February 2023: AED 654 per sqft for 1,497 sqft. The unit has 3 registered sales; the first was AED 1,370,043 in April 2009.

What is the rent for unit 106?

AED 98,000 a year on the contract renewed on 10 August 2023. The previous contract, from February 2023, was AED 84,000; the unit has been rented since August 2013.

How big is unit 106?

1,497 sqft (139.1 sqm): a three-bedroom apartment on the 1st floor of a 6-storey tower completed in 2011.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Thamam 53 sold for AED 1,560,000 to 1,560,000 in the last 12 months, around AED 667 per sqft.

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Mortgage on 106, Al Thamam 53

Starts from the last sale price (AED 980K, 1 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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