3-bed · 2,210 sqftAl Thamam 53, Remraam · Ground floor · completed 2011

G01, Al Thamam 53

Sold prices and rental history: sold twice, last in October 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G01 · DLD and Ejari recordsUpdated 7 October 2021
Last soldAED 970K7 October 2021
Current rentAED 82K /yr1 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G01, Al Thamam 53

What is G01 worth today?

Last sold for AED 970,000 in 2021

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7 Oct 2021SoldReady
AED 970,000AED 439 per sqft
1 Apr 2021RentedRenewal
AED 82,000/yr12 months · AED 37 per sqft
1 Apr 2020RentedRenewal
AED 82,000/yr12 months · AED 37 per sqft
1 Apr 2019RentedRenewal
AED 95,000/yr12 months · AED 43 per sqft
25 Mar 2017RentedNew contract
AED 105,000/yr12 months · AED 48 per sqft
20 Feb 2016RentedNew contract
AED 120,000/yr12 months · AED 54 per sqft
1 Aug 2014RentedNew contract
AED 140,000/yr12 months · AED 63 per sqft
4 Feb 2014Sold by developerReady
AED 1,415,780AED 640 per sqft

Source: Dubai Land Department. Updated 7 October 2021.

Key facts

Type
3-bed apartment
Size
2,210 sqft
Floor
Ground of 6
Parking
G-4,G-5
Developer
Remraam
Completed
2011
Service charge
AED 35,500 /yr
Last sold
AED 970K · October 2021
Building
Al Thamam 53

About G01, Al Thamam 53

G01 is a three-bedroom apartment of 2,210 sqft on the ground floor of Al Thamam 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 7 October 2021 for AED 970,000, or AED 439 per sqft.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 April 2021, is AED 82,000 a year: a gross yield of 8.5% on the 2021 price, before the service charge of about AED 35,500 a year.

Sales and rents for G01 over time

Sales
Unit G01, each saleTypical three-bed in Al Thamam 53
1M1.25M2009201320172021Typical sale price by year: 2009 AED 1,370,043; 2013 AED 1,216,902; 2014 AED 1,415,780Sold by developer, February 2014: AED 1,415,780 (AED 640 per sqft)Sold, October 2021: AED 970,000 (AED 439 per sqft)

G01 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit G01, each contractTypical three-bed in Al Thamam 53
100K150K2013201720212025Typical 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 2014: AED 140,000 a yearNew contract, February 2016: AED 120,000 a yearNew contract, March 2017: AED 105,000 a yearRenewal, April 2019: AED 95,000 a yearRenewal, April 2020: AED 82,000 a yearRenewal, April 2021: AED 82,000 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 G01 sits

All 6 3-beds →

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. G01's AED 82,000 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
1 Feb 2023980,000
23 Nov 20221,020,000
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 ground floor

All 56 units in Al Thamam 53
Value
G022-bedAED 1.04M · Aug 2024
G032-bedAED 1.2M · Jul 2024
G043-bedAED 1.14M · Jan 2024

G01, Al Thamam 53 in numbers

  • Sold twice: first on 4 February 2014 for AED 1,415,780, last on 7 October 2021 for AED 970,000 (AED 439 per sqft).
  • Rented since August 2014 on 6 Ejari contracts, from AED 140,000 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2021 price is 8.5%, before a service charge of about AED 35,500 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 7 October 2021.

Questions about G01, Al Thamam 53

What did unit G01 last sell for?

AED 970,000 on 7 October 2021: AED 439 per sqft for 2,210 sqft. The unit has 2 registered sales; the first was AED 1,415,780 in February 2014.

What is the rent for unit G01?

AED 82,000 a year on the contract renewed on 1 April 2021. The previous contract, from April 2020, was AED 82,000; the unit has been rented since August 2014.

How big is unit G01?

2,210 sqft (205.3 sqm): a three-bedroom apartment on the ground floor of a 6-storey tower completed in 2011.

What is unit G01 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 G01, Al Thamam 53

Starts from the last sale price (AED 970K, 7 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

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