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2-bed · 1,501 sqftAl Thamam 55, Remraam · 2nd floor · completed 2011

203, Al Thamam 55

Sold prices and rental history: sold 3 times, last in June 2014, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 August 2020
Last soldAED 1.3M26 June 2014
Current rentAED 57K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Al Thamam 55

What is 203 worth today?

Last sold for AED 1,300,000 in 2014

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1 Aug 2020RentedNew contract
AED 57,000/yr12 months · AED 38 per sqft
4 Jul 2019RentedNew contract
AED 72,000/yr12 months · AED 48 per sqft
4 Jun 2018RentedNew contract
AED 84,000/yr12 months · AED 56 per sqft
26 Jun 2014SoldReady
AED 1,300,000AED 866 per sqft
19 Aug 2013SoldReady
AED 1,049,616AED 699 per sqft
15 Jul 2009Sold by developerOff-plan
AED 1,049,616AED 699 per sqft

Source: Dubai Land Department. Updated 1 August 2020.

Key facts

Type
2-bed apartment
Size
1,501 sqft
Floor
2nd of 5
Parking
G-41
Developer
Remraam
Completed
2011
Service charge
AED 24,100 /yr
Last sold
AED 1.3M · June 2014
Building
Al Thamam 55

About 203, Al Thamam 55

203 is a two-bedroom apartment of 1,501 sqft on the 2nd floor of Al Thamam 55, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 26 June 2014 for AED 1,300,000, or AED 866 per sqft, 5% above the AED 827 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 August 2020, is AED 57,000 a year: a gross yield of 4.4% on the 2014 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 55
1M1.2M2009201120132015Typical sale price by year: 2009 AED 1,030,581; 2013 AED 938,623; 2014 AED 965,518Sold by developer, July 2009: AED 1,049,616 (AED 699 per sqft)Sold, August 2013: AED 1,049,616 (AED 699 per sqft)Sold, June 2014: AED 1,300,000 (AED 866 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 55
40K60K80K2014201820222026Typical rent by year: 2014 AED 78,000; 2015 AED 83,500; 2016 AED 82,000; 2017 AED 75,780; 2018 AED 75,000; 2019 AED 60,000; 2020 AED 52,000; 2021 AED 45,500; 2022 AED 52,000; 2023 AED 59,000; 2024 AED 67,500; 2025 AED 66,400; 2026 AED 75,503New contract, June 2018: AED 84,000 a yearNew contract, July 2019: AED 72,000 a yearNew contract, August 2020: AED 57,000 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 55, and where 203 sits

All 16 2-beds →

203 last sold in June 2014 at AED 866 per sqft, 5% above what two-beds in Al Thamam 55 were fetching at the time (AED 827). Over the last 12 months two-beds sold for AED 800,000, around AED 792 per sqft, and rent for AED 62,900 to 80,850 a year. 203's AED 57,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Jun 2026800,000
11 Aug 20251,180,000
16 Jul 2025920,000
16 May 2023630,000
1 2-bed sale in the last 12 months

Al Thamam 55

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 792
Typical sale
AED 645K
Typical rent
AED 52K /yr
Typical yield
8.7%
Al Thamam 55, Remraam: prices, sales and rents →

Other units on the 2nd floor

All 47 units in Al Thamam 55
Value
2011-bedAED 301K · Jun 2015
2022-bedAED 1.26M · Aug 2015
2042-bedAED 305K · Nov 2021
2052-bedAED 550K · Feb 2021
2062-bedAED 640K · Nov 2020
2072-bedAED 860K · Sep 2022
2081-bedAED 501K · Sep 2014
1–7 of 8

203, Al Thamam 55 in numbers

  • Sold 3 times: first on 15 July 2009 for AED 1,049,616, last on 26 June 2014 for AED 1,300,000 (AED 866 per sqft).
  • Rented since June 2018 on 3 Ejari contracts, from AED 84,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2014 price is 4.4%, before a service charge of about AED 24,100 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 55 sold for AED 800,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 792 per sqft.

Source: Dubai Land Department. Updated 1 August 2020.

Questions about 203, Al Thamam 55

What did unit 203 last sell for?

AED 1,300,000 on 26 June 2014: AED 866 per sqft for 1,501 sqft. The unit has 3 registered sales; the first was AED 1,049,616 in July 2009.

What is the rent for unit 203?

AED 57,000 a year on the contract signed on 1 August 2020. The previous contract, from July 2019, was AED 72,000; the unit has been rented since June 2018.

How big is unit 203?

1,501 sqft (139.4 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. Two-beds in Al Thamam 55 sold for AED 800,000 to 800,000 in the last 12 months, around AED 792 per sqft.

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Mortgage on 203, Al Thamam 55

Starts from the last sale price (AED 1.3M, 26 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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