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

206, Al Thamam 55

Sold prices and rental history: sold 5 times, last in November 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 30 November 2020
Last soldAED 640K30 November 2020
Current rentAED 66K /yr5 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Al Thamam 55

What is 206 worth today?

Last sold for AED 640,000 in 2020

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30 Nov 2020SoldReady
AED 640,000AED 426 per sqft
5 Apr 2020RentedRenewal
AED 66,000/yr12 months · AED 44 per sqft
5 Apr 2019RentedNew contract
AED 70,000/yr12 months · AED 47 per sqft
19 Apr 2015SoldReady
AED 1,000,000AED 666 per sqft
6 Mar 2015RentedNew contract
AED 92,000/yr12 months · AED 61 per sqft
10 Feb 2014RentedNew contract
AED 80,000/yr12 months · AED 53 per sqft
28 Jan 2014SoldReady
AED 979,035AED 652 per sqft
20 Nov 2013SoldReady
AED 979,035AED 652 per sqft

Source: Dubai Land Department. Updated 30 November 2020.

Key facts

Type
2-bed apartment
Size
1,501 sqft
Floor
2nd of 5
Parking
G-44
Developer
Remraam
Completed
2011
Service charge
AED 24,100 /yr
Last sold
AED 640K · November 2020
Building
Al Thamam 55

About 206, Al Thamam 55

206 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 30 November 2020 for AED 640,000, or AED 426 per sqft.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 5 April 2020, is AED 66,000 a year: a gross yield of 10.3% on the 2020 price, before the service charge of about AED 24,100 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical two-bed in Al Thamam 55
750K1M2009201320172021Typical sale price by year: 2009 AED 1,030,581; 2013 AED 938,623; 2014 AED 965,518Sold by developer, March 2009: AED 1,085,181 (AED 722 per sqft)Sold, November 2013: AED 979,035 (AED 652 per sqft)Sold, January 2014: AED 979,035 (AED 652 per sqft)Sold, April 2015: AED 1,000,000 (AED 666 per sqft)Sold, November 2020: AED 640,000 (AED 426 per sqft)

206 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 206, each contractTypical two-bed in Al Thamam 55
50K75K100K2014201820222026Typical 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, February 2014: AED 80,000 a yearNew contract, March 2015: AED 92,000 a yearNew contract, April 2019: AED 70,000 a yearRenewal, April 2020: AED 66,000 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 206 sits

All 16 2-beds →

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. 206's AED 66,000 is in the lower half 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
2032-bedAED 1.3M · Jun 2014
2042-bedAED 305K · Nov 2021
2052-bedAED 550K · Feb 2021
2072-bedAED 860K · Sep 2022
2081-bedAED 501K · Sep 2014
1–7 of 8

206, Al Thamam 55 in numbers

  • Sold 5 times: first on 31 March 2009 for AED 1,085,181, last on 30 November 2020 for AED 640,000 (AED 426 per sqft).
  • Rented since February 2014 on 4 Ejari contracts, from AED 80,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2020 price is 10.3%, 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 30 November 2020.

Questions about 206, Al Thamam 55

What did unit 206 last sell for?

AED 640,000 on 30 November 2020: AED 426 per sqft for 1,501 sqft. The unit has 5 registered sales; the first was AED 1,085,181 in March 2009.

What is the rent for unit 206?

AED 66,000 a year on the contract renewed on 5 April 2020. The previous contract, from April 2019, was AED 70,000; the unit has been rented since February 2014.

How big is unit 206?

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 206 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 206, Al Thamam 55

Starts from the last sale price (AED 640K, 30 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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