3-bed · 2,439 sqftAl Thamam 59, Remraam · 1st floor · completed 2011

102, Al Thamam 59

Sold prices and rental history: sold 3 times, last in April 2019, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 2 April 2019
Last soldAED 1M2 April 2019
Current rentAED 110K /yr1 March 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Al Thamam 59

What is 102 worth today?

Last sold for AED 1,000,000 in 2019

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2 Apr 2019SoldReady
AED 1,000,000AED 409 per sqft
1 Mar 2015RentedNew contract
AED 110,317/yr12 months · AED 45 per sqft
1 Mar 2014RentedNew contract
AED 107,000/yr12 months · AED 44 per sqft
20 May 2013SoldReady
AED 1,200,000AED 491 per sqft
24 Dec 2012Sold by developerReady
AED 2,364,120AED 969 per sqft

Source: Dubai Land Department. Updated 2 April 2019.

Key facts

Type
3-bed apartment
Size
2,439 sqft
Floor
1st of 5
Parking
G-29,G-30
Developer
Remraam
Completed
2011
Service charge
AED 39,200 /yr
Last sold
AED 1M · April 2019
Building
Al Thamam 59

About 102, Al Thamam 59

102 is a three-bedroom apartment of 2,439 sqft on the 1st floor of Al Thamam 59, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 2 April 2019 for AED 1,000,000, or AED 409 per sqft.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 1 March 2015, is AED 110,317 a year: a gross yield of 11.0% on the 2019 price, before the service charge of about AED 39,200 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical three-bed in Al Thamam 59
1M2M2009201220152018Typical sale price by year: 2009 AED 1,285,956; 2013 AED 1,200,000; 2014 AED 792,500Sold by developer, December 2012: AED 2,364,120 (AED 969 per sqft)Sold, May 2013: AED 1,200,000 (AED 491 per sqft)Sold, April 2019: AED 1,000,000 (AED 409 per sqft)

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

Rents
Unit 102, each contractTypical three-bed in Al Thamam 59
75K100K125K20142017202020232026Typical rent by year: 2015 AED 112,659; 2016 AED 130,000; 2017 AED 115,000; 2018 AED 100,000; 2019 AED 85,000; 2020 AED 82,831; 2021 AED 80,000; 2022 AED 80,000; 2023 AED 84,000; 2025 AED 130,000New contract, March 2014: AED 107,000 a yearNew contract, March 2015: AED 110,317 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 59, and where 102 sits

All 6 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
27 May 20241,300,000
24 Nov 2019900,000
3 Feb 2016634,566
4 Jun 2014792,500
0 3-bed sales in the last 12 months

Al Thamam 59

Building

48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 880
Typical sale
AED 1.01M
Typical rent
AED 49K /yr
Typical yield
8.8%
Al Thamam 59, Remraam: prices, sales and rents →

Other units on the 1st floor

All 48 units in Al Thamam 59
Value
1011-bedAED 470K · Jun 2023
1033-bedAED 793K · Jun 2014
1042-bedAED 914K · Jan 2013
1052-bedAED 914K · Feb 2013
1063-bedAED 582K · Jan 2014
1073-bedAED 1.3M · May 2024
1081-bedAED 328K · Sep 2015

102, Al Thamam 59 in numbers

  • Sold 3 times: first on 24 December 2012 for AED 2,364,120, last on 2 April 2019 for AED 1,000,000 (AED 409 per sqft).
  • Rented since March 2014 on 2 Ejari contracts, from AED 107,000 to AED 110,317 a year.
  • At AED 110,317 a year the gross yield on the 2019 price is 11.0%, before a service charge of about AED 39,200 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 2 April 2019.

Questions about 102, Al Thamam 59

What did unit 102 last sell for?

AED 1,000,000 on 2 April 2019: AED 409 per sqft for 2,439 sqft. The unit has 3 registered sales; the first was AED 2,364,120 in December 2012.

What is the rent for unit 102?

AED 110,317 a year on the contract signed on 1 March 2015. The previous contract, from March 2014, was AED 107,000.

How big is unit 102?

2,439 sqft (226.6 sqm): a three-bedroom apartment on the 1st floor of a 5-storey tower completed in 2011.

What is unit 102 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 102, Al Thamam 59

Starts from the last sale price (AED 1M, 2 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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