3-bed · 1,496 sqftAl Thamam 59, Remraam · 1st floor · completed 2011

106, Al Thamam 59

Sold prices and rental history: sold twice, last in January 2014, 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 29 July 2020
Last soldAED 582K28 January 2014
Current rentAED 86K /yr29 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Al Thamam 59

What is 106 worth today?

Last sold for AED 581,881 in 2014

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29 Jul 2020RentedNew contract
AED 85,662/yr4 months · AED 57 per sqft
1 Dec 2019RentedNew contract
AED 85,000/yr12 months · AED 57 per sqft
1 Dec 2018RentedNew contract
AED 85,000/yr12 months · AED 57 per sqft
1 Oct 2017RentedNew contract
AED 95,000/yr12 months · AED 63 per sqft
20 Sep 2016RentedRenewal
AED 94,500/yr12 months · AED 63 per sqft
20 Sep 2015RentedNew contract
AED 94,500/yr12 months · AED 63 per sqft
28 Jan 2014SoldReady
AED 581,881AED 388 per sqft
20 Sep 2013RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 29 July 2020.

Key facts

Type
3-bed apartment
Size
1,496 sqft
Floor
1st of 5
Parking
G-22, G-23
Developer
Remraam
Completed
2011
Service charge
AED 24,000 /yr
Last sold
AED 582K · January 2014
Building
Al Thamam 59

About 106, Al Thamam 59

106 is a three-bedroom apartment of 1,496 sqft on the 1st floor of Al Thamam 59, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 28 January 2014 for AED 581,881, or AED 388 per sqft, 25% below the AED 519 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 29 July 2020, is AED 85,662 a year: a gross yield of 14.7% on the 2014 price, before the service charge of about AED 24,000 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical three-bed in Al Thamam 59
500K1M2009201120132015Typical sale price by year: 2009 AED 1,285,956; 2013 AED 1,200,000; 2014 AED 792,500Sold by developer, June 2009: AED 685,022 (AED 457 per sqft)Sold, January 2014: AED 581,881 (AED 388 per sqft)

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

Rents
Unit 106, each contractTypical three-bed in Al Thamam 59
75K100K125K2013201720212025Typical 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, September 2013: AED 90,000 a yearNew contract, September 2015: AED 94,500 a yearRenewal, September 2016: AED 94,500 a yearNew contract, October 2017: AED 95,000 a yearNew contract, December 2018: AED 85,000 a yearNew contract, December 2019: AED 85,000 a yearNew contract, July 2020: AED 85,662 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 106 sits

All 6 3-beds →

106 last sold in January 2014 at AED 388 per sqft, 25% below what three-beds in Al Thamam 59 were fetching at the time (AED 519).

Recent 3-bed salesUnit no.Price (AED)Summary
27 May 20241,300,000
24 Nov 2019900,000
2 Apr 20191,000,000
3 Feb 2016634,566
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
1023-bedAED 1M · Apr 2019
1033-bedAED 793K · Jun 2014
1042-bedAED 914K · Jan 2013
1052-bedAED 914K · Feb 2013
1073-bedAED 1.3M · May 2024
1081-bedAED 328K · Sep 2015

106, Al Thamam 59 in numbers

  • Sold twice: first on 15 June 2009 for AED 685,022, last on 28 January 2014 for AED 581,881 (AED 388 per sqft).
  • Rented since September 2013 on 7 Ejari contracts, from AED 90,000 to AED 85,662 a year.
  • At AED 85,662 a year the gross yield on the 2014 price is 14.7%, before a service charge of about AED 24,000 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 29 July 2020.

Questions about 106, Al Thamam 59

What did unit 106 last sell for?

AED 581,881 on 28 January 2014: AED 388 per sqft for 1,496 sqft. The unit has 2 registered sales; the first was AED 685,022 in June 2009.

What is the rent for unit 106?

AED 85,662 a year on the contract signed on 29 July 2020. The previous contract, from December 2019, was AED 85,000; the unit has been rented since September 2013.

How big is unit 106?

1,496 sqft (139.0 sqm): a three-bedroom apartment on the 1st floor of a 5-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.

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Mortgage on 106, Al Thamam 59

Starts from the last sale price (AED 582K, 28 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 581,881
Deposit, UAE resident (20%)
AED 116,376
Deposit, non-resident (40%)
AED 232,752
Monthly over 25 years at 3.7%
AED 2,381

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