107, Al Thamam 59
Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 107, Al Thamam 59
What is 107 worth today?
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Source: Dubai Land Department. Updated 27 May 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,337 sqft
- Floor
- 1st of 5
- Parking
- G-20,G-21
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 37,500 /yr
- Last sold
- AED 1.3M · May 2024
- Building
- Al Thamam 59
About 107, Al Thamam 59
107 is a three-bedroom apartment of 2,337 sqft on the 1st floor of Al Thamam 59, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 27 May 2024 for AED 1,300,000, or AED 556 per sqft.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 92,401 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 37,500 a year.
Sales and rents for 107 over time
107 has sold twice; the dashed line is the three-bed median of each year in the building.
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 107 sits
All 6 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Nov 201924 November 2019 | 2,210 sqft | 900,000 | 407 | ||
| 2 Apr 20192 April 2019 | 2,439 sqft | 1,000,000 | 409 | ||
| 4 Jun 20144 June 2014 | 1,496 sqft | 792,500 | 529 | ||
| 10 Mar 201410 March 2014 | 2,210 sqft | 1,209,939 | 547 |
Al Thamam 59
Building48 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%
Other units on the 1st floor
All 48 units in Al Thamam 59| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 1,205 sqft | AED 470KAED 470,000 · Jun 2023June 2023 | 9,500 /yr | |
| 102 | 3-bed | 2,439 sqft | AED 1MAED 1,000,000 · Apr 2019April 2019 | 110,317 /yr | |
| 103 | 3-bed | 1,496 sqft | AED 793KAED 792,500 · Jun 2014June 2014 | 127,500 /yr | |
| 104 | 2-bed | 1,008 sqft | AED 914KAED 914,347 · Jan 2013January 2013 | 63,800 /yr | |
| 105 | 2-bed | 1,008 sqft | AED 914KAED 914,347 · Feb 2013February 2013 | 85,000 /yr | |
| 106 | 3-bed | 1,496 sqft | AED 582KAED 581,881 · Jan 2014January 2014 | 85,662 /yr | |
| 108 | 1-bed | 1,182 sqft | AED 328KAED 328,192 · Sep 2015September 2015 | 36,000 /yr |
107, Al Thamam 59 in numbers
- Sold twice: first on 3 February 2016 for AED 634,566, last on 27 May 2024 for AED 1,300,000 (AED 556 per sqft).
- Rented since October 2017 on 8 Ejari contracts. The rent fell from AED 115,000 to AED 80,000 in 2022 and recovered to AED 92,401 by May 2024.
- At AED 92,401 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 37,500 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 27 May 2024.
Questions about 107, Al Thamam 59
What did unit 107 last sell for?
AED 1,300,000 on 27 May 2024: AED 556 per sqft for 2,337 sqft. The unit has 2 registered sales; the first was AED 634,566 in February 2016.
What is the rent for unit 107?
AED 92,401 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 84,000; the unit has been rented since October 2017.
How big is unit 107?
2,337 sqft (217.1 sqm): a three-bedroom apartment on the 1st floor of a 5-storey tower completed in 2011.
What is unit 107 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 107, Al Thamam 59
Starts from the last sale price (AED 1.3M, 27 May 2024). 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 →