3-bed · 2,210 sqftAl Thamam 59, Remraam · Ground floor · completed 2011

G01, Al Thamam 59

Sold prices and rental history: sold 3 times, last in November 2019, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G01 · DLD and Ejari recordsUpdated 24 November 2019
Last soldAED 900K24 November 2019
Current rentAED 100K /yr26 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G01, Al Thamam 59

What is G01 worth today?

Last sold for AED 900,000 in 2019

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24 Nov 2019SoldReady
AED 900,000AED 407 per sqft
26 Oct 2018RentedRenewal
AED 100,000/yr12 months · AED 45 per sqft
26 Oct 2017RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
26 Oct 2016RentedNew contract
AED 130,000/yr12 months · AED 59 per sqft
10 Mar 2014SoldReady
AED 1,209,939AED 547 per sqft
18 Mar 2010Sold by developerOff-plan
AED 687,390AED 311 per sqft

Source: Dubai Land Department. Updated 24 November 2019.

Key facts

Type
3-bed apartment
Size
2,210 sqft
Floor
Ground of 5
Parking
G-34, G-35
Developer
Remraam
Completed
2011
Service charge
AED 35,500 /yr
Last sold
AED 900K · November 2019
Building
Al Thamam 59

About G01, Al Thamam 59

G01 is a three-bedroom apartment of 2,210 sqft on the ground floor of Al Thamam 59, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 24 November 2019 for AED 900,000, or AED 407 per sqft.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 26 October 2018, is AED 100,000 a year: a gross yield of 11.1% on the 2019 price, before the service charge of about AED 35,500 a year.

Sales and rents for G01 over time

Sales
Unit G01, each saleTypical three-bed in Al Thamam 59
1M2009201220152018Typical sale price by year: 2009 AED 1,285,956; 2013 AED 1,200,000; 2014 AED 792,500Sold by developer, March 2010: AED 687,390 (AED 311 per sqft)Sold, March 2014: AED 1,209,939 (AED 547 per sqft)Sold, November 2019: AED 900,000 (AED 407 per sqft)

G01 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit G01, each contractTypical three-bed in Al Thamam 59
75K100K125K2015201820212024Typical 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, October 2016: AED 130,000 a yearRenewal, October 2017: AED 130,000 a yearRenewal, October 2018: AED 100,000 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 G01 sits

All 6 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
27 May 20241,300,000
2 Apr 20191,000,000
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 ground floor

All 48 units in Al Thamam 59
Value
G022-bedAED 1.12M · May 2017
G032-bedAED 1.31M · Nov 2025
G043-bedAED 1.21M · Dec 2013

G01, Al Thamam 59 in numbers

  • Sold 3 times: first on 18 March 2010 for AED 687,390, last on 24 November 2019 for AED 900,000 (AED 407 per sqft).
  • Rented since October 2016 on 3 Ejari contracts, from AED 130,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2019 price is 11.1%, before a service charge of about AED 35,500 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 24 November 2019.

Questions about G01, Al Thamam 59

What did unit G01 last sell for?

AED 900,000 on 24 November 2019: AED 407 per sqft for 2,210 sqft. The unit has 3 registered sales; the first was AED 687,390 in March 2010.

What is the rent for unit G01?

AED 100,000 a year on the contract renewed on 26 October 2018. The previous contract, from October 2017, was AED 130,000; the unit has been rented since October 2016.

How big is unit G01?

2,210 sqft (205.3 sqm): a three-bedroom apartment on the ground floor of a 5-storey tower completed in 2011.

What is unit G01 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 G01, Al Thamam 59

Starts from the last sale price (AED 900K, 24 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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