1,599 sqftAl Thamam 02, Remraam · Ground floor · completed 2011

G02, Al Thamam 02

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 5 May 2024
Last soldAED 1.05M27 March 2024
Current rentAED 85K /yr5 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, Al Thamam 02

What is G02 worth today?

Last sold for AED 1,050,000 in 2024

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5 May 2024RentedRenewal
AED 85,000/yr12 months · AED 53 per sqft
27 Mar 2024SoldReady
AED 1,050,000AED 656 per sqft
5 May 2023RentedNew contract
AED 80,000/yr12 months · AED 50 per sqft
10 Aug 2019RentedNew contract
AED 65,000/yr12 months · AED 41 per sqft
16 Jun 2018RentedRenewal
AED 85,000/yr12 months · AED 53 per sqft
16 Jun 2017RentedNew contract
AED 90,000/yr12 months · AED 56 per sqft
1 Jan 2017RentedNew contract
AED 92,000/yr12 months · AED 57 per sqft
10 Oct 2016RentedNew contract
AED 79,786/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 5 May 2024.

Key facts

Type
Apartment
Size
1,599 sqft
Floor
Ground of 5
Parking
TA02-G-37
Developer
Remraam
Completed
2011
Service charge
AED 25,700 /yr
Last sold
AED 1.05M · March 2024
Building
Al Thamam 02

About G02, Al Thamam 02

G02 is an apartment of 1,599 sqft on the ground floor of Al Thamam 02, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 27 March 2024 for AED 1,050,000, or AED 656 per sqft.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 5 May 2024, is AED 85,000 a year: a gross yield of 8.1% on the 2024 price, before the service charge of about AED 25,700 a year.

Al Thamam 02

Building

47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 55K /yr
Typical yield
Al Thamam 02, Remraam: prices, sales and rents →

Other units on the ground floor

All 47 units in Al Thamam 02
Value
G013-bedAED 1.65M · Jul 2013
G032-bedAED 1M · May 2025
G043-bedAED 1.25M · Dec 2017

G02, Al Thamam 02 in numbers

  • Sold twice: first on 23 July 2015 for AED 1,153,819, last on 27 March 2024 for AED 1,050,000 (AED 656 per sqft).
  • Rented since July 2014 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 65,000 in 2019 and recovered to AED 85,000 by May 2024.
  • At AED 85,000 a year the gross yield on the 2024 price is 8.1%, before a service charge of about AED 25,700 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 5 May 2024.

Questions about G02, Al Thamam 02

What did unit G02 last sell for?

AED 1,050,000 on 27 March 2024: AED 656 per sqft for 1,599 sqft. The unit has 2 registered sales; the first was AED 1,153,819 in July 2015.

What is the rent for unit G02?

AED 85,000 a year on the contract renewed on 5 May 2024. The previous contract, from May 2023, was AED 80,000; the unit has been rented since July 2014.

How big is unit G02?

1,599 sqft (148.6 sqm): an apartment on the ground floor of a 5-storey tower completed in 2011.

What is unit G02 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 G02, Al Thamam 02

Starts from the last sale price (AED 1.05M, 27 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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