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2-bed · 1,501 sqftAl Thamam 05, Remraam · 2nd floor · completed 2011

203, Al Thamam 05

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 July 2023
Last soldAED 1.13M2 October 2013
Current rentAED 48K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Al Thamam 05

What is 203 worth today?

Last sold for AED 1,126,383 in 2013

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1 Jul 2023RentedRenewal
AED 48,000/yr12 months · AED 32 per sqft
1 Jul 2022RentedRenewal
AED 48,000/yr12 months · AED 32 per sqft
1 Jul 2020RentedRenewal
AED 48,000/yr12 months · AED 32 per sqft
1 Jul 2018RentedNew contract
AED 55,200/yr12 months · AED 37 per sqft
16 Mar 2017RentedNew contract
AED 75,000/yr12 months · AED 50 per sqft
1 Jan 2016RentedNew contract
AED 30,000/yr12 months · AED 20 per sqft
2 Oct 2013Sold by developerReady
AED 1,126,383AED 750 per sqft

Source: Dubai Land Department. Updated 1 July 2023.

Key facts

Type
2-bed apartment
Size
1,501 sqft
Floor
2nd of 5
Parking
G-106
Developer
Remraam
Completed
2011
Service charge
AED 24,100 /yr
Last sold
AED 1.13M · October 2013
Building
Al Thamam 05

About 203, Al Thamam 05

203 is a two-bedroom apartment of 1,501 sqft on the 2nd floor of Al Thamam 05, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 2 October 2013 for AED 1,126,383, or AED 750 per sqft, 15% below the AED 884 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 48,000 a year: a gross yield of 4.3% on the 2013 price, before the service charge of about AED 24,100 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Al Thamam 05
1M2009201420192024Typical sale price by year: 2009 AED 908,247; 2013 AED 895,255; 2014 AED 973,132; 2015 AED 920,000; 2025 AED 1,050,000Sold by developer, October 2013: AED 1,126,383 (AED 750 per sqft)

203 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 203, each contractTypical two-bed in Al Thamam 05
25K50K75K20132016201920222025Typical rent by year: 2013 AED 67,000; 2014 AED 75,000; 2015 AED 83,858; 2016 AED 75,000; 2017 AED 75,000; 2018 AED 68,000; 2019 AED 62,000; 2020 AED 53,500; 2021 AED 48,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 71,000New contract, January 2016: AED 30,000 a yearNew contract, March 2017: AED 75,000 a yearNew contract, July 2018: AED 55,200 a yearRenewal, July 2020: AED 48,000 a yearRenewal, July 2022: AED 48,000 a yearRenewal, July 2023: AED 48,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Al Thamam 05, and where 203 sits

All 15 2-beds →

203 last sold in October 2013 at AED 750 per sqft, 15% below what two-beds in Al Thamam 05 were fetching at the time (AED 884). Over the last 12 months two-beds sold for AED 1,100,000, around AED 988 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Feb 20261,100,000
1 Jul 20251,200,000
10 Apr 20251,180,000
20 Mar 20251,050,000
1 2-bed sale in the last 12 months

Al Thamam 05

Building

47 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 879
Typical sale
AED 1.45M
Typical rent
AED 61K /yr
Typical yield
8.1%
Al Thamam 05, Remraam: prices, sales and rents →

Other units on the 2nd floor

All 47 units in Al Thamam 05
Value
2011-bedAED 450K · Feb 2019
2022-bedAED 1.09M · Jun 2024
2042-bedAED 889K · Oct 2013
2052-bedAED 889K · Jan 2025
2062-bedAED 1.2M · Jul 2025
2072-bedAED 1.05M · Mar 2025
2081-bedAED 600K · Jun 2017
1–7 of 8

203, Al Thamam 05 in numbers

  • Sold once: by Remraam on 2 October 2013 for AED 1,126,383, or AED 750 per sqft.
  • Rented since January 2016 on 6 Ejari contracts, from AED 30,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2013 price is 4.3%, before a service charge of about AED 24,100 a year (AED 16.07 per sqft).
  • Two-beds in Al Thamam 05 sold for AED 1,100,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 879 per sqft.

Source: Dubai Land Department. Updated 1 July 2023.

Questions about 203, Al Thamam 05

What did unit 203 last sell for?

AED 1,126,383 on 2 October 2013, sold by the developer: AED 750 per sqft for 1,501 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 48,000 a year on the contract renewed on 1 July 2023. The previous contract, from July 2022, was AED 48,000; the unit has been rented since January 2016.

How big is unit 203?

1,501 sqft (139.4 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2011.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Thamam 05 sold for AED 1,100,000 to 1,100,000 in the last 12 months, around AED 988 per sqft.

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Mortgage on 203, Al Thamam 05

Starts from the last sale price (AED 1.13M, 2 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,126,383
Deposit, UAE resident (20%)
AED 225,277
Deposit, non-resident (40%)
AED 450,553
Monthly over 25 years at 3.7%
AED 4,608

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