1-bed · 787 sqftAl Thamam 14, Remraam · 6th floor · completed 2011

602, Al Thamam 14

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 16 November 2023
Last soldAED 727K20 May 2009
Current rentAED 40K /yr16 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Al Thamam 14

What is 602 worth today?

Last sold for AED 726,705 in 2009

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16 Nov 2023RentedRenewal
AED 40,313/yr12 months · AED 51 per sqft
16 Nov 2022RentedRenewal
AED 36,550/yr12 months · AED 46 per sqft
16 Nov 2021RentedRenewal
AED 34,000/yr12 months · AED 43 per sqft
16 Nov 2020RentedNew contract
AED 34,000/yr12 months · AED 43 per sqft
11 Sep 2019RentedNew contract
AED 42,000/yr12 months · AED 53 per sqft
1 Jul 2018RentedRenewal
AED 63,000/yr12 months · AED 80 per sqft
1 Jul 2017RentedNew contract
AED 63,000/yr12 months · AED 80 per sqft
20 May 2009Sold by developerOff-plan
AED 726,705AED 923 per sqft

Source: Dubai Land Department. Updated 16 November 2023.

Key facts

Type
1-bed apartment
Size
787 sqft
Floor
6th of 6
Parking
G-50
Developer
Remraam
Completed
2011
Service charge
AED 12,600 /yr
Last sold
AED 727K · May 2009
Building
Al Thamam 14

About 602, Al Thamam 14

602 is a one-bedroom apartment of 787 sqft on the 6th floor of Al Thamam 14, a 6-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 20 May 2009 for AED 726,705, or AED 923 per sqft, in line with the AED 914 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 16 November 2023, is AED 40,313 a year: a gross yield of 5.5% on the 2009 price, before the service charge of about AED 12,600 a year.

Sales and rents for 602 over time

Rents
Unit 602, each contractTypical one-bed in Al Thamam 14
40K60K2017202020232026Typical rent by year: 2017 AED 59,000; 2018 AED 50,000; 2019 AED 46,000; 2020 AED 38,000; 2021 AED 34,000; 2022 AED 36,000; 2023 AED 40,038; 2024 AED 43,569; 2025 AED 44,872New contract, July 2017: AED 63,000 a yearRenewal, July 2018: AED 63,000 a yearNew contract, September 2019: AED 42,000 a yearNew contract, November 2020: AED 34,000 a yearRenewal, November 2021: AED 34,000 a yearRenewal, November 2022: AED 36,550 a yearRenewal, November 2023: AED 40,313 a year

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

1-beds in Al Thamam 14, and where 602 sits

All 26 1-beds →

602 last sold in May 2009 at AED 923 per sqft, in line with what one-beds in Al Thamam 14 were fetching at the time (AED 914).

Recent 1-bed salesUnit no.Price (AED)Summary
20 May 2009777,220
20 May 2009655,774
20 May 2009620,832
20 May 2009636,669
0 1-bed sales in the last 12 months

Al Thamam 14

Building

71 apartments, studios to 3-bed over 6 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 68K /yr
Typical yield
Al Thamam 14, Remraam: prices, sales and rents →

Other units on the 6th floor

All 71 units in Al Thamam 14
Value
601StudioAED 455K · May 2009
6031-bedAED 724K · May 2009
6042-bedAED 1.01M · May 2009
6051-bedAED 625K · May 2009
6061-bedAED 625K · May 2009
6072-bedAED 1.01M · May 2009
6081-bedAED 724K · May 2009
1–7 of 10

602, Al Thamam 14 in numbers

  • Sold once: by Remraam on 20 May 2009 for AED 726,705, or AED 923 per sqft.
  • Rented since July 2017 on 7 Ejari contracts. The rent fell from AED 63,000 to AED 34,000 in 2021 and recovered to AED 40,313 by November 2023.
  • At AED 40,313 a year the gross yield on the 2009 price is 5.5%, before a service charge of about AED 12,600 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 16 November 2023.

Questions about 602, Al Thamam 14

What did unit 602 last sell for?

AED 726,705 on 20 May 2009, sold by the developer: AED 923 per sqft for 787 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 40,313 a year on the contract renewed on 16 November 2023. The previous contract, from November 2022, was AED 36,550; the unit has been rented since July 2017.

How big is unit 602?

787 sqft (73.1 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2011.

What is unit 602 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 602, Al Thamam 14

Starts from the last sale price (AED 727K, 20 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 726,705
Deposit, UAE resident (20%)
AED 145,341
Deposit, non-resident (40%)
AED 290,682
Monthly over 25 years at 3.7%
AED 2,973

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