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3-bed · 1,479 sqftAl Thamam 16, Remraam · 1st floor · completed 2011

108, Al Thamam 16

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 15 December 2023
Last soldAED 1.33M19 September 2013
Current rentAED 82K /yr15 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 108, Al Thamam 16

What is 108 worth today?

Last sold for AED 1,325,520 in 2013

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15 Dec 2023RentedRenewal
AED 82,280/yr12 months · AED 56 per sqft
15 Dec 2022RentedRenewal
AED 74,800/yr12 months · AED 51 per sqft
15 Dec 2021RentedNew contract
AED 68,000/yr12 months · AED 46 per sqft
1 Oct 2020RentedRenewal
AED 75,000/yr12 months · AED 51 per sqft
1 Oct 2019RentedRenewal
AED 90,000/yr12 months · AED 61 per sqft
1 Oct 2017RentedRenewal
AED 99,225/yr12 months · AED 67 per sqft
1 Oct 2016RentedRenewal
AED 99,225/yr12 months · AED 67 per sqft
1 Nov 2015RentedRenewal
AED 94,618/yr11 months · AED 64 per sqft

Source: Dubai Land Department. Updated 15 December 2023.

Key facts

Type
3-bed apartment
Size
1,479 sqft
Floor
1st of 5
Parking
G-27,G-28
Developer
Remraam
Completed
2011
Service charge
AED 23,800 /yr
Last sold
AED 1.33M · September 2013
Building
Al Thamam 16

About 108, Al Thamam 16

108 is a three-bedroom apartment of 1,479 sqft on the 1st floor of Al Thamam 16, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 19 September 2013 for AED 1,325,520, or AED 896 per sqft, 39% above the AED 646 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 15 December 2023, is AED 82,280 a year: a gross yield of 6.2% on the 2013 price, before the service charge of about AED 23,800 a year.

Sales and rents for 108 over time

Rents
Unit 108, each contractTypical three-bed in Al Thamam 16
80K100K2013201720212025Typical rent by year: 2013 AED 100,000; 2014 AED 100,000; 2015 AED 102,563; 2016 AED 104,909; 2017 AED 101,000; 2018 AED 98,500; 2019 AED 92,000; 2020 AED 76,000; 2021 AED 73,500; 2022 AED 78,100; 2023 AED 89,500; 2024 AED 105,000; 2025 AED 110,000Renewal, November 2015: AED 94,618 a yearRenewal, October 2016: AED 99,225 a yearRenewal, October 2017: AED 99,225 a yearRenewal, October 2019: AED 90,000 a yearRenewal, October 2020: AED 75,000 a yearNew contract, December 2021: AED 68,000 a yearRenewal, December 2022: AED 74,800 a yearRenewal, December 2023: AED 82,280 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 16, and where 108 sits

All 6 3-beds →

108 last sold in September 2013 at AED 896 per sqft, 39% above what three-beds in Al Thamam 16 were fetching at the time (AED 646).

Recent 3-bed salesUnit no.Price (AED)Summary
19 Sep 20131,408,966
19 Sep 20131,408,966
19 Sep 20131,422,719
19 Sep 20131,325,520
0 3-bed sales in the last 12 months

Al Thamam 16

Building

60 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 61K /yr
Typical yield
Al Thamam 16, Remraam: prices, sales and rents →

Other units on the 1st floor

All 60 units in Al Thamam 16
Value
101StudioAED 549K · Sep 2013
1023-bedAED 1.41M · Sep 2013
1033-bedAED 1.33M · Sep 2013
1042-bedAED 888K · Sep 2013
1051-bedAED 510K · Nov 2024
1061-bedAED 677K · Oct 2013
1072-bedAED 888K · Sep 2013
1–7 of 9

108, Al Thamam 16 in numbers

  • Sold once: by Remraam on 19 September 2013 for AED 1,325,520, or AED 896 per sqft.
  • Rented since November 2015 on 8 Ejari contracts. The rent fell from AED 94,618 to AED 68,000 in 2021 and recovered to AED 82,280 by December 2023.
  • At AED 82,280 a year the gross yield on the 2013 price is 6.2%, before a service charge of about AED 23,800 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 15 December 2023.

Questions about 108, Al Thamam 16

What did unit 108 last sell for?

AED 1,325,520 on 19 September 2013, sold by the developer: AED 896 per sqft for 1,479 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 82,280 a year on the contract renewed on 15 December 2023. The previous contract, from December 2022, was AED 74,800; the unit has been rented since November 2015.

How big is unit 108?

1,479 sqft (137.4 sqm): a three-bedroom apartment on the 1st floor of a 5-storey tower completed in 2011.

What is unit 108 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 108, Al Thamam 16

Starts from the last sale price (AED 1.33M, 19 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,325,520
Deposit, UAE resident (20%)
AED 265,104
Deposit, non-resident (40%)
AED 530,208
Monthly over 25 years at 3.7%
AED 5,423

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