Studio · 494 sqftAl Thamam 16, Remraam · 2nd floor · completed 2011

201, Al Thamam 16

Sold prices and rental history: sold twice, last in January 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 14 August 2024
Last soldAED 605K16 January 2017
Current rentAED 48K /yr14 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Al Thamam 16

What is 201 worth today?

Last sold for AED 605,000 in 2017

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14 Aug 2024RentedNew contract
AED 48,000/yr12 months · AED 97 per sqft
14 Aug 2019RentedRenewal
AED 42,000/yr12 months · AED 85 per sqft
14 Aug 2018RentedRenewal
AED 42,000/yr12 months · AED 85 per sqft
16 Jan 2017SoldReady
AED 605,000AED 1,225 per sqft
22 Dec 2014RentedRenewal
AED 28,000/yr12 months · AED 57 per sqft
22 Dec 2013RentedRenewal
AED 28,000/yr12 months · AED 57 per sqft
22 Dec 2012RentedNew contract
AED 28,000/yr12 months · AED 57 per sqft
13 Dec 2012Sold by developerReady
AED 483,000AED 978 per sqft

Source: Dubai Land Department. Updated 14 August 2024.

Key facts

Type
Studio apartment
Size
494 sqft
Floor
2nd of 5
Parking
G-163
Developer
Remraam
Completed
2011
Service charge
AED 7,900 /yr
Last sold
AED 605K · January 2017
Building
Al Thamam 16

About 201, Al Thamam 16

201 is a studio of 494 sqft on the 2nd floor of Al Thamam 16, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 16 January 2017 for AED 605,000, or AED 1,225 per sqft.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 14 August 2024, is AED 48,000 a year: a gross yield of 7.9% on the 2017 price, before the service charge of about AED 7,900 a year.

Sales and rents for 201 over time

Rents
Unit 201, each contractTypical studio in Al Thamam 16
20K40K2012201620202024Typical rent by year: 2013 AED 30,000; 2014 AED 44,000; 2015 AED 36,929; 2017 AED 45,000; 2018 AED 42,000; 2019 AED 36,000; 2020 AED 26,000; 2021 AED 23,936; 2022 AED 25,500; 2023 AED 36,000; 2024 AED 39,500; 2025 AED 43,000; 2026 AED 39,000New contract, December 2012: AED 28,000 a yearRenewal, December 2013: AED 28,000 a yearRenewal, December 2014: AED 28,000 a yearRenewal, August 2018: AED 42,000 a yearRenewal, August 2019: AED 42,000 a yearNew contract, August 2024: AED 48,000 a year

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

Studios in Al Thamam 16, and where 201 sits

All 14 studios →

201's AED 48,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Oct 2024400,000
22 Feb 2024415,000
26 Sep 2023377,000
9 Dec 2022315,000
0 studio 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 2nd floor

All 60 units in Al Thamam 16
Value
2022-bedAED 1.11M · Sep 2013
2032-bedAED 1.11M · Sep 2013
2042-bedAED 898K · Sep 2013
2051-bedAED 450K · May 2013
2061-bedAED 660K · Sep 2015
2072-bedAED 898K · Sep 2013
2082-bedAED 1.11M · Sep 2013
1–7 of 10

201, Al Thamam 16 in numbers

  • Sold twice: first on 13 December 2012 for AED 483,000, last on 16 January 2017 for AED 605,000 (AED 1,225 per sqft).
  • Rented since December 2012 on 6 Ejari contracts, from AED 28,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2017 price is 7.9%, before a service charge of about AED 7,900 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 14 August 2024.

Questions about 201, Al Thamam 16

What did unit 201 last sell for?

AED 605,000 on 16 January 2017: AED 1,225 per sqft for 494 sqft. The unit has 2 registered sales; the first was AED 483,000 in December 2012.

What is the rent for unit 201?

AED 48,000 a year on the contract signed on 14 August 2024. The previous contract, from August 2019, was AED 42,000; the unit has been rented since December 2012.

How big is unit 201?

494 sqft (45.9 sqm): a studio on the 2nd floor of a 5-storey tower completed in 2011.

What is unit 201 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 201, Al Thamam 16

Starts from the last sale price (AED 605K, 16 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 605,000
Deposit, UAE resident (20%)
AED 121,000
Deposit, non-resident (40%)
AED 242,000
Monthly over 25 years at 3.7%
AED 2,475

Plus AED 30,420 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →