
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.
Property timeline for 201, Al Thamam 16
What is 201 worth today?
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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
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Oct 202417 October 2024 | 405 sqft | 400,000 | 987 | ||
| 22 Feb 202422 February 2024 | 493 sqft | 415,000 | 841 | ||
| 26 Sep 202326 September 2023 | 405 sqft | 377,000 | 930 | ||
| 9 Dec 20229 December 2022 | 493 sqft | 315,000 | 638 |
Al Thamam 16
Building60 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
Other units on the 2nd floor
All 60 units in Al Thamam 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 202 | 2-bed | 1,486 sqft | AED 1.11MAED 1,110,627 · Sep 2013September 2013 | 66,150 /yr | |
| 203 | 2-bed | 1,492 sqft | AED 1.11MAED 1,110,629 · Sep 2013September 2013 | 87,000 /yr | |
| 204 | 2-bed | 996 sqft | AED 898KAED 897,550 · Sep 2013September 2013 | 63,250 /yr | |
| 205 | 1-bed | 707 sqft | AED 450KAED 450,000 · May 2013May 2013 | 57,000 /yr | |
| 206 | 1-bed | 708 sqft | AED 660KAED 660,000 · Sep 2015September 2015 | 30,829 /yr | |
| 207 | 2-bed | 996 sqft | AED 898KAED 897,550 · Sep 2013September 2013 | 61,900 /yr | |
| 208 | 2-bed | 1,490 sqft | AED 1.11MAED 1,110,630 · Sep 2013September 2013 | 66,000 /yr | |
| 209 | 2-bed | 1,486 sqft | AED 1.11MAED 1,110,627 · Sep 2013September 2013 | 65,000 /yr | |
| 210 | Studio | 494 sqft | AED 300KAED 300,000 · Oct 2021October 2021 | 41,500 /yr | |
| 211 | Studio | 405 sqft | AED 400KAED 400,000 · Oct 2024October 2024 | 22,000 /yr |
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 →