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

210, Al Thamam 16

Sold prices and rental history: sold 3 times, last in October 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 210 · DLD and Ejari recordsUpdated 18 July 2024
Last soldAED 300K10 October 2021
Current rentAED 42K /yr18 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 210, Al Thamam 16

What is 210 worth today?

Last sold for AED 300,000 in 2021

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18 Jul 2024RentedNew contract
AED 41,500/yr12 months · AED 84 per sqft
8 Jun 2023RentedNew contract
AED 36,000/yr12 months · AED 73 per sqft
10 Oct 2021SoldReady
AED 300,000AED 607 per sqft
1 Feb 2020RentedNew contract
AED 28,000/yr12 months · AED 57 per sqft
14 Jan 2019RentedNew contract
AED 36,000/yr12 months · AED 73 per sqft
14 Jan 2019RentedNew contract
AED 36,000/yr12 months · AED 73 per sqft
15 Sep 2017RentedNew contract
AED 45,000/yr12 months · AED 91 per sqft
29 Feb 2016RentedRenewal
AED 45,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 18 July 2024.

Key facts

Type
Studio apartment
Size
494 sqft
Floor
2nd of 5
Parking
G-154
Developer
Remraam
Completed
2011
Service charge
AED 7,900 /yr
Last sold
AED 300K · October 2021
Building
Al Thamam 16

About 210, Al Thamam 16

210 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 10 October 2021 for AED 300,000, or AED 607 per sqft.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 18 July 2024, is AED 41,500 a year: a gross yield of 13.8% on the 2021 price, before the service charge of about AED 7,900 a year.

Sales and rents for 210 over time

Rents
Unit 210, each contractTypical studio in Al Thamam 16
30K40K2013201720212025Typical 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, March 2014: AED 45,000 a yearRenewal, March 2015: AED 45,130 a yearRenewal, February 2016: AED 45,000 a yearNew contract, September 2017: AED 45,000 a yearNew contract, January 2019: AED 36,000 a yearNew contract, January 2019: AED 36,000 a yearNew contract, February 2020: AED 28,000 a yearNew contract, June 2023: AED 36,000 a yearNew contract, July 2024: AED 41,500 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 210 sits

All 14 studios →

210's AED 41,500 is in the lower 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
201StudioAED 605K · Jan 2017
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
1–7 of 10

210, Al Thamam 16 in numbers

  • Sold 3 times: first on 18 November 2012 for AED 435,000, last on 10 October 2021 for AED 300,000 (AED 607 per sqft).
  • Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 45,000 to AED 28,000 in 2020 and recovered to AED 41,500 by July 2024.
  • At AED 41,500 a year the gross yield on the 2021 price is 13.8%, before a service charge of about AED 7,900 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 18 July 2024.

Questions about 210, Al Thamam 16

What did unit 210 last sell for?

AED 300,000 on 10 October 2021: AED 607 per sqft for 494 sqft. The unit has 3 registered sales; the first was AED 435,000 in November 2012.

What is the rent for unit 210?

AED 41,500 a year on the contract signed on 18 July 2024. The previous contract, from June 2023, was AED 36,000; the unit has been rented since March 2014.

How big is unit 210?

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

What is unit 210 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 210, Al Thamam 16

Starts from the last sale price (AED 300K, 10 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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