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2-bed · 1,667 sqftAl Thamam 16, Remraam · Ground floor · completed 2011

G02, 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 G02 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 983K19 September 2013
Current rentAED 64K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G02, Al Thamam 16

What is G02 worth today?

Last sold for AED 983,234 in 2013

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1 Nov 2024RentedRenewal
AED 64,275/yr12 months · AED 39 per sqft
1 Nov 2023RentedRenewal
AED 61,215/yr12 months · AED 37 per sqft
1 Nov 2022RentedRenewal
AED 58,300/yr12 months · AED 35 per sqft
1 Nov 2021RentedRenewal
AED 53,000/yr12 months · AED 32 per sqft
1 Mar 2019RentedRenewal
AED 85,245/yr12 months · AED 51 per sqft
1 Mar 2017RentedRenewal
AED 85,000/yr12 months · AED 51 per sqft
1 Mar 2016RentedRenewal
AED 85,000/yr12 months · AED 51 per sqft
6 Mar 2015RentedNew contract
AED 84,917/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
2-bed apartment
Size
1,667 sqft
Floor
Ground of 5
Parking
G-16
Developer
Remraam
Completed
2011
Service charge
AED 26,800 /yr
Last sold
AED 983K · September 2013
Building
Al Thamam 16

About G02, Al Thamam 16

G02 is a two-bedroom apartment of 1,667 sqft on the ground 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 983,234, or AED 589 per sqft, 28% below the AED 819 two-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 1 November 2024, is AED 64,275 a year: a gross yield of 6.5% on the 2013 price, before the service charge of about AED 26,800 a year.

Sales and rents for G02 over time

Sales
Unit G02, each saleTypical two-bed in Al Thamam 16
900K950K201220132014Typical sale price by year: 2012 AED 906,255; 2013 AED 900,090Sold by developer, September 2013: AED 983,234 (AED 589 per sqft)

G02 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit G02, each contractTypical two-bed in Al Thamam 16
60K80K2013201720212025Typical rent by year: 2013 AED 61,500; 2014 AED 63,000; 2015 AED 79,959; 2016 AED 75,000; 2017 AED 73,500; 2018 AED 71,625; 2019 AED 65,500; 2020 AED 54,500; 2021 AED 51,000; 2022 AED 54,000; 2023 AED 58,150; 2024 AED 63,800; 2025 AED 64,565New contract, March 2015: AED 84,917 a yearRenewal, March 2016: AED 85,000 a yearRenewal, March 2017: AED 85,000 a yearRenewal, March 2019: AED 85,245 a yearRenewal, November 2021: AED 53,000 a yearRenewal, November 2022: AED 58,300 a yearRenewal, November 2023: AED 61,215 a yearRenewal, November 2024: AED 64,275 a year

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

2-beds in Al Thamam 16, and where G02 sits

All 16 2-beds →

G02 last sold in September 2013 at AED 589 per sqft, 28% below what two-beds in Al Thamam 16 were fetching at the time (AED 819). G02's AED 64,275 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Nov 2024950,000
4 May 20171,050,000
19 Sep 2013897,550
19 Sep 20131,110,627
0 2-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 ground floor

All 60 units in Al Thamam 16
Value
G013-bedAED 1.42M · Sep 2013
G031-bedAED 670K · Oct 2024
G041-bedAED 470K · Jul 2021
G052-bedAED 983K · Sep 2013
G063-bedAED 1.42M · Sep 2013

G02, Al Thamam 16 in numbers

  • Sold once: by Remraam on 19 September 2013 for AED 983,234, or AED 589 per sqft.
  • Rented since March 2015 on 8 Ejari contracts. The rent fell from AED 84,917 to AED 53,000 in 2021 and recovered to AED 64,275 by November 2024.
  • At AED 64,275 a year the gross yield on the 2013 price is 6.5%, before a service charge of about AED 26,800 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 1 November 2024.

Questions about G02, Al Thamam 16

What did unit G02 last sell for?

AED 983,234 on 19 September 2013, sold by the developer: AED 589 per sqft for 1,667 sqft. It is the only registered sale of the unit.

What is the rent for unit G02?

AED 64,275 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 61,215; the unit has been rented since March 2015.

How big is unit G02?

1,667 sqft (154.9 sqm): a two-bedroom apartment on the ground floor of a 5-storey tower completed in 2011.

What is unit G02 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 G02, Al Thamam 16

Starts from the last sale price (AED 983K, 19 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 983,234
Deposit, UAE resident (20%)
AED 196,647
Deposit, non-resident (40%)
AED 393,294
Monthly over 25 years at 3.7%
AED 4,023

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