201, Al Thamam 55
Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 201, Al Thamam 55
What is 201 worth today?
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Source: Dubai Land Department. Updated 15 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 668 sqft
- Floor
- 2nd of 5
- Parking
- G-39
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,700 /yr
- Last sold
- AED 301K · June 2015
- Building
- Al Thamam 55
About 201, Al Thamam 55
201 is a one-bedroom apartment of 668 sqft on the 2nd floor of Al Thamam 55, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 9 June 2015 for AED 301,037, or AED 450 per sqft, in line with the AED 460 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 15 June 2024, is AED 40,825 a year: a gross yield of 13.6% on the 2015 price, before the service charge of about AED 10,700 a year.
Sales and rents for 201 over time
201 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Thamam 55, and where 201 sits
All 18 1-beds →201 last sold in June 2015 at AED 450 per sqft, in line with what one-beds in Al Thamam 55 were fetching at the time (AED 460). 201's AED 40,825 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202414 October 2024 | 1,129 sqft | 690,000 | 611 | ||
| 7 Jul 20237 July 2023 | 1,156 sqft | 505,000 | 436 | ||
| 2 May 20212 May 2021 | 668 sqft | 360,000 | 538 | ||
| 2 Sep 20202 September 2020 | 669 sqft | 330,000 | 493 |
Al Thamam 55
Building47 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 53K /yr
- Typical yield
Other units on the 2nd floor
All 47 units in Al Thamam 55| ValueToday's value | |||||
|---|---|---|---|---|---|
| 202 | 2-bed | 1,501 sqft | AED 1.26MAED 1,260,000 · Aug 2015August 2015 | 82,200 /yr | |
| 203 | 2-bed | 1,501 sqft | AED 1.3MAED 1,300,000 · Jun 2014June 2014 | 57,000 /yr | |
| 204 | 2-bed | 1,009 sqft | AED 305KAED 305,000 · Nov 2021November 2021 | 52,000 /yr | |
| 205 | 2-bed | 1,009 sqft | AED 550KAED 550,000 · Feb 2021February 2021 | 55,000 /yr | |
| 206 | 2-bed | 1,501 sqft | AED 640KAED 640,000 · Nov 2020November 2020 | 66,000 /yr | |
| 207 | 2-bed | 1,501 sqft | AED 860KAED 860,000 · Sep 2022September 2022 | 95,000 /yr | |
| 208 | 1-bed | 669 sqft | AED 501KAED 500,945 · Sep 2014September 2014 | 47,000 /yr | |
| 209 | Studio | 401 sqft | AED 301KAED 300,600 · Sep 2015September 2015 | 30,000 /yr |
201, Al Thamam 55 in numbers
- Sold once: by Remraam on 9 June 2015 for AED 301,037, or AED 450 per sqft.
- Rented since July 2020 on 5 Ejari contracts, from AED 30,000 to AED 40,825 a year.
- At AED 40,825 a year the gross yield on the 2015 price is 13.6%, before a service charge of about AED 10,700 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 15 June 2024.
Questions about 201, Al Thamam 55
What did unit 201 last sell for?
AED 301,037 on 9 June 2015, sold by the developer: AED 450 per sqft for 668 sqft. It is the only registered sale of the unit.
What is the rent for unit 201?
AED 40,825 a year on the contract renewed on 15 June 2024. The previous contract, from June 2023, was AED 35,500; the unit has been rented since July 2020.
How big is unit 201?
668 sqft (62.1 sqm): a one-bedroom apartment 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 55
Starts from the last sale price (AED 301K, 9 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 301,037
- Deposit, UAE resident (20%)
- AED 60,207
- Deposit, non-resident (40%)
- AED 120,415
- Monthly over 25 years at 3.7%
- AED 1,232
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →