2-bed · 1,598 sqftAl Thamam 63, Remraam · Ground floor · completed 2011

G03, Al Thamam 63

Sold prices and rental history: sold twice, last in July 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 1.15M9 July 2015
Current rentAED 70K /yr5 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Al Thamam 63

What is G03 worth today?

Last sold for AED 1,150,000 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Sep 2024RentedRenewal
AED 70,000/yr12 months · AED 44 per sqft
5 Sep 2023RentedRenewal
AED 68,000/yr12 months · AED 43 per sqft
5 Sep 2022RentedRenewal
AED 61,000/yr12 months · AED 38 per sqft
1 May 2020RentedNew contract
AED 25,000/yr12 months · AED 16 per sqft
15 Nov 2017RentedNew contract
AED 80,000/yr12 months · AED 50 per sqft
9 Jul 2015SoldReady
AED 1,150,000AED 719 per sqft
19 Jun 2015RentedNew contract
AED 92,000/yr12 months · AED 58 per sqft
19 Jun 2014RentedNew contract
AED 92,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 5 September 2024.

Key facts

Type
2-bed apartment
Size
1,598 sqft
Floor
Ground of 5
Parking
G-36
Developer
Remraam
Completed
2011
Service charge
AED 25,700 /yr
Last sold
AED 1.15M · July 2015
Building
Al Thamam 63

About G03, Al Thamam 63

G03 is a two-bedroom apartment of 1,598 sqft on the ground floor of Al Thamam 63, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 9 July 2015 for AED 1,150,000, or AED 719 per sqft, in line with the AED 740 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 5 September 2024, is AED 70,000 a year: a gross yield of 6.1% on the 2015 price, before the service charge of about AED 25,700 a year.

Sales and rents for G03 over time

Sales
Unit G03, each saleTypical two-bed in Al Thamam 63
500K1M20092013201720212025Typical sale price by year: 2009 AED 517,556; 2012 AED 479,001; 2013 AED 1,010,146; 2014 AED 1,123,659; 2023 AED 690,000; 2024 AED 920,000Sold by developer, April 2014: AED 1,123,659 (AED 703 per sqft)Sold, July 2015: AED 1,150,000 (AED 719 per sqft)

G03 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G03, each contractTypical two-bed in Al Thamam 63
50K100K2013201720212025Typical rent by year: 2013 AED 59,000; 2014 AED 80,000; 2015 AED 82,500; 2016 AED 87,000; 2017 AED 72,765; 2018 AED 73,000; 2019 AED 60,000; 2020 AED 51,000; 2021 AED 50,500; 2022 AED 55,000; 2023 AED 60,000; 2024 AED 69,000; 2025 AED 80,000New contract, May 2014: AED 90,000 a yearNew contract, June 2014: AED 92,000 a yearNew contract, June 2015: AED 92,000 a yearNew contract, November 2017: AED 80,000 a yearNew contract, May 2020: AED 25,000 a yearRenewal, September 2022: AED 61,000 a yearRenewal, September 2023: AED 68,000 a yearRenewal, September 2024: AED 70,000 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 63, and where G03 sits

All 15 2-beds →

G03 last sold in July 2015 at AED 719 per sqft, in line with what two-beds in Al Thamam 63 were fetching at the time (AED 740).

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jun 2025990,000
13 Jun 2025950,000
8 Dec 2024906,000
8 Jul 2024920,000
0 2-bed sales in the last 12 months

Al Thamam 63

Building

48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 940
Typical sale
AED 535K
Typical rent
AED 57K /yr
Typical yield
8.0%
Al Thamam 63, Remraam: prices, sales and rents →

Other units on the ground floor

All 48 units in Al Thamam 63
Value
G013-bedAED 645K · Jun 2013
G022-bedAED 633K · Nov 2017
G043-bedAED 1.33M · Nov 2016

G03, Al Thamam 63 in numbers

  • Sold twice: first on 20 April 2014 for AED 1,123,659, last on 9 July 2015 for AED 1,150,000 (AED 719 per sqft).
  • Rented since May 2014 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 25,000 in 2020 and recovered to AED 70,000 by September 2024.
  • At AED 70,000 a year the gross yield on the 2015 price is 6.1%, before a service charge of about AED 25,700 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 5 September 2024.

Questions about G03, Al Thamam 63

What did unit G03 last sell for?

AED 1,150,000 on 9 July 2015: AED 719 per sqft for 1,598 sqft. The unit has 2 registered sales; the first was AED 1,123,659 in April 2014.

What is the rent for unit G03?

AED 70,000 a year on the contract renewed on 5 September 2024. The previous contract, from September 2023, was AED 68,000; the unit has been rented since May 2014.

How big is unit G03?

1,598 sqft (148.5 sqm): a two-bedroom apartment on the ground floor of a 5-storey tower completed in 2011.

What is unit G03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling G03? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on G03, Al Thamam 63

Starts from the last sale price (AED 1.15M, 9 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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