2-bed · 1,654 sqftFlamingo Residence, Meydan City · 4th floor

403, Flamingo Residence

Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 1.74M16 June 2022
Current rentAED 120K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Flamingo Residence

What is 403 worth today?

Last sold for AED 1,743,620 in 2022

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1 Jun 2025RentedNew contract
AED 120,000/yr12 months · AED 72 per sqft
20 Sep 2024RentedRenewal
AED 120,543/yr7 months · AED 73 per sqft
20 Sep 2022RentedNew contract
AED 110,000/yr12 months · AED 66 per sqft
16 Jun 2022Sold by developerReady
AED 1,743,620AED 1,054 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
2-bed apartment
Size
1,654 sqft
Floor
4th of 4
Parking
B-1, B-2
Last sold
AED 1.74M · June 2022

About 403, Flamingo Residence

403 is a two-bedroom apartment of 1,654 sqft on the 4th floor of Flamingo Residence, a 4-storey tower in Meydan City. The developer sold it on 16 June 2022 for AED 1,743,620, or AED 1,054 per sqft, in line with the AED 1,053 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 June 2025, is AED 120,000 a year: a gross yield of 6.9% on the 2022 price.

Sales and rents for 403 over time

Rents
Unit 403, each contractTypical two-bed in Flamingo Residence
100K120K20222023202420252026Typical rent by year: 2022 AED 90,000; 2023 AED 100,000; 2024 AED 105,000; 2025 AED 109,838New contract, September 2022: AED 110,000 a yearRenewal, September 2024: AED 120,543 a yearNew contract, June 2025: AED 120,000 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 Flamingo Residence, and where 403 sits

All 15 2-beds →

403 last sold in June 2022 at AED 1,054 per sqft, in line with what two-beds in Flamingo Residence were fetching at the time (AED 1,053). 403's AED 120,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jun 20221,238,490
16 Jun 20221,225,700
16 Jun 20221,034,120
16 Jun 20221,034,120
0 2-bed sales in the last 12 months

Flamingo Residence

Building

43 apartments, 1-bed to 2-bed over 4 floors in Meydan City. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 74K /yr
Typical yield
Flamingo Residence, Meydan City: prices, sales and rents →

Other units on the 4th floor

All 43 units in Flamingo Residence
Value
4012-bedAED 1.55M · Jun 2022
4021-bedAED 779K · Jun 2022
4042-bedAED 1.56M · Jun 2022
4052-bedAED 1.13M · Jun 2022
4062-bedAED 1.71M · Jun 2022
4072-bedAED 1.24M · Jun 2022

403, Flamingo Residence in numbers

  • Sold once: by the developer on 16 June 2022 for AED 1,743,620, or AED 1,054 per sqft.
  • Rented since September 2022 on 3 Ejari contracts, from AED 110,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 6.9%.

Source: Dubai Land Department. Updated 1 June 2025.

Questions about 403, Flamingo Residence

What did unit 403 last sell for?

AED 1,743,620 on 16 June 2022, sold by the developer: AED 1,054 per sqft for 1,654 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 120,000 a year on the contract signed on 1 June 2025. The previous contract, from September 2024, was AED 120,543; the unit has been rented since September 2022.

How big is unit 403?

1,654 sqft (153.7 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower.

What is unit 403 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 403, Flamingo Residence

Starts from the last sale price (AED 1.74M, 16 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,743,620
Deposit, UAE resident (20%)
AED 348,724
Deposit, non-resident (40%)
AED 697,448
Monthly over 25 years at 3.7%
AED 7,134

Plus AED 78,242 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →