2-bed · 1,449 sqftKamoon 1, The Old Town · 3rd floor · completed 2006

304, Kamoon 1

Sold prices and rental history: sold twice, last in September 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.76M24 September 2012
Current rentAED 163K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Kamoon 1

What is 304 worth today?

Last sold for AED 1,755,000 in 2012

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1 Aug 2024RentedRenewal
AED 162,750/yr12 months · AED 112 per sqft
1 Aug 2023RentedRenewal
AED 155,000/yr12 months · AED 107 per sqft
1 Aug 2022RentedNew contract
AED 155,000/yr12 months · AED 107 per sqft
6 May 2021RentedRenewal
AED 135,000/yr12 months · AED 93 per sqft
6 May 2020RentedRenewal
AED 142,500/yr12 months · AED 98 per sqft
6 May 2019RentedRenewal
AED 155,000/yr12 months · AED 107 per sqft
6 May 2018RentedRenewal
AED 170,000/yr12 months · AED 117 per sqft
6 May 2016RentedNew contract
AED 180,000/yr12 months · AED 124 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
1,449 sqft
Floor
3rd of 4
Parking
B-3025
Developer
Emaar
Completed
2006
Service charge
AED 28,500 /yr
Last sold
AED 1.76M · September 2012
Building
Kamoon 1

About 304, Kamoon 1

304 is a two-bedroom apartment of 1,449 sqft on the 3rd floor of Kamoon 1, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 24 September 2012 for AED 1,755,000, or AED 1,211 per sqft, 5% below the AED 1,273 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 162,750 a year: a gross yield of 9.3% on the 2012 price, before the service charge of about AED 28,500 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Kamoon 1
2M3M2009201320172021Typical sale price by year: 2009 AED 1,681,888; 2010 AED 1,875,888; 2011 AED 1,829,388; 2012 AED 1,777,500; 2014 AED 3,175,000; 2019 AED 1,600,000; 2020 AED 1,600,000; 2021 AED 2,010,000Sold by developer, March 2011: AED 2,435,888 (AED 1,681 per sqft)Sold, September 2012: AED 1,755,000 (AED 1,211 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Kamoon 1
100K150K2012201620202024Typical rent by year: 2012 AED 120,750; 2013 AED 130,000; 2014 AED 157,500; 2015 AED 150,000; 2016 AED 152,500; 2017 AED 150,000; 2018 AED 145,000; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 105,000; 2022 AED 130,000; 2023 AED 140,000; 2024 AED 161,375; 2025 AED 164,000New contract, February 2013: AED 130,000 a yearNew contract, February 2014: AED 136,500 a yearRenewal, February 2015: AED 150,000 a yearNew contract, May 2016: AED 180,000 a yearRenewal, May 2018: AED 170,000 a yearRenewal, May 2019: AED 155,000 a yearRenewal, May 2020: AED 142,500 a yearRenewal, May 2021: AED 135,000 a yearNew contract, August 2022: AED 155,000 a yearRenewal, August 2023: AED 155,000 a yearRenewal, August 2024: AED 162,750 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 Kamoon 1, and where 304 sits

All 23 2-beds →

304 last sold in September 2012 at AED 1,211 per sqft, 5% below what two-beds in Kamoon 1 were fetching at the time (AED 1,273).

Recent 2-bed salesUnit no.Price (AED)Summary
7 Aug 20243,300,000
14 Jun 20242,725,000
6 Mar 20232,390,000
17 Nov 20222,000,000
0 2-bed sales in the last 12 months

Kamoon 1

Building

68 apartments, 1-bed to 2-bed over 4 floors in The Old Town, completed in 2006 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 2,296
Typical sale
AED 2.79M
Typical rent
AED 123K /yr
Typical yield
5.3%
Kamoon 1, The Old Town: prices, sales and rents →

Other units on the 3rd floor

All 68 units in Kamoon 1
Value
3012-bedAED 1.65M · Nov 2019
3021-bedAED 1.48M · Nov 2022
3051-bedAED 1.8M · Nov 2015
3061-bedAED 1.5M · Feb 2011
3072-bedAED 1.77M · Jun 2011
3102-bedAED 1.6M · Feb 2019
3112-bedAED 1.62M · Nov 2009
1–7 of 14

304, Kamoon 1 in numbers

  • Sold twice: first on 27 March 2011 for AED 2,435,888, last on 24 September 2012 for AED 1,755,000 (AED 1,211 per sqft).
  • Rented since February 2013 on 11 Ejari contracts, from AED 130,000 to AED 162,750 a year.
  • At AED 162,750 a year the gross yield on the 2012 price is 9.3%, before a service charge of about AED 28,500 a year (AED 19.67 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.

Questions about 304, Kamoon 1

What did unit 304 last sell for?

AED 1,755,000 on 24 September 2012: AED 1,211 per sqft for 1,449 sqft. The unit has 2 registered sales; the first was AED 2,435,888 in March 2011.

What is the rent for unit 304?

AED 162,750 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 155,000; the unit has been rented since February 2013.

How big is unit 304?

1,449 sqft (134.6 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2006.

What is unit 304 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 304, Kamoon 1

Starts from the last sale price (AED 1.76M, 24 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,755,000
Deposit, UAE resident (20%)
AED 351,000
Deposit, non-resident (40%)
AED 702,000
Monthly over 25 years at 3.7%
AED 7,180

Plus AED 78,720 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →