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1-bed · 965 sqftKamoon 1, The Old Town · 3rd floor · completed 2006

306, Kamoon 1

Sold prices and rental history: sold once, by the developer in February 2011, and rented once, from September 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 September 2017
Last soldAED 1.5M28 February 2011
Current rentAED 110K /yr1 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 306, Kamoon 1

What is 306 worth today?

Last sold for AED 1,502,444 in 2011

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1 Sep 2017RentedNew contract
AED 110,000/yr12 months · AED 114 per sqft
28 Feb 2011Sold by developerReady
AED 1,502,444AED 1,556 per sqft

Source: Dubai Land Department. Updated 1 September 2017.

Key facts

Type
1-bed apartment
Size
965 sqft
Floor
3rd of 4
Parking
B-3070
Developer
Emaar
Completed
2006
Service charge
AED 19,000 /yr
Last sold
AED 1.5M · February 2011
Building
Kamoon 1

About 306, Kamoon 1

306 is a one-bedroom apartment of 965 sqft on the 3rd floor of Kamoon 1, a 4-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 28 February 2011 for AED 1,502,444, or AED 1,556 per sqft, 22% above the AED 1,279 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2017. The current contract, signed on 1 September 2017, is AED 110,000 a year: a gross yield of 7.3% on the 2011 price, before the service charge of about AED 19,000 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Kamoon 1
1M2M2009201420192024Typical sale price by year: 2009 AED 1,303,888; 2010 AED 1,429,888; 2011 AED 1,197,888; 2012 AED 1,200,000; 2013 AED 1,555,444; 2014 AED 1,800,000; 2015 AED 1,800,000; 2016 AED 2,150,000; 2019 AED 1,162,500; 2021 AED 1,200,000; 2022 AED 1,500,000; 2024 AED 1,850,000; 2025 AED 2,501,000Sold by developer, February 2011: AED 1,502,444 (AED 1,556 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in Kamoon 1
80K100K120K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 102,500; 2014 AED 111,000; 2015 AED 115,250; 2016 AED 120,000; 2017 AED 119,500; 2018 AED 111,250; 2019 AED 90,000; 2020 AED 82,000; 2021 AED 85,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 107,500; 2025 AED 125,000New contract, September 2017: AED 110,000 a year

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

1-beds in Kamoon 1, and where 306 sits

All 42 1-beds →

306 last sold in February 2011 at AED 1,556 per sqft, 22% above what one-beds in Kamoon 1 were fetching at the time (AED 1,279). Over the last 12 months one-beds sold for AED 2,050,000 to 3,200,000, around AED 2,471 per sqft, and rent for AED 100,000 to 142,250 a year. 306's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jan 20262,370,000
22 Jul 20252,501,000
11 Mar 20252,100,000
3 Feb 20252,525,000
3 1-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. 3 sold in the last 12 months.

Typical price per sqft
AED 2,471
Typical sale
AED 2.37M
Typical rent
AED 125K /yr
Typical yield
5.1%
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
3042-bedAED 1.76M · Sep 2012
3051-bedAED 1.8M · Nov 2015
3072-bedAED 1.77M · Jun 2011
3102-bedAED 1.6M · Feb 2019
3112-bedAED 1.62M · Nov 2009
1–7 of 14

306, Kamoon 1 in numbers

  • Sold once: by Emaar on 28 February 2011 for AED 1,502,444, or AED 1,556 per sqft.
  • Rented since September 2017 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2011 price is 7.3%, before a service charge of about AED 19,000 a year (AED 19.67 per sqft).
  • One-beds in Kamoon 1 sold for AED 2,050,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,471 per sqft.

Source: Dubai Land Department. Updated 1 September 2017.

Questions about 306, Kamoon 1

What did unit 306 last sell for?

AED 1,502,444 on 28 February 2011, sold by the developer: AED 1,556 per sqft for 965 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 110,000 a year on the contract signed on 1 September 2017.

How big is unit 306?

965 sqft (89.7 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2006.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Kamoon 1 sold for AED 2,050,000 to 3,200,000 in the last 12 months, around AED 2,471 per sqft.

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Mortgage on 306, Kamoon 1

Starts from the last sale price (AED 1.5M, 28 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,502,444
Deposit, UAE resident (20%)
AED 300,489
Deposit, non-resident (40%)
AED 600,978
Monthly over 25 years at 3.7%
AED 6,147

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