505, Kamoon 2
Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Kamoon 2
What is 505 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 702 sqft
- Floor
- 5th of 8
- Parking
- B-3127, B-3128
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 13,800 /yr
- Last sold
- AED 2.16M · August 2010
- Building
- Kamoon 2
About 505, Kamoon 2
505 is a two-bedroom apartment of 702 sqft on the 5th floor of Kamoon 2, a 8-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 12 August 2010 for AED 2,156,888, or AED 1,536 per sqft, 5% above the AED 1,459 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 1 September 2024, is AED 185,000 a year: a gross yield of 8.6% on the 2010 price, before the service charge of about AED 13,800 a year.
Sales and rents for 505 over time
505 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Kamoon 2, and where 505 sits
All 15 2-beds →505 last sold in August 2010 at AED 1,536 per sqft, 5% above what two-beds in Kamoon 2 were fetching at the time (AED 1,459).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Mar 20256 March 2025 | 1,432 sqft | 4,100,000 | 2,863 | ||
| 9 Sep 20249 September 2024 | 1,404 sqft | 3,050,000 | 2,172 | ||
| 11 Jul 202411 July 2024 | 1,432 sqft | 2,475,000 | 1,728 | ||
| 24 Oct 202324 October 2023 | 1,404 sqft | 2,250,000 | 1,602 |
Kamoon 2
Building39 apartments, 1-bed to 4-bed over 8 floors in The Old Town, completed in 2006 by Emaar. 1 sold in the last 12 months.
- Typical price per sqft
- AED 2,057
- Typical sale
- AED 2.48M
- Typical rent
- AED 210K /yr
- Typical yield
- 3.8%
Other units on the 5th floor
All 39 units in Kamoon 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 901 sqft | AED 1.2MAED 1,196,888 · Sep 2010September 2010 | 110,000 /yr | |
| 502 | 2-bed | 1,418 sqft | AED 2.47MAED 2,470,000 · May 2023May 2023 | 120,750 /yr | |
| 503 | 1-bed | 1,203 sqft | AED 1.2MAED 1,200,000 · Nov 2020November 2020 | 77,000 /yr | |
| 504 | 3-bed | 1,967 sqft | AED 3.3MAED 3,300,000 · Jul 2022July 2022 | 165,407 /yr |
505, Kamoon 2 in numbers
- Sold once: by Emaar on 12 August 2010 for AED 2,156,888, or AED 1,536 per sqft.
- Rented since October 2014 on 8 Ejari contracts. The rent fell from AED 170,000 to AED 125,000 in 2021 and recovered to AED 185,000 by September 2024.
- At AED 185,000 a year the gross yield on the 2010 price is 8.6%, before a service charge of about AED 13,800 a year (AED 19.67 per sqft).
Source: Dubai Land Department. Updated 1 September 2024.
Questions about 505, Kamoon 2
What did unit 505 last sell for?
AED 2,156,888 on 12 August 2010, sold by the developer: AED 1,536 per sqft for 702 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 185,000 a year on the contract signed on 1 September 2024. The previous contract, from July 2022, was AED 130,000; the unit has been rented since October 2014.
How big is unit 505?
702 sqft (65.2 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2006.
What is unit 505 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 505, Kamoon 2
Starts from the last sale price (AED 2.16M, 12 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,156,888
- Deposit, UAE resident (20%)
- AED 431,378
- Deposit, non-resident (40%)
- AED 862,755
- Monthly over 25 years at 3.7%
- AED 8,824
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →