2-bed · 1,450 sqftKamoon 4, The Old Town · 4th floor · completed 2006

402, Kamoon 4

Sold prices and rental history: sold once, by the developer in June 2012, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 1.87M18 June 2012
Current rentAED 143K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Kamoon 4

What is 402 worth today?

Last sold for AED 1,874,816 in 2012

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20 May 2024RentedRenewal
AED 142,500/yr12 months · AED 99 per sqft
20 May 2022RentedNew contract
AED 130,000/yr12 months · AED 89 per sqft
1 Feb 2022RentedRenewal
AED 104,500/yr3 months · AED 72 per sqft
1 Feb 2021RentedNew contract
AED 95,000/yr12 months · AED 65 per sqft
18 Jun 2012Sold by developerReady
AED 1,874,816AED 1,292 per sqft

Source: Dubai Land Department. Updated 20 May 2024.

Key facts

Type
2-bed apartment
Size
1,450 sqft
Floor
4th of 6
Parking
B-3044
Developer
Emaar
Completed
2006
Service charge
AED 28,500 /yr
Last sold
AED 1.87M · June 2012
Building
Kamoon 4

About 402, Kamoon 4

402 is a two-bedroom apartment of 1,450 sqft on the 4th floor of Kamoon 4, a 6-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 18 June 2012 for AED 1,874,816, or AED 1,292 per sqft, in line with the AED 1,314 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 20 May 2024, is AED 142,500 a year: a gross yield of 7.6% on the 2012 price, before the service charge of about AED 28,500 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in Kamoon 4
1.8M2M2.2M201220132014Typical sale price by year: 2012 AED 1,899,127; 2013 AED 2,300,000Sold by developer, June 2012: AED 1,874,816 (AED 1,292 per sqft)

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

Rents
Unit 402, each contractTypical two-bed in Kamoon 4
100K150K2013201720212025Typical rent by year: 2013 AED 145,000; 2015 AED 175,000; 2017 AED 155,000; 2018 AED 132,500; 2019 AED 130,000; 2020 AED 120,000; 2021 AED 115,000; 2022 AED 117,000; 2023 AED 125,000; 2024 AED 148,750; 2025 AED 160,000New contract, February 2021: AED 95,000 a yearRenewal, February 2022: AED 104,500 a yearNew contract, May 2022: AED 130,000 a yearRenewal, May 2024: AED 142,500 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 4, and where 402 sits

All 11 2-beds →

402 last sold in June 2012 at AED 1,292 per sqft, in line with what two-beds in Kamoon 4 were fetching at the time (AED 1,314).

Recent 2-bed salesUnit no.Price (AED)Summary
14 Feb 20253,450,000
11 Jul 20242,750,000
23 Sep 20222,300,000
28 Jul 20222,550,000
0 2-bed sales in the last 12 months

Kamoon 4

Building

31 apartments, 1-bed to 4-bed over 6 floors in The Old Town, completed in 2006 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 148K /yr
Typical yield
Kamoon 4, The Old Town: prices, sales and rents →

Other units on the 4th floor

All 31 units in Kamoon 4
Value
4011-bedAED 1.84M · Aug 2010
4031-bedAED 1.99M · Sep 2013
4043-bedAED 3.5M · Jan 2018
4052-bedAED 2.1M · Apr 2019

402, Kamoon 4 in numbers

  • Sold once: by Emaar on 18 June 2012 for AED 1,874,816, or AED 1,292 per sqft.
  • Rented since February 2021 on 4 Ejari contracts, from AED 95,000 to AED 142,500 a year.
  • At AED 142,500 a year the gross yield on the 2012 price is 7.6%, before a service charge of about AED 28,500 a year (AED 19.67 per sqft).

Source: Dubai Land Department. Updated 20 May 2024.

Questions about 402, Kamoon 4

What did unit 402 last sell for?

AED 1,874,816 on 18 June 2012, sold by the developer: AED 1,292 per sqft for 1,450 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 142,500 a year on the contract renewed on 20 May 2024. The previous contract, from May 2022, was AED 130,000; the unit has been rented since February 2021.

How big is unit 402?

1,450 sqft (134.7 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2006.

What is unit 402 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 402, Kamoon 4

Starts from the last sale price (AED 1.87M, 18 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,874,816
Deposit, UAE resident (20%)
AED 374,963
Deposit, non-resident (40%)
AED 749,926
Monthly over 25 years at 3.7%
AED 7,670

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