501, Kamoon 4
Sold prices and rental history: sold once, by the developer in August 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Kamoon 4
What is 501 worth today?
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Source: Dubai Land Department. Updated 7 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 904 sqft
- Floor
- 5th of 6
- Parking
- B-3048
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 17,800 /yr
- Last sold
- AED 1.85M · August 2011
- Building
- Kamoon 4
About 501, Kamoon 4
501 is a one-bedroom apartment of 904 sqft on the 5th floor of Kamoon 4, a 6-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 3 August 2011 for AED 1,852,888, or AED 2,049 per sqft, 4% above the AED 1,961 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 7 May 2023, is AED 80,850 a year: a gross yield of 4.4% on the 2011 price, before the service charge of about AED 17,800 a year.
Sales and rents for 501 over time
501 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Kamoon 4, and where 501 sits
All 11 1-beds →501 last sold in August 2011 at AED 2,049 per sqft, 4% above what one-beds in Kamoon 4 were fetching at the time (AED 1,961).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Nov 20245 November 2024 | 904 sqft | 2,000,000 | 2,212 | ||
| 21 Aug 202321 August 2023 | 904 sqft | 1,755,888 | 1,942 | ||
| 12 Apr 202312 April 2023 | 2,871 sqft | 2,675,888 | 931 | ||
| 7 Dec 20227 December 2022 | 1,225 sqft | 1,900,000 | 1,550 |
Kamoon 4
Building31 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
Other units on the 5th floor
All 31 units in Kamoon 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,450 sqft | AED 3.45MAED 3,450,000 · Feb 2025February 2025 | 135,095 /yr | |
| 503 | 1-bed | 1,225 sqft | AED 1.18MAED 1,175,000 · Oct 2010October 2010 | 110,000 /yr | |
| 504 | 3-bed | 1,989 sqft | AED 3.7MAED 3,700,000 · May 2023May 2023 | 130,000 /yr | |
| 505 | 2-bed | 1,432 sqft | AED 2.55MAED 2,550,000 · Jul 2022July 2022 | 178,740 /yr |
501, Kamoon 4 in numbers
- Sold once: by Emaar on 3 August 2011 for AED 1,852,888, or AED 2,049 per sqft.
- Rented since January 2015 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 70,000 in 2021 and recovered to AED 80,850 by May 2023.
- At AED 80,850 a year the gross yield on the 2011 price is 4.4%, before a service charge of about AED 17,800 a year (AED 19.67 per sqft).
Source: Dubai Land Department. Updated 7 May 2023.
Questions about 501, Kamoon 4
What did unit 501 last sell for?
AED 1,852,888 on 3 August 2011, sold by the developer: AED 2,049 per sqft for 904 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 80,850 a year on the contract renewed on 7 May 2023. The previous contract, from May 2022, was AED 77,000; the unit has been rented since January 2015.
How big is unit 501?
904 sqft (84.0 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2006.
What is unit 501 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 501, Kamoon 4
Starts from the last sale price (AED 1.85M, 3 August 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,852,888
- Deposit, UAE resident (20%)
- AED 370,578
- Deposit, non-resident (40%)
- AED 741,155
- Monthly over 25 years at 3.7%
- AED 7,581
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →