1-bed · 568 sqftFlamingo Residence, Meydan City · 1st floor

108, Flamingo Residence

Sold prices and rental history: sold once, by the developer in June 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 584K15 June 2022
Current rentAED 70K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Flamingo Residence

What is 108 worth today?

Last sold for AED 584,010 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2026RentedRenewal
AED 70,000/yr12 months · AED 123 per sqft
1 Mar 2025RentedRenewal
AED 70,000/yr12 months · AED 123 per sqft
1 Mar 2024RentedNew contract
AED 70,000/yr12 months · AED 123 per sqft
1 Nov 2023RentedRenewal
AED 60,000/yr12 months · AED 105 per sqft
1 Nov 2022RentedNew contract
AED 60,000/yr12 months · AED 105 per sqft
15 Sep 2022RentedNew contract
AED 55,000/yr12 months · AED 96 per sqft
15 Jun 2022Sold by developerReady
AED 584,010AED 1,028 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
1-bed apartment
Size
568 sqft
Floor
1st of 4
Parking
G-14
Last sold
AED 584K · June 2022

About 108, Flamingo Residence

108 is a one-bedroom apartment of 568 sqft on the 1st floor of Flamingo Residence, a 4-storey tower in Meydan City. The developer sold it on 15 June 2022 for AED 584,010, or AED 1,028 per sqft, in line with the AED 1,029 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 70,000 a year: a gross yield of 12.0% on the 2022 price.

Sales and rents for 108 over time

Rents
Unit 108, each contractTypical one-bed in Flamingo Residence
60K70K202220242026Typical rent by year: 2022 AED 55,000; 2023 AED 60,000; 2024 AED 66,150; 2025 AED 67,200; 2026 AED 70,000New contract, September 2022: AED 55,000 a yearNew contract, November 2022: AED 60,000 a yearRenewal, November 2023: AED 60,000 a yearNew contract, March 2024: AED 70,000 a yearRenewal, March 2025: AED 70,000 a yearRenewal, March 2026: AED 70,000 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 Flamingo Residence, and where 108 sits

All 28 1-beds →

108 last sold in June 2022 at AED 1,028 per sqft, in line with what one-beds in Flamingo Residence were fetching at the time (AED 1,029). 108's AED 70,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jun 2022584,010
16 Jun 2022828,120
16 Jun 2022828,120
16 Jun 2022636,540
0 1-bed sales in the last 12 months

Flamingo Residence

Building

43 apartments, 1-bed to 2-bed over 4 floors in Meydan City. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 74K /yr
Typical yield
Flamingo Residence, Meydan City: prices, sales and rents →

Other units on the 1st floor

All 43 units in Flamingo Residence
Value
1011-bedAED 637K · Jun 2022
1021-bedAED 639K · Jun 2022
1031-bedAED 767K · Jun 2022
1041-bedAED 746K · Jun 2022
1051-bedAED 828K · Jun 2022
1061-bedAED 742K · Jun 2022
1071-bedAED 853K · Jun 2022
1–7 of 11

108, Flamingo Residence in numbers

  • Sold once: by the developer on 15 June 2022 for AED 584,010, or AED 1,028 per sqft.
  • Rented since September 2022 on 6 Ejari contracts, from AED 55,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 12.0%.

Source: Dubai Land Department. Updated 1 March 2026.

Questions about 108, Flamingo Residence

What did unit 108 last sell for?

AED 584,010 on 15 June 2022, sold by the developer: AED 1,028 per sqft for 568 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 70,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 70,000; the unit has been rented since September 2022.

How big is unit 108?

568 sqft (52.8 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower.

What is unit 108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 108? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 108, Flamingo Residence

Starts from the last sale price (AED 584K, 15 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 584,010
Deposit, UAE resident (20%)
AED 116,802
Deposit, non-resident (40%)
AED 233,604
Monthly over 25 years at 3.7%
AED 2,389

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