302, Flamingo Residence
Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Flamingo Residence
What is 302 worth today?
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Source: Dubai Land Department. Updated 7 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 617 sqft
- Floor
- 3rd of 4
- Parking
- G-19
- Last sold
- AED 639K · June 2022
- Building
- Flamingo Residence
About 302, Flamingo Residence
302 is a one-bedroom apartment of 617 sqft on the 3rd floor of Flamingo Residence, a 4-storey tower in Meydan City. The developer sold it on 16 June 2022 for AED 638,600, or AED 1,035 per sqft, in line with the AED 1,035 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 7 September 2024, is AED 75,000 a year: a gross yield of 11.7% on the 2022 price.
Sales and rents for 302 over time
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 302 sits
All 28 1-beds →302 last sold in June 2022 at AED 1,035 per sqft, in line with what one-beds in Flamingo Residence were fetching at the time (AED 1,035). 302's AED 75,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jun 202216 June 2022 | 568 sqft | 584,010 | 1,028 | ||
| 16 Jun 202216 June 2022 | 693 sqft | 828,120 | 1,194 | ||
| 16 Jun 202216 June 2022 | 693 sqft | 828,120 | 1,194 | ||
| 16 Jun 202216 June 2022 | 610 sqft | 636,540 | 1,042 |
Flamingo Residence
Building43 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
Other units on the 3rd floor
All 43 units in Flamingo Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 610 sqft | AED 637KAED 636,540 · Jun 2022June 2022 | 68,250 /yr | |
| 303 | 1-bed | 741 sqft | AED 767KAED 767,350 · Jun 2022June 2022 | 65,000 /yr | |
| 304 | 1-bed | 644 sqft | AED 746KAED 745,720 · Jun 2022June 2022 | 69,300 /yr | |
| 305 | 1-bed | 693 sqft | AED 828KAED 828,120 · Jun 2022June 2022 | 63,393 /yr | |
| 306 | 1-bed | 704 sqft | AED 742KAED 741,600 · Jun 2022June 2022 | 70,000 /yr | |
| 307 | 1-bed | 751 sqft | AED 853KAED 852,840 · Jun 2022June 2022 | 65,000 /yr | |
| 308 | 1-bed | 568 sqft | AED 584KAED 584,010 · Jun 2022June 2022 | 60,637 /yr | |
| 309 | 2-bed | 998 sqft | AED 1.03MAED 1,034,120 · Jun 2022June 2022 | 120,000 /yr | |
| 310 | 1-bed | 702 sqft | AED 730KAED 730,270 · Jun 2022June 2022 | 70,000 /yr | |
| 311 | 2-bed | 945 sqft | AED 1.11MAED 1,112,400 · Jun 2022June 2022 | 105,000 /yr | |
| 312 | 2-bed | 1,163 sqft | AED 1.23MAED 1,225,700 · Jun 2022June 2022 | 105,000 /yr |
302, Flamingo Residence in numbers
- Sold once: by the developer on 16 June 2022 for AED 638,600, or AED 1,035 per sqft.
- Rented since August 2022 on 2 Ejari contracts, from AED 50,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2022 price is 11.7%.
Source: Dubai Land Department. Updated 7 September 2024.
Questions about 302, Flamingo Residence
What did unit 302 last sell for?
AED 638,600 on 16 June 2022, sold by the developer: AED 1,035 per sqft for 617 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 75,000 a year on the contract signed on 7 September 2024. The previous contract, from August 2022, was AED 50,000.
How big is unit 302?
617 sqft (57.3 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower.
What is unit 302 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 302, Flamingo Residence
Starts from the last sale price (AED 639K, 16 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 638,600
- Deposit, UAE resident (20%)
- AED 127,720
- Deposit, non-resident (40%)
- AED 255,440
- Monthly over 25 years at 3.7%
- AED 2,613
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →