1-bed · 704 sqftFlamingo Residence, Meydan City · 3rd floor

306, 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 306 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 742K16 June 2022
Current rentAED 70K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Flamingo Residence

What is 306 worth today?

Last sold for AED 741,600 in 2022

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1 Dec 2025RentedNew contract
AED 70,000/yr12 months · AED 100 per sqft
1 Oct 2024RentedRenewal
AED 68,250/yr12 months · AED 98 per sqft
1 Oct 2023RentedNew contract
AED 65,000/yr12 months · AED 93 per sqft
1 Sep 2022RentedNew contract
AED 50,000/yr12 months · AED 71 per sqft
16 Jun 2022Sold by developerReady
AED 741,600AED 1,052 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
1-bed apartment
Size
704 sqft
Floor
3rd of 4
Parking
G-8
Last sold
AED 742K · June 2022

About 306, Flamingo Residence

306 is a one-bedroom apartment of 704 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 741,600, or AED 1,052 per sqft, in line with the AED 1,035 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 December 2025, is AED 70,000 a year: a gross yield of 9.4% on the 2022 price.

Sales and rents for 306 over time

Rents
Unit 306, each contractTypical one-bed in Flamingo Residence
50K60K70K202220242026Typical 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 50,000 a yearNew contract, October 2023: AED 65,000 a yearRenewal, October 2024: AED 68,250 a yearNew contract, December 2025: 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 306 sits

All 28 1-beds →

306 last sold in June 2022 at AED 1,052 per sqft, in line with what one-beds in Flamingo Residence were fetching at the time (AED 1,035). 306'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 3rd floor

All 43 units in Flamingo Residence
Value
3011-bedAED 637K · Jun 2022
3021-bedAED 639K · Jun 2022
3031-bedAED 767K · Jun 2022
3041-bedAED 746K · Jun 2022
3051-bedAED 828K · Jun 2022
3071-bedAED 853K · Jun 2022
3081-bedAED 584K · Jun 2022
1–7 of 11

306, Flamingo Residence in numbers

  • Sold once: by the developer on 16 June 2022 for AED 741,600, or AED 1,052 per sqft.
  • Rented since September 2022 on 4 Ejari contracts, from AED 50,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 9.4%.

Source: Dubai Land Department. Updated 1 December 2025.

Questions about 306, Flamingo Residence

What did unit 306 last sell for?

AED 741,600 on 16 June 2022, sold by the developer: AED 1,052 per sqft for 704 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 70,000 a year on the contract signed on 1 December 2025. The previous contract, from October 2024, was AED 68,250; the unit has been rented since September 2022.

How big is unit 306?

704 sqft (65.4 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower.

What is unit 306 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 306, Flamingo Residence

Starts from the last sale price (AED 742K, 16 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 741,600
Deposit, UAE resident (20%)
AED 148,320
Deposit, non-resident (40%)
AED 296,640
Monthly over 25 years at 3.7%
AED 3,034

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