1-bed · 568 sqftFlamingo Residence, Meydan City · 3rd floor

308, 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 308 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 584K16 June 2022
Current rentAED 61K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Flamingo Residence

What is 308 worth today?

Last sold for AED 584,010 in 2022

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15 Aug 2025RentedRenewal
AED 60,637/yr12 months · AED 106 per sqft
15 Aug 2024RentedRenewal
AED 60,637/yr12 months · AED 106 per sqft
15 Aug 2023RentedRenewal
AED 57,750/yr12 months · AED 101 per sqft
15 Aug 2022RentedNew contract
AED 55,000/yr12 months · AED 96 per sqft
16 Jun 2022Sold by developerReady
AED 584,010AED 1,028 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
1-bed apartment
Size
568 sqft
Floor
3rd of 4
Parking
G-17
Last sold
AED 584K · June 2022

About 308, Flamingo Residence

308 is a one-bedroom apartment of 568 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 584,010, or AED 1,028 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, renewed on 15 August 2025, is AED 60,637 a year: a gross yield of 10.4% on the 2022 price.

Sales and rents for 308 over time

Rents
Unit 308, 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, August 2022: AED 55,000 a yearRenewal, August 2023: AED 57,750 a yearRenewal, August 2024: AED 60,637 a yearRenewal, August 2025: AED 60,637 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 308 sits

All 28 1-beds →

308 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 1,035). 308's AED 60,637 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jun 2022828,120
16 Jun 2022828,120
16 Jun 2022636,540
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
3061-bedAED 742K · Jun 2022
3071-bedAED 853K · Jun 2022
1–7 of 11

308, Flamingo Residence in numbers

  • Sold once: by the developer on 16 June 2022 for AED 584,010, or AED 1,028 per sqft.
  • Rented since August 2022 on 4 Ejari contracts, from AED 55,000 to AED 60,637 a year.
  • At AED 60,637 a year the gross yield on the 2022 price is 10.4%.

Source: Dubai Land Department. Updated 15 August 2025.

Questions about 308, Flamingo Residence

What did unit 308 last sell for?

AED 584,010 on 16 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 308?

AED 60,637 a year on the contract renewed on 15 August 2025. The previous contract, from August 2024, was AED 60,637; the unit has been rented since August 2022.

How big is unit 308?

568 sqft (52.8 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower.

What is unit 308 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 308, Flamingo Residence

Starts from the last sale price (AED 584K, 16 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 →