2-bed · 1,464 sqftFlamingo Residence, Meydan City · 4th floor

401, 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 401 · DLD and Ejari recordsUpdated 29 August 2025
Last soldAED 1.55M16 June 2022
Current rentAED 111K /yr29 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Flamingo Residence

What is 401 worth today?

Last sold for AED 1,547,920 in 2022

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29 Aug 2025RentedRenewal
AED 111,000/yr12 months · AED 76 per sqft
29 Aug 2024RentedNew contract
AED 111,000/yr12 months · AED 76 per sqft
29 Aug 2024RentedRenewal
AED 105,000/yr12 months · AED 72 per sqft
29 Aug 2023RentedRenewal
AED 105,000/yr12 months · AED 72 per sqft
29 Aug 2022RentedNew contract
AED 105,000/yr12 months · AED 72 per sqft
16 Jun 2022Sold by developerReady
AED 1,547,920AED 1,057 per sqft

Source: Dubai Land Department. Updated 29 August 2025.

Key facts

Type
2-bed apartment
Size
1,464 sqft
Floor
4th of 4
Parking
B-12, B-13
Last sold
AED 1.55M · June 2022

About 401, Flamingo Residence

401 is a two-bedroom apartment of 1,464 sqft on the 4th floor of Flamingo Residence, a 4-storey tower in Meydan City. The developer sold it on 16 June 2022 for AED 1,547,920, or AED 1,057 per sqft, in line with the AED 1,053 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 29 August 2025, is AED 111,000 a year: a gross yield of 7.2% on the 2022 price.

Sales and rents for 401 over time

Rents
Unit 401, each contractTypical two-bed in Flamingo Residence
100K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 100,000; 2024 AED 105,000; 2025 AED 113,000; 2026 AED 105,000New contract, August 2022: AED 105,000 a yearRenewal, August 2023: AED 105,000 a yearNew contract, August 2024: AED 111,000 a yearRenewal, August 2024: AED 105,000 a yearRenewal, August 2025: AED 111,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Flamingo Residence, and where 401 sits

All 15 2-beds →

401 last sold in June 2022 at AED 1,057 per sqft, in line with what two-beds in Flamingo Residence were fetching at the time (AED 1,053). 401's AED 111,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jun 20221,034,120
16 Jun 20221,225,700
16 Jun 20221,238,490
16 Jun 20221,707,570
0 2-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 4th floor

All 43 units in Flamingo Residence
Value
4021-bedAED 779K · Jun 2022
4032-bedAED 1.74M · Jun 2022
4042-bedAED 1.56M · Jun 2022
4052-bedAED 1.13M · Jun 2022
4062-bedAED 1.71M · Jun 2022
4072-bedAED 1.24M · Jun 2022

401, Flamingo Residence in numbers

  • Sold once: by the developer on 16 June 2022 for AED 1,547,920, or AED 1,057 per sqft.
  • Rented since August 2022 on 5 Ejari contracts, from AED 105,000 to AED 111,000 a year.
  • At AED 111,000 a year the gross yield on the 2022 price is 7.2%.

Source: Dubai Land Department. Updated 29 August 2025.

Questions about 401, Flamingo Residence

What did unit 401 last sell for?

AED 1,547,920 on 16 June 2022, sold by the developer: AED 1,057 per sqft for 1,464 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 111,000 a year on the contract renewed on 29 August 2025. The previous contract, from August 2024, was AED 111,000; the unit has been rented since August 2022.

How big is unit 401?

1,464 sqft (136.0 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower.

What is unit 401 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 401, Flamingo Residence

Starts from the last sale price (AED 1.55M, 16 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,547,920
Deposit, UAE resident (20%)
AED 309,584
Deposit, non-resident (40%)
AED 619,168
Monthly over 25 years at 3.7%
AED 6,333

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