2-bed · 1,472 sqftFlamingo Residence, Meydan City · 4th floor

404, 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 404 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 1.56M16 June 2022
Current rentAED 120K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Flamingo Residence

What is 404 worth today?

Last sold for AED 1,556,160 in 2022

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1 Mar 2026RentedRenewal
AED 120,000/yr12 months · AED 82 per sqft
1 Mar 2026RentedRenewal
AED 120,000/yr12 months · AED 81 per sqft
1 Mar 2025RentedNew contract
AED 120,000/yr12 months · AED 81 per sqft
1 Mar 2025RentedNew contract
AED 120,000/yr12 months · AED 81 per sqft
3 Apr 2024RentedRenewal
AED 115,500/yr12 months · AED 78 per sqft
3 Apr 2023RentedNew contract
AED 110,000/yr12 months · AED 75 per sqft
23 Aug 2022RentedNew contract
AED 110,000/yr12 months · AED 75 per sqft
16 Jun 2022Sold by developerReady
AED 1,556,160AED 1,057 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
1,472 sqft
Floor
4th of 4
Parking
B-4, B-5
Last sold
AED 1.56M · June 2022

About 404, Flamingo Residence

404 is a two-bedroom apartment of 1,472 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 1,556,160, 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 7 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 120,000 a year: a gross yield of 7.7% on the 2022 price.

Sales and rents for 404 over time

Rents
Unit 404, each contractTypical two-bed in Flamingo Residence
100K120K202220242026Typical 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 110,000 a yearNew contract, April 2023: AED 110,000 a yearRenewal, April 2024: AED 115,500 a yearNew contract, March 2025: AED 120,000 a yearNew contract, March 2025: AED 120,000 a yearRenewal, March 2026: AED 120,000 a yearRenewal, March 2026: AED 120,000 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 404 sits

All 15 2-beds →

404 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). 404's AED 120,000 is at the top 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
4012-bedAED 1.55M · Jun 2022
4021-bedAED 779K · Jun 2022
4032-bedAED 1.74M · Jun 2022
4052-bedAED 1.13M · Jun 2022
4062-bedAED 1.71M · Jun 2022
4072-bedAED 1.24M · Jun 2022

404, Flamingo Residence in numbers

  • Sold once: by the developer on 16 June 2022 for AED 1,556,160, or AED 1,057 per sqft.
  • Rented since August 2022 on 7 Ejari contracts, from AED 110,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 7.7%.

Source: Dubai Land Department. Updated 1 March 2026.

Questions about 404, Flamingo Residence

What did unit 404 last sell for?

AED 1,556,160 on 16 June 2022, sold by the developer: AED 1,057 per sqft for 1,472 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 120,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2026, was AED 120,000; the unit has been rented since August 2022.

How big is unit 404?

1,472 sqft (136.8 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower.

What is unit 404 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 404, Flamingo Residence

Starts from the last sale price (AED 1.56M, 16 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,556,160
Deposit, UAE resident (20%)
AED 311,232
Deposit, non-resident (40%)
AED 622,464
Monthly over 25 years at 3.7%
AED 6,367

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