407, 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.
Property timeline for 407, Flamingo Residence
What is 407 worth today?
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Source: Dubai Land Department. Updated 3 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,183 sqft
- Floor
- 4th of 4
- Parking
- B-18, B-19
- Last sold
- AED 1.24M · June 2022
- Building
- Flamingo Residence
About 407, Flamingo Residence
407 is a two-bedroom apartment of 1,183 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 1,238,490, or AED 1,047 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 3 September 2026, is AED 103,950 a year: a gross yield of 8.4% on the 2022 price.
Sales and rents for 407 over time
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 407 sits
All 15 2-beds →407 last sold in June 2022 at AED 1,047 per sqft, in line with what two-beds in Flamingo Residence were fetching at the time (AED 1,053). 407's AED 103,950 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jun 202216 June 2022 | 1,004 sqft | 1,034,120 | 1,029 | ||
| 16 Jun 202216 June 2022 | 1,163 sqft | 1,225,700 | 1,053 | ||
| 16 Jun 202216 June 2022 | 1,619 sqft | 1,707,570 | 1,054 | ||
| 16 Jun 202216 June 2022 | 1,081 sqft | 1,132,400 | 1,047 |
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 4th floor
All 43 units in Flamingo Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,464 sqft | AED 1.55MAED 1,547,920 · Jun 2022June 2022 | 111,000 /yr | |
| 402 | 1-bed | 756 sqft | AED 779KAED 778,680 · Jun 2022June 2022 | 68,250 /yr | |
| 403 | 2-bed | 1,654 sqft | AED 1.74MAED 1,743,620 · Jun 2022June 2022 | 105,000 /yr | |
| 404 | 2-bed | 1,472 sqft | AED 1.56MAED 1,556,160 · Jun 2022June 2022 | 120,000 /yr | |
| 405 | 2-bed | 1,081 sqft | AED 1.13MAED 1,132,400 · Jun 2022June 2022 | 115,000 /yr | |
| 406 | 2-bed | 1,619 sqft | AED 1.71MAED 1,707,570 · Jun 2022June 2022 | 120,000 /yr |
407, Flamingo Residence in numbers
- Sold once: by the developer on 16 June 2022 for AED 1,238,490, or AED 1,047 per sqft.
- Rented since September 2022 on 5 Ejari contracts, from AED 90,000 to AED 103,950 a year.
- At AED 103,950 a year the gross yield on the 2022 price is 8.4%.
Source: Dubai Land Department. Updated 3 September 2026.
Questions about 407, Flamingo Residence
What did unit 407 last sell for?
AED 1,238,490 on 16 June 2022, sold by the developer: AED 1,047 per sqft for 1,183 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 103,950 a year on the contract renewed on 3 September 2026. The previous contract, from September 2025, was AED 103,950; the unit has been rented since September 2022.
How big is unit 407?
1,183 sqft (109.9 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower.
What is unit 407 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 407, Flamingo Residence
Starts from the last sale price (AED 1.24M, 16 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,238,490
- Deposit, UAE resident (20%)
- AED 247,698
- Deposit, non-resident (40%)
- AED 495,396
- Monthly over 25 years at 3.7%
- AED 5,067
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →