2-bed · 1,413 sqftKamoon 1, The Old Town · 3rd floor · completed 2006

301, Kamoon 1

Sold prices and rental history: sold twice, last in November 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 13 November 2019
Last soldAED 1.65M13 November 2019
Current rentAED 145K /yr17 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Kamoon 1

What is 301 worth today?

Last sold for AED 1,650,000 in 2019

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13 Nov 2019SoldReady
AED 1,650,000AED 1,167 per sqft
17 Nov 2017RentedRenewal
AED 145,000/yr12 months · AED 103 per sqft
17 Nov 2016RentedNew contract
AED 145,000/yr12 months · AED 103 per sqft
10 Oct 2015RentedRenewal
AED 162,750/yr12 months · AED 115 per sqft
10 Oct 2014RentedNew contract
AED 155,000/yr12 months · AED 110 per sqft
5 Jul 2013RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
19 Jul 2010Sold by developerReady
AED 925,944AED 655 per sqft

Source: Dubai Land Department. Updated 13 November 2019.

Key facts

Type
2-bed apartment
Size
1,413 sqft
Floor
3rd of 4
Parking
B-3026
Developer
Emaar
Completed
2006
Service charge
AED 27,800 /yr
Last sold
AED 1.65M · November 2019
Building
Kamoon 1

About 301, Kamoon 1

301 is a two-bedroom apartment of 1,413 sqft on the 3rd floor of Kamoon 1, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 13 November 2019 for AED 1,650,000, or AED 1,167 per sqft, in line with the AED 1,167 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 17 November 2017, is AED 145,000 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 27,800 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical two-bed in Kamoon 1
2M2009201320172021Typical sale price by year: 2009 AED 1,681,888; 2010 AED 1,875,888; 2011 AED 1,829,388; 2012 AED 1,777,500; 2014 AED 3,175,000; 2019 AED 1,600,000; 2020 AED 1,600,000; 2021 AED 2,010,000Sold by developer, July 2010: AED 925,944 (AED 655 per sqft)Sold, November 2019: AED 1,650,000 (AED 1,167 per sqft)

301 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 301, each contractTypical two-bed in Kamoon 1
100K150K2012201620202024Typical rent by year: 2012 AED 120,750; 2013 AED 130,000; 2014 AED 157,500; 2015 AED 150,000; 2016 AED 155,000; 2017 AED 150,000; 2018 AED 145,000; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 105,000; 2022 AED 130,000; 2023 AED 145,000; 2024 AED 160,000; 2025 AED 168,000; 2026 AED 160,000New contract, July 2013: AED 130,000 a yearNew contract, October 2014: AED 155,000 a yearRenewal, October 2015: AED 162,750 a yearNew contract, November 2016: AED 145,000 a yearRenewal, November 2017: AED 145,000 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 Kamoon 1, and where 301 sits

All 23 2-beds →

301 last sold in November 2019 at AED 1,167 per sqft, in line with what two-beds in Kamoon 1 were fetching at the time (AED 1,167). Over the last 12 months two-beds sold for AED 2,500,000 to 3,550,000, around AED 1,960 per sqft, and rent for AED 125,000 to 190,000 a year. 301's AED 145,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Aug 20262,500,000
7 Aug 20263,550,000
7 Aug 20243,300,000
14 Jun 20242,725,000
2 2-bed sales in the last 12 months

Kamoon 1

Building

68 apartments, 1-bed to 2-bed over 4 floors in The Old Town, completed in 2006 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,296
Typical sale
AED 2.44M
Typical rent
AED 125K /yr
Typical yield
5.1%
Kamoon 1, The Old Town: prices, sales and rents →

Other units on the 3rd floor

All 68 units in Kamoon 1
Value
3021-bedAED 1.48M · Nov 2022
3042-bedAED 1.76M · Sep 2012
3051-bedAED 1.8M · Nov 2015
3061-bedAED 1.5M · Feb 2011
3072-bedAED 1.77M · Jun 2011
3102-bedAED 1.6M · Feb 2019
3112-bedAED 2.5M · Aug 2026
1–7 of 14

301, Kamoon 1 in numbers

  • Sold twice: first on 19 July 2010 for AED 925,944, last on 13 November 2019 for AED 1,650,000 (AED 1,167 per sqft).
  • Rented since July 2013 on 5 Ejari contracts, from AED 130,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2019 price is 8.8%, before a service charge of about AED 27,800 a year (AED 19.67 per sqft).
  • Two-beds in Kamoon 1 sold for AED 2,500,000–3,550,000 in the 12 months to November 2026; the building's median across all types is AED 2,296 per sqft.

Source: Dubai Land Department. Updated 13 November 2019.

Questions about 301, Kamoon 1

What did unit 301 last sell for?

AED 1,650,000 on 13 November 2019: AED 1,167 per sqft for 1,413 sqft. The unit has 2 registered sales; the first was AED 925,944 in July 2010.

What is the rent for unit 301?

AED 145,000 a year on the contract renewed on 17 November 2017. The previous contract, from November 2016, was AED 145,000; the unit has been rented since July 2013.

How big is unit 301?

1,413 sqft (131.3 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2006.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Kamoon 1 sold for AED 2,500,000 to 3,550,000 in the last 12 months, around AED 1,960 per sqft.

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Mortgage on 301, Kamoon 1

Starts from the last sale price (AED 1.65M, 13 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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