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1-bed · 866 sqftKamoon 1, The Old Town · 3rd floor · completed 2006

308B, Kamoon 1

Sold prices and rental history: sold twice, last in August 2018, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308B · DLD and Ejari recordsUpdated 14 August 2018
Last soldAED 1.39M14 August 2018
Current rentAED 103K /yr5 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308B, Kamoon 1

What is 308B worth today?

Last sold for AED 1,385,000 in 2018

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14 Aug 2018SoldReady
AED 1,385,000AED 1,599 per sqft
5 Aug 2017RentedNew contract
AED 103,000/yr12 months · AED 120 per sqft
5 Aug 2015RentedNew contract
AED 120,000/yr12 months · AED 139 per sqft
5 Aug 2014RentedNew contract
AED 120,000/yr12 months · AED 139 per sqft
29 Dec 2010Sold by developerReady
AED 1,104,888AED 1,275 per sqft

Source: Dubai Land Department. Updated 14 August 2018.

Key facts

Type
1-bed apartment
Size
866 sqft
Floor
3rd of 4
Parking
B-3393
Developer
Emaar
Completed
2006
Service charge
AED 17,000 /yr
Last sold
AED 1.39M · August 2018
Building
Kamoon 1

About 308B, Kamoon 1

308B is a one-bedroom apartment of 866 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 14 August 2018 for AED 1,385,000, or AED 1,599 per sqft.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 5 August 2017, is AED 103,000 a year: a gross yield of 7.4% on the 2018 price, before the service charge of about AED 17,000 a year.

Sales and rents for 308B over time

Sales
Unit 308B, each saleTypical one-bed in Kamoon 1
1M2M2009201420192024Typical sale price by year: 2009 AED 1,303,888; 2010 AED 1,411,888; 2011 AED 1,197,888; 2012 AED 1,200,000; 2013 AED 1,555,444; 2014 AED 1,800,000; 2015 AED 1,800,000; 2016 AED 1,962,500; 2019 AED 1,162,500; 2021 AED 1,200,000; 2022 AED 1,487,500; 2023 AED 1,650,000; 2024 AED 1,850,000; 2025 AED 2,501,000Sold by developer, December 2010: AED 1,104,888 (AED 1,275 per sqft)Sold, August 2018: AED 1,385,000 (AED 1,599 per sqft)

308B has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 308B, each contractTypical one-bed in Kamoon 1
80K100K120K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 102,500; 2014 AED 111,000; 2015 AED 115,250; 2016 AED 120,000; 2017 AED 119,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 82,000; 2021 AED 85,000; 2022 AED 85,000; 2023 AED 98,000; 2024 AED 113,500; 2025 AED 120,000; 2026 AED 118,000New contract, August 2014: AED 120,000 a yearNew contract, August 2015: AED 120,000 a yearNew contract, August 2017: AED 103,000 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 Kamoon 1, and where 308B sits

All 45 1-beds →

Over the last 12 months one-beds sold for AED 2,050,000 to 3,200,000, around AED 2,499 per sqft, and rent for AED 90,000 to 185,000 a year. 308B's AED 103,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 May 20262,375,000
27 Jan 20262,370,000
26 Nov 20253,200,000
12 Nov 20252,050,000
4 1-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
3012-bedAED 1.65M · Nov 2019
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
1–7 of 14

308B, Kamoon 1 in numbers

  • Sold twice: first on 29 December 2010 for AED 1,104,888, last on 14 August 2018 for AED 1,385,000 (AED 1,599 per sqft).
  • Rented since August 2014 on 3 Ejari contracts, from AED 120,000 to AED 103,000 a year.
  • At AED 103,000 a year the gross yield on the 2018 price is 7.4%, before a service charge of about AED 17,000 a year (AED 19.67 per sqft).
  • One-beds in Kamoon 1 sold for AED 2,050,000–3,200,000 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 14 August 2018.

Questions about 308B, Kamoon 1

What did unit 308B last sell for?

AED 1,385,000 on 14 August 2018: AED 1,599 per sqft for 866 sqft. The unit has 2 registered sales; the first was AED 1,104,888 in December 2010.

What is the rent for unit 308B?

AED 103,000 a year on the contract signed on 5 August 2017. The previous contract, from August 2015, was AED 120,000; the unit has been rented since August 2014.

How big is unit 308B?

866 sqft (80.5 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2006.

What is unit 308B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Kamoon 1 sold for AED 2,050,000 to 3,200,000 in the last 12 months, around AED 2,499 per sqft.

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Mortgage on 308B, Kamoon 1

Starts from the last sale price (AED 1.39M, 14 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,385,000
Deposit, UAE resident (20%)
AED 277,000
Deposit, non-resident (40%)
AED 554,000
Monthly over 25 years at 3.7%
AED 5,666

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