1-bed · 914 sqftKamoon 1, The Old Town · 3rd floor · completed 2006

309B, Kamoon 1

Sold prices and rental history: sold twice, last in December 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309B · DLD and Ejari recordsUpdated 15 November 2023
Last soldAED 1.25M28 December 2021
Current rentAED 100K /yr15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309B, Kamoon 1

What is 309B worth today?

Last sold for AED 1,250,000 in 2021

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15 Nov 2023RentedRenewal
AED 100,000/yr12 months · AED 109 per sqft
15 Nov 2022RentedNew contract
AED 95,000/yr12 months · AED 104 per sqft
21 Feb 2022RentedNew contract
AED 77,000/yr12 months · AED 84 per sqft
28 Dec 2021SoldReady
AED 1,250,000AED 1,367 per sqft
21 Feb 2021RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
4 Feb 2020RentedRenewal
AED 80,000/yr12 months · AED 87 per sqft
4 Feb 2019RentedNew contract
AED 80,000/yr12 months · AED 87 per sqft
28 Jan 2018RentedRenewal
AED 115,000/yr12 months · AED 126 per sqft

Source: Dubai Land Department. Updated 15 November 2023.

Key facts

Type
1-bed apartment
Size
914 sqft
Floor
3rd of 4
Parking
B-3378
Developer
Emaar
Completed
2006
Service charge
AED 18,000 /yr
Last sold
AED 1.25M · December 2021
Building
Kamoon 1

About 309B, Kamoon 1

309B is a one-bedroom apartment of 914 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 28 December 2021 for AED 1,250,000, or AED 1,367 per sqft, in line with the AED 1,348 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 15 November 2023, is AED 100,000 a year: a gross yield of 8.0% on the 2021 price, before the service charge of about AED 18,000 a year.

Sales and rents for 309B over time

Sales
Unit 309B, 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, August 2009: AED 1,164,888 (AED 1,274 per sqft)Sold, December 2021: AED 1,250,000 (AED 1,367 per sqft)

309B has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 309B, each contractTypical one-bed in Kamoon 1
75K100K125K2012201620202024Typical 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, October 2013: AED 100,000 a yearNew contract, November 2014: AED 120,000 a yearNew contract, January 2017: AED 115,000 a yearRenewal, January 2018: AED 115,000 a yearNew contract, February 2019: AED 80,000 a yearRenewal, February 2020: AED 80,000 a yearNew contract, February 2021: AED 70,000 a yearNew contract, February 2022: AED 77,000 a yearNew contract, November 2022: AED 95,000 a yearRenewal, November 2023: AED 100,000 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 309B sits

All 45 1-beds →

309B last sold in December 2021 at AED 1,367 per sqft, in line with what one-beds in Kamoon 1 were fetching at the time (AED 1,348). 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. 309B's AED 100,000 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

309B, Kamoon 1 in numbers

  • Sold twice: first on 11 August 2009 for AED 1,164,888, last on 28 December 2021 for AED 1,250,000 (AED 1,367 per sqft).
  • Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2021 and recovered to AED 100,000 by November 2023.
  • At AED 100,000 a year the gross yield on the 2021 price is 8.0%, before a service charge of about AED 18,000 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 15 November 2023.

Questions about 309B, Kamoon 1

What did unit 309B last sell for?

AED 1,250,000 on 28 December 2021: AED 1,367 per sqft for 914 sqft. The unit has 2 registered sales; the first was AED 1,164,888 in August 2009.

What is the rent for unit 309B?

AED 100,000 a year on the contract renewed on 15 November 2023. The previous contract, from November 2022, was AED 95,000; the unit has been rented since October 2013.

How big is unit 309B?

914 sqft (84.9 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2006.

What is unit 309B 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 309B, Kamoon 1

Starts from the last sale price (AED 1.25M, 28 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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