2-bed · 1,451 sqftKamoon 1, The Old Town · 4th floor · completed 2006

404, Kamoon 1

Sold prices and rental history: sold 3 times, last in September 2021, and rented once, from November 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 5 September 2021
Last soldAED 2.1M5 September 2021
Current rentAED 135K /yr10 November 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Kamoon 1

What is 404 worth today?

Last sold for AED 2,100,000 in 2021

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5 Sep 2021SoldReady
AED 2,100,000AED 1,447 per sqft
13 Jan 2014SoldReady
AED 2,550,000AED 1,757 per sqft
10 Nov 2013RentedNew contract
AED 135,000/yr12 months · AED 93 per sqft
10 Oct 2010Sold by developerReady
AED 2,460,888AED 1,696 per sqft

Source: Dubai Land Department. Updated 5 September 2021.

Key facts

Type
2-bed apartment
Size
1,451 sqft
Floor
4th of 4
Parking
B-3037
Developer
Emaar
Completed
2006
Service charge
AED 28,500 /yr
Last sold
AED 2.1M · September 2021
Building
Kamoon 1

About 404, Kamoon 1

404 is a two-bedroom apartment of 1,451 sqft on the 4th floor of Kamoon 1, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 5 September 2021 for AED 2,100,000, or AED 1,447 per sqft, 10% above the AED 1,315 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 November 2013. The current contract, signed on 10 November 2013, is AED 135,000 a year: a gross yield of 6.4% on the 2021 price, before the service charge of about AED 28,500 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Kamoon 1
2M3M2009201320172021Typical 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, October 2010: AED 2,460,888 (AED 1,696 per sqft)Sold, January 2014: AED 2,550,000 (AED 1,757 per sqft)Sold, September 2021: AED 2,100,000 (AED 1,447 per sqft)

404 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 404, 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, November 2013: AED 135,000 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 404 sits

All 23 2-beds →

404 last sold in September 2021 at AED 1,447 per sqft, 10% above what two-beds in Kamoon 1 were fetching at the time (AED 1,315). 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. 404's AED 135,000 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 4th floor

All 68 units in Kamoon 1
Value
4012-bedAED 2.39M · Mar 2023
4021-bedAED 1.23M · Jun 2009
4051-bedAED 2.37M · Jan 2026
4061-bedAED 1.95M · Aug 2013
4112-bedAED 1.68M · Jun 2009
4121-bedAED 2.05M · Nov 2025
403A1-bedAED 1.3M · Mar 2019
1–7 of 8

404, Kamoon 1 in numbers

  • Sold 3 times: first on 10 October 2010 for AED 2,460,888, last on 5 September 2021 for AED 2,100,000 (AED 1,447 per sqft).
  • Rented since November 2013 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2021 price is 6.4%, before a service charge of about AED 28,500 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 5 September 2021.

Questions about 404, Kamoon 1

What did unit 404 last sell for?

AED 2,100,000 on 5 September 2021: AED 1,447 per sqft for 1,451 sqft. The unit has 3 registered sales; the first was AED 2,460,888 in October 2010.

What is the rent for unit 404?

AED 135,000 a year on the contract signed on 10 November 2013.

How big is unit 404?

1,451 sqft (134.8 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2006.

What is unit 404 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 404, Kamoon 1

Starts from the last sale price (AED 2.1M, 5 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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