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2-bed · 1,404 sqftKamoon 2, The Old Town · 2nd floor · completed 2006

205, Kamoon 2

Sold prices and rental history: sold 3 times, last in October 2023, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 24 October 2023
Last soldAED 2.25M24 October 2023
Current rentAED 120K /yr2 June 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 205, Kamoon 2

What is 205 worth today?

Last sold for AED 2,250,000 in 2023

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24 Oct 2023SoldReady
AED 2,250,000AED 1,602 per sqft
3 Aug 2023SoldReady
AED 2,600,000AED 1,851 per sqft
2 Jun 2014RentedNew contract
AED 120,175/yr12 months · AED 86 per sqft
2 Jun 2013RentedNew contract
AED 104,500/yr12 months · AED 75 per sqft
2 Jun 2012RentedNew contract
AED 95,000/yr12 months · AED 68 per sqft
2 Sep 2010Sold by developerReady
AED 2,077,888AED 1,479 per sqft

Source: Dubai Land Department. Updated 24 October 2023.

Key facts

Type
2-bed apartment
Size
1,404 sqft
Floor
2nd of 8
Parking
B-3117
Developer
Emaar
Completed
2006
Service charge
AED 27,600 /yr
Last sold
AED 2.25M · October 2023
Building
Kamoon 2

About 205, Kamoon 2

205 is a two-bedroom apartment of 1,404 sqft on the 2nd floor of Kamoon 2, a 8-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 24 October 2023 for AED 2,250,000, or AED 1,602 per sqft, 8% below the AED 1,741 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 2 June 2014, is AED 120,175 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 27,600 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical two-bed in Kamoon 2
2M2.5M2009201320172021Typical sale price by year: 2009 AED 1,957,000; 2010 AED 2,114,388; 2023 AED 2,470,000Sold by developer, September 2010: AED 2,077,888 (AED 1,479 per sqft)Sold, August 2023: AED 2,600,000 (AED 1,851 per sqft)Sold, October 2023: AED 2,250,000 (AED 1,602 per sqft)

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

Rents
Unit 205, each contractTypical two-bed in Kamoon 2
100K150K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 136,000; 2014 AED 147,500; 2015 AED 160,000; 2016 AED 170,000; 2017 AED 165,000; 2018 AED 150,000; 2019 AED 133,000; 2020 AED 107,500; 2021 AED 110,000; 2022 AED 115,500; 2023 AED 125,000; 2024 AED 172,500; 2025 AED 185,000; 2026 AED 158,812New contract, June 2012: AED 95,000 a yearNew contract, June 2013: AED 104,500 a yearNew contract, June 2014: AED 120,175 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 2, and where 205 sits

All 15 2-beds →

205 last sold in October 2023 at AED 1,602 per sqft, 8% below what two-beds in Kamoon 2 were fetching at the time (AED 1,741). 205's AED 120,175 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Mar 20254,100,000
9 Sep 20243,050,000
11 Jul 20242,475,000
5 May 20232,470,000
0 2-bed sales in the last 12 months

Kamoon 2

Building

39 apartments, 1-bed to 4-bed over 8 floors in The Old Town, completed in 2006 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 2,057
Typical sale
AED 2.48M
Typical rent
AED 157K /yr
Typical yield
5.3%
Kamoon 2, The Old Town: prices, sales and rents →

Other units on the 2nd floor

All 39 units in Kamoon 2
Value
2011-bedAED 1.46M · Sep 2015
2022-bedAED 1.96M · Sep 2009
2031-bedAED 1.97M · Aug 2024
2043-bedAED 2.88M · Dec 2009

205, Kamoon 2 in numbers

  • Sold 3 times: first on 2 September 2010 for AED 2,077,888, last on 24 October 2023 for AED 2,250,000 (AED 1,602 per sqft).
  • Rented since June 2012 on 3 Ejari contracts, from AED 95,000 to AED 120,175 a year.
  • At AED 120,175 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 27,600 a year (AED 19.67 per sqft).

Source: Dubai Land Department. Updated 24 October 2023.

Questions about 205, Kamoon 2

What did unit 205 last sell for?

AED 2,250,000 on 24 October 2023: AED 1,602 per sqft for 1,404 sqft. The unit has 3 registered sales; the first was AED 2,077,888 in September 2010.

What is the rent for unit 205?

AED 120,175 a year on the contract signed on 2 June 2014. The previous contract, from June 2013, was AED 104,500; the unit has been rented since June 2012.

How big is unit 205?

1,404 sqft (130.4 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2006.

What is unit 205 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 205, Kamoon 2

Starts from the last sale price (AED 2.25M, 24 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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