2-bed · 1,418 sqftKamoon 2, The Old Town · 3rd floor · completed 2006

302, Kamoon 2

Sold prices and rental history: sold 5 times, last in August 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 2M3 August 2022
Current rentAED 177K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Kamoon 2

What is 302 worth today?

Last sold for AED 2,000,000 in 2022

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1 Nov 2024RentedRenewal
AED 176,567/yr7 months · AED 125 per sqft
1 Nov 2023RentedNew contract
AED 170,000/yr12 months · AED 120 per sqft
3 Aug 2022SoldReady
AED 2,000,000AED 1,410 per sqft
1 Jul 2021RentedRenewal
AED 105,000/yr12 months · AED 74 per sqft
1 Jul 2020RentedRenewal
AED 100,000/yr12 months · AED 71 per sqft
1 Jul 2019RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
10 Apr 2018RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
10 Apr 2017RentedNew contract
AED 142,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
2-bed apartment
Size
1,418 sqft
Floor
3rd of 8
Parking
B-3118
Developer
Emaar
Completed
2006
Service charge
AED 27,900 /yr
Last sold
AED 2M · August 2022
Building
Kamoon 2

About 302, Kamoon 2

302 is a two-bedroom apartment of 1,418 sqft on the 3rd floor of Kamoon 2, a 8-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 3 August 2022 for AED 2,000,000, or AED 1,410 per sqft.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 176,567 a year: a gross yield of 8.8% on the 2022 price, before the service charge of about AED 27,900 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical two-bed in Kamoon 2
2M2.5M3M2009201320172021Typical sale price by year: 2009 AED 1,957,000; 2010 AED 2,114,388; 2023 AED 2,470,000Sold by developer, June 2010: AED 2,500,000 (AED 1,762 per sqft)Sold, June 2010: AED 1,906,888 (AED 1,344 per sqft)Sold, December 2013: AED 2,200,000 (AED 1,551 per sqft)Sold, August 2014: AED 2,900,000 (AED 2,045 per sqft)Sold, August 2022: AED 2,000,000 (AED 1,410 per sqft)

302 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 302, 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, August 2012: AED 141,750 a yearNew contract, April 2017: AED 142,000 a yearNew contract, April 2018: AED 130,000 a yearNew contract, July 2019: AED 100,000 a yearRenewal, July 2020: AED 100,000 a yearRenewal, July 2021: AED 105,000 a yearNew contract, November 2023: AED 170,000 a yearRenewal, November 2024: AED 176,567 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 302 sits

All 15 2-beds →

302's AED 176,567 is in the lower half 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
24 Oct 20232,250,000
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 3rd floor

All 39 units in Kamoon 2
Value
3011-bedAED 1.6M · Sep 2018
3031-bedAED 2.12M · Sep 2010
3043-bedAED 5.4M · Mar 2025
3052-bedAED 2.1M · Mar 2011

302, Kamoon 2 in numbers

  • Sold 5 times: first on 8 June 2010 for AED 1,906,888, last on 3 August 2022 for AED 2,000,000 (AED 1,410 per sqft).
  • Rented since August 2012 on 8 Ejari contracts. The rent fell from AED 141,750 to AED 100,000 in 2020 and recovered to AED 176,567 by November 2024.
  • At AED 176,567 a year the gross yield on the 2022 price is 8.8%, before a service charge of about AED 27,900 a year (AED 19.67 per sqft).

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 302, Kamoon 2

What did unit 302 last sell for?

AED 2,000,000 on 3 August 2022: AED 1,410 per sqft for 1,418 sqft. The unit has 5 registered sales; the first was AED 1,906,888 in June 2010.

What is the rent for unit 302?

AED 176,567 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 170,000; the unit has been rented since August 2012.

How big is unit 302?

1,418 sqft (131.7 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2006.

What is unit 302 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 302, Kamoon 2

Starts from the last sale price (AED 2M, 3 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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