1-bed · 901 sqftKamoon 2, The Old Town · 4th floor · completed 2006

401, Kamoon 2

Sold prices and rental history: sold twice, last in December 2016, and rented once, from September 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 15 December 2016
Last soldAED 1.6M15 December 2016
Current rentAED 95K /yr22 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Kamoon 2

What is 401 worth today?

Last sold for AED 1,600,000 in 2016

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15 Dec 2016SoldReady
AED 1,600,000AED 1,775 per sqft
22 Sep 2013RentedNew contract
AED 95,000/yr12 months · AED 105 per sqft
9 Aug 2009Sold by developerReady
AED 587,944AED 652 per sqft

Source: Dubai Land Department. Updated 15 December 2016.

Key facts

Type
1-bed apartment
Size
901 sqft
Floor
4th of 8
Parking
B-3155
Developer
Emaar
Completed
2006
Service charge
AED 17,700 /yr
Last sold
AED 1.6M · December 2016
Building
Kamoon 2

About 401, Kamoon 2

401 is a one-bedroom apartment of 901 sqft on the 4th floor of Kamoon 2, a 8-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 15 December 2016 for AED 1,600,000, or AED 1,775 per sqft.

One Ejari contract is registered, from 22 September 2013. The current contract, signed on 22 September 2013, is AED 95,000 a year: a gross yield of 5.9% on the 2016 price, before the service charge of about AED 17,700 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical one-bed in Kamoon 2
1M2M2009201220152018Typical sale price by year: 2010 AED 2,100,888; 2012 AED 1,337,888; 2013 AED 1,725,000; 2018 AED 1,600,000Sold by developer, August 2009: AED 587,944 (AED 652 per sqft)Sold, December 2016: AED 1,600,000 (AED 1,775 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in Kamoon 2
100K2013201720212025Typical rent by year: 2013 AED 95,000; 2014 AED 125,000; 2015 AED 122,616; 2016 AED 119,669; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 85,000; 2020 AED 77,000; 2021 AED 74,000; 2022 AED 96,022; 2023 AED 108,000; 2024 AED 121,000; 2025 AED 135,741; 2026 AED 125,000New contract, September 2013: AED 95,000 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 2, and where 401 sits

All 14 1-beds →

Over the last 12 months one-beds sold for AED 2,475,000, around AED 2,057 per sqft, and rent for AED 100,000 to 193,247 a year. 401's AED 95,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 20262,475,000
22 Aug 20241,970,000
25 Apr 20242,175,000
19 Sep 20221,400,000
1 1-bed sale 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 4th floor

All 39 units in Kamoon 2
Value
4022-bedAED 3.2M · May 2015
4031-bedAED 2.14M · Sep 2010
4043-bedAED 2.53M · Sep 2011
4052-bedAED 2.15M · Feb 2010

401, Kamoon 2 in numbers

  • Sold twice: first on 9 August 2009 for AED 587,944, last on 15 December 2016 for AED 1,600,000 (AED 1,775 per sqft).
  • Rented since September 2013 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2016 price is 5.9%, before a service charge of about AED 17,700 a year (AED 19.67 per sqft).
  • One-beds in Kamoon 2 sold for AED 2,475,000–2,475,000 in the 12 months to November 2026; the building's median across all types is AED 2,057 per sqft.

Source: Dubai Land Department. Updated 15 December 2016.

Questions about 401, Kamoon 2

What did unit 401 last sell for?

AED 1,600,000 on 15 December 2016: AED 1,775 per sqft for 901 sqft. The unit has 2 registered sales; the first was AED 587,944 in August 2009.

What is the rent for unit 401?

AED 95,000 a year on the contract signed on 22 September 2013.

How big is unit 401?

901 sqft (83.7 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2006.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Kamoon 2 sold for AED 2,475,000 to 2,475,000 in the last 12 months, around AED 2,057 per sqft.

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Mortgage on 401, Kamoon 2

Starts from the last sale price (AED 1.6M, 15 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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