502, Kamoon 2
Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Kamoon 2
What is 502 worth today?
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Source: Dubai Land Department. Updated 5 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,418 sqft
- Floor
- 5th of 8
- Parking
- B-3125
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 27,900 /yr
- Last sold
- AED 2.47M · May 2023
- Building
- Kamoon 2
About 502, Kamoon 2
502 is a two-bedroom apartment of 1,418 sqft on the 5th floor of Kamoon 2, a 8-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 5 May 2023 for AED 2,470,000, or AED 1,741 per sqft, 18% above the AED 1,480 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 25 October 2022, is AED 120,750 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 27,900 a year.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the two-bed median of each year in the building.
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 502 sits
All 15 2-beds →502 last sold in May 2023 at AED 1,741 per sqft, 18% above what two-beds in Kamoon 2 were fetching at the time (AED 1,480). 502's AED 120,750 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Mar 20256 March 2025 | 1,432 sqft | 4,100,000 | 2,863 | ||
| 9 Sep 20249 September 2024 | 1,404 sqft | 3,050,000 | 2,172 | ||
| 11 Jul 202411 July 2024 | 1,432 sqft | 2,475,000 | 1,728 | ||
| 24 Oct 202324 October 2023 | 1,404 sqft | 2,250,000 | 1,602 |
Kamoon 2
Building39 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%
Other units on the 5th floor
All 39 units in Kamoon 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 901 sqft | AED 1.2MAED 1,196,888 · Sep 2010September 2010 | 100,000 /yr | |
| 503 | 1-bed | 1,203 sqft | AED 1.2MAED 1,200,000 · Nov 2020November 2020 | 125,000 /yr | |
| 504 | 3-bed | 1,967 sqft | AED 3.3MAED 3,300,000 · Jul 2022July 2022 | 165,407 /yr | |
| 505 | 2-bed | 1,404 sqft | AED 2.16MAED 2,156,888 · Aug 2010August 2010 | 155,000 /yr |
502, Kamoon 2 in numbers
- Sold twice: first on 2 September 2010 for AED 1,936,888, last on 5 May 2023 for AED 2,470,000 (AED 1,741 per sqft).
- Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 140,800 to AED 85,000 in 2020 and recovered to AED 120,750 by October 2022.
- At AED 120,750 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 27,900 a year (AED 19.67 per sqft).
Source: Dubai Land Department. Updated 5 May 2023.
Questions about 502, Kamoon 2
What did unit 502 last sell for?
AED 2,470,000 on 5 May 2023: AED 1,741 per sqft for 1,418 sqft. The unit has 2 registered sales; the first was AED 1,936,888 in September 2010.
What is the rent for unit 502?
AED 120,750 a year on the contract renewed on 25 October 2022. The previous contract, from October 2021, was AED 115,000; the unit has been rented since September 2013.
How big is unit 502?
1,418 sqft (131.7 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2006.
What is unit 502 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 502, Kamoon 2
Starts from the last sale price (AED 2.47M, 5 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,470,000
- Deposit, UAE resident (20%)
- AED 494,000
- Deposit, non-resident (40%)
- AED 988,000
- Monthly over 25 years at 3.7%
- AED 10,106
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →