2-bed · 1,404 sqftKamoon 2, The Old Town · 5th floor · completed 2006

505, Kamoon 2

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 2.16M12 August 2010
Current rentAED 155K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Kamoon 2

What is 505 worth today?

Last sold for AED 2,156,888 in 2010

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1 Aug 2026RentedNew contract
AED 155,000/yr12 months · AED 110 per sqft
1 Sep 2025RentedNew contract
AED 185,000/yr12 months · AED 132 per sqft
1 Sep 2024RentedNew contract
AED 185,000/yr12 months · AED 132 per sqft
15 Jul 2022RentedNew contract
AED 130,000/yr12 months · AED 93 per sqft
1 Sep 2021RentedNew contract
AED 125,000/yr12 months · AED 89 per sqft
2 Jul 2020RentedRenewal
AED 125,000/yr12 months · AED 89 per sqft
2 Oct 2019RentedRenewal
AED 150,000/yr9 months · AED 107 per sqft
2 Oct 2018RentedRenewal
AED 150,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed apartment
Size
1,404 sqft
Floor
5th of 8
Parking
B-3127, B-3128
Developer
Emaar
Completed
2006
Service charge
AED 27,600 /yr
Last sold
AED 2.16M · August 2010
Building
Kamoon 2

About 505, Kamoon 2

505 is a two-bedroom apartment of 1,404 sqft on the 5th floor of Kamoon 2, a 8-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 12 August 2010 for AED 2,156,888, or AED 1,536 per sqft, 5% above the AED 1,459 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 1 August 2026, is AED 155,000 a year: a gross yield of 7.2% on the 2010 price, before the service charge of about AED 27,600 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Kamoon 2
2M2.25M2.5M2009201320172021Typical sale price by year: 2009 AED 1,957,000; 2010 AED 2,114,388; 2023 AED 2,470,000Sold by developer, August 2010: AED 2,156,888 (AED 1,536 per sqft)

505 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 505, each contractTypical two-bed in Kamoon 2
100K150K2012201620202024Typical 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, October 2014: AED 170,000 a yearNew contract, October 2016: AED 170,000 a yearRenewal, October 2017: AED 170,000 a yearRenewal, October 2018: AED 150,000 a yearRenewal, October 2019: AED 150,000 a yearRenewal, July 2020: AED 125,000 a yearNew contract, September 2021: AED 125,000 a yearNew contract, July 2022: AED 130,000 a yearNew contract, September 2024: AED 185,000 a yearNew contract, September 2025: AED 185,000 a yearNew contract, August 2026: AED 155,000 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 2, and where 505 sits

All 15 2-beds →

505 last sold in August 2010 at AED 1,536 per sqft, 5% above what two-beds in Kamoon 2 were fetching at the time (AED 1,459). 505's AED 155,000 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 5th floor

All 39 units in Kamoon 2
Value
5011-bedAED 1.2M · Sep 2010
5022-bedAED 2.47M · May 2023
5031-bedAED 1.2M · Nov 2020
5043-bedAED 3.3M · Jul 2022

505, Kamoon 2 in numbers

  • Sold once: by Emaar on 12 August 2010 for AED 2,156,888, or AED 1,536 per sqft.
  • Rented since October 2014 on 11 Ejari contracts. The rent fell from AED 170,000 to AED 125,000 in 2021 and recovered to AED 155,000 by August 2026.
  • At AED 155,000 a year the gross yield on the 2010 price is 7.2%, before a service charge of about AED 27,600 a year (AED 19.67 per sqft).

Source: Dubai Land Department. Updated 1 August 2026.

Questions about 505, Kamoon 2

What did unit 505 last sell for?

AED 2,156,888 on 12 August 2010, sold by the developer: AED 1,536 per sqft for 1,404 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 155,000 a year on the contract signed on 1 August 2026. The previous contract, from September 2025, was AED 185,000; the unit has been rented since October 2014.

How big is unit 505?

1,404 sqft (130.4 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2006.

What is unit 505 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 505, Kamoon 2

Starts from the last sale price (AED 2.16M, 12 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,156,888
Deposit, UAE resident (20%)
AED 431,378
Deposit, non-resident (40%)
AED 862,755
Monthly over 25 years at 3.7%
AED 8,824

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