1-bed · 1,203 sqftKamoon 2, The Old Town · 7th floor · completed 2006

703, Kamoon 2

Sold prices and rental history: sold 4 times, last in April 2024, and rented once, from September 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 2.18M25 April 2024
Current rentAED 123K /yr25 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Kamoon 2

What is 703 worth today?

Last sold for AED 2,175,000 in 2024

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25 Apr 2024SoldReady
AED 2,175,000AED 1,808 per sqft
25 Sep 2015RentedNew contract
AED 122,616/yr12 months · AED 102 per sqft
31 Jul 2013SoldReady
AED 2,250,000AED 1,870 per sqft
25 Aug 2011SoldReady
AED 1,050,000AED 872 per sqft
29 Jun 2010Sold by developerReady
AED 1,098,944AED 913 per sqft

Source: Dubai Land Department. Updated 25 April 2024.

Key facts

Type
1-bed apartment
Size
1,203 sqft
Floor
7th of 8
Parking
B-3133
Developer
Emaar
Completed
2006
Service charge
AED 23,700 /yr
Last sold
AED 2.18M · April 2024
Building
Kamoon 2

About 703, Kamoon 2

703 is a one-bedroom apartment of 1,203 sqft on the 7th floor of Kamoon 2, a 8-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 25 April 2024 for AED 2,175,000, or AED 1,808 per sqft.

One Ejari contract is registered, from 25 September 2015. The current contract, signed on 25 September 2015, is AED 122,616 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 23,700 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical one-bed in Kamoon 2
1M2M2010201420182022Typical 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, June 2010: AED 1,098,944 (AED 913 per sqft)Sold, August 2011: AED 1,050,000 (AED 872 per sqft)Sold, July 2013: AED 2,250,000 (AED 1,870 per sqft)Sold, April 2024: AED 2,175,000 (AED 1,808 per sqft)

703 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 703, 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 2015: AED 122,616 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 703 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. 703's AED 122,616 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 20262,475,000
22 Aug 20241,970,000
19 Sep 20221,400,000
25 Nov 20201,200,000
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 7th floor

All 39 units in Kamoon 2
Value
7011-bedAED 1.4M · Sep 2022
7022-bedAED 2.1M · Oct 2022
7043-bedAED 2.69M · Oct 2011
7052-bedAED 3.05M · Sep 2024

703, Kamoon 2 in numbers

  • Sold 4 times: first on 29 June 2010 for AED 1,098,944, last on 25 April 2024 for AED 2,175,000 (AED 1,808 per sqft).
  • Rented since September 2015 on one Ejari contract, at AED 122,616 a year.
  • At AED 122,616 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 23,700 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 25 April 2024.

Questions about 703, Kamoon 2

What did unit 703 last sell for?

AED 2,175,000 on 25 April 2024: AED 1,808 per sqft for 1,203 sqft. The unit has 4 registered sales; the first was AED 1,098,944 in June 2010.

What is the rent for unit 703?

AED 122,616 a year on the contract signed on 25 September 2015.

How big is unit 703?

1,203 sqft (111.8 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2006.

What is unit 703 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 703, Kamoon 2

Starts from the last sale price (AED 2.18M, 25 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,175,000
Deposit, UAE resident (20%)
AED 435,000
Deposit, non-resident (40%)
AED 870,000
Monthly over 25 years at 3.7%
AED 8,899

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