705, Kamoon 2
Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Kamoon 2
What is 705 worth today?
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Source: Dubai Land Department. Updated 9 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,404 sqft
- Floor
- 7th of 8
- Parking
- B-3134
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 27,600 /yr
- Last sold
- AED 3.05M · September 2024
- Building
- Kamoon 2
About 705, Kamoon 2
705 is a two-bedroom apartment of 1,404 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 9 September 2024 for AED 3,050,000, or AED 2,172 per sqft, 26% above the AED 1,728 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 15 April 2023, is AED 114,950 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 27,600 a year.
Sales and rents for 705 over time
705 has sold 3 times; 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 705 sits
All 15 2-beds →705 last sold in September 2024 at AED 2,172 per sqft, 26% above what two-beds in Kamoon 2 were fetching at the time (AED 1,728). 705's AED 114,950 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 | ||
| 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 | ||
| 3 Aug 20233 August 2023 | 1,404 sqft | 2,600,000 | 1,851 |
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 7th floor
All 39 units in Kamoon 2705, Kamoon 2 in numbers
- Sold 3 times: first on 2 September 2010 for AED 2,314,888, last on 9 September 2024 for AED 3,050,000 (AED 2,172 per sqft).
- Rented since February 2017 on 6 Ejari contracts. The rent fell from AED 167,000 to AED 95,000 in 2021 and recovered to AED 114,950 by April 2023.
- At AED 114,950 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 27,600 a year (AED 19.67 per sqft).
Source: Dubai Land Department. Updated 9 September 2024.
Questions about 705, Kamoon 2
What did unit 705 last sell for?
AED 3,050,000 on 9 September 2024: AED 2,172 per sqft for 1,404 sqft. The unit has 3 registered sales; the first was AED 2,314,888 in September 2010.
What is the rent for unit 705?
AED 114,950 a year on the contract renewed on 15 April 2023. The previous contract, from April 2022, was AED 104,500; the unit has been rented since February 2017.
How big is unit 705?
1,404 sqft (130.4 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2006.
What is unit 705 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 705, Kamoon 2
Starts from the last sale price (AED 3.05M, 9 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,050,000
- Deposit, UAE resident (20%)
- AED 610,000
- Deposit, non-resident (40%)
- AED 1,220,000
- Monthly over 25 years at 3.7%
- AED 12,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →