2-bed · 1,432 sqftKamoon 4, The Old Town · 4th floor · completed 2006

405, Kamoon 4

Sold prices and rental history: sold 3 times, last in April 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 2.1M14 April 2019
Current rentAED 180K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Kamoon 4

What is 405 worth today?

Last sold for AED 2,100,000 in 2019

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1 Aug 2024RentedRenewal
AED 180,000/yr12 months · AED 126 per sqft
1 Aug 2023RentedRenewal
AED 120,000/yr12 months · AED 84 per sqft
1 Aug 2022RentedRenewal
AED 110,000/yr12 months · AED 77 per sqft
1 Aug 2021RentedNew contract
AED 110,000/yr12 months · AED 77 per sqft
7 Jul 2019RentedNew contract
AED 120,000/yr12 months · AED 84 per sqft
14 Apr 2019SoldReady
AED 2,100,000AED 1,466 per sqft
12 May 2017RentedNew contract
AED 168,000/yr12 months · AED 117 per sqft
7 Aug 2015RentedNew contract
AED 195,000/yr12 months · AED 136 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
1,432 sqft
Floor
4th of 6
Parking
B-3047
Developer
Emaar
Completed
2006
Service charge
AED 28,200 /yr
Last sold
AED 2.1M · April 2019
Building
Kamoon 4

About 405, Kamoon 4

405 is a two-bedroom apartment of 1,432 sqft on the 4th floor of Kamoon 4, a 6-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 14 April 2019 for AED 2,100,000, or AED 1,466 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 180,000 a year: a gross yield of 8.6% on the 2019 price, before the service charge of about AED 28,200 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Kamoon 4
2M2.5M3M2012201420162018Typical sale price by year: 2012 AED 1,899,127; 2013 AED 2,300,000Sold by developer, July 2012: AED 2,172,888 (AED 1,517 per sqft)Sold, October 2013: AED 2,850,000 (AED 1,990 per sqft)Sold, April 2019: AED 2,100,000 (AED 1,466 per sqft)

405 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 405, each contractTypical two-bed in Kamoon 4
100K150K200K2013201720212025Typical rent by year: 2013 AED 152,286; 2015 AED 175,000; 2017 AED 160,000; 2018 AED 132,500; 2019 AED 130,000; 2020 AED 124,800; 2021 AED 115,000; 2022 AED 117,000; 2023 AED 130,500; 2024 AED 155,000; 2025 AED 160,000; 2026 AED 170,000New contract, June 2013: AED 165,000 a yearNew contract, August 2015: AED 195,000 a yearNew contract, May 2017: AED 168,000 a yearNew contract, July 2019: AED 120,000 a yearNew contract, August 2021: AED 110,000 a yearRenewal, August 2022: AED 110,000 a yearRenewal, August 2023: AED 120,000 a yearRenewal, August 2024: AED 180,000 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 4, and where 405 sits

All 11 2-beds →

Over the last 12 months two-beds sold for AED 3,600,000, around AED 2,482 per sqft, and rent for AED 154,500 to 178,500 a year. 405's AED 180,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Apr 20263,600,000
14 Feb 20253,450,000
11 Jul 20242,750,000
23 Sep 20222,300,000
1 2-bed sale in the last 12 months

Kamoon 4

Building

31 apartments, 1-bed to 4-bed over 6 floors in The Old Town, completed in 2006 by Emaar. 3 sold in the last 12 months.

Typical price per sqft
AED 2,101
Typical sale
AED 2.95M
Typical rent
AED 155K /yr
Typical yield
5.6%
Kamoon 4, The Old Town: prices, sales and rents →

Other units on the 4th floor

All 31 units in Kamoon 4
Value
4011-bedAED 1.84M · Aug 2010
4022-bedAED 1.87M · Jun 2012
4031-bedAED 1.99M · Sep 2013
4043-bedAED 3.5M · Jan 2018

405, Kamoon 4 in numbers

  • Sold 3 times: first on 22 July 2012 for AED 2,172,888, last on 14 April 2019 for AED 2,100,000 (AED 1,466 per sqft).
  • Rented since June 2013 on 8 Ejari contracts. The rent fell from AED 165,000 to AED 110,000 in 2022 and recovered to AED 180,000 by August 2024.
  • At AED 180,000 a year the gross yield on the 2019 price is 8.6%, before a service charge of about AED 28,200 a year (AED 19.67 per sqft).
  • Two-beds in Kamoon 4 sold for AED 3,600,000–3,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,101 per sqft.

Source: Dubai Land Department. Updated 1 August 2024.

Questions about 405, Kamoon 4

What did unit 405 last sell for?

AED 2,100,000 on 14 April 2019: AED 1,466 per sqft for 1,432 sqft. The unit has 3 registered sales; the first was AED 2,172,888 in July 2012.

What is the rent for unit 405?

AED 180,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 120,000; the unit has been rented since June 2013.

How big is unit 405?

1,432 sqft (133.0 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2006.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Kamoon 4 sold for AED 3,600,000 to 3,600,000 in the last 12 months, around AED 2,482 per sqft.

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Mortgage on 405, Kamoon 4

Starts from the last sale price (AED 2.1M, 14 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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