The Old Town

area

Price history in The Old Town

Price per sqft

Date	Location	Specifications	Price (AED)
28 Dec 2023	ApartmentCompleted	2-bedN/A Size: 3,048 sqft	AED 4,000,000 AED 1,312/sqft
28 Dec 2023	ApartmentCompleted	2-bed2nd floor Size: 1,416 sqft	AED 2,450,000 AED 1,729/sqft
26 Dec 2023	ApartmentCompleted	1-bed1st floor Size: 875 sqft	AED 2,001,000 AED 2,287/sqft
25 Dec 2023	ApartmentCompleted	3-bed4th floor Size: 2,067 sqft	AED 4,950,000 AED 2,394/sqft
25 Dec 2023	ApartmentCompleted	2-bed7th floor Size: 1,354 sqft	AED 2,000,000 AED 1,477/sqft
21 Dec 2023	ApartmentCompleted	2-bed3rd floor Size: 1,412 sqft	AED 2,900,000 AED 2,052/sqft
21 Dec 2023	ApartmentCompleted	2-bed7th floor Size: 1,516 sqft	AED 3,000,000 AED 1,978/sqft
20 Dec 2023	ApartmentCompleted	1-bed2nd floor Size: 964 sqft	AED 2,100,000 AED 2,176/sqft
18 Dec 2023	ApartmentCompleted	4-bed8th floor Size: 3,182 sqft	AED 4,950,000 AED 1,556/sqft
15 Dec 2023	ApartmentCompleted	1-bed1st floor Size: 1,091 sqft	AED 1,700,000 AED 1,558/sqft
13 Dec 2023	ApartmentCompleted	2-bed1st floor Size: 1,220 sqft	AED 2,400,000 AED 1,966/sqft
06 Dec 2023	ApartmentCompleted	1-bed3rd floor Size: 1,201 sqft	AED 2,650,000 AED 2,206/sqft
06 Dec 2023	ApartmentCompleted	1-bed4th floor Size: 916 sqft	AED 1,700,000 AED 1,856/sqft
06 Dec 2023	ApartmentCompleted	1-bed2nd floor Size: 975 sqft	AED 1,650,000 AED 1,691/sqft
05 Dec 2023	ApartmentCompleted	2-bed1st floor Size: 1,426 sqft	AED 2,450,000 AED 1,717/sqft
05 Dec 2023	ApartmentCompleted	2-bedN/A Size: 2,317 sqft	AED 3,950,000 AED 1,705/sqft
30 Nov 2023	ApartmentCompleted	2-bed1st floor Size: 1,419 sqft	AED 2,450,000 AED 1,727/sqft
28 Nov 2023	ApartmentCompleted	2-bed4th floor Size: 1,257 sqft	AED 3,050,000 AED 2,425/sqft
28 Nov 2023	ApartmentCompleted	1-bedN/A Size: 2,355 sqft	AED 2,200,000 AED 934/sqft
27 Nov 2023	ApartmentCompleted	1-bedN/A Size: 2,892 sqft	AED 2,650,000 AED 916/sqft

Over the last 12 months, The Old Town has recorded 141 apartment sales in our database. Typical homes sold for around AED 2.9M (about AED 2,239/sqft) with a median size of 1.3K sqft. Most transactions were for 1-bed apartments, while prices ranged from roughly AED 28.3K up to AED 10M.

buildings in The Old Town

No data found

Our data covers 31 apartment buildings in The Old Town over the last 12 months. Typical sale prices across these buildings average around AED 2191/sqft, with rents near AED 128/sqft, giving a median gross yield of about 6%. Most buildings are completed, with only a small share of off-plan projects.

Top-performing buildings by yield include Kamoon 3, Miska 5 and Reehan 5, where recent gross yields have been in the 5% range. On the value side, more affordable options by price per sqft include Kamoon 3, Miska 5 and Miska 3, while premium buildings such as Yansoon 1, Yansoon 8 and Yansoon 6 sit at the top of the price spectrum.

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