Apartments for rent in Kamoon

The beautiful community of Old Town is considered to be the heart of traditional Dubai as well as a hub for rich Arab culture. There are only a few sites and locations left in the Dubai real estate market that have not been transformed into a vision of an ultra-modern metropolis. Though the Old Town properties were originally a wonder of old stone arches and gypsum buildings, due to rising demand of people wanting to settle in this community, Old Town introduced a blend of luxury low-rise apartment buildings as well. These residential buildings have been segregated into different quarters that make up this signature community of Old Dubai. Kamoon is one those quarters or sub-communities that offers stunning apartments for rent and sale.

Types of Apartments in Kamoon

The apartments in Kamoon are distributed among a cluster of buildings that include Kamoon 1, Kamoon 2, Kamoon 3 and Kamoon 4. The residential units available for rental mostly offer 2 bedrooms but there are a number of 1 and 3-bedroom flats as well. The property offers all standard features such as quality finishing, spacious rooms, a fully-fitted kitchen and a beautiful balcony. These floor specifications are expertly managed in 2-bedroom apartments in Kamoon with an average area allotment that starts with 1,300 sq. ft. and increases up to 1,600 sq. ft. The floor space of 1-bed apartments which have two bathrooms is around 970 sq. ft. and it goes over 1,000 sq. ft. You can avail the exclusive 3-bedroom units which have an average plot size of 2,000 sq. ft.

Rent Price Trend for Apartments in Kamoon

One might consider that properties around Downtown Dubai would cost a fortune but the renting trend here in the sub-communities of Old Town is quite reasonable. If we talk about the luxurious 2-bedroom rental apartments in Kamoon, they cost almost 20% less than the average apartments with the same number of beds in the entire community. The rent evolution trend indicates that the average range is between AED 115,000/year and over AED 155,000/year. Subsequently, the rent price trend for 1-bedroom apartments ranges between AED 85,000/year and AED 110,000/year. The estimated initial limit for the rent of 3-bedroom apartments is AED 185,000/year that goes up to AED 240,000 yearly.

Highlights of Kamoon

This peaceful sub-community is located along vibrant destinations such as Business Bay that is full of recreational facilities like Mountain Extreme and DAMAC Park Central. On the other hand, the famous Souk Al Bahar is present in all its traditional glory. Not only are the apartments surrounded by quality retail stores and shopping centres but the area is also surrounded by exquisite hotels such as Ramada Downtown Dubai, Palace Downtown Dubai, Vida Downtown and DAMAC Maison Canal Views. Renowned institutions such as Heart of Dance, Dubai Japanese School, JSS Private School, Hummingbird Nursery Bay Square and Blossom Downtown Nursery Dubai are also in close proximity.