Kamoon 3 is a residential building in Dubai’s charming Old Town district. The area is known for its traditional architecture, bustling souks, and proximity to some of the city’s most iconic landmarks.

• Kamoon 3 is a sought-after address for those looking for a luxurious lifestyle in the heart of Dubai.
• According to Bayut listings, the building offers apartments for sale, with prices ranging from AED 2,740,000 to AED 3,900,000.
• Based on the last six months of listings on Bayut, the average asking price for a flat in Kamoon 3 is around AED 2,977,907.

Residents of Kamoon 3 can enjoy easy access to some of Dubai’s top attractions, including the Dubai Mall, Palm Jumeirah, and Burj Al Arab. The building is in the Kamoon area of Old Town, known for its vibrant atmosphere and lively community.

• Kamoon 3 is conveniently located just a 7-minute drive from the Dubai Mall, making it an ideal location for those who love to shop and dine out.
• The building is just a short drive from the Palm Jumeirah and Burj Al Arab, two of Dubai’s most iconic landmarks.
• With its prime location and luxurious amenities, Kamoon 3 is the perfect pick for those looking for a high-end lifestyle in the heart of Dubai’s Old Town.

Overview of Kamoon 3

Kamoon 3 is a residential building in Dubai’s charming Old Town district. Developed by Emaar Properties, it offers a range of apartments in a traditional Arabian architectural style that blends seamlessly with the surrounding community.

Location and Community View

Kamoon 3 is an ideal location that provides citizens with simple access to various amenities and attractions. The building is just a few minutes from the iconic Burj Khalifa and the world-renowned Dubai Mall, making it a prime spot for those who love shopping and exploring.

The community view from Kamoon 3 is equally impressive. Residents can enjoy stunning views of Downtown Dubai, with its towering skyscrapers and bustling streets. The area is also known for its tranquil waterways and lush green spaces, providing a peaceful escape from the city’s hustle and bustle.

Architectural Style and Features

Kamoon 3’s architectural style is inspired by traditional Arabian design. It features intricate details and beautiful finishes that reflect the region’s rich cultural heritage. The building’s interior is equally impressive, with spacious apartments that maximize comfort and functionality.

Kamoon 3 also offers a range of amenities catering to its residents’ needs. These include a swimming pool, a fitness center, and a children’s play area. The building also features 24-hour security and maintenance services to ensure citizens’ safety and comfort.

Kamoon 3 is an excellent choice for those seeking a comfortable and convenient living experience in one of Dubai’s most sought-after neighborhoods. With its ideal location, stunning community view, and impressive architectural features, Kamoon 3 is a true gem in the heart of Old Town Dubai.

Real Estate in Kamoon 3

Property Types and Sizes

Kamoon 3 in Old Town Dubai offers a variety of properties, with the most common type being apartments. These apartments come in 1, 2, and 3-bedroom configurations, with the 2-bedroom flats being the most popular. These apartments range from 1,200 to 2,200 square feet, providing ample living space for residents.

Market Conditions and Average Prices

The real estate market in Kamoon 3 is stable, with apartment prices remaining relatively consistent over the past few months. The average cost for a 2-bedroom apartment in Kamoon 3 is around AED 3,000,000. However, prices can change based on factors such as the size of the apartment and its location within the building.

Recent Sale Transactions

Several recent sale transactions have occurred in Kamoon 3, with apartments being the most commonly sold property type. A 2-bedroom apartment recently sold for AED 2,740,000, while another 2-bedroom apartment sold for AED 3,900,000. These sales demonstrate the demand for apartments in Kamoon 3 and the willingness of buyers to invest in the area.

In summary, Kamoon 3 in Old Town Dubai offers a range of apartment properties, with 2-bedroom apartments being the most popular. The real estate market in Kamoon 3 is currently stable, with prices for apartments remaining relatively consistent. Recent sale transactions demonstrate the demand for apartments in the area.

Living in Kamoon 3

Kamoon 3 is a residential building in Old Town Dubai. It offers a comfortable living experience with a range of amenities and facilities.

Amenities and Facilities

Kamoon 3 offers a range of amenities and facilities to its residents, such as:

• Large and spacious apartments with terraces offering stunning views of the city skyline
• A swimming pool where citizens can relax and cool off during the hot summer months
• A fully-equipped gym for those who like to stay fit and healthy
• 24-hour security to assure the safety of citizens
• Covered parking for residents’ vehicles

Dining and Entertainment Options

Residents of Kamoon 3 have access to a selection of dining and entertainment opportunities in the surrounding area, such as:

• A selection of restaurants and cafes providing different cuisines
• Cinemas showing the latest movies
• Shopping malls with a range of stores and boutiques

Educational Institutions

For families with children, Kamoon 3 is conveniently located near several schools and nurseries, including:

• GEMS Wellington Primary School, which offers a British curriculum and is located just a short drive away
• Horizon English School (HES), which offers an American curriculum and is also located nearby
• Jumeirah International Nurseries offers a range of programs for children aged six months to 4 years old.

Overall, Kamoon 3 offers a comfortable and convenient living experience in the heart of Old Town Dubai, with a range of amenities and facilities to cater to residents’ needs.

Property Listings in Kamoon 3

Kamoon 3 is a residential development in the Old Town area of Dubai. It provides a selection of apartments for sale, and buyers can choose from various sizes and layouts. In this section, we will look closer at the property listings in Kamoon 3.

Featured Properties for Sale

Bayut is a popular online real estate platform offering a wide range of properties in Kamoon 3. Here are some of the featured properties currently available on Bayut:

• A 2-bedroom apartment with 1,309 sqft of living space, listed for AED 2,800,000
• An exclusive 3-bedroom apartment with 1,543 sqft of living space, listed for AED 3,200,000
• A spacious 4-bedroom apartment with 2,500 sqft of living space, listed for AED 4,500,000

OT Specialist is another online platform that offers listings for Kamoon 3. They have a range of new properties available, and buyers can sign up to Get Notified when new listings become available.

Comparison with Nearby Properties

Compared to other properties in the Old Town area, Kamoon 3 offers competitive prices and a range of amenities. Here are some of the key points to consider:

• According to Bayut, the average asking price for a flat in Kamoon 3 over the past six months was around AED 2,977,907.
• Kamoon 3 offers a range of amenities, including a swimming pool, gym, and underground parking.
• Other nearby properties, such as Kamoon 1 and Kamoon 2, offer similar amenities but may have higher prices.
• Buyers should consider their budget and desired location when comparing properties in the Old Town area.

In conclusion, Kamoon 3 offers a range of properties for sale in a desirable location in Dubai. Buyers can choose from various sizes and layouts and enjoy multiple amenities. Buyers can find the right property for their needs by comparing properties and considering their budget.

Investing in Kamoon 3

Investment Opportunities

Kamoon 3, located in Old Town Dubai, offers potential investors a range of investment opportunities. The properties available in Kamoon 3 are known for their high-quality finishes and prime location, making them an attractive option for those looking to invest in real estate in Dubai.

Some of the investment opportunities available in Kamoon 3 include:

• Properties that are vacant: For investors wishing to make rental income, vacant properties in Kamoon 3 present a tremendous opportunity. Tenants can be found for these properties, giving the investor a consistent flow of income.
• Upgraded properties: Upgraded properties in Kamoon 3 offer the potential for higher rental income. These properties have been renovated and upgraded, making them more appealing to tenants and allowing investors to charge higher rents.
• Real estate agencies: Real estate agencies in Dubai can allow investors with valuable insights into the local real estate market, helping them make informed decisions about their investments.
• EMAAR: EMAAR, one of Dubai’s leading real estate developers, is the developer behind Kamoon 3. Investing in properties developed by EMAAR can provide investors with peace of mind, knowing they are investing in a reputable developer with a proven track record.

Understanding the Investment Climate

Investing in real estate in Dubai can be a lucrative opportunity for investors, but it’s essential to understand the investment climate before making any investment decisions. Here are some key factors to consider when investing in Kamoon 3:

• Market trends: Monitoring market trends in Dubai’s real estate market is essential. This can help investors identify potential growth areas and make informed investment decisions.
• Rental yields: Rental yields in Dubai can change based on the location and type of property. Investors should research rental yields in Kamoon 3 to determine the potential return on their investment.
• Economic stability: Dubai’s economy is known for its strength, making it an attractive destination for investors. However, investors should still monitor economic indicators to ensure that their investments are not negatively impacted by changes in the economic climate.

Taking these things into account and collaborating with respectable developers and real estate firms like EMAAR will help investors make well-informed choices regarding their Kamoon 3 investments.

Additional Information

Legal and Ownership Details

• Kamoon 3 is a residential building in the Old Town district of Dubai, developed by Emaar Properties.
• The building has three floors and offers 1 to 3-bedroom flats.
• The ownership of the apartments is freehold, which means that the owner has complete ownership of the property and the land it is built on.
• The legal documentation required for purchasing a property in Kamoon 3 includes a valid Emirates ID, passport, and proof of funds.

Community Events and Activities

• Kamoon 3 is located in a vibrant community that provides a selection of activities and events for residents of all ages.
• Toddler Town British Nursery and Blossom Nursery are centered nearby, making it convenient for families with young children.
• The compound also hosts many events throughout the year, including cultural festivals, food fairs, and art exhibitions.
• The building offers a gym and an outdoor swimming pool for those interested in sports and fitness.
• The community is also home to various restaurants and cafes, providing multiple dining options for residents.
• Haus & Haus Real Estate and Achiever Properties are two reputable agencies in the area that can help with buying, selling, or renting a property in Kamoon 3.
• Some of the apartments in Kamoon 3 are fully furnished, which can be a perfect option for those looking to move in quickly or for short-term stays.

Frequently Asked Questions

What is the moderate rental price for an apartment in Kamoon 3, Old Town?

The normal rental price for an apartment in Kamoon 3, Old Town, varies depending on the size of the unit and the specific location within the building. However, based on recent data, the average rental price for a one-bedroom apartment in Kamoon 3 ranges from AED 70,000 to AED 85,000 per year.

How do the sales prices vary for properties in Kamoon 3, Old Town?

The sales prices for properties in Kamoon 3, Old Town, also vary depending on the size of the unit and the specific location within the building. According to recent data, the starting price for properties in Kamoon 3 is around AED 1.8 million.

Are there any apartments currently for sale in Kamoon 3, and what are their sizes?

There may be apartments currently for sale in Kamoon 3, Old Town, but the availability and sizes of these units can vary. Interested buyers should consult a reputable real estate agent or check online listings for the latest information.

Can I find detailed floor plans for Kamoon 3, Old Town apartments?

Detailed floor plans for apartments in Kamoon 3, Old Town, may be available from the developer or real estate agents. Interested parties should inquire with these sources for accurate and up-to-date information.

What types of rental agreements are typically available for Kamoon 3 apartments?

Annual leases are the most common rental agreements for apartments in Kamoon 3, Old Town. These leases typically require a security deposit and may include provisions for renewal or termination.

What amenities and facilities are offered to Kamoon 3, Old Town residents?

• Kamoon 3, Old Town residents can enjoy various amenities and facilities, including a gym, an outdoor swimming pool, and a children’s play area. The building also features 24-hour security and maintenance services to assure the comfort and safety of its residents.

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