Kamoon 4, Downtown Dubai
Kamoon 4 is a 7-storey Emaar-built apartment building in the Kamoon sub-community of Old Town, Downtown Dubai, with a confirmed one to three-bedroom unit mix and two larger units on the top floor per its own floor-plan records. A direct short-term rental competitor already runs its own dedicated "Short Term Rentals in Kamoon 4" listing page, a real external signal that guest demand exists here, and Royale Stays can manage setup, pricing and guest communication for a fee from 15%.
Storeys
7 (+1 basement level)
Developer
Emaar Properties
Completed
Old Town masterplan, mid to late 2000s
Units
1 to 3BR apartments, plus 2 larger 4BR units on the top floor
About Kamoon 4
Kamoon 4 is one of four numbered buildings in the Kamoon complex, part of Old Town, the low-rise, Arabian-style sub-community Emaar Properties built around Burj Khalifa in Downtown Dubai. It is a 7-storey building with an internal basement level for parking, finished in the sandstone-clad, arched style the wider Old Town district is known for.
The building's confirmed unit mix is one, two and three-bedroom apartments, cross-checked across Bayut's own detailed apartment-type descriptions, Homeland's floor-plan document set and Dubai Land Department sale records for all three unit sizes. Homeland's own floor-plan records also show two larger four-bedroom units on the top (Sixth) floor, a detail not mentioned in Bayut's own building summary, so this is included here as a single-sourced structured-data finding rather than left out or stated with full confidence.
For owners, the appeal is not just theoretical: deluxehomes.com, a direct short-term rental competitor, runs its own dedicated "Short Term Rentals in Kamoon 4" page for this exact building, ranking at the top of a search for short-term rentals in Kamoon 4, a genuine external signal that guest demand already exists here. Because Kamoon 4 is developed by Emaar rather than Vida, the site's only confirmed prohibited brand for short-term letting, there is no policy reason apartments here cannot be run as licensed holiday homes. Royale Stays manages the day-to-day side of turning an apartment here into a working short-term rental, from setup and pricing through to guest communication, as part of its wider Airbnb property management approach in Downtown Dubai, for a management fee from 15%.
Kamoon 4 is confirmed distinct from its nearest live Old Town sibling, Reehan 7 (9 to 10 storeys, 66 units, studio through 3BR plus a garden penthouse), via Bayut's own Nearby Buildings module, which names Prime Tower, Reehan 7 and Zanzabeel 1 as Kamoon 4's direct physical neighbours, and via materially different physical specs between the two buildings. Bayut's own text states Kamoon is divided into Kamoon 1, 2, 3 and 4; none of the other three are currently live on this site.
Location & Nearby Landmarks
Kamoon 4 sits in the Kamoon sub-community of Old Town, directly on Sheikh Mohammed bin Rashid Boulevard and close to Burj Khalifa Boulevard, in Downtown Dubai. Burj Khalifa, The Dubai Fountain, Souk Al Bahar and Dubai Mall are all a short drive away, and Old Town's pedestrian-friendly layout makes several of them walkable too.
Old Town's village-style layout, low-rise sandstone blocks and courtyard streets set Kamoon 4 apart from the glass-and-steel towers along Downtown's Boulevard front, while still sitting inside the same wider Downtown Dubai submarket that Royale Stays already manages across. Its closest confirmed neighbours are Reehan 7 and Zanzabeel 1, both residential, and Prime Tower, a nearby commercial building.
Sources: propsearch.ae, bayut.com, homeland.ae (checked 2026-09-05). No verified Kamoon-4-specific completion date exists; the Old Town district itself was substantially built out in the mid to late 2000s, matching the framing already used on the area's other numbered buildings.
Unit Types
Kamoon 4 was built with one, two and three-bedroom apartments across its first six floors, plus two larger four-bedroom units on the top (Sixth) floor. One-bedroom apartments feature a spacious living room with a walk-in balcony, two-bedroom apartments include two balconies and two bathrooms plus a guest powder room, and three-bedroom apartments add a third bathroom and a second walk-in balcony. All units are finished with ivory-toned ceramic floors, built-in floor-to-ceiling closets and double-glazed windows in the earthy, Arabian-inspired palette used across Old Town.
Unit descriptions per bayut.com's own Apartment Types section; the two top-floor four-bedroom units (3,180 and 3,133 sq ft) are documented in homeland.ae's own floor-plan set but are not described in Bayut's narrative, so this is flagged as a single-sourced structured-data finding rather than independently confirmed by a second source. No exact total unit count is published for Kamoon 4 by any source checked.
Amenities
Kamoon 4 offers underground parking with at least one allocated space per apartment, high-speed elevators, round-the-clock security with CCTV coverage, and on-site maintenance staff. Lifestyle amenities include an outdoor swimming pool, a squash court, a communal gym, spa facilities and a children's play area, along with broadband, intercom and satellite TV connections, 24-hour concierge and front-desk service, and pet-friendly policies.
Amenities per bayut.com; propsearch.ae's own fetched page for Kamoon 4 carries no amenities section to independently cross-check against, so this list is single-sourced (low-risk, descriptive detail).
Transportation & Access
Kamoon 4's Old Town location puts Business Bay metro station roughly 6 to 7 minutes away and Burj Khalifa/Dubai Mall metro station around 7 to 8 minutes away, with Sheikh Mohammed bin Rashid Boulevard giving quick access onward to Financial Centre Road and Sheikh Zayed Road. Local bus stops, including South Ridge Tower 2 and 8 Boulevard Walk Tower 1, sit within a couple of minutes' walk.
Rental & Price Trends
Recent Dubai Land Department sale records for Kamoon 4 show a one-bedroom unit (904 sq ft) selling for AED 1,900,000, a two-bedroom unit (1,450 sq ft) for AED 3,600,000, and a three-bedroom unit (1,989 sq ft) for AED 5,000,000. For area context, Bayut's Dubai Rental Market Report puts typical Downtown Dubai rents at around AED 133,000 a year for a one-bedroom and AED 223,000 a year for a two-bedroom; no verified three-bedroom or four-bedroom rental figure is published for Downtown Dubai at the time of writing, so that gap is disclosed here rather than filled with an invented number. Owners weighing a specific unit's numbers can run their own scenario through Royale Stays' ROI calculator.
Sale prices per propsearch.ae's Dubai Land Department-linked transaction feed, genuine Sale-type records only (Mortgage Registration and Grant-type records on the same feed excluded). Bayut's own Sale Trends chart is JS-rendered and could not be extracted via static HTML fetch, so building-specific pricing here is single-sourced.
Airbnb / Short-Term Rental Income Potential
This is where the research lines up with something concrete: deluxehomes.com, a direct short-term rental competitor, runs its own dedicated "Short Term Rentals in Kamoon 4" listing page for this exact building, ranking first in a search for short-term rentals in Kamoon 4, an external signal of live guest demand, not a hopeful assumption.
For context, Downtown Dubai apartments generally average around AED 133,000 a year in long-term rent for a one-bedroom and AED 223,000 a year for a two-bedroom, per Bayut's own H1 2026 rental report, and Royale Stays' own published income analysis for the wider area puts a managed one-bedroom Airbnb at roughly AED 130,000 to 175,000 gross a year and a two-bedroom at AED 190,000 to 280,000 gross a year. These are Downtown-wide averages, not a Kamoon-4-specific figure, and no verified figure exists for the building's three or four-bedroom units at this larger size band. Royale Stays runs the pricing, guest communication and turnover work for owners who want to convert a Kamoon 4 apartment into a managed short-term rental, for a management fee from 15%.
Questions