2-bed · 1,131 sqftMont Rose 1, Dubai Science Park (Dubiotech) · 14th floor · completed 2018

1407, Mont Rose 1

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 26 June 2023
Last soldAED 945K26 June 2023
Current rentAED 52K /yr5 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Mont Rose 1

What is 1407 worth today?

Last sold for AED 945,000 in 2023

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26 Jun 2023SoldReady
AED 945,000AED 835 per sqft
5 Dec 2021RentedRenewal
AED 52,000/yr12 months · AED 46 per sqft
5 Dec 2020RentedRenewal
AED 52,000/yr12 months · AED 46 per sqft
5 Dec 2019RentedNew contract
AED 58,000/yr12 months · AED 51 per sqft
10 Jul 2018RentedNew contract
AED 65,802/yr14 months · AED 58 per sqft
23 Nov 2014Sold by developerOff-plan
AED 1,383,260AED 1,223 per sqft

Source: Dubai Land Department. Updated 26 June 2023.

Key facts

Type
2-bed apartment
Size
1,131 sqft
Floor
14th of 19
Parking
B1-34
Developer
Deyaar
Completed
2018
Service charge
AED 17,700 /yr
Last sold
AED 945K · June 2023
Building
Mont Rose 1

About 1407, Mont Rose 1

1407 is a two-bedroom apartment of 1,131 sqft on the 14th floor of Mont Rose 1, a 19-storey tower in Dubai Science Park (Dubiotech) completed in 2018 by Deyaar. It last sold on 26 June 2023 for AED 945,000, or AED 835 per sqft, 18% above the AED 707 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 5 December 2021, is AED 52,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 17,700 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical two-bed in Mont Rose 1
1M20142017202020232026Typical sale price by year: 2014 AED 1,330,868; 2015 AED 1,267,435; 2016 AED 1,318,892; 2017 AED 1,247,691; 2018 AED 1,345,456; 2021 AED 999,580; 2022 AED 800,000; 2023 AED 965,000; 2024 AED 1,120,000; 2025 AED 1,350,000Sold by developer, November 2014: AED 1,383,260 (AED 1,223 per sqft)Sold, June 2023: AED 945,000 (AED 835 per sqft)

1407 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1407, each contractTypical two-bed in Mont Rose 1
60K80K100K2018202120242027Typical rent by year: 2018 AED 70,000; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 51,000; 2022 AED 55,000; 2023 AED 65,000; 2024 AED 86,500; 2025 AED 95,000; 2026 AED 95,000New contract, July 2018: AED 65,802 a yearNew contract, December 2019: AED 58,000 a yearRenewal, December 2020: AED 52,000 a yearRenewal, December 2021: AED 52,000 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 Mont Rose 1, and where 1407 sits

All 68 2-beds →

1407 last sold in June 2023 at AED 835 per sqft, 18% above what two-beds in Mont Rose 1 were fetching at the time (AED 707). Over the last 12 months two-beds sold for AED 1,500,000, around AED 1,326 per sqft, and rent for AED 74,000 to 120,000 a year. 1407's AED 52,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Jan 20261,500,000
8 Sep 20251,325,000
21 Aug 20251,300,000
13 Aug 20251,350,000
1 2-bed sale in the last 12 months

Mont Rose 1

Building

145 apartments, 1-bed to 3-bed over 19 floors in Dubai Science Park (Dubiotech), completed in 2018 by Deyaar. 8 sold in the last 12 months.

Typical price per sqft
AED 1,174
Typical sale
AED 898K
Typical rent
AED 75K /yr
Typical yield
7.3%
Mont Rose 1, Dubai Science Park (Dubiotech): prices, sales and rents →

Other units on the 14th floor

All 145 units in Mont Rose 1
Value
14011-bedAED 947K · Nov 2014
14022-bedAED 800K · Oct 2022
14032-bedAED 1.18M · Jul 2024
14041-bedAED 914K · Dec 2014
14051-bedAED 885K · Dec 2024
14062-bedAED 1.38M · Nov 2014
14081-bedAED 880K · Feb 2025

1407, Mont Rose 1 in numbers

  • Sold twice: first on 23 November 2014 for AED 1,383,260, last on 26 June 2023 for AED 945,000 (AED 835 per sqft).
  • Rented since July 2018 on 4 Ejari contracts, from AED 65,802 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 17,700 a year (AED 15.68 per sqft).
  • Two-beds in Mont Rose 1 sold for AED 1,500,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,174 per sqft.

Source: Dubai Land Department. Updated 26 June 2023.

Questions about 1407, Mont Rose 1

What did unit 1407 last sell for?

AED 945,000 on 26 June 2023: AED 835 per sqft for 1,131 sqft. The unit has 2 registered sales; the first was AED 1,383,260 in November 2014.

What is the rent for unit 1407?

AED 52,000 a year on the contract renewed on 5 December 2021. The previous contract, from December 2020, was AED 52,000; the unit has been rented since July 2018.

How big is unit 1407?

1,131 sqft (105.1 sqm): a two-bedroom apartment on the 14th floor of a 19-storey tower completed in 2018.

What is unit 1407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mont Rose 1 sold for AED 1,500,000 to 1,500,000 in the last 12 months, around AED 1,326 per sqft.

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Mortgage on 1407, Mont Rose 1

Starts from the last sale price (AED 945K, 26 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 945,000
Deposit, UAE resident (20%)
AED 189,000
Deposit, non-resident (40%)
AED 378,000
Monthly over 25 years at 3.7%
AED 3,866

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