2-bed · 1,131 sqftMont Rose 1, Dubai Science Park (Dubiotech) · 15th floor · completed 2018

1503, Mont Rose 1

Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 20 July 2024
Last soldAED 1.38M20 November 2014
Current rentAED 110K /yr20 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Mont Rose 1

What is 1503 worth today?

Last sold for AED 1,377,172 in 2014

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20 Jul 2024RentedNew contract
AED 110,000/yr12 months · AED 97 per sqft
21 Jun 2023RentedRenewal
AED 75,000/yr12 months · AED 66 per sqft
21 Jun 2022RentedRenewal
AED 60,000/yr12 months · AED 53 per sqft
21 Jun 2021RentedRenewal
AED 60,000/yr12 months · AED 53 per sqft
21 Jun 2020RentedRenewal
AED 60,000/yr12 months · AED 53 per sqft
15 Jun 2019RentedNew contract
AED 69,836/yr12 months · AED 62 per sqft
20 Nov 2014Sold by developerOff-plan
AED 1,377,172AED 1,217 per sqft

Source: Dubai Land Department. Updated 20 July 2024.

Key facts

Type
2-bed apartment
Size
1,131 sqft
Floor
15th of 19
Parking
B2-84
Developer
Deyaar
Completed
2018
Service charge
AED 17,700 /yr
Last sold
AED 1.38M · November 2014
Building
Mont Rose 1

About 1503, Mont Rose 1

1503 is a two-bedroom apartment of 1,131 sqft on the 15th floor of Mont Rose 1, a 19-storey tower in Dubai Science Park (Dubiotech) completed in 2018 by Deyaar. The developer sold it on 20 November 2014 for AED 1,377,172, or AED 1,217 per sqft, 4% above the AED 1,169 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 20 July 2024, is AED 110,000 a year: a gross yield of 8.0% on the 2014 price, before the service charge of about AED 17,700 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, 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 1,377,172 (AED 1,217 per sqft)

1503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, each contractTypical two-bed in Mont Rose 1
50K100K2018202120242027Typical 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, June 2019: AED 69,836 a yearRenewal, June 2020: AED 60,000 a yearRenewal, June 2021: AED 60,000 a yearRenewal, June 2022: AED 60,000 a yearRenewal, June 2023: AED 75,000 a yearNew contract, July 2024: AED 110,000 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 1503 sits

All 68 2-beds →

1503 last sold in November 2014 at AED 1,217 per sqft, 4% above what two-beds in Mont Rose 1 were fetching at the time (AED 1,169). 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. 1503's AED 110,000 is in the upper half 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 15th floor

All 145 units in Mont Rose 1
Value
15011-bedAED 918K · Jan 2015
15022-bedAED 765K · Jul 2021
15041-bedAED 951K · Dec 2014
15051-bedAED 918K · Sep 2014
15081-bedAED 936K · Dec 2016

1503, Mont Rose 1 in numbers

  • Sold once: by Deyaar on 20 November 2014 for AED 1,377,172, or AED 1,217 per sqft.
  • Rented since June 2019 on 6 Ejari contracts. The rent fell from AED 69,836 to AED 60,000 in 2022 and recovered to AED 110,000 by July 2024.
  • At AED 110,000 a year the gross yield on the 2014 price is 8.0%, 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 20 July 2024.

Questions about 1503, Mont Rose 1

What did unit 1503 last sell for?

AED 1,377,172 on 20 November 2014, sold by the developer: AED 1,217 per sqft for 1,131 sqft. It is the only registered sale of the unit.

What is the rent for unit 1503?

AED 110,000 a year on the contract signed on 20 July 2024. The previous contract, from June 2023, was AED 75,000; the unit has been rented since June 2019.

How big is unit 1503?

1,131 sqft (105.1 sqm): a two-bedroom apartment on the 15th floor of a 19-storey tower completed in 2018.

What is unit 1503 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 1503, Mont Rose 1

Starts from the last sale price (AED 1.38M, 20 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,377,172
Deposit, UAE resident (20%)
AED 275,434
Deposit, non-resident (40%)
AED 550,869
Monthly over 25 years at 3.7%
AED 5,634

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