2-bed · 1,131 sqftMont Rose 1, Dubai Science Park (Dubiotech) · 5th floor · completed 2018

506, Mont Rose 1

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1.27M24 May 2017
Current rentAED 72K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Mont Rose 1

What is 506 worth today?

Last sold for AED 1,269,937 in 2017

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15 Aug 2024RentedRenewal
AED 72,000/yr12 months · AED 64 per sqft
15 Aug 2023RentedNew contract
AED 72,000/yr12 months · AED 64 per sqft
6 Apr 2022RentedRenewal
AED 55,000/yr12 months · AED 49 per sqft
1 Apr 2021RentedRenewal
AED 55,000/yr12 months · AED 49 per sqft
1 Apr 2020RentedRenewal
AED 65,000/yr12 months · AED 58 per sqft
1 Oct 2019RentedRenewal
AED 74,000/yr6 months · AED 65 per sqft
1 Oct 2018RentedNew contract
AED 70,000/yr12 months · AED 62 per sqft
24 May 2017Sold by developerOff-plan
AED 1,269,937AED 1,122 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
2-bed apartment
Size
1,131 sqft
Floor
5th of 19
Parking
B2-109
Developer
Deyaar
Completed
2018
Service charge
AED 17,700 /yr
Last sold
AED 1.27M · May 2017
Building
Mont Rose 1

About 506, Mont Rose 1

506 is a two-bedroom apartment of 1,131 sqft on the 5th floor of Mont Rose 1, a 19-storey tower in Dubai Science Park (Dubiotech) completed in 2018 by Deyaar. The developer sold it on 24 May 2017 for AED 1,269,937, or AED 1,122 per sqft, in line with the AED 1,155 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 72,000 a year: a gross yield of 5.7% on the 2017 price, before the service charge of about AED 17,700 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical two-bed in Mont Rose 1
750K1M1.25M20142017202020232026Typical 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, May 2017: AED 1,269,937 (AED 1,122 per sqft)

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

Rents
Unit 506, 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, October 2018: AED 70,000 a yearRenewal, October 2019: AED 74,000 a yearRenewal, April 2020: AED 65,000 a yearRenewal, April 2021: AED 55,000 a yearRenewal, April 2022: AED 55,000 a yearNew contract, August 2023: AED 72,000 a yearRenewal, August 2024: AED 72,000 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 506 sits

All 68 2-beds →

506 last sold in May 2017 at AED 1,122 per sqft, in line with what two-beds in Mont Rose 1 were fetching at the time (AED 1,155). 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. 506's AED 72,000 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 5th floor

All 145 units in Mont Rose 1
Value
5011-bedAED 750K · May 2023
5022-bedAED 1.3M · Dec 2014
5032-bedAED 1.28M · Oct 2019
5041-bedAED 865K · Aug 2025
5051-bedAED 852K · Mar 2021
5072-bedAED 1.33M · Dec 2024
5081-bedAED 903K · Oct 2014

506, Mont Rose 1 in numbers

  • Sold once: by Deyaar on 24 May 2017 for AED 1,269,937, or AED 1,122 per sqft.
  • Rented since October 2018 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 55,000 in 2022 and recovered to AED 72,000 by August 2024.
  • At AED 72,000 a year the gross yield on the 2017 price is 5.7%, 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 15 August 2024.

Questions about 506, Mont Rose 1

What did unit 506 last sell for?

AED 1,269,937 on 24 May 2017, sold by the developer: AED 1,122 per sqft for 1,131 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 72,000 a year on the contract renewed on 15 August 2024. The previous contract, from August 2023, was AED 72,000; the unit has been rented since October 2018.

How big is unit 506?

1,131 sqft (105.1 sqm): a two-bedroom apartment on the 5th floor of a 19-storey tower completed in 2018.

What is unit 506 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 506, Mont Rose 1

Starts from the last sale price (AED 1.27M, 24 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,269,937
Deposit, UAE resident (20%)
AED 253,987
Deposit, non-resident (40%)
AED 507,975
Monthly over 25 years at 3.7%
AED 5,196

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