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2-bed · 1,131 sqftMont Rose 2, Dubai Science Park (Dubiotech) · 12th floor · completed 2018

1202, Mont Rose 2

Sold prices and rental history: sold once, by the developer in December 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 14 December 2022
Last soldAED 850K14 December 2022
Current rentAED 50K /yr20 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1202, Mont Rose 2

What is 1202 worth today?

Last sold for AED 850,000 in 2022

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14 Dec 2022Sold by developerReady
AED 850,000AED 751 per sqft
20 Jul 2020RentedNew contract
AED 50,000/yr12 months · AED 44 per sqft
15 Jul 2018RentedNew contract
AED 74,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 14 December 2022.

Key facts

Type
2-bed apartment
Size
1,131 sqft
Floor
12th of 19
Parking
B2-57
Developer
Deyaar
Completed
2018
Service charge
AED 17,700 /yr
Last sold
AED 850K · December 2022
Building
Mont Rose 2

About 1202, Mont Rose 2

1202 is a two-bedroom apartment of 1,131 sqft on the 12th floor of Mont Rose 2, a 19-storey tower in Dubai Science Park (Dubiotech) completed in 2018 by Deyaar. The developer sold it on 14 December 2022 for AED 850,000, or AED 751 per sqft, in line with the AED 756 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 20 July 2020, is AED 50,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 17,700 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical two-bed in Mont Rose 2
1M1.25M2014201820222026Typical sale price by year: 2014 AED 1,322,085; 2015 AED 1,295,940; 2016 AED 1,300,926; 2017 AED 1,295,845; 2018 AED 1,220,565; 2019 AED 1,390,000; 2022 AED 855,500; 2023 AED 930,000; 2024 AED 1,150,000; 2025 AED 1,290,000; 2026 AED 1,367,025Sold by developer, December 2022: AED 850,000 (AED 751 per sqft)

1202 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1202, each contractTypical two-bed in Mont Rose 2
50K75K100K2018202120242027Typical rent by year: 2018 AED 70,000; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 52,000; 2022 AED 60,000; 2023 AED 74,250; 2024 AED 90,000; 2025 AED 95,000; 2026 AED 93,000New contract, July 2018: AED 74,000 a yearNew contract, July 2020: AED 50,000 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 2, and where 1202 sits

All 72 2-beds →

1202 last sold in December 2022 at AED 751 per sqft, in line with what two-beds in Mont Rose 2 were fetching at the time (AED 756). Over the last 12 months two-beds sold for AED 1,179,000 to 1,500,000, around AED 1,208 per sqft, and rent for AED 76,230 to 120,000 a year. 1202's AED 50,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jun 20261,361,560
12 Jun 20261,367,025
12 Jun 20261,367,025
12 Jun 20261,367,025
9 2-bed sales in the last 12 months

Mont Rose 2

Building

145 apartments, 1-bed to 3-bed over 19 floors in Dubai Science Park (Dubiotech), completed in 2018 by Deyaar. 14 sold in the last 12 months.

Typical price per sqft
AED 1,206
Typical sale
AED 1.36M
Typical rent
AED 73K /yr
Typical yield
7.1%
Mont Rose 2, Dubai Science Park (Dubiotech): prices, sales and rents →

Other units on the 12th floor

All 145 units in Mont Rose 2
Value
12011-bedAED 903K · Feb 2017
12032-bedAED 1.35M · Jan 2015
12041-bedAED 883K · Aug 2017
12051-bedAED 883K · Aug 2017
12062-bedAED 1.3M · Mar 2017
12072-bedAED 1.3M · Mar 2017
12081-bedAED 750K · May 2024

1202, Mont Rose 2 in numbers

  • Sold once: by Deyaar on 14 December 2022 for AED 850,000, or AED 751 per sqft.
  • Rented since July 2018 on 2 Ejari contracts, from AED 74,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 17,700 a year (AED 15.68 per sqft).
  • Two-beds in Mont Rose 2 sold for AED 1,179,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,206 per sqft.

Source: Dubai Land Department. Updated 14 December 2022.

Questions about 1202, Mont Rose 2

What did unit 1202 last sell for?

AED 850,000 on 14 December 2022, sold by the developer: AED 751 per sqft for 1,131 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 50,000 a year on the contract signed on 20 July 2020. The previous contract, from July 2018, was AED 74,000.

How big is unit 1202?

1,131 sqft (105.1 sqm): a two-bedroom apartment on the 12th floor of a 19-storey tower completed in 2018.

What is unit 1202 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 2 sold for AED 1,179,000 to 1,500,000 in the last 12 months, around AED 1,208 per sqft.

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Mortgage on 1202, Mont Rose 2

Starts from the last sale price (AED 850K, 14 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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