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

1503, Mont Rose 2

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 1503 · DLD and Ejari recordsUpdated 23 June 2024
Last soldAED 900K14 June 2023
Current rentAED 76K /yr23 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Mont Rose 2

What is 1503 worth today?

Last sold for AED 900,000 in 2023

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23 Jun 2024RentedRenewal
AED 75,600/yr6 months · AED 67 per sqft
23 Jun 2023RentedNew contract
AED 63,000/yr12 months · AED 56 per sqft
14 Jun 2023SoldReady
AED 900,000AED 795 per sqft
23 Jun 2022RentedNew contract
AED 60,000/yr12 months · AED 53 per sqft
1 Feb 2021RentedRenewal
AED 55,000/yr12 months · AED 49 per sqft
1 Feb 2020RentedNew contract
AED 55,000/yr12 months · AED 49 per sqft
1 Oct 2018RentedNew contract
AED 70,000/yr12 months · AED 62 per sqft
22 Oct 2014Sold by developerOff-plan
AED 1,377,172AED 1,217 per sqft

Source: Dubai Land Department. Updated 23 June 2024.

Key facts

Type
2-bed apartment
Size
1,131 sqft
Floor
15th of 19
Parking
B1-55
Developer
Deyaar
Completed
2018
Service charge
AED 17,700 /yr
Last sold
AED 900K · June 2023
Building
Mont Rose 2

About 1503, Mont Rose 2

1503 is a two-bedroom apartment of 1,131 sqft on the 15th floor of Mont Rose 2, a 19-storey tower in Dubai Science Park (Dubiotech) completed in 2018 by Deyaar. It last sold on 14 June 2023 for AED 900,000, or AED 795 per sqft, 6% above the AED 751 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 23 June 2024, is AED 75,600 a year: a gross yield of 8.4% on the 2023 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 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, October 2014: AED 1,377,172 (AED 1,217 per sqft)Sold, June 2023: AED 900,000 (AED 795 per sqft)

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

Rents
Unit 1503, each contractTypical two-bed in Mont Rose 2
60K80K100K2018202120242027Typical 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, October 2018: AED 70,000 a yearNew contract, February 2020: AED 55,000 a yearRenewal, February 2021: AED 55,000 a yearNew contract, June 2022: AED 60,000 a yearNew contract, June 2023: AED 63,000 a yearRenewal, June 2024: AED 75,600 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 1503 sits

All 72 2-beds →

1503 last sold in June 2023 at AED 795 per sqft, 6% above what two-beds in Mont Rose 2 were fetching at the time (AED 751). 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. 1503's AED 75,600 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 15th floor

All 145 units in Mont Rose 2
Value
15011-bedAED 805K · Jun 2024
15022-bedAED 920K · Aug 2023
15041-bedAED 899K · Aug 2017
15051-bedAED 735K · Jan 2024
15062-bedAED 1.36M · Jun 2026
15072-bedAED 1.34M · Feb 2017
15081-bedAED 964K · Oct 2014

1503, Mont Rose 2 in numbers

  • Sold twice: first on 22 October 2014 for AED 1,377,172, last on 14 June 2023 for AED 900,000 (AED 795 per sqft).
  • Rented since October 2018 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 55,000 in 2021 and recovered to AED 75,600 by June 2024.
  • At AED 75,600 a year the gross yield on the 2023 price is 8.4%, 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 23 June 2024.

Questions about 1503, Mont Rose 2

What did unit 1503 last sell for?

AED 900,000 on 14 June 2023: AED 795 per sqft for 1,131 sqft. The unit has 2 registered sales; the first was AED 1,377,172 in October 2014.

What is the rent for unit 1503?

AED 75,600 a year on the contract renewed on 23 June 2024. The previous contract, from June 2023, was AED 63,000; the unit has been rented since October 2018.

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 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 1503, Mont Rose 2

Starts from the last sale price (AED 900K, 14 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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