2-bed · 1,131 sqftMont Rose 2, Dubai Science Park (Dubiotech) · 16th floor · completed 2018

1606, Mont Rose 2

Sold prices and rental history: sold once, by the developer in September 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 31 July 2024
Last soldAED 1.35M10 September 2017
Current rentAED 94K /yr31 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Mont Rose 2

What is 1606 worth today?

Last sold for AED 1,347,787 in 2017

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31 Jul 2024RentedRenewal
AED 93,500/yr12 months · AED 83 per sqft
31 Jul 2023RentedNew contract
AED 85,000/yr12 months · AED 75 per sqft
5 Jun 2021RentedNew contract
AED 48,000/yr12 months · AED 42 per sqft
15 Sep 2020RentedRenewal
AED 55,000/yr12 months · AED 49 per sqft
15 Sep 2019RentedNew contract
AED 65,000/yr12 months · AED 58 per sqft
20 Feb 2019RentedNew contract
AED 70,000/yr12 months · AED 62 per sqft
10 Sep 2017Sold by developerOff-plan
AED 1,347,787AED 1,191 per sqft

Source: Dubai Land Department. Updated 31 July 2024.

Key facts

Type
2-bed apartment
Size
1,131 sqft
Floor
16th of 19
Parking
B2-58
Developer
Deyaar
Completed
2018
Service charge
AED 17,700 /yr
Last sold
AED 1.35M · September 2017
Building
Mont Rose 2

About 1606, Mont Rose 2

1606 is a two-bedroom apartment of 1,131 sqft on the 16th floor of Mont Rose 2, a 19-storey tower in Dubai Science Park (Dubiotech) completed in 2018 by Deyaar. The developer sold it on 10 September 2017 for AED 1,347,787, or AED 1,191 per sqft, 4% above the AED 1,145 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 31 July 2024, is AED 93,500 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 17,700 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, 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, September 2017: AED 1,347,787 (AED 1,191 per sqft)

1606 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1606, 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, February 2019: AED 70,000 a yearNew contract, September 2019: AED 65,000 a yearRenewal, September 2020: AED 55,000 a yearNew contract, June 2021: AED 48,000 a yearNew contract, July 2023: AED 85,000 a yearRenewal, July 2024: AED 93,500 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 1606 sits

All 72 2-beds →

1606 last sold in September 2017 at AED 1,191 per sqft, 4% above what two-beds in Mont Rose 2 were fetching at the time (AED 1,145). 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. 1606's AED 93,500 is in the lower half 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 16th floor

All 145 units in Mont Rose 2
Value
16011-bedAED 724K · Dec 2023
16022-bedAED 850K · Apr 2023
16032-bedAED 1.36M · Jun 2015
16041-bedAED 885K · Jan 2025
16051-bedAED 902K · Aug 2017
16072-bedAED 1.15M · Jun 2024
16081-bedAED 968K · Jan 2015

1606, Mont Rose 2 in numbers

  • Sold once: by Deyaar on 10 September 2017 for AED 1,347,787, or AED 1,191 per sqft.
  • Rented since February 2019 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 48,000 in 2021 and recovered to AED 93,500 by July 2024.
  • At AED 93,500 a year the gross yield on the 2017 price is 6.9%, 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 31 July 2024.

Questions about 1606, Mont Rose 2

What did unit 1606 last sell for?

AED 1,347,787 on 10 September 2017, sold by the developer: AED 1,191 per sqft for 1,131 sqft. It is the only registered sale of the unit.

What is the rent for unit 1606?

AED 93,500 a year on the contract renewed on 31 July 2024. The previous contract, from July 2023, was AED 85,000; the unit has been rented since February 2019.

How big is unit 1606?

1,131 sqft (105.1 sqm): a two-bedroom apartment on the 16th floor of a 19-storey tower completed in 2018.

What is unit 1606 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 1606, Mont Rose 2

Starts from the last sale price (AED 1.35M, 10 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,347,787
Deposit, UAE resident (20%)
AED 269,557
Deposit, non-resident (40%)
AED 539,115
Monthly over 25 years at 3.7%
AED 5,514

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