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

1607, Mont Rose 2

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 27 June 2024
Last soldAED 1.15M27 June 2024
Current rentAED 70K /yr28 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, Mont Rose 2

What is 1607 worth today?

Last sold for AED 1,150,000 in 2024

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27 Jun 2024SoldReady
AED 1,150,000AED 1,016 per sqft
28 Aug 2023RentedRenewal
AED 70,000/yr12 months · AED 62 per sqft
28 Aug 2022RentedRenewal
AED 60,000/yr12 months · AED 53 per sqft
28 Aug 2021RentedRenewal
AED 55,000/yr12 months · AED 49 per sqft
28 Aug 2020RentedRenewal
AED 55,000/yr12 months · AED 49 per sqft
28 Aug 2019RentedRenewal
AED 68,000/yr12 months · AED 60 per sqft
28 Aug 2018RentedNew contract
AED 75,000/yr12 months · AED 66 per sqft
1 Jul 2018RentedNew contract
AED 99,732/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 27 June 2024.

Key facts

Type
2-bed apartment
Size
1,131 sqft
Floor
16th of 19
Parking
B1-40
Developer
Deyaar
Completed
2018
Service charge
AED 17,700 /yr
Last sold
AED 1.15M · June 2024
Building
Mont Rose 2

About 1607, Mont Rose 2

1607 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. It last sold on 27 June 2024 for AED 1,150,000, or AED 1,016 per sqft, 15% above the AED 884 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 28 August 2023, is AED 70,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 17,700 a year.

Sales and rents for 1607 over time

Sales
Unit 1607, 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, November 2014: AED 1,395,434 (AED 1,233 per sqft)Sold, June 2024: AED 1,150,000 (AED 1,016 per sqft)

1607 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1607, 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 99,732 a yearNew contract, August 2018: AED 75,000 a yearRenewal, August 2019: AED 68,000 a yearRenewal, August 2020: AED 55,000 a yearRenewal, August 2021: AED 55,000 a yearRenewal, August 2022: AED 60,000 a yearRenewal, August 2023: AED 70,000 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 1607 sits

All 72 2-beds →

1607 last sold in June 2024 at AED 1,016 per sqft, 15% above what two-beds in Mont Rose 2 were fetching at the time (AED 884). 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. 1607's AED 70,000 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 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
16062-bedAED 1.35M · Sep 2017
16081-bedAED 968K · Jan 2015

1607, Mont Rose 2 in numbers

  • Sold twice: first on 6 November 2014 for AED 1,395,434, last on 27 June 2024 for AED 1,150,000 (AED 1,016 per sqft).
  • Rented since July 2018 on 7 Ejari contracts. The rent fell from AED 99,732 to AED 55,000 in 2021 and recovered to AED 70,000 by August 2023.
  • At AED 70,000 a year the gross yield on the 2024 price is 6.1%, 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 27 June 2024.

Questions about 1607, Mont Rose 2

What did unit 1607 last sell for?

AED 1,150,000 on 27 June 2024: AED 1,016 per sqft for 1,131 sqft. The unit has 2 registered sales; the first was AED 1,395,434 in November 2014.

What is the rent for unit 1607?

AED 70,000 a year on the contract renewed on 28 August 2023. The previous contract, from August 2022, was AED 60,000; the unit has been rented since July 2018.

How big is unit 1607?

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 1607 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 1607, Mont Rose 2

Starts from the last sale price (AED 1.15M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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