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2-bed · 1,131 sqftMont Rose 2, Dubai Science Park (Dubiotech) · 7th floor · completed 2018

702, Mont Rose 2

Sold prices and rental history: sold once, by the developer in November 2014, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 1 August 2021
Last soldAED 1.32M5 November 2014
Current rentAED 55K /yr1 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Mont Rose 2

What is 702 worth today?

Last sold for AED 1,316,300 in 2014

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1 Aug 2021RentedRenewal
AED 55,000/yr12 months · AED 49 per sqft
1 Jun 2020RentedRenewal
AED 68,000/yr14 months · AED 60 per sqft
1 Jun 2019RentedNew contract
AED 68,000/yr12 months · AED 60 per sqft
5 Nov 2014Sold by developerOff-plan
AED 1,316,300AED 1,163 per sqft

Source: Dubai Land Department. Updated 1 August 2021.

Key facts

Type
2-bed apartment
Size
1,131 sqft
Floor
7th of 19
Parking
B2-45
Developer
Deyaar
Completed
2018
Service charge
AED 17,700 /yr
Last sold
AED 1.32M · November 2014
Building
Mont Rose 2

About 702, Mont Rose 2

702 is a two-bedroom apartment of 1,131 sqft on the 7th floor of Mont Rose 2, a 19-storey tower in Dubai Science Park (Dubiotech) completed in 2018 by Deyaar. The developer sold it on 5 November 2014 for AED 1,316,300, or AED 1,163 per sqft, in line with the AED 1,169 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 August 2021, is AED 55,000 a year: a gross yield of 4.2% on the 2014 price, before the service charge of about AED 17,700 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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 1,316,300 (AED 1,163 per sqft)

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

Rents
Unit 702, 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, June 2019: AED 68,000 a yearRenewal, June 2020: AED 68,000 a yearRenewal, August 2021: AED 55,000 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 702 sits

All 72 2-beds →

702 last sold in November 2014 at AED 1,163 per sqft, in line with what two-beds in Mont Rose 2 were fetching at the time (AED 1,169). 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. 702's AED 55,000 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 7th floor

All 145 units in Mont Rose 2
Value
7011-bedAED 793K · May 2017
7032-bedAED 1.32M · Dec 2014
7041-bedAED 923K · Nov 2014
7051-bedAED 923K · Jan 2015
7062-bedAED 1.33M · Oct 2014
7072-bedAED 1.33M · Dec 2014
7081-bedAED 923K · Oct 2014

702, Mont Rose 2 in numbers

  • Sold once: by Deyaar on 5 November 2014 for AED 1,316,300, or AED 1,163 per sqft.
  • Rented since June 2019 on 3 Ejari contracts, from AED 68,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2014 price is 4.2%, 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 1 August 2021.

Questions about 702, Mont Rose 2

What did unit 702 last sell for?

AED 1,316,300 on 5 November 2014, sold by the developer: AED 1,163 per sqft for 1,131 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 55,000 a year on the contract renewed on 1 August 2021. The previous contract, from June 2020, was AED 68,000; the unit has been rented since June 2019.

How big is unit 702?

1,131 sqft (105.1 sqm): a two-bedroom apartment on the 7th floor of a 19-storey tower completed in 2018.

What is unit 702 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 702, Mont Rose 2

Starts from the last sale price (AED 1.32M, 5 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,316,300
Deposit, UAE resident (20%)
AED 263,260
Deposit, non-resident (40%)
AED 526,520
Monthly over 25 years at 3.7%
AED 5,385

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