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2-bed · 1,140 sqftMudon Views Tower 4, Mudon · 2nd floor · completed 2020

218, Mudon Views Tower 4

Sold prices and rental history: sold twice, last in June 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 218 · DLD and Ejari recordsUpdated 19 June 2023
Last soldAED 1.2M19 June 2023
Current rentAED 62K /yr21 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 218, Mudon Views Tower 4

What is 218 worth today?

Last sold for AED 1,200,000 in 2023

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19 Jun 2023SoldReady
AED 1,200,000AED 1,052 per sqft
21 Jul 2022RentedRenewal
AED 62,000/yr12 months · AED 55 per sqft
21 Jul 2021RentedRenewal
AED 55,000/yr12 months · AED 49 per sqft
21 Jul 2020RentedNew contract
AED 55,000/yr12 months · AED 49 per sqft
7 May 2017Sold by developerOff-plan
AED 1,190,000AED 1,058 per sqft

Source: Dubai Land Department. Updated 19 June 2023.

Key facts

Type
2-bed apartment
Size
1,140 sqft
Floor
2nd of 6
Parking
G-156
Developer
MDN Real Estate
Completed
2020
Service charge
AED 22,500 /yr
Last sold
AED 1.2M · June 2023
Building
Mudon Views Tower 4

About 218, Mudon Views Tower 4

218 is a two-bedroom apartment of 1,140 sqft on the 2nd floor of Mudon Views Tower 4, a 6-storey tower in Mudon completed in 2020 by MDN Real Estate. It last sold on 19 June 2023 for AED 1,200,000, or AED 1,052 per sqft, 8% below the AED 1,147 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 21 July 2022, is AED 62,000 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 22,500 a year.

Sales and rents for 218 over time

Sales
Unit 218, each saleTypical two-bed in Mudon Views Tower 4
1M1.5M2017202020232026Typical sale price by year: 2017 AED 1,253,000; 2018 AED 1,080,500; 2019 AED 1,253,000; 2020 AED 1,259,000; 2021 AED 1,394,000; 2022 AED 1,676,000; 2023 AED 1,304,000; 2024 AED 1,420,000; 2025 AED 1,500,000; 2026 AED 1,560,000Sold by developer, May 2017: AED 1,190,000 (AED 1,058 per sqft)Sold, June 2023: AED 1,200,000 (AED 1,052 per sqft)

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

Rents
Unit 218, each contractTypical two-bed in Mudon Views Tower 4
50K75K100K2020202220242026Typical rent by year: 2020 AED 60,000; 2021 AED 65,000; 2022 AED 70,000; 2023 AED 82,750; 2024 AED 95,000; 2025 AED 100,000; 2026 AED 105,000New contract, July 2020: AED 55,000 a yearRenewal, July 2021: AED 55,000 a yearRenewal, July 2022: AED 62,000 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 Mudon Views Tower 4, and where 218 sits

All 86 2-beds →

218 last sold in June 2023 at AED 1,052 per sqft, 8% below what two-beds in Mudon Views Tower 4 were fetching at the time (AED 1,147). Over the last 12 months two-beds sold for AED 1,450,000 to 1,915,000, around AED 1,395 per sqft, and rent for AED 55,000 to 150,000 a year. 218's AED 62,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Aug 20261,570,000
9 Jul 20261,580,000
1 May 20261,915,000
1 May 20261,550,000
10 2-bed sales in the last 12 months

Mudon Views Tower 4

Building

181 apartments, 1-bed to 3-bed over 6 floors in Mudon, completed in 2020 by MDN Real Estate. 19 sold in the last 12 months.

Typical price per sqft
AED 1,367 Up 15.0%
Typical sale
AED 1.45M
Typical rent
AED 72K /yr
Typical yield
6.8%
Mudon Views Tower 4, Mudon: prices, sales and rents →

Other units on the 2nd floor

All 181 units in Mudon Views Tower 4
Value
2011-bedAED 820K · Aug 2018
2021-bedAED 1.18M · Apr 2025
2033-bedAED 1.95M · Aug 2024
2043-bedAED 1.79M · Aug 2021
2051-bedAED 796K · Nov 2017
2061-bedAED 700K · Feb 2023
2071-bedAED 750K · Jun 2024
1–7 of 29

218, Mudon Views Tower 4 in numbers

  • Sold twice: first on 7 May 2017 for AED 1,190,000, last on 19 June 2023 for AED 1,200,000 (AED 1,052 per sqft).
  • Rented since July 2020 on 3 Ejari contracts, from AED 55,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2023 price is 5.2%, before a service charge of about AED 22,500 a year (AED 19.76 per sqft).
  • Two-beds in Mudon Views Tower 4 sold for AED 1,450,000–1,915,000 in the 12 months to November 2026; the building's median across all types is AED 1,367 per sqft.

Source: Dubai Land Department. Updated 19 June 2023.

Questions about 218, Mudon Views Tower 4

What did unit 218 last sell for?

AED 1,200,000 on 19 June 2023: AED 1,052 per sqft for 1,140 sqft. The unit has 2 registered sales; the first was AED 1,190,000 in May 2017.

What is the rent for unit 218?

AED 62,000 a year on the contract renewed on 21 July 2022. The previous contract, from July 2021, was AED 55,000; the unit has been rented since July 2020.

How big is unit 218?

1,140 sqft (105.9 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 218 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mudon Views Tower 4 sold for AED 1,450,000 to 1,915,000 in the last 12 months, around AED 1,395 per sqft.

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Mortgage on 218, Mudon Views Tower 4

Starts from the last sale price (AED 1.2M, 19 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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