2-bed · 1,295 sqftMosela Waterside Residences, The Views · 12th floor · completed 2010

1216, Mosela Waterside Residences

Sold prices and rental history: sold twice, last in January 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1216 · DLD and Ejari recordsUpdated 16 July 2024
Last soldAED 1.73M27 January 2011
Current rentAED 148K /yr16 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1216, Mosela Waterside Residences

What is 1216 worth today?

Last sold for AED 1,727,888 in 2011

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16 Jul 2024RentedRenewal
AED 148,000/yr12 months · AED 115 per sqft
16 Jul 2023RentedNew contract
AED 148,000/yr12 months · AED 115 per sqft
15 Jul 2022RentedRenewal
AED 108,000/yr12 months · AED 84 per sqft
15 Jul 2021RentedRenewal
AED 100,000/yr12 months · AED 77 per sqft
15 Jul 2020RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
9 Jul 2018RentedNew contract
AED 135,000/yr12 months · AED 104 per sqft
1 Dec 2017RentedNew contract
AED 145,000/yr12 months · AED 112 per sqft
3 Nov 2014RentedRenewal
AED 150,000/yr24 months · AED 116 per sqft

Source: Dubai Land Department. Updated 16 July 2024.

Key facts

Type
2-bed apartment
Size
1,295 sqft
Floor
12th of 24
Parking
1
Developer
Emaar
Completed
2010
Service charge
AED 23,100 /yr
Last sold
AED 1.73M · January 2011

About 1216, Mosela Waterside Residences

1216 is a two-bedroom apartment of 1,295 sqft on the 12th floor of Mosela Waterside Residences, a 24-storey tower in The Views completed in 2010 by Emaar. It last sold on 27 January 2011 for AED 1,727,888, or AED 1,334 per sqft, 11% above the AED 1,204 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 16 July 2024, is AED 148,000 a year: a gross yield of 8.6% on the 2011 price, before the service charge of about AED 23,100 a year.

Sales and rents for 1216 over time

Sales
Unit 1216, each saleTypical two-bed in Mosela Waterside Residences
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,696,888; 2010 AED 1,728,888; 2011 AED 1,728,388; 2012 AED 1,587,500; 2013 AED 1,790,000; 2014 AED 2,387,500; 2015 AED 2,125,000; 2016 AED 1,925,000; 2017 AED 2,025,000; 2018 AED 1,720,000; 2019 AED 1,180,000; 2020 AED 1,200,000; 2021 AED 1,557,170; 2022 AED 1,707,500; 2023 AED 2,200,000; 2024 AED 2,400,000; 2025 AED 2,900,000; 2026 AED 2,850,000Sold by developer, August 2009: AED 1,727,888 (AED 1,334 per sqft)Sold, January 2011: AED 1,727,888 (AED 1,334 per sqft)

1216 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1216, each contractTypical two-bed in Mosela Waterside Residences
100K150K2012201620202024Typical rent by year: 2012 AED 108,000; 2013 AED 120,000; 2014 AED 135,000; 2015 AED 148,258; 2016 AED 149,599; 2017 AED 143,500; 2018 AED 130,000; 2019 AED 115,000; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 115,000; 2023 AED 130,000; 2024 AED 155,000; 2025 AED 160,000; 2026 AED 160,000New contract, November 2013: AED 150,000 a yearRenewal, November 2014: AED 150,000 a yearNew contract, December 2017: AED 145,000 a yearNew contract, July 2018: AED 135,000 a yearNew contract, July 2020: AED 100,000 a yearRenewal, July 2021: AED 100,000 a yearRenewal, July 2022: AED 108,000 a yearNew contract, July 2023: AED 148,000 a yearRenewal, July 2024: AED 148,000 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 Mosela Waterside Residences, and where 1216 sits

All 131 2-beds →

1216 last sold in January 2011 at AED 1,334 per sqft, 11% above what two-beds in Mosela Waterside Residences were fetching at the time (AED 1,204). Over the last 12 months two-beds sold for AED 2,650,000 to 3,500,000, around AED 1,882 per sqft, and rent for AED 80,000 to 280,319 a year. 1216's AED 148,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20262,665,000
19 Oct 20262,850,000
19 Sep 20262,650,000
10 Aug 20263,050,000
5 2-bed sales in the last 12 months

Mosela Waterside Residences

Building

320 apartments, studios to 3-bed over 24 floors in The Views, completed in 2010 by Emaar. 17 sold in the last 12 months.

Typical price per sqft
AED 1,922 Up 3.6%
Typical sale
AED 1.53M
Typical rent
AED 100K /yr
Typical yield
6.0%
Mosela Waterside Residences, The Views: prices, sales and rents →
Value
12012-bedAED 1.34M · Jan 2021
12021-bedAED 1.74M · Feb 2026
12032-bedAED 1.77M · Apr 2011
12042-bedAED 1.61M · Feb 2011
12061-bedAED 1.25M · Apr 2015
12071-bedAED 1.5M · May 2025
12081-bedAED 1.38M · Mar 2025
1–7 of 15

1216, Mosela Waterside Residences in numbers

  • Sold twice: first on 2 August 2009 for AED 1,727,888, last on 27 January 2011 for AED 1,727,888 (AED 1,334 per sqft).
  • Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 100,000 in 2021 and recovered to AED 148,000 by July 2024.
  • At AED 148,000 a year the gross yield on the 2011 price is 8.6%, before a service charge of about AED 23,100 a year (AED 17.82 per sqft).
  • Two-beds in Mosela Waterside Residences sold for AED 2,650,000–3,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,922 per sqft.

Source: Dubai Land Department. Updated 16 July 2024.

Questions about 1216, Mosela Waterside Residences

What did unit 1216 last sell for?

AED 1,727,888 on 27 January 2011: AED 1,334 per sqft for 1,295 sqft. The unit has 2 registered sales; the first was AED 1,727,888 in August 2009.

What is the rent for unit 1216?

AED 148,000 a year on the contract renewed on 16 July 2024. The previous contract, from July 2023, was AED 148,000; the unit has been rented since November 2013.

How big is unit 1216?

1,295 sqft (120.3 sqm): a two-bedroom apartment on the 12th floor of a 24-storey tower completed in 2010.

What is unit 1216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mosela Waterside Residences sold for AED 2,650,000 to 3,500,000 in the last 12 months, around AED 1,882 per sqft.

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Mortgage on 1216, Mosela Waterside Residences

Starts from the last sale price (AED 1.73M, 27 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,727,888
Deposit, UAE resident (20%)
AED 345,578
Deposit, non-resident (40%)
AED 691,155
Monthly over 25 years at 3.7%
AED 7,069

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