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2-bed · 1,654 sqftMosela Waterside Residences, The Views · 3rd floor · completed 2010

316, Mosela Waterside Residences

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 6 July 2024
Last soldAED 2.4M24 April 2024
Current rentAED 130K /yr6 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 316, Mosela Waterside Residences

What is 316 worth today?

Last sold for AED 2,400,000 in 2024

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6 Jul 2024RentedRenewal
AED 129,523/yr10 months · AED 79 per sqft
24 Apr 2024SoldReady
AED 2,400,000AED 1,451 per sqft
7 Jul 2023RentedRenewal
AED 130,000/yr12 months · AED 78 per sqft
7 Jul 2022RentedNew contract
AED 130,000/yr12 months · AED 78 per sqft
3 Jul 2021RentedRenewal
AED 120,000/yr12 months · AED 72 per sqft
3 Jul 2020RentedRenewal
AED 115,000/yr12 months · AED 69 per sqft
3 Jul 2019RentedNew contract
AED 130,000/yr12 months · AED 78 per sqft
20 Feb 2019RentedRenewal
AED 150,000/yr4 months · AED 90 per sqft

Source: Dubai Land Department. Updated 6 July 2024.

Key facts

Type
2-bed apartment
Size
1,654 sqft
Floor
3rd of 24
Parking
2
Developer
Emaar
Completed
2010
Service charge
AED 29,500 /yr
Last sold
AED 2.4M · April 2024
Building
Mosela Waterside Residences

About 316, Mosela Waterside Residences

316 is a two-bedroom apartment of 1,654 sqft on the 3rd floor of Mosela Waterside Residences, a 24-storey tower in The Views completed in 2010 by Emaar. It last sold on 24 April 2024 for AED 2,400,000, or AED 1,451 per sqft, 8% below the AED 1,581 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 6 July 2024, is AED 129,523 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 29,500 a year.

Sales and rents for 316 over time

Sales
Unit 316, 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, March 2010: AED 1,694,888 (AED 1,024 per sqft)Sold, February 2011: AED 1,694,888 (AED 1,024 per sqft)Sold, April 2024: AED 2,400,000 (AED 1,451 per sqft)

316 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 316, 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, January 2013: AED 100,000 a yearNew contract, January 2014: AED 134,638 a yearNew contract, February 2015: AED 155,000 a yearRenewal, February 2016: AED 155,000 a yearRenewal, February 2017: AED 155,000 a yearRenewal, February 2018: AED 150,000 a yearRenewal, February 2019: AED 150,000 a yearNew contract, July 2019: AED 130,000 a yearRenewal, July 2020: AED 115,000 a yearRenewal, July 2021: AED 120,000 a yearNew contract, July 2022: AED 130,000 a yearRenewal, July 2023: AED 130,000 a yearRenewal, July 2024: AED 129,523 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 316 sits

All 131 2-beds →

316 last sold in April 2024 at AED 1,451 per sqft, 8% below what two-beds in Mosela Waterside Residences were fetching at the time (AED 1,581). 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. 316's AED 129,523 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 →

Other units on the 3rd floor

All 320 units in Mosela Waterside Residences
Value
3012-bedAED 1.3M · Oct 2011
3022-bedAED 2.38M · Aug 2014
3032-bedAED 1.9M · Jun 2013
3042-bedAED 1.63M · Feb 2011
305StudioAED 850K · Jul 2013
3061-bedAED 902K · Feb 2011
3071-bedAED 683K · Feb 2014
1–7 of 17

316, Mosela Waterside Residences in numbers

  • Sold 3 times: first on 2 March 2010 for AED 1,694,888, last on 24 April 2024 for AED 2,400,000 (AED 1,451 per sqft).
  • Rented since January 2013 on 13 Ejari contracts, from AED 100,000 to AED 129,523 a year.
  • At AED 129,523 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 29,500 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 6 July 2024.

Questions about 316, Mosela Waterside Residences

What did unit 316 last sell for?

AED 2,400,000 on 24 April 2024: AED 1,451 per sqft for 1,654 sqft. The unit has 3 registered sales; the first was AED 1,694,888 in March 2010.

What is the rent for unit 316?

AED 129,523 a year on the contract renewed on 6 July 2024. The previous contract, from July 2023, was AED 130,000; the unit has been rented since January 2013.

How big is unit 316?

1,654 sqft (153.7 sqm): a two-bedroom apartment on the 3rd floor of a 24-storey tower completed in 2010.

What is unit 316 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 316, Mosela Waterside Residences

Starts from the last sale price (AED 2.4M, 24 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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