2-bed · 1,462 sqftMosela Waterside Residences, The Views · 4th floor · completed 2010

402, Mosela Waterside Residences

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

Unit 402 · DLD and Ejari recordsUpdated 1 May 2023
Last soldAED 1.74M13 February 2011
Current rentAED 145K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Mosela Waterside Residences

What is 402 worth today?

Last sold for AED 1,741,888 in 2011

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1 May 2023RentedNew contract
AED 145,000/yr12 months · AED 99 per sqft
14 Aug 2021RentedNew contract
AED 110,000/yr12 months · AED 75 per sqft
6 Feb 2021RentedNew contract
AED 110,000/yr12 months · AED 75 per sqft
21 Jan 2020RentedRenewal
AED 135,000/yr12 months · AED 92 per sqft
21 Jan 2019RentedNew contract
AED 135,000/yr12 months · AED 92 per sqft
15 Jan 2017RentedNew contract
AED 145,000/yr12 months · AED 99 per sqft
22 Apr 2015RentedNew contract
AED 155,000/yr12 months · AED 106 per sqft
1 Nov 2013RentedNew contract
AED 140,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 1 May 2023.

Key facts

Type
2-bed apartment
Size
1,462 sqft
Floor
4th of 24
Parking
1
Developer
Emaar
Completed
2010
Service charge
AED 26,100 /yr
Last sold
AED 1.74M · February 2011

About 402, Mosela Waterside Residences

402 is a two-bedroom apartment of 1,462 sqft on the 4th floor of Mosela Waterside Residences, a 24-storey tower in The Views completed in 2010 by Emaar. It last sold on 13 February 2011 for AED 1,741,888, or AED 1,191 per sqft, in line with the AED 1,194 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 May 2023, is AED 145,000 a year: a gross yield of 8.3% on the 2011 price, before the service charge of about AED 26,100 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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 1,741,888 (AED 1,191 per sqft)Sold, February 2011: AED 1,741,888 (AED 1,191 per sqft)

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

Rents
Unit 402, 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 140,000 a yearNew contract, April 2015: AED 155,000 a yearNew contract, January 2017: AED 145,000 a yearNew contract, January 2019: AED 135,000 a yearRenewal, January 2020: AED 135,000 a yearNew contract, February 2021: AED 110,000 a yearNew contract, August 2021: AED 110,000 a yearNew contract, May 2023: AED 145,000 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 402 sits

All 131 2-beds →

402 last sold in February 2011 at AED 1,191 per sqft, in line with what two-beds in Mosela Waterside Residences were fetching at the time (AED 1,194). 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. 402's AED 145,000 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
4012-bedAED 1.92M · Feb 2011
4032-bedAED 2.55M · May 2014
4042-bedAED 1.64M · Feb 2011
405StudioAED 707K · Feb 2011
4061-bedAED 740K · Feb 2011
4071-bedAED 625K · Dec 2010
4081-bedAED 1.4M · Oct 2024
1–7 of 17

402, Mosela Waterside Residences in numbers

  • Sold twice: first on 2 August 2009 for AED 1,741,888, last on 13 February 2011 for AED 1,741,888 (AED 1,191 per sqft).
  • Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 110,000 in 2021 and recovered to AED 145,000 by May 2023.
  • At AED 145,000 a year the gross yield on the 2011 price is 8.3%, before a service charge of about AED 26,100 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 1 May 2023.

Questions about 402, Mosela Waterside Residences

What did unit 402 last sell for?

AED 1,741,888 on 13 February 2011: AED 1,191 per sqft for 1,462 sqft. The unit has 2 registered sales; the first was AED 1,741,888 in August 2009.

What is the rent for unit 402?

AED 145,000 a year on the contract signed on 1 May 2023. The previous contract, from August 2021, was AED 110,000; the unit has been rented since November 2013.

How big is unit 402?

1,462 sqft (135.8 sqm): a two-bedroom apartment on the 4th floor of a 24-storey tower completed in 2010.

What is unit 402 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 402, Mosela Waterside Residences

Starts from the last sale price (AED 1.74M, 13 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,741,888
Deposit, UAE resident (20%)
AED 348,378
Deposit, non-resident (40%)
AED 696,755
Monthly over 25 years at 3.7%
AED 7,127

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