1-bed · 870 sqftMosela Waterside Residences, The Views · 4th floor · completed 2010

408, Mosela Waterside Residences

Sold prices and rental history: sold 5 times, last in October 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 11 October 2024
Last soldAED 1.4M11 October 2024
Current rentAED 100K /yr29 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Mosela Waterside Residences

What is 408 worth today?

Last sold for AED 1,400,000 in 2024

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11 Oct 2024SoldReady
AED 1,400,000AED 1,609 per sqft
29 Jul 2024RentedNew contract
AED 100,000/yr12 months · AED 115 per sqft
30 Aug 2023SoldReady
AED 1,210,000AED 1,390 per sqft
25 Aug 2021RentedRenewal
AED 75,000/yr12 months · AED 86 per sqft
25 Aug 2020RentedRenewal
AED 75,000/yr12 months · AED 86 per sqft
25 Aug 2018RentedNew contract
AED 82,500/yr24 months · AED 95 per sqft
2 Jan 2014SoldReady
AED 1,340,000AED 1,540 per sqft
15 Feb 2011SoldReady
AED 424,944AED 488 per sqft

Source: Dubai Land Department. Updated 11 October 2024.

Key facts

Type
1-bed apartment
Size
870 sqft
Floor
4th of 24
Parking
1
Developer
Emaar
Completed
2010
Service charge
AED 15,500 /yr
Last sold
AED 1.4M · October 2024

About 408, Mosela Waterside Residences

408 is a one-bedroom apartment of 870 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 11 October 2024 for AED 1,400,000, or AED 1,609 per sqft, in line with the AED 1,590 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 29 July 2024, is AED 100,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 15,500 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Mosela Waterside Residences
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 853,888; 2010 AED 869,888; 2011 AED 863,888; 2012 AED 800,000; 2013 AED 1,100,000; 2014 AED 1,363,772; 2015 AED 1,230,000; 2016 AED 1,200,000; 2017 AED 1,225,000; 2018 AED 1,102,500; 2019 AED 850,000; 2021 AED 804,828; 2022 AED 935,000; 2023 AED 1,125,000; 2024 AED 1,328,000; 2025 AED 1,457,500; 2026 AED 1,465,000Sold by developer, August 2009: AED 424,944 (AED 488 per sqft)Sold, February 2011: AED 424,944 (AED 488 per sqft)Sold, January 2014: AED 1,340,000 (AED 1,540 per sqft)Sold, August 2023: AED 1,210,000 (AED 1,390 per sqft)Sold, October 2024: AED 1,400,000 (AED 1,609 per sqft)

408 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 408, each contractTypical one-bed in Mosela Waterside Residences
60K80K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 75,000; 2014 AED 90,000; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 90,000; 2018 AED 82,000; 2019 AED 75,000; 2020 AED 65,000; 2021 AED 60,000; 2022 AED 68,774; 2023 AED 76,825; 2024 AED 90,000; 2025 AED 92,000; 2026 AED 90,000New contract, August 2018: AED 82,500 a yearRenewal, August 2020: AED 75,000 a yearRenewal, August 2021: AED 75,000 a yearNew contract, July 2024: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mosela Waterside Residences, and where 408 sits

All 155 1-beds →

408 last sold in October 2024 at AED 1,609 per sqft, in line with what one-beds in Mosela Waterside Residences were fetching at the time (AED 1,590). Over the last 12 months one-beds sold for AED 1,375,000 to 2,150,000, around AED 1,922 per sqft, and rent for AED 65,000 to 120,000 a year. 408's AED 100,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Aug 20261,440,000
22 Jul 20261,385,000
30 Mar 20261,375,000
4 Mar 20262,150,000
9 1-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
4022-bedAED 1.74M · 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
1–7 of 17

408, Mosela Waterside Residences in numbers

  • Sold 5 times: first on 26 August 2009 for AED 424,944, last on 11 October 2024 for AED 1,400,000 (AED 1,609 per sqft).
  • Rented since August 2018 on 4 Ejari contracts, from AED 82,500 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 15,500 a year (AED 17.82 per sqft).
  • One-beds in Mosela Waterside Residences sold for AED 1,375,000–2,150,000 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 11 October 2024.

Questions about 408, Mosela Waterside Residences

What did unit 408 last sell for?

AED 1,400,000 on 11 October 2024: AED 1,609 per sqft for 870 sqft. The unit has 5 registered sales; the first was AED 424,944 in August 2009.

What is the rent for unit 408?

AED 100,000 a year on the contract signed on 29 July 2024. The previous contract, from August 2021, was AED 75,000; the unit has been rented since August 2018.

How big is unit 408?

870 sqft (80.8 sqm): a one-bedroom apartment on the 4th floor of a 24-storey tower completed in 2010.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mosela Waterside Residences sold for AED 1,375,000 to 2,150,000 in the last 12 months, around AED 1,922 per sqft.

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Mortgage on 408, Mosela Waterside Residences

Starts from the last sale price (AED 1.4M, 11 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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