2-bed · 1,450 sqftMosela Waterside Residences, The Views · 4th floor · completed 2010

417, Mosela Waterside Residences

Sold prices and rental history: sold 3 times, last in July 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 417 · DLD and Ejari recordsUpdated 13 July 2016
Last soldAED 2.15M13 July 2016
Current rentAED 130K /yr1 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 417, Mosela Waterside Residences

What is 417 worth today?

Last sold for AED 2,150,000 in 2016

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13 Jul 2016SoldReady
AED 2,150,000AED 1,482 per sqft
1 Dec 2015RentedRenewal
AED 130,000/yr12 months · AED 89 per sqft
1 Dec 2014RentedNew contract
AED 130,000/yr12 months · AED 89 per sqft
1 Dec 2013RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
1 Dec 2012RentedNew contract
AED 90,000/yr12 months · AED 62 per sqft
24 Feb 2011SoldReady
AED 1,685,888AED 1,162 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,685,888AED 1,162 per sqft

Source: Dubai Land Department. Updated 13 July 2016.

Key facts

Type
2-bed apartment
Size
1,450 sqft
Floor
4th of 24
Parking
1
Developer
Emaar
Completed
2010
Service charge
AED 25,800 /yr
Last sold
AED 2.15M · July 2016

About 417, Mosela Waterside Residences

417 is a two-bedroom apartment of 1,450 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 July 2016 for AED 2,150,000, or AED 1,482 per sqft, 11% above the AED 1,333 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 1 December 2015, is AED 130,000 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 25,800 a year.

Sales and rents for 417 over time

Sales
Unit 417, 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 1,685,888 (AED 1,162 per sqft)Sold, February 2011: AED 1,685,888 (AED 1,162 per sqft)Sold, July 2016: AED 2,150,000 (AED 1,482 per sqft)

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

Rents
Unit 417, 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, December 2012: AED 90,000 a yearNew contract, December 2013: AED 100,000 a yearNew contract, December 2014: AED 130,000 a yearRenewal, December 2015: AED 130,000 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 417 sits

All 131 2-beds →

417 last sold in July 2016 at AED 1,482 per sqft, 11% above what two-beds in Mosela Waterside Residences were fetching at the time (AED 1,333). 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. 417's AED 130,000 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
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

417, Mosela Waterside Residences in numbers

  • Sold 3 times: first on 2 March 2010 for AED 1,685,888, last on 13 July 2016 for AED 2,150,000 (AED 1,482 per sqft).
  • Rented since December 2012 on 4 Ejari contracts, from AED 90,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2016 price is 6.0%, before a service charge of about AED 25,800 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 13 July 2016.

Questions about 417, Mosela Waterside Residences

What did unit 417 last sell for?

AED 2,150,000 on 13 July 2016: AED 1,482 per sqft for 1,450 sqft. The unit has 3 registered sales; the first was AED 1,685,888 in March 2010.

What is the rent for unit 417?

AED 130,000 a year on the contract renewed on 1 December 2015. The previous contract, from December 2014, was AED 130,000; the unit has been rented since December 2012.

How big is unit 417?

1,450 sqft (134.7 sqm): a two-bedroom apartment on the 4th floor of a 24-storey tower completed in 2010.

What is unit 417 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 417, Mosela Waterside Residences

Starts from the last sale price (AED 2.15M, 13 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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