2-bed · 1,569 sqftMosela Waterside Residences, The Views · 5th floor · completed 2010

515, Mosela Waterside Residences

Sold prices and rental history: sold 5 times, last in March 2022, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 31 March 2022
Last soldAED 1.31M31 March 2022
Current rentAED 70K /yr15 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Mosela Waterside Residences

What is 515 worth today?

Last sold for AED 1,310,000 in 2022

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31 Mar 2022SoldReady
AED 1,310,000AED 834 per sqft
15 Mar 2022RentedNew contract
AED 70,000/yr12 months · AED 45 per sqft
29 Jan 2020RentedNew contract
AED 122,254/yr7 months · AED 78 per sqft
25 Oct 2017RentedNew contract
AED 135,000/yr12 months · AED 86 per sqft
1 Aug 2013SoldReady
AED 1,780,000AED 1,134 per sqft
20 May 2013SoldReady
AED 1,600,000AED 1,019 per sqft
26 Jan 2011SoldReady
AED 744,444AED 474 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,488,888AED 948 per sqft

Source: Dubai Land Department. Updated 31 March 2022.

Key facts

Type
2-bed apartment
Size
1,569 sqft
Floor
5th of 24
Parking
1
Developer
Emaar
Completed
2010
Service charge
AED 28,000 /yr
Last sold
AED 1.31M · March 2022

About 515, Mosela Waterside Residences

515 is a two-bedroom apartment of 1,569 sqft on the 5th floor of Mosela Waterside Residences, a 24-storey tower in The Views completed in 2010 by Emaar. It last sold on 31 March 2022 for AED 1,310,000, or AED 834 per sqft, 26% below the AED 1,133 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 15 March 2022, is AED 70,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 28,000 a year.

Sales and rents for 515 over time

Sales
Unit 515, 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 1,488,888 (AED 948 per sqft)Sold, January 2011: AED 744,444 (AED 474 per sqft)Sold, May 2013: AED 1,600,000 (AED 1,019 per sqft)Sold, August 2013: AED 1,780,000 (AED 1,134 per sqft)Sold, March 2022: AED 1,310,000 (AED 834 per sqft)

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

Rents
Unit 515, 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, October 2017: AED 135,000 a yearNew contract, January 2020: AED 122,254 a yearNew contract, March 2022: AED 70,000 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 515 sits

All 131 2-beds →

515 last sold in March 2022 at AED 834 per sqft, 26% below what two-beds in Mosela Waterside Residences were fetching at the time (AED 1,133). 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. 515's AED 70,000 is at the bottom 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
5012-bedAED 1.7M · Feb 2013
5022-bedAED 1.18M · Dec 2019
5032-bedAED 2.4M · Oct 2023
5042-bedAED 1.85M · Oct 2017
505StudioAED 600K · Sep 2020
5061-bedAED 1.2M · Dec 2023
5071-bedAED 1.53M · Dec 2025
1–7 of 17

515, Mosela Waterside Residences in numbers

  • Sold 5 times: first on 2 March 2010 for AED 1,488,888, last on 31 March 2022 for AED 1,310,000 (AED 834 per sqft).
  • Rented since October 2017 on 3 Ejari contracts, from AED 135,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 28,000 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 31 March 2022.

Questions about 515, Mosela Waterside Residences

What did unit 515 last sell for?

AED 1,310,000 on 31 March 2022: AED 834 per sqft for 1,569 sqft. The unit has 5 registered sales; the first was AED 1,488,888 in March 2010.

What is the rent for unit 515?

AED 70,000 a year on the contract signed on 15 March 2022. The previous contract, from January 2020, was AED 122,254; the unit has been rented since October 2017.

How big is unit 515?

1,569 sqft (145.8 sqm): a two-bedroom apartment on the 5th floor of a 24-storey tower completed in 2010.

What is unit 515 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 515, Mosela Waterside Residences

Starts from the last sale price (AED 1.31M, 31 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,310,000
Deposit, UAE resident (20%)
AED 262,000
Deposit, non-resident (40%)
AED 524,000
Monthly over 25 years at 3.7%
AED 5,360

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