2-bed · 1,392 sqftMosela Waterside Residences, The Views · 9th floor · completed 2010

916, Mosela Waterside Residences

Sold prices and rental history: sold 3 times, last in October 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 916 · DLD and Ejari recordsUpdated 9 October 2017
Last soldAED 2M9 October 2017
Current rentAED 120K /yr19 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 916, Mosela Waterside Residences

What is 916 worth today?

Last sold for AED 2,000,000 in 2017

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9 Oct 2017SoldReady
AED 2,000,000AED 1,436 per sqft
19 Apr 2017RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
18 Mar 2016RentedNew contract
AED 150,000/yr12 months · AED 108 per sqft
18 Mar 2015RentedNew contract
AED 150,000/yr12 months · AED 108 per sqft
9 Mar 2013RentedNew contract
AED 125,000/yr12 months · AED 90 per sqft
2 Feb 2011SoldReady
AED 1,730,888AED 1,243 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,730,888AED 1,243 per sqft

Source: Dubai Land Department. Updated 9 October 2017.

Key facts

Type
2-bed apartment
Size
1,392 sqft
Floor
9th of 24
Parking
1
Developer
Emaar
Completed
2010
Service charge
AED 24,800 /yr
Last sold
AED 2M · October 2017

About 916, Mosela Waterside Residences

916 is a two-bedroom apartment of 1,392 sqft on the 9th floor of Mosela Waterside Residences, a 24-storey tower in The Views completed in 2010 by Emaar. It last sold on 9 October 2017 for AED 2,000,000, or AED 1,436 per sqft, 3% below the AED 1,487 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 19 April 2017, is AED 120,000 a year: a gross yield of 6.0% on the 2017 price, before the service charge of about AED 24,800 a year.

Sales and rents for 916 over time

Sales
Unit 916, 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 1,730,888 (AED 1,243 per sqft)Sold, February 2011: AED 1,730,888 (AED 1,243 per sqft)Sold, October 2017: AED 2,000,000 (AED 1,436 per sqft)

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

Rents
Unit 916, 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, March 2013: AED 125,000 a yearNew contract, March 2015: AED 150,000 a yearNew contract, March 2016: AED 150,000 a yearNew contract, April 2017: AED 120,000 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 916 sits

All 131 2-beds →

916 last sold in October 2017 at AED 1,436 per sqft, 3% below what two-beds in Mosela Waterside Residences were fetching at the time (AED 1,487). 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. 916's AED 120,000 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
9012-bedAED 1.43M · Apr 2012
9022-bedAED 1.79M · Feb 2011
9032-bedAED 2.2M · May 2015
9042-bedAED 1.44M · Dec 2011
905StudioAED 361K · Feb 2011
9061-bedAED 900K · Sep 2012
9071-bedAED 1.15M · Apr 2016
1–7 of 17

916, Mosela Waterside Residences in numbers

  • Sold 3 times: first on 2 March 2010 for AED 1,730,888, last on 9 October 2017 for AED 2,000,000 (AED 1,436 per sqft).
  • Rented since March 2013 on 4 Ejari contracts, from AED 125,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2017 price is 6.0%, before a service charge of about AED 24,800 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 9 October 2017.

Questions about 916, Mosela Waterside Residences

What did unit 916 last sell for?

AED 2,000,000 on 9 October 2017: AED 1,436 per sqft for 1,392 sqft. The unit has 3 registered sales; the first was AED 1,730,888 in March 2010.

What is the rent for unit 916?

AED 120,000 a year on the contract signed on 19 April 2017. The previous contract, from March 2016, was AED 150,000; the unit has been rented since March 2013.

How big is unit 916?

1,392 sqft (129.3 sqm): a two-bedroom apartment on the 9th floor of a 24-storey tower completed in 2010.

What is unit 916 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 916, Mosela Waterside Residences

Starts from the last sale price (AED 2M, 9 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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