2-bed · 1,131 sqftMont Rose 1, Dubai Science Park (Dubiotech) · 14th floor · completed 2018

1403, Mont Rose 1

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

Unit 1403 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 1.18M3 July 2024
Current rentAED 93K /yr21 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Mont Rose 1

What is 1403 worth today?

Last sold for AED 1,175,000 in 2024

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21 Oct 2024RentedNew contract
AED 93,000/yr9 months · AED 82 per sqft
3 Jul 2024SoldReady
AED 1,175,000AED 1,039 per sqft
21 Oct 2023RentedNew contract
AED 85,000/yr12 months · AED 75 per sqft
22 Sep 2022RentedNew contract
AED 72,000/yr12 months · AED 64 per sqft
26 Jul 2021RentedRenewal
AED 55,125/yr12 months · AED 49 per sqft
26 Jul 2020RentedNew contract
AED 52,500/yr12 months · AED 46 per sqft
7 Jul 2018RentedNew contract
AED 78,000/yr12 months · AED 69 per sqft
22 Oct 2014Sold by developerOff-plan
AED 1,371,085AED 1,212 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 October 2024.

Key facts

Type
2-bed apartment
Size
1,131 sqft
Floor
14th of 19
Parking
B1-38
Developer
Deyaar
Completed
2018
Service charge
AED 17,700 /yr
Last sold
AED 1.18M · July 2024
Building
Mont Rose 1

About 1403, Mont Rose 1

1403 is a two-bedroom apartment of 1,131 sqft on the 14th floor of Mont Rose 1, a 19-storey tower in Dubai Science Park (Dubiotech) completed in 2018 by Deyaar. It last sold on 3 July 2024 for AED 1,175,000, or AED 1,039 per sqft, 18% above the AED 884 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 21 October 2024, is AED 93,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 17,700 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, each saleTypical two-bed in Mont Rose 1
1M2014201720202023Typical sale price by year: 2014 AED 1,327,874; 2015 AED 1,267,435; 2016 AED 1,318,892; 2017 AED 1,227,868; 2018 AED 1,345,456; 2021 AED 999,580; 2022 AED 800,000; 2023 AED 950,000; 2024 AED 1,120,000Sold by developer, October 2014: AED 1,371,085 (AED 1,212 per sqft)Sold, July 2024: AED 1,175,000 (AED 1,039 per sqft)

1403 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1403, each contractTypical two-bed in Mont Rose 1
60K80K100K2018202120242027Typical rent by year: 2018 AED 71,500; 2019 AED 66,000; 2020 AED 54,000; 2021 AED 50,500; 2022 AED 55,000; 2023 AED 64,630; 2024 AED 90,000; 2025 AED 91,500; 2026 AED 90,000New contract, July 2018: AED 78,000 a yearNew contract, July 2020: AED 52,500 a yearRenewal, July 2021: AED 55,125 a yearNew contract, September 2022: AED 72,000 a yearNew contract, October 2023: AED 85,000 a yearNew contract, October 2024: AED 93,000 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 Mont Rose 1, and where 1403 sits

All 64 2-beds →

1403 last sold in July 2024 at AED 1,039 per sqft, 18% above what two-beds in Mont Rose 1 were fetching at the time (AED 884). Over the last 12 months two-beds sold for AED 1,500,000, around AED 1,326 per sqft, and rent for AED 78,750 to 120,000 a year. 1403's AED 93,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Jan 20261,500,000
30 Jul 20252,050,000
18 Mar 20251,380,000
24 Dec 20241,325,000
1 2-bed sale in the last 12 months

Mont Rose 1

Building

145 apartments, 1-bed to 3-bed over 19 floors in Dubai Science Park (Dubiotech), completed in 2018 by Deyaar. 6 sold in the last 12 months.

Typical price per sqft
AED 1,171
Typical sale
AED 895K
Typical rent
AED 74K /yr
Typical yield
7.5%
Mont Rose 1, Dubai Science Park (Dubiotech): prices, sales and rents →

Other units on the 14th floor

All 145 units in Mont Rose 1
Value
14011-bedAED 947K · Nov 2014
14022-bedAED 800K · Oct 2022
14041-bedAED 914K · Dec 2014
14051-bedAED 885K · Dec 2024
14062-bedAED 1.38M · Nov 2014
14072-bedAED 945K · Jun 2023
14081-bedAED 880K · Feb 2025

1403, Mont Rose 1 in numbers

  • Sold twice: first on 22 October 2014 for AED 1,371,085, last on 3 July 2024 for AED 1,175,000 (AED 1,039 per sqft).
  • Rented since July 2018 on 6 Ejari contracts. The rent fell from AED 78,000 to AED 52,500 in 2020 and recovered to AED 93,000 by October 2024.
  • At AED 93,000 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 17,700 a year (AED 15.68 per sqft).
  • Two-beds in Mont Rose 1 sold for AED 1,500,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,171 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 21 October 2024.

Questions about 1403, Mont Rose 1

What did unit 1403 last sell for?

AED 1,175,000 on 3 July 2024: AED 1,039 per sqft for 1,131 sqft. The unit has 2 registered sales; the first was AED 1,371,085 in October 2014.

What is the rent for unit 1403?

AED 93,000 a year on the contract signed on 21 October 2024. The previous contract, from October 2023, was AED 85,000; the unit has been rented since July 2018.

How big is unit 1403?

1,131 sqft (105.1 sqm): a two-bedroom apartment on the 14th floor of a 19-storey tower completed in 2018.

What is unit 1403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mont Rose 1 sold for AED 1,500,000 to 1,500,000 in the last 12 months, around AED 1,326 per sqft.

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Mortgage on 1403, Mont Rose 1

Starts from the last sale price (AED 1.18M, 3 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

Plus AED 54,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →