2-bed · 1,131 sqftMont Rose 2, Dubai Science Park (Dubiotech) · 7th floor · completed 2018

703, Mont Rose 2

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 27 August 2024
Last soldAED 1.32M7 December 2014
Current rentAED 95K /yr27 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Mont Rose 2

What is 703 worth today?

Last sold for AED 1,316,300 in 2014

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27 Aug 2024RentedNew contract
AED 95,000/yr12 months · AED 84 per sqft
12 Jul 2023RentedNew contract
AED 65,000/yr12 months · AED 58 per sqft
7 Jul 2022RentedRenewal
AED 54,000/yr12 months · AED 48 per sqft
7 Jul 2021RentedNew contract
AED 54,500/yr12 months · AED 48 per sqft
28 Jun 2020RentedNew contract
AED 53,000/yr12 months · AED 47 per sqft
7 Dec 2014Sold by developerOff-plan
AED 1,316,300AED 1,163 per sqft

Source: Dubai Land Department. Updated 27 August 2024.

Key facts

Type
2-bed apartment
Size
1,131 sqft
Floor
7th of 19
Parking
B2-44
Developer
Deyaar
Completed
2018
Service charge
AED 17,700 /yr
Last sold
AED 1.32M · December 2014
Building
Mont Rose 2

About 703, Mont Rose 2

703 is a two-bedroom apartment of 1,131 sqft on the 7th floor of Mont Rose 2, a 19-storey tower in Dubai Science Park (Dubiotech) completed in 2018 by Deyaar. The developer sold it on 7 December 2014 for AED 1,316,300, or AED 1,163 per sqft, in line with the AED 1,169 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 27 August 2024, is AED 95,000 a year: a gross yield of 7.2% on the 2014 price, before the service charge of about AED 17,700 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in Mont Rose 2
1M1.25M2014201720202023Typical sale price by year: 2014 AED 1,322,237; 2015 AED 1,304,888; 2016 AED 1,300,926; 2017 AED 1,295,845; 2018 AED 1,220,565; 2019 AED 1,390,000; 2022 AED 855,500; 2023 AED 930,000; 2024 AED 1,150,000Sold by developer, December 2014: AED 1,316,300 (AED 1,163 per sqft)

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

Rents
Unit 703, each contractTypical two-bed in Mont Rose 2
50K100K2018202120242027Typical rent by year: 2018 AED 70,000; 2019 AED 66,000; 2020 AED 54,000; 2021 AED 52,000; 2022 AED 60,000; 2023 AED 71,673; 2024 AED 92,000; 2025 AED 94,500; 2026 AED 112,500New contract, June 2020: AED 53,000 a yearNew contract, July 2021: AED 54,500 a yearRenewal, July 2022: AED 54,000 a yearNew contract, July 2023: AED 65,000 a yearNew contract, August 2024: AED 95,000 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 2, and where 703 sits

All 67 2-beds →

703 last sold in December 2014 at AED 1,163 per sqft, in line with what two-beds in Mont Rose 2 were fetching at the time (AED 1,169). Over the last 12 months two-beds sold for AED 1,179,000 to 1,430,000, around AED 1,153 per sqft, and rent for AED 79,700 to 120,000 a year. 703's AED 95,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 May 20251,290,000
22 Apr 20251,100,000
28 Nov 20241,152,057
26 Nov 20241,350,000
2 2-bed sales in the last 12 months

Mont Rose 2

Building

145 apartments, 1-bed to 3-bed over 19 floors in Dubai Science Park (Dubiotech), completed in 2018 by Deyaar. 2 sold in the last 12 months.

Typical price per sqft
AED 1,153
Typical sale
AED 1.3M
Typical rent
AED 72K /yr
Typical yield
8.2%
Mont Rose 2, Dubai Science Park (Dubiotech): prices, sales and rents →

Other units on the 7th floor

All 145 units in Mont Rose 2
Value
7011-bedAED 793K · May 2017
7022-bedAED 1.32M · Nov 2014
7041-bedAED 923K · Nov 2014
7051-bedAED 923K · Jan 2015
7062-bedAED 1.33M · Oct 2014
7072-bedAED 1.33M · Dec 2014
7081-bedAED 923K · Oct 2014

703, Mont Rose 2 in numbers

  • Sold once: by Deyaar on 7 December 2014 for AED 1,316,300, or AED 1,163 per sqft.
  • Rented since June 2020 on 5 Ejari contracts, from AED 53,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2014 price is 7.2%, before a service charge of about AED 17,700 a year (AED 15.68 per sqft).
  • Two-beds in Mont Rose 2 sold for AED 1,179,000–1,430,000 in the 12 months to November 2026; the building's median across all types is AED 1,153 per sqft.

Source: Dubai Land Department. Updated 27 August 2024.

Questions about 703, Mont Rose 2

What did unit 703 last sell for?

AED 1,316,300 on 7 December 2014, sold by the developer: AED 1,163 per sqft for 1,131 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 95,000 a year on the contract signed on 27 August 2024. The previous contract, from July 2023, was AED 65,000; the unit has been rented since June 2020.

How big is unit 703?

1,131 sqft (105.1 sqm): a two-bedroom apartment on the 7th floor of a 19-storey tower completed in 2018.

What is unit 703 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 2 sold for AED 1,179,000 to 1,430,000 in the last 12 months, around AED 1,153 per sqft.

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Mortgage on 703, Mont Rose 2

Starts from the last sale price (AED 1.32M, 7 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,316,300
Deposit, UAE resident (20%)
AED 263,260
Deposit, non-resident (40%)
AED 526,520
Monthly over 25 years at 3.7%
AED 5,385

Plus AED 60,295 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →