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2-bed · 1,423 sqftMudon Views Tower 4, Mudon · 2nd floor · completed 2020

215, Mudon Views Tower 4

Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 4 July 2023
Last soldAED 1.16M25 December 2017
Current rentAED 95K /yr4 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 215, Mudon Views Tower 4

What is 215 worth today?

Last sold for AED 1,155,000 in 2017

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4 Jul 2023RentedRenewal
AED 94,500/yr12 months · AED 67 per sqft
4 Jul 2022RentedNew contract
AED 90,000/yr12 months · AED 63 per sqft
1 Sep 2021RentedNew contract
AED 80,000/yr12 months · AED 56 per sqft
22 Jul 2020RentedNew contract
AED 65,000/yr12 months · AED 46 per sqft
25 Dec 2017Sold by developerOff-plan
AED 1,155,000AED 811 per sqft

Source: Dubai Land Department. Updated 4 July 2023.

Key facts

Type
2-bed apartment
Size
1,423 sqft
Floor
2nd of 6
Parking
G-157
Developer
MDN Real Estate
Completed
2020
Service charge
AED 28,100 /yr
Last sold
AED 1.16M · December 2017
Building
Mudon Views Tower 4

About 215, Mudon Views Tower 4

215 is a two-bedroom apartment of 1,423 sqft on the 2nd floor of Mudon Views Tower 4, a 6-storey tower in Mudon completed in 2020 by MDN Real Estate. The developer sold it on 25 December 2017 for AED 1,155,000, or AED 811 per sqft, 25% below the AED 1,088 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 4 July 2023, is AED 94,500 a year: a gross yield of 8.2% on the 2017 price, before the service charge of about AED 28,100 a year.

Sales and rents for 215 over time

Sales
Unit 215, each saleTypical two-bed in Mudon Views Tower 4
1M1.5M2017202020232026Typical sale price by year: 2017 AED 1,253,000; 2018 AED 1,080,500; 2019 AED 1,203,500; 2020 AED 1,241,000; 2021 AED 1,394,000; 2022 AED 1,676,000; 2023 AED 1,304,000; 2024 AED 1,420,000; 2025 AED 1,500,000; 2026 AED 1,450,000Sold by developer, December 2017: AED 1,155,000 (AED 811 per sqft)

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

Rents
Unit 215, each contractTypical two-bed in Mudon Views Tower 4
60K80K100K2020202220242026Typical rent by year: 2020 AED 60,000; 2021 AED 65,000; 2022 AED 70,000; 2023 AED 82,750; 2024 AED 95,000; 2025 AED 100,000New contract, July 2020: AED 65,000 a yearNew contract, September 2021: AED 80,000 a yearNew contract, July 2022: AED 90,000 a yearRenewal, July 2023: AED 94,500 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 Mudon Views Tower 4, and where 215 sits

All 82 2-beds →

215 last sold in December 2017 at AED 811 per sqft, 25% below what two-beds in Mudon Views Tower 4 were fetching at the time (AED 1,088). Over the last 12 months two-beds sold for AED 1,450,000 to 1,622,610, around AED 1,395 per sqft, and rent for AED 100,000 to 130,000 a year. 215's AED 94,500 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 20261,622,610
23 Jan 20261,450,000
7 Jan 20261,450,000
30 Jul 20251,125,000
4 2-bed sales in the last 12 months

Mudon Views Tower 4

Building

181 apartments, 1-bed to 3-bed over 6 floors in Mudon, completed in 2020 by MDN Real Estate. 8 sold in the last 12 months.

Typical price per sqft
AED 1,434
Typical sale
AED 1.45M
Typical rent
AED 70K /yr
Typical yield
6.4%
Mudon Views Tower 4, Mudon: prices, sales and rents →

Other units on the 2nd floor

All 181 units in Mudon Views Tower 4
Value
2011-bedAED 820K · Aug 2018
2021-bedAED 1.18M · Apr 2025
2033-bedAED 1.95M · Aug 2024
2043-bedAED 1.79M · Aug 2021
2051-bedAED 796K · Nov 2017
2061-bedAED 700K · Feb 2023
2071-bedAED 750K · Jun 2024
1–7 of 29

215, Mudon Views Tower 4 in numbers

  • Sold once: by MDN Real Estate on 25 December 2017 for AED 1,155,000, or AED 811 per sqft.
  • Rented since July 2020 on 4 Ejari contracts, from AED 65,000 to AED 94,500 a year.
  • At AED 94,500 a year the gross yield on the 2017 price is 8.2%, before a service charge of about AED 28,100 a year (AED 19.76 per sqft).
  • Two-beds in Mudon Views Tower 4 sold for AED 1,450,000–1,622,610 in the 12 months to November 2026; the building's median across all types is AED 1,434 per sqft.

Source: Dubai Land Department. Updated 4 July 2023.

Questions about 215, Mudon Views Tower 4

What did unit 215 last sell for?

AED 1,155,000 on 25 December 2017, sold by the developer: AED 811 per sqft for 1,423 sqft. It is the only registered sale of the unit.

What is the rent for unit 215?

AED 94,500 a year on the contract renewed on 4 July 2023. The previous contract, from July 2022, was AED 90,000; the unit has been rented since July 2020.

How big is unit 215?

1,423 sqft (132.2 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 215 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mudon Views Tower 4 sold for AED 1,450,000 to 1,622,610 in the last 12 months, around AED 1,395 per sqft.

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Mortgage on 215, Mudon Views Tower 4

Starts from the last sale price (AED 1.16M, 25 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,155,000
Deposit, UAE resident (20%)
AED 231,000
Deposit, non-resident (40%)
AED 462,000
Monthly over 25 years at 3.7%
AED 4,725

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