Studio · 560 sqftMosela Waterside Residences, The Views · 10th floor · completed 2010

1005, Mosela Waterside Residences

Sold prices and rental history: sold 3 times, last in May 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 5 October 2020
Last soldAED 480K9 May 2011
Current rentAED 43K /yr5 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Mosela Waterside Residences

What is 1005 worth today?

Last sold for AED 480,000 in 2011

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5 Oct 2020RentedNew contract
AED 43,000/yr12 months · AED 77 per sqft
2 Jun 2020RentedNew contract
AED 50,000/yr12 months · AED 89 per sqft
1 Jun 2019RentedNew contract
AED 60,000/yr12 months · AED 107 per sqft
11 May 2016RentedNew contract
AED 82,000/yr12 months · AED 146 per sqft
9 May 2011SoldReady
AED 480,000AED 857 per sqft
24 Feb 2011SoldReady
AED 733,888AED 1,310 per sqft
2 Mar 2010Sold by developerOff-plan
AED 733,888AED 1,310 per sqft

Source: Dubai Land Department. Updated 5 October 2020.

Key facts

Type
Studio apartment
Size
560 sqft
Floor
10th of 24
Parking
1
Developer
Emaar
Completed
2010
Service charge
AED 10,000 /yr
Last sold
AED 480K · May 2011

About 1005, Mosela Waterside Residences

1005 is a studio of 560 sqft on the 10th floor of Mosela Waterside Residences, a 24-storey tower in The Views completed in 2010 by Emaar. It last sold on 9 May 2011 for AED 480,000, or AED 857 per sqft, 32% below the AED 1,254 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 5 October 2020, is AED 43,000 a year: a gross yield of 9.0% on the 2011 price, before the service charge of about AED 10,000 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical studio in Mosela Waterside Residences
500K1M201020122014Typical sale price by year: 2010 AED 712,888; 2011 AED 709,888; 2012 AED 580,000; 2013 AED 850,000; 2014 AED 1,037,500Sold by developer, March 2010: AED 733,888 (AED 1,310 per sqft)Sold, February 2011: AED 733,888 (AED 1,310 per sqft)Sold, May 2011: AED 480,000 (AED 857 per sqft)

1005 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1005, each contractTypical studio in Mosela Waterside Residences
40K60K80K2013201720212025Typical rent by year: 2013 AED 63,414; 2014 AED 79,000; 2015 AED 77,500; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 68,000; 2019 AED 58,000; 2020 AED 47,000; 2021 AED 47,000; 2022 AED 50,000; 2023 AED 61,500; 2024 AED 69,500; 2025 AED 73,000; 2026 AED 71,000New contract, May 2016: AED 82,000 a yearNew contract, June 2019: AED 60,000 a yearNew contract, June 2020: AED 50,000 a yearNew contract, October 2020: AED 43,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Mosela Waterside Residences, and where 1005 sits

All 20 studios →

1005 last sold in May 2011 at AED 857 per sqft, 32% below what studios in Mosela Waterside Residences were fetching at the time (AED 1,254). Over the last 12 months studios sold for AED 1,125,000, around AED 2,008 per sqft, and rent for AED 64,281 to 85,000 a year. 1005's AED 43,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Jan 20261,125,000
5 Mar 20251,050,000
25 Oct 2022750,000
24 Jan 2022720,000
1 studio sale 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. 7 sold in the last 12 months.

Typical price per sqft
AED 2,008
Typical sale
AED 1.49M
Typical rent
AED 100K /yr
Typical yield
6.0%
Mosela Waterside Residences, The Views: prices, sales and rents →
Value
10012-bedAED 1.55M · Mar 2021
10022-bedAED 1.8M · Feb 2011
10032-bedAED 1.72M · Feb 2011
10042-bedAED 1.69M · Jan 2011
10061-bedAED 1.19M · Jan 2024
10071-bedAED 1.15M · Nov 2015
10081-bedAED 1.35M · Feb 2014
1–7 of 17

1005, Mosela Waterside Residences in numbers

  • Sold 3 times: first on 2 March 2010 for AED 733,888, last on 9 May 2011 for AED 480,000 (AED 857 per sqft).
  • Rented since May 2016 on 4 Ejari contracts, from AED 82,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2011 price is 9.0%, before a service charge of about AED 10,000 a year (AED 17.82 per sqft).
  • Studios in Mosela Waterside Residences sold for AED 1,125,000–1,125,000 in the 12 months to November 2026; the building's median across all types is AED 2,008 per sqft.

Source: Dubai Land Department. Updated 5 October 2020.

Questions about 1005, Mosela Waterside Residences

What did unit 1005 last sell for?

AED 480,000 on 9 May 2011: AED 857 per sqft for 560 sqft. The unit has 3 registered sales; the first was AED 733,888 in March 2010.

What is the rent for unit 1005?

AED 43,000 a year on the contract signed on 5 October 2020. The previous contract, from June 2020, was AED 50,000; the unit has been rented since May 2016.

How big is unit 1005?

560 sqft (52.0 sqm): a studio on the 10th floor of a 24-storey tower completed in 2010.

What is unit 1005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Mosela Waterside Residences sold for AED 1,125,000 to 1,125,000 in the last 12 months, around AED 2,008 per sqft.

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Mortgage on 1005, Mosela Waterside Residences

Starts from the last sale price (AED 480K, 9 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

Plus AED 23,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →