2-bed · 1,601 sqftMosela Waterside Residences, The Views · 1st floor · completed 2010

118, Mosela Waterside Residences

Sold prices and rental history: sold 3 times, last in February 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 5 May 2023
Last soldAED 2.5M4 February 2014
Current rentAED 109K /yr5 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Mosela Waterside Residences

What is 118 worth today?

Last sold for AED 2,500,000 in 2014

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5 May 2023RentedRenewal
AED 109,000/yr12 months · AED 68 per sqft
5 May 2022RentedRenewal
AED 104,500/yr12 months · AED 65 per sqft
5 May 2021RentedNew contract
AED 95,000/yr12 months · AED 59 per sqft
16 Aug 2020RentedNew contract
AED 90,000/yr12 months · AED 56 per sqft
10 Aug 2019RentedNew contract
AED 115,000/yr12 months · AED 72 per sqft
1 Jun 2017RentedNew contract
AED 135,000/yr12 months · AED 84 per sqft
4 Feb 2014SoldReady
AED 2,500,000AED 1,561 per sqft
2 Feb 2011SoldReady
AED 1,859,930AED 1,161 per sqft

Source: Dubai Land Department. Updated 5 May 2023.

Key facts

Type
2-bed apartment
Size
1,601 sqft
Floor
1st of 24
Parking
2
Developer
Emaar
Completed
2010
Service charge
AED 28,500 /yr
Last sold
AED 2.5M · February 2014

About 118, Mosela Waterside Residences

118 is a two-bedroom apartment of 1,601 sqft on the 1st floor of Mosela Waterside Residences, a 24-storey tower in The Views completed in 2010 by Emaar. It last sold on 4 February 2014 for AED 2,500,000, or AED 1,561 per sqft, 30% above the AED 1,205 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 5 May 2023, is AED 109,000 a year: a gross yield of 4.4% on the 2014 price, before the service charge of about AED 28,500 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical two-bed in Mosela Waterside Residences
1M2M20092013201720212025Typical sale price by year: 2009 AED 1,696,888; 2010 AED 1,725,888; 2011 AED 1,727,888; 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 1,685,000; 2023 AED 2,200,000; 2024 AED 2,400,000Sold by developer, March 2010: AED 1,859,930 (AED 1,161 per sqft)Sold, February 2011: AED 1,859,930 (AED 1,161 per sqft)Sold, February 2014: AED 2,500,000 (AED 1,561 per sqft)

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

Rents
Unit 118, 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 148,857; 2016 AED 149,599; 2017 AED 145,000; 2018 AED 130,000; 2019 AED 118,500; 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 163,750New contract, June 2017: AED 135,000 a yearNew contract, August 2019: AED 115,000 a yearNew contract, August 2020: AED 90,000 a yearNew contract, May 2021: AED 95,000 a yearRenewal, May 2022: AED 104,500 a yearRenewal, May 2023: AED 109,000 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 118 sits

All 130 2-beds →

118 last sold in February 2014 at AED 1,561 per sqft, 30% above what two-beds in Mosela Waterside Residences were fetching at the time (AED 1,205). Over the last 12 months two-beds sold for AED 3,500,000, around AED 2,610 per sqft, and rent for AED 126,500 to 280,319 a year. 118's AED 109,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jan 20263,500,000
26 May 20252,900,000
10 Jan 20252,660,000
8 Nov 20242,525,000
1 2-bed 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
1012-bedAED 838K · Feb 2011
1071-bedAED 856K · Feb 2011
1081-bedAED 1.4M · Aug 2024
109StudioAED 500K · Sep 2013
110StudioAED 842K · Feb 2011
1111-bedAED 870K · Feb 2011
1121-bedAED 840K · Oct 2012
1–7 of 11

118, Mosela Waterside Residences in numbers

  • Sold 3 times: first on 2 March 2010 for AED 1,859,930, last on 4 February 2014 for AED 2,500,000 (AED 1,561 per sqft).
  • Rented since June 2017 on 6 Ejari contracts. The rent fell from AED 135,000 to AED 90,000 in 2020 and recovered to AED 109,000 by May 2023.
  • At AED 109,000 a year the gross yield on the 2014 price is 4.4%, before a service charge of about AED 28,500 a year (AED 17.82 per sqft).
  • Two-beds in Mosela Waterside Residences sold for AED 3,500,000–3,500,000 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 May 2023.

Questions about 118, Mosela Waterside Residences

What did unit 118 last sell for?

AED 2,500,000 on 4 February 2014: AED 1,561 per sqft for 1,601 sqft. The unit has 3 registered sales; the first was AED 1,859,930 in March 2010.

What is the rent for unit 118?

AED 109,000 a year on the contract renewed on 5 May 2023. The previous contract, from May 2022, was AED 104,500; the unit has been rented since June 2017.

How big is unit 118?

1,601 sqft (148.7 sqm): a two-bedroom apartment on the 1st floor of a 24-storey tower completed in 2010.

What is unit 118 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 3,500,000 to 3,500,000 in the last 12 months, around AED 2,610 per sqft.

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Mortgage on 118, Mosela Waterside Residences

Starts from the last sale price (AED 2.5M, 4 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →