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2-bed · 1,416 sqftMosela Waterside Residences, The Views · 15th floor · completed 2010

1501, Mosela Waterside Residences

Sold prices and rental history: sold 3 times, last in August 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 19 September 2024
Last soldAED 2M28 August 2013
Current rentAED 150K /yr19 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1501, Mosela Waterside Residences

What is 1501 worth today?

Last sold for AED 2,000,000 in 2013

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19 Sep 2024RentedRenewal
AED 150,000/yr12 months · AED 106 per sqft
19 Sep 2023RentedNew contract
AED 150,000/yr12 months · AED 106 per sqft
25 Aug 2022RentedRenewal
AED 104,000/yr12 months · AED 73 per sqft
25 Aug 2021RentedNew contract
AED 95,000/yr12 months · AED 67 per sqft
5 May 2020RentedRenewal
AED 98,000/yr12 months · AED 69 per sqft
5 May 2019RentedRenewal
AED 117,000/yr12 months · AED 82 per sqft
5 May 2018RentedRenewal
AED 130,000/yr12 months · AED 91 per sqft
1 May 2016RentedRenewal
AED 160,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 19 September 2024.

Key facts

Type
2-bed apartment
Size
1,416 sqft
Floor
15th of 24
Parking
1
Developer
Emaar
Completed
2010
Service charge
AED 25,200 /yr
Last sold
AED 2M · August 2013
Building
Mosela Waterside Residences

About 1501, Mosela Waterside Residences

1501 is a two-bedroom apartment of 1,416 sqft on the 15th floor of Mosela Waterside Residences, a 24-storey tower in The Views completed in 2010 by Emaar. It last sold on 28 August 2013 for AED 2,000,000, or AED 1,412 per sqft, 22% above the AED 1,156 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 19 September 2024, is AED 150,000 a year: a gross yield of 7.5% on the 2013 price, before the service charge of about AED 25,200 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, 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 1,943,594 (AED 1,372 per sqft)Sold, February 2012: AED 1,943,594 (AED 1,372 per sqft)Sold, August 2013: AED 2,000,000 (AED 1,412 per sqft)

1501 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1501, 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, April 2013: AED 120,000 a yearNew contract, April 2014: AED 120,000 a yearNew contract, May 2015: AED 160,000 a yearRenewal, May 2016: AED 160,000 a yearRenewal, May 2018: AED 130,000 a yearRenewal, May 2019: AED 117,000 a yearRenewal, May 2020: AED 98,000 a yearNew contract, August 2021: AED 95,000 a yearRenewal, August 2022: AED 104,000 a yearNew contract, September 2023: AED 150,000 a yearRenewal, September 2024: AED 150,000 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 1501 sits

All 130 2-beds →

1501 last sold in August 2013 at AED 1,412 per sqft, 22% above what two-beds in Mosela Waterside Residences were fetching at the time (AED 1,156). 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. 1501's AED 150,000 is in the lower half 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 →

Other units on the 15th floor

All 320 units in Mosela Waterside Residences
Value
15021-bedAED 907K · Jan 2011
15032-bedAED 1.8M · Feb 2011
15042-bedAED 1.75M · Apr 2016
15061-bedAED 837K · Feb 2011
15071-bedAED 1.25M · Dec 2016
15081-bedAED 890K · Feb 2011
15091-bedAED 890K · Feb 2011
1–7 of 15

1501, Mosela Waterside Residences in numbers

  • Sold 3 times: first on 9 March 2010 for AED 1,943,594, last on 28 August 2013 for AED 2,000,000 (AED 1,412 per sqft).
  • Rented since April 2013 on 11 Ejari contracts. The rent fell from AED 120,000 to AED 95,000 in 2021 and recovered to AED 150,000 by September 2024.
  • At AED 150,000 a year the gross yield on the 2013 price is 7.5%, before a service charge of about AED 25,200 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 19 September 2024.

Questions about 1501, Mosela Waterside Residences

What did unit 1501 last sell for?

AED 2,000,000 on 28 August 2013: AED 1,412 per sqft for 1,416 sqft. The unit has 3 registered sales; the first was AED 1,943,594 in March 2010.

What is the rent for unit 1501?

AED 150,000 a year on the contract renewed on 19 September 2024. The previous contract, from September 2023, was AED 150,000; the unit has been rented since April 2013.

How big is unit 1501?

1,416 sqft (131.6 sqm): a two-bedroom apartment on the 15th floor of a 24-storey tower completed in 2010.

What is unit 1501 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 1501, Mosela Waterside Residences

Starts from the last sale price (AED 2M, 28 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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