The sedimentation process is the most important problems that affects directly the performance of reservoirs due to the reduction of the storage capacity and possible problems effecting the operation. Thus periodic assessment of the storage capacity and determining sediment deposition patterns is an important issue for operation and management of the reservoirs. In this study, bathymetric survey results and an analytical approach had been used to assess the characteristics of sedimentation and estimate the useful life of Mosul Reservoir. It is located on the Tigris River in the north of Iraq. The water surface area of its reservoir is 380 km2 with a designed storage capacity of 11.11 km3 at a maximum operating level (330 m a.s.l). The dam started operating in 1986. No detailed study was yet carried out to assess its reservoir. The present study indicated that the annual reduction rate in the dead and live storage capacities of the reservoir is 0.786% and 0.276% respectively. The observed results (bathymetric survey) and algebraic formula show approximately that the useful life of Mosul dam reservoir is about 125 years. Furthermore, the stage-storage capacity curves for the future periods (prediction curves) were established using bathymetric survey data.