3-bed · 1,771 sqftLa Riviera Tower, Dubai Marina · 1st floor · completed 2006

102, La Riviera Tower

Sold prices and rental history: sold once, by the developer in January 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 1 March 2023
Last soldAED 1.38M25 January 2009
Current rentAED 125K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, La Riviera Tower

What is 102 worth today?

Last sold for AED 1,383,000 in 2009

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1 Mar 2023RentedRenewal
AED 125,000/yr13 months · AED 71 per sqft
1 Mar 2022RentedRenewal
AED 125,000/yr12 months · AED 71 per sqft
1 Mar 2021RentedNew contract
AED 85,000/yr12 months · AED 48 per sqft
25 Oct 2017RentedNew contract
AED 150,000/yr12 months · AED 85 per sqft
25 Jan 2009Sold by developerReady
AED 1,383,000AED 781 per sqft

Source: Dubai Land Department. Updated 1 March 2023.

Key facts

Type
3-bed apartment
Size
1,771 sqft
Floor
1st of 34
Parking
B3-6
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 25,100 /yr
Last sold
AED 1.38M · January 2009

About 102, La Riviera Tower

102 is a three-bedroom apartment of 1,771 sqft on the 1st floor of La Riviera Tower, a 34-storey tower in Dubai Marina completed in 2006 by B&M Riviera Properties Development. The developer sold it on 25 January 2009 for AED 1,383,000, or AED 781 per sqft, 18% above the AED 661 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 125,000 a year: a gross yield of 9.0% on the 2009 price, before the service charge of about AED 25,100 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical three-bed in La Riviera Tower
1M2M2008201320182023Typical sale price by year: 2008 AED 1,347,675; 2009 AED 1,112,500; 2010 AED 1,370,000; 2011 AED 1,300,075; 2012 AED 1,450,000; 2013 AED 1,625,000; 2014 AED 1,812,300; 2019 AED 1,525,000; 2021 AED 1,495,000; 2022 AED 1,850,000; 2023 AED 2,100,000; 2024 AED 2,350,000Sold by developer, January 2009: AED 1,383,000 (AED 781 per sqft)

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

Rents
Unit 102, each contractTypical three-bed in La Riviera Tower
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 135,000; 2014 AED 149,750; 2015 AED 165,000; 2016 AED 160,000; 2017 AED 151,500; 2018 AED 140,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 95,000; 2022 AED 115,000; 2023 AED 140,000; 2024 AED 165,000; 2025 AED 175,000; 2026 AED 165,000New contract, October 2017: AED 150,000 a yearNew contract, March 2021: AED 85,000 a yearRenewal, March 2022: AED 125,000 a yearRenewal, March 2023: AED 125,000 a year

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

3-beds in La Riviera Tower, and where 102 sits

All 46 3-beds →

102 last sold in January 2009 at AED 781 per sqft, 18% above what three-beds in La Riviera Tower were fetching at the time (AED 661). Over the last 12 months three-beds sold for AED 1,650,000 to 2,675,000, around AED 1,272 per sqft, and rent for AED 125,000 to 220,000 a year. 102's AED 125,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
13 Jul 20261,650,000
2 Feb 20262,675,000
24 Jul 20252,650,000
1 Oct 20243,100,000
2 3-bed sales in the last 12 months

La Riviera Tower

Building

180 apartments, 1-bed to 4-bed over 34 floors in Dubai Marina, completed in 2006 by B&M Riviera Properties Development. 6 sold in the last 12 months.

Typical price per sqft
AED 1,371
Typical sale
AED 1.63M
Typical rent
AED 110K /yr
Typical yield
6.8%
La Riviera Tower, Dubai Marina: prices, sales and rents →

Other units on the 1st floor

All 180 units in La Riviera Tower
Value
1012-bedAED 1.9M · Aug 2024
1031-bedAED 600K · Apr 2021
1042-bedAED 1.45M · Dec 2015

102, La Riviera Tower in numbers

  • Sold once: by B&M Riviera Properties Development on 25 January 2009 for AED 1,383,000, or AED 781 per sqft.
  • Rented since October 2017 on 4 Ejari contracts. The rent fell from AED 150,000 to AED 85,000 in 2021 and recovered to AED 125,000 by March 2023.
  • At AED 125,000 a year the gross yield on the 2009 price is 9.0%, before a service charge of about AED 25,100 a year (AED 14.16 per sqft).
  • Three-beds in La Riviera Tower sold for AED 1,650,000–2,675,000 in the 12 months to November 2026; the building's median across all types is AED 1,371 per sqft.

Source: Dubai Land Department. Updated 1 March 2023.

Questions about 102, La Riviera Tower

What did unit 102 last sell for?

AED 1,383,000 on 25 January 2009, sold by the developer: AED 781 per sqft for 1,771 sqft. It is the only registered sale of the unit.

What is the rent for unit 102?

AED 125,000 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 125,000; the unit has been rented since October 2017.

How big is unit 102?

1,771 sqft (164.5 sqm): a three-bedroom apartment on the 1st floor of a 34-storey tower completed in 2006.

What is unit 102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in La Riviera Tower sold for AED 1,650,000 to 2,675,000 in the last 12 months, around AED 1,272 per sqft.

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Mortgage on 102, La Riviera Tower

Starts from the last sale price (AED 1.38M, 25 January 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,383,000
Deposit, UAE resident (20%)
AED 276,600
Deposit, non-resident (40%)
AED 553,200
Monthly over 25 years at 3.7%
AED 5,658

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