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3-bed · 1,898 sqftLa Riviera Tower, Dubai Marina · 12th floor · completed 2006

1201, La Riviera Tower

Sold prices and rental history: sold twice, last in October 2012, and rented once, from November 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 15 November 2013
Last soldAED 1.5M16 October 2012
Current rentAED 165K /yr15 November 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1201, La Riviera Tower

What is 1201 worth today?

Last sold for AED 1,500,000 in 2012

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15 Nov 2013RentedNew contract
AED 165,000/yr12 months · AED 87 per sqft
16 Oct 2012SoldReady
AED 1,500,000AED 790 per sqft
1 Mar 2010Sold by developerReady
AED 1,237,950AED 652 per sqft

Source: Dubai Land Department. Updated 15 November 2013.

Key facts

Type
3-bed apartment
Size
1,898 sqft
Floor
12th of 34
Parking
B3-35
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 26,900 /yr
Last sold
AED 1.5M · October 2012
Building
La Riviera Tower

About 1201, La Riviera Tower

1201 is a three-bedroom apartment of 1,898 sqft on the 12th floor of La Riviera Tower, a 34-storey tower in Dubai Marina completed in 2006 by B&M Riviera Properties Development. It last sold on 16 October 2012 for AED 1,500,000, or AED 790 per sqft, 10% above the AED 720 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 November 2013. The current contract, signed on 15 November 2013, is AED 165,000 a year: a gross yield of 11.0% on the 2012 price, before the service charge of about AED 26,900 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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, March 2010: AED 1,237,950 (AED 652 per sqft)Sold, October 2012: AED 1,500,000 (AED 790 per sqft)

1201 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1201, 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, November 2013: AED 165,000 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 1201 sits

All 46 3-beds →

1201 last sold in October 2012 at AED 790 per sqft, 10% above what three-beds in La Riviera Tower were fetching at the time (AED 720). 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. 1201's AED 165,000 is in the lower half 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 12th floor

All 180 units in La Riviera Tower
Value
12023-bedAED 1.58M · Sep 2019
12032-bedAED 1.1M · Sep 2015
12042-bedAED 1.14M · Jul 2022
12052-bedAED 1.38M · May 2023
12062-bedAED 868K · Nov 2010

1201, La Riviera Tower in numbers

  • Sold twice: first on 1 March 2010 for AED 1,237,950, last on 16 October 2012 for AED 1,500,000 (AED 790 per sqft).
  • Rented since November 2013 on one Ejari contract, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2012 price is 11.0%, before a service charge of about AED 26,900 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 15 November 2013.

Questions about 1201, La Riviera Tower

What did unit 1201 last sell for?

AED 1,500,000 on 16 October 2012: AED 790 per sqft for 1,898 sqft. The unit has 2 registered sales; the first was AED 1,237,950 in March 2010.

What is the rent for unit 1201?

AED 165,000 a year on the contract signed on 15 November 2013.

How big is unit 1201?

1,898 sqft (176.3 sqm): a three-bedroom apartment on the 12th floor of a 34-storey tower completed in 2006.

What is unit 1201 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 1201, La Riviera Tower

Starts from the last sale price (AED 1.5M, 16 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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