1203, La Riviera Tower
Sold prices and rental history: sold 4 times, last in September 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, La Riviera Tower
What is 1203 worth today?
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Source: Dubai Land Department. Updated 9 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 982 sqft
- Floor
- 12th of 34
- Parking
- B2-75
- Developer
- B&M Riviera Properties Development
- Completed
- 2006
- Service charge
- AED 13,900 /yr
- Last sold
- AED 1.1M · September 2015
- Building
- La Riviera Tower
About 1203, La Riviera Tower
1203 is a two-bedroom apartment of 982 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 10 September 2015 for AED 1,100,000, or AED 1,120 per sqft, 10% below the AED 1,250 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 9 November 2024, is AED 125,000 a year: a gross yield of 11.4% on the 2015 price, before the service charge of about AED 13,900 a year.
Sales and rents for 1203 over time
1203 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in La Riviera Tower, and where 1203 sits
All 123 2-beds →1203 last sold in September 2015 at AED 1,120 per sqft, 10% below what two-beds in La Riviera Tower were fetching at the time (AED 1,250). Over the last 12 months two-beds sold for AED 1,445,000 to 2,000,000, around AED 1,371 per sqft, and rent for AED 74,611 to 255,000 a year. 1203's AED 125,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 1,185 sqft | 1,600,000 | 1,350 | ||
| 5 Jun 20265 June 2026 | 1,329 sqft | 2,000,000 | 1,504 | ||
| 14 May 202614 May 2026 | 1,185 sqft | 1,445,000 | 1,219 | ||
| 22 Apr 202622 April 2026 | 1,150 sqft | 1,600,000 | 1,391 |
La Riviera Tower
Building180 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%
Other units on the 12th floor
All 180 units in La Riviera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 3-bed | 1,898 sqft | AED 1.5MAED 1,500,000 · Oct 2012October 2012 | 165,000 /yr | |
| 1202 | 3-bed | 1,824 sqft | AED 1.58MAED 1,575,000 · Sep 2019September 2019 | 180,000 /yr | |
| 1204 | 2-bed | 1,150 sqft | AED 1.14MAED 1,140,000 · Jul 2022July 2022 | 65,000 /yr | |
| 1205 | 2-bed | 1,185 sqft | AED 1.38MAED 1,375,000 · May 2023May 2023 | 78,000 /yr | |
| 1206 | 2-bed | 1,329 sqft | AED 868KAED 867,875 · Nov 2010November 2010 | 80,000 /yr |
1203, La Riviera Tower in numbers
- Sold 4 times: first on 23 February 2014 for AED 651,725, last on 10 September 2015 for AED 1,100,000 (AED 1,120 per sqft).
- Rented since September 2018 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 73,000 in 2021 and recovered to AED 125,000 by November 2024.
- At AED 125,000 a year the gross yield on the 2015 price is 11.4%, before a service charge of about AED 13,900 a year (AED 14.16 per sqft).
- Two-beds in La Riviera Tower sold for AED 1,445,000–2,000,000 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 9 November 2024.
Questions about 1203, La Riviera Tower
What did unit 1203 last sell for?
AED 1,100,000 on 10 September 2015: AED 1,120 per sqft for 982 sqft. The unit has 4 registered sales; the first was AED 651,725 in February 2014.
What is the rent for unit 1203?
AED 125,000 a year on the contract signed on 9 November 2024. The previous contract, from November 2024, was AED 125,000; the unit has been rented since September 2018.
How big is unit 1203?
982 sqft (91.2 sqm): a two-bedroom apartment on the 12th floor of a 34-storey tower completed in 2006.
What is unit 1203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in La Riviera Tower sold for AED 1,445,000 to 2,000,000 in the last 12 months, around AED 1,371 per sqft.
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Mortgage on 1203, La Riviera Tower
Starts from the last sale price (AED 1.1M, 10 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →