2-bed · 1,150 sqftLa Riviera Tower, Dubai Marina · 12th floor · completed 2006

1204, La Riviera Tower

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 25 July 2022
Last soldAED 1.14M25 July 2022
Current rentAED 65K /yr5 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, La Riviera Tower

What is 1204 worth today?

Last sold for AED 1,140,000 in 2022

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25 Jul 2022SoldReady
AED 1,140,000AED 991 per sqft
5 Jun 2022RentedNew contract
AED 65,000/yr12 months · AED 56 per sqft
13 Oct 2021SoldReady
AED 915,000AED 795 per sqft
5 Jun 2021RentedNew contract
AED 58,000/yr12 months · AED 50 per sqft
15 Aug 2020RentedRenewal
AED 70,000/yr12 months · AED 61 per sqft
15 Aug 2019RentedRenewal
AED 85,000/yr12 months · AED 74 per sqft
15 Aug 2018RentedRenewal
AED 100,000/yr12 months · AED 87 per sqft
15 Aug 2017RentedRenewal
AED 105,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 25 July 2022.

Key facts

Type
2-bed apartment
Size
1,150 sqft
Floor
12th of 34
Parking
B2-10
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 16,300 /yr
Last sold
AED 1.14M · July 2022

About 1204, La Riviera Tower

1204 is a two-bedroom apartment of 1,150 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 25 July 2022 for AED 1,140,000, or AED 991 per sqft, in line with the AED 963 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 5 June 2022, is AED 65,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 16,300 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical two-bed in La Riviera Tower
1M1.5M2008201320182023Typical sale price by year: 2008 AED 774,250; 2009 AED 814,800; 2010 AED 786,000; 2011 AED 862,500; 2012 AED 819,650; 2013 AED 809,600; 2014 AED 945,000; 2015 AED 1,450,000; 2016 AED 1,300,000; 2017 AED 1,375,000; 2018 AED 1,132,500; 2020 AED 1,000,000; 2021 AED 957,500; 2022 AED 1,100,000; 2023 AED 1,340,000; 2024 AED 1,603,625; 2025 AED 1,700,000; 2026 AED 1,600,000Sold by developer, January 2009: AED 753,250 (AED 654 per sqft)Sold, October 2021: AED 915,000 (AED 795 per sqft)Sold, July 2022: AED 1,140,000 (AED 991 per sqft)

1204 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1204, each contractTypical two-bed in La Riviera Tower
50K100K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 90,000; 2014 AED 109,863; 2015 AED 122,100; 2016 AED 115,000; 2017 AED 115,000; 2018 AED 100,000; 2019 AED 85,000; 2020 AED 70,000; 2021 AED 68,000; 2022 AED 80,000; 2023 AED 94,938; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 105,400New contract, August 2013: AED 88,000 a yearRenewal, August 2014: AED 106,000 a yearRenewal, August 2015: AED 115,000 a yearRenewal, August 2016: AED 115,000 a yearRenewal, August 2017: AED 105,000 a yearRenewal, August 2018: AED 100,000 a yearRenewal, August 2019: AED 85,000 a yearRenewal, August 2020: AED 70,000 a yearNew contract, June 2021: AED 58,000 a yearNew contract, June 2022: AED 65,000 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 La Riviera Tower, and where 1204 sits

All 123 2-beds →

1204 last sold in July 2022 at AED 991 per sqft, in line with what two-beds in La Riviera Tower were fetching at the time (AED 963). 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. 1204's AED 65,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Aug 20261,600,000
5 Jun 20262,000,000
14 May 20261,445,000
22 Apr 20261,600,000
4 2-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
12013-bedAED 1.5M · Oct 2012
12023-bedAED 1.58M · Sep 2019
12032-bedAED 1.1M · Sep 2015
12052-bedAED 1.38M · May 2023
12062-bedAED 868K · Nov 2010

1204, La Riviera Tower in numbers

  • Sold 3 times: first on 11 January 2009 for AED 753,250, last on 25 July 2022 for AED 1,140,000 (AED 991 per sqft).
  • Rented since August 2013 on 10 Ejari contracts. The rent fell from AED 88,000 to AED 58,000 in 2021 and recovered to AED 65,000 by June 2022.
  • At AED 65,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 16,300 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 25 July 2022.

Questions about 1204, La Riviera Tower

What did unit 1204 last sell for?

AED 1,140,000 on 25 July 2022: AED 991 per sqft for 1,150 sqft. The unit has 3 registered sales; the first was AED 753,250 in January 2009.

What is the rent for unit 1204?

AED 65,000 a year on the contract signed on 5 June 2022. The previous contract, from June 2021, was AED 58,000; the unit has been rented since August 2013.

How big is unit 1204?

1,150 sqft (106.8 sqm): a two-bedroom apartment on the 12th floor of a 34-storey tower completed in 2006.

What is unit 1204 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 1204, La Riviera Tower

Starts from the last sale price (AED 1.14M, 25 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,140,000
Deposit, UAE resident (20%)
AED 228,000
Deposit, non-resident (40%)
AED 456,000
Monthly over 25 years at 3.7%
AED 4,664

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