2-bed · 1,185 sqftLa Riviera Tower, Dubai Marina · 12th floor · completed 2006

1205, La Riviera Tower

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 25 May 2023
Last soldAED 1.38M25 May 2023
Current rentAED 78K /yr15 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, La Riviera Tower

What is 1205 worth today?

Last sold for AED 1,375,000 in 2023

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25 May 2023SoldReady
AED 1,375,000AED 1,160 per sqft
15 Jun 2022RentedRenewal
AED 78,000/yr12 months · AED 66 per sqft
15 Jun 2021RentedNew contract
AED 65,000/yr12 months · AED 55 per sqft
26 Apr 2020RentedRenewal
AED 95,000/yr12 months · AED 80 per sqft
26 Apr 2019RentedNew contract
AED 105,000/yr12 months · AED 89 per sqft
26 Apr 2015RentedRenewal
AED 125,000/yr12 months · AED 105 per sqft
26 Apr 2014RentedNew contract
AED 120,750/yr12 months · AED 102 per sqft
26 Apr 2013RentedNew contract
AED 105,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 25 May 2023.

Key facts

Type
2-bed apartment
Size
1,185 sqft
Floor
12th of 34
Parking
B3-41
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 16,800 /yr
Last sold
AED 1.38M · May 2023

About 1205, La Riviera Tower

1205 is a two-bedroom apartment of 1,185 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 May 2023 for AED 1,375,000, or AED 1,160 per sqft, 5% above the AED 1,109 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 15 June 2022, is AED 78,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 16,800 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, 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, December 2010: AED 786,000 (AED 663 per sqft)Sold, May 2023: AED 1,375,000 (AED 1,160 per sqft)

1205 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1205, each contractTypical two-bed in La Riviera Tower
100K2012201620202024Typical 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, April 2012: AED 88,000 a yearNew contract, April 2013: AED 105,000 a yearNew contract, April 2014: AED 120,750 a yearRenewal, April 2015: AED 125,000 a yearNew contract, April 2019: AED 105,000 a yearRenewal, April 2020: AED 95,000 a yearNew contract, June 2021: AED 65,000 a yearRenewal, June 2022: AED 78,000 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 1205 sits

All 123 2-beds →

1205 last sold in May 2023 at AED 1,160 per sqft, 5% above what two-beds in La Riviera Tower were fetching at the time (AED 1,109). 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. 1205's AED 78,000 is in the lower half 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
12042-bedAED 1.14M · Jul 2022
12062-bedAED 868K · Nov 2010

1205, La Riviera Tower in numbers

  • Sold twice: first on 16 December 2010 for AED 786,000, last on 25 May 2023 for AED 1,375,000 (AED 1,160 per sqft).
  • Rented since April 2012 on 8 Ejari contracts. The rent fell from AED 88,000 to AED 65,000 in 2021 and recovered to AED 78,000 by June 2022.
  • At AED 78,000 a year the gross yield on the 2023 price is 5.7%, before a service charge of about AED 16,800 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 May 2023.

Questions about 1205, La Riviera Tower

What did unit 1205 last sell for?

AED 1,375,000 on 25 May 2023: AED 1,160 per sqft for 1,185 sqft. The unit has 2 registered sales; the first was AED 786,000 in December 2010.

What is the rent for unit 1205?

AED 78,000 a year on the contract renewed on 15 June 2022. The previous contract, from June 2021, was AED 65,000; the unit has been rented since April 2012.

How big is unit 1205?

1,185 sqft (110.1 sqm): a two-bedroom apartment on the 12th floor of a 34-storey tower completed in 2006.

What is unit 1205 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 1205, La Riviera Tower

Starts from the last sale price (AED 1.38M, 25 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,000
Deposit, UAE resident (20%)
AED 275,000
Deposit, non-resident (40%)
AED 550,000
Monthly over 25 years at 3.7%
AED 5,626

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