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2-bed · 1,329 sqftLa Riviera Tower, Dubai Marina · 12th floor · completed 2006

1206, La Riviera Tower

Sold prices and rental history: sold once, by the developer in November 2010, and rented once, from April 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 2 April 2013
Last soldAED 868K28 November 2010
Current rentAED 80K /yr2 April 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1206, La Riviera Tower

What is 1206 worth today?

Last sold for AED 867,875 in 2010

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2 Apr 2013RentedNew contract
AED 80,000/yr12 months · AED 60 per sqft
28 Nov 2010Sold by developerReady
AED 867,875AED 653 per sqft

Source: Dubai Land Department. Updated 2 April 2013.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
12th of 34
Parking
B3-76
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 18,800 /yr
Last sold
AED 868K · November 2010
Building
La Riviera Tower

About 1206, La Riviera Tower

1206 is a two-bedroom apartment of 1,329 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. The developer sold it on 28 November 2010 for AED 867,875, or AED 653 per sqft, 4% below the AED 683 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 April 2013. The current contract, signed on 2 April 2013, is AED 80,000 a year: a gross yield of 9.2% on the 2010 price, before the service charge of about AED 18,800 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, November 2010: AED 867,875 (AED 653 per sqft)

1206 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, each contractTypical two-bed in La Riviera Tower
75K100K125K2012201620202024Typical 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 2013: AED 80,000 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 1206 sits

All 123 2-beds →

1206 last sold in November 2010 at AED 653 per sqft, 4% below what two-beds in La Riviera Tower were fetching at the time (AED 683). 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. 1206's AED 80,000 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
12052-bedAED 1.38M · May 2023

1206, La Riviera Tower in numbers

  • Sold once: by B&M Riviera Properties Development on 28 November 2010 for AED 867,875, or AED 653 per sqft.
  • Rented since April 2013 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2010 price is 9.2%, before a service charge of about AED 18,800 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 2 April 2013.

Questions about 1206, La Riviera Tower

What did unit 1206 last sell for?

AED 867,875 on 28 November 2010, sold by the developer: AED 653 per sqft for 1,329 sqft. It is the only registered sale of the unit.

What is the rent for unit 1206?

AED 80,000 a year on the contract signed on 2 April 2013.

How big is unit 1206?

1,329 sqft (123.5 sqm): a two-bedroom apartment on the 12th floor of a 34-storey tower completed in 2006.

What is unit 1206 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 1206, La Riviera Tower

Starts from the last sale price (AED 868K, 28 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 867,875
Deposit, UAE resident (20%)
AED 173,575
Deposit, non-resident (40%)
AED 347,150
Monthly over 25 years at 3.7%
AED 3,551

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