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3-bed · 1,898 sqftLa Riviera Tower, Dubai Marina · 14th floor · completed 2006

1401, La Riviera Tower

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

Unit 1401 · DLD and Ejari recordsUpdated 30 December 2012
Last soldAED 975K30 December 2012
Current rentAED 146K /yr9 June 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1401, La Riviera Tower

What is 1401 worth today?

Last sold for AED 975,000 in 2012

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30 Dec 2012SoldReady
AED 975,000AED 513 per sqft
11 Jul 2012Sold by developerReady
AED 1,820,600AED 959 per sqft
9 Jun 2012RentedNew contract
AED 146,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 30 December 2012.

Key facts

Type
3-bed apartment
Size
1,898 sqft
Floor
14th of 34
Parking
B1-36
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 26,900 /yr
Last sold
AED 975K · December 2012
Building
La Riviera Tower

About 1401, La Riviera Tower

1401 is a three-bedroom apartment of 1,898 sqft on the 14th 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 30 December 2012 for AED 975,000, or AED 513 per sqft, 33% below the AED 763 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 June 2012. The current contract, signed on 9 June 2012, is AED 146,000 a year: a gross yield of 15.0% on the 2012 price, before the service charge of about AED 26,900 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, 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, July 2012: AED 1,820,600 (AED 959 per sqft)Sold, December 2012: AED 975,000 (AED 513 per sqft)

1401 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1401, 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, June 2012: AED 146,000 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 1401 sits

All 46 3-beds →

1401 last sold in December 2012 at AED 513 per sqft, 33% below what three-beds in La Riviera Tower were fetching at the time (AED 763). 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. 1401's AED 146,000 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 14th floor

All 180 units in La Riviera Tower
Value
14023-bedAED 1.77M · Feb 2011
14032-bedAED 674K · Jul 2013
14042-bedAED 735K · May 2009
14052-bedAED 735K · Nov 2008
14062-bedAED 1.5M · Jul 2023

1401, La Riviera Tower in numbers

  • Sold twice: first on 11 July 2012 for AED 1,820,600, last on 30 December 2012 for AED 975,000 (AED 513 per sqft).
  • Rented since June 2012 on one Ejari contract, at AED 146,000 a year.
  • At AED 146,000 a year the gross yield on the 2012 price is 15.0%, 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 30 December 2012.

Questions about 1401, La Riviera Tower

What did unit 1401 last sell for?

AED 975,000 on 30 December 2012: AED 513 per sqft for 1,898 sqft. The unit has 2 registered sales; the first was AED 1,820,600 in July 2012.

What is the rent for unit 1401?

AED 146,000 a year on the contract signed on 9 June 2012.

How big is unit 1401?

1,898 sqft (176.3 sqm): a three-bedroom apartment on the 14th floor of a 34-storey tower completed in 2006.

What is unit 1401 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 1401, La Riviera Tower

Starts from the last sale price (AED 975K, 30 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

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