3-bed · 1,898 sqftLa Riviera Tower, Dubai Marina · 16th floor · completed 2006

1601, La Riviera Tower

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 25 January 2024
Last soldAED 2.3M25 January 2024
Current rentAED 160K /yr2 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, La Riviera Tower

What is 1601 worth today?

Last sold for AED 2,300,000 in 2024

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25 Jan 2024SoldReady
AED 2,300,000AED 1,211 per sqft
8 Aug 2017Sold by developerReady
AED 1,315,000AED 692 per sqft
2 Jul 2017RentedNew contract
AED 160,000/yr12 months · AED 84 per sqft
25 Feb 2015RentedNew contract
AED 156,000/yr12 months · AED 82 per sqft
25 Feb 2014RentedRenewal
AED 152,000/yr12 months · AED 80 per sqft
25 Feb 2013RentedNew contract
AED 152,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 25 January 2024.

Key facts

Type
3-bed apartment
Size
1,898 sqft
Floor
16th of 34
Parking
B3-12
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 26,900 /yr
Last sold
AED 2.3M · January 2024

About 1601, La Riviera Tower

1601 is a three-bedroom apartment of 1,898 sqft on the 16th 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 January 2024 for AED 2,300,000, or AED 1,211 per sqft, 8% above the AED 1,119 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 2 July 2017, is AED 160,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 26,900 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, 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, August 2017: AED 1,315,000 (AED 692 per sqft)Sold, January 2024: AED 2,300,000 (AED 1,211 per sqft)

1601 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1601, 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, February 2013: AED 152,000 a yearRenewal, February 2014: AED 152,000 a yearNew contract, February 2015: AED 156,000 a yearNew contract, July 2017: AED 160,000 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 1601 sits

All 46 3-beds →

1601 last sold in January 2024 at AED 1,211 per sqft, 8% above what three-beds in La Riviera Tower were fetching at the time (AED 1,119). 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. 1601's AED 160,000 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 16th floor

All 180 units in La Riviera Tower
Value
16023-bedAED 2.68M · Feb 2026
16032-bedAED 625K · Nov 2012
16042-bedAED 21K · Dec 2014
16052-bedAED 1.4M · Jan 2023
16062-bedAED 1.63M · Mar 2009

1601, La Riviera Tower in numbers

  • Sold twice: first on 8 August 2017 for AED 1,315,000, last on 25 January 2024 for AED 2,300,000 (AED 1,211 per sqft).
  • Rented since February 2013 on 4 Ejari contracts, from AED 152,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2024 price is 7.0%, 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 25 January 2024.

Questions about 1601, La Riviera Tower

What did unit 1601 last sell for?

AED 2,300,000 on 25 January 2024: AED 1,211 per sqft for 1,898 sqft. The unit has 2 registered sales; the first was AED 1,315,000 in August 2017.

What is the rent for unit 1601?

AED 160,000 a year on the contract signed on 2 July 2017. The previous contract, from February 2015, was AED 156,000; the unit has been rented since February 2013.

How big is unit 1601?

1,898 sqft (176.3 sqm): a three-bedroom apartment on the 16th floor of a 34-storey tower completed in 2006.

What is unit 1601 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 1601, La Riviera Tower

Starts from the last sale price (AED 2.3M, 25 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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