2-bed · 1,150 sqftLa Riviera Tower, Dubai Marina · 17th floor · completed 2006

1704, La Riviera Tower

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

Unit 1704 · DLD and Ejari recordsUpdated 13 November 2024
Last soldAED 1.6M13 November 2024
Current rentAED 97K /yr30 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, La Riviera Tower

What is 1704 worth today?

Last sold for AED 1,603,625 in 2024

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13 Nov 2024SoldReady
AED 1,603,625AED 1,394 per sqft
30 Sep 2023RentedNew contract
AED 96,800/yr12 months · AED 84 per sqft
30 Sep 2021RentedNew contract
AED 80,000/yr12 months · AED 70 per sqft
15 Feb 2019RentedNew contract
AED 90,000/yr12 months · AED 78 per sqft
5 Sep 2018RentedNew contract
AED 95,000/yr12 months · AED 82 per sqft
4 Oct 2016RentedRenewal
AED 115,000/yr12 months · AED 100 per sqft
4 Oct 2015RentedRenewal
AED 112,500/yr12 months · AED 98 per sqft
4 Oct 2014RentedNew contract
AED 102,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 13 November 2024.

Key facts

Type
2-bed apartment
Size
1,150 sqft
Floor
17th of 34
Parking
B2-33
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 16,300 /yr
Last sold
AED 1.6M · November 2024

About 1704, La Riviera Tower

1704 is a two-bedroom apartment of 1,150 sqft on the 17th 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 13 November 2024 for AED 1,603,625, or AED 1,394 per sqft, in line with the AED 1,394 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 30 September 2023, is AED 96,800 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 16,300 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, 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, March 2013: AED 819,500 (AED 712 per sqft)Sold, November 2024: AED 1,603,625 (AED 1,394 per sqft)

1704 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1704, 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, October 2013: AED 85,000 a yearNew contract, October 2014: AED 102,000 a yearRenewal, October 2015: AED 112,500 a yearRenewal, October 2016: AED 115,000 a yearNew contract, September 2018: AED 95,000 a yearNew contract, February 2019: AED 90,000 a yearNew contract, September 2021: AED 80,000 a yearNew contract, September 2023: AED 96,800 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 1704 sits

All 123 2-beds →

1704 last sold in November 2024 at AED 1,394 per sqft, in line with what two-beds in La Riviera Tower were fetching at the time (AED 1,394). 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. 1704's AED 96,800 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 17th floor

All 180 units in La Riviera Tower
Value
17013-bedAED 2.3M · Feb 2013
17023-bedAED 1.7M · Feb 2012
17032-bedAED 684K · Dec 2012
17052-bedAED 745K · Nov 2008
17062-bedAED 1.82M · Nov 2017

1704, La Riviera Tower in numbers

  • Sold twice: first on 17 March 2013 for AED 819,500, last on 13 November 2024 for AED 1,603,625 (AED 1,394 per sqft).
  • Rented since October 2013 on 8 Ejari contracts, from AED 85,000 to AED 96,800 a year.
  • At AED 96,800 a year the gross yield on the 2024 price is 6.0%, 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 13 November 2024.

Questions about 1704, La Riviera Tower

What did unit 1704 last sell for?

AED 1,603,625 on 13 November 2024: AED 1,394 per sqft for 1,150 sqft. The unit has 2 registered sales; the first was AED 819,500 in March 2013.

What is the rent for unit 1704?

AED 96,800 a year on the contract signed on 30 September 2023. The previous contract, from September 2021, was AED 80,000; the unit has been rented since October 2013.

How big is unit 1704?

1,150 sqft (106.8 sqm): a two-bedroom apartment on the 17th floor of a 34-storey tower completed in 2006.

What is unit 1704 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 1704, La Riviera Tower

Starts from the last sale price (AED 1.6M, 13 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,603,625
Deposit, UAE resident (20%)
AED 320,725
Deposit, non-resident (40%)
AED 641,450
Monthly over 25 years at 3.7%
AED 6,561

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