3-bed · 1,824 sqftLa Riviera Tower, Dubai Marina · 19th floor · completed 2006

1902, La Riviera Tower

Sold prices and rental history: sold once, by the developer in April 2013, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1902 · DLD and Ejari recordsUpdated 15 July 2018
Last soldAED 1.3M28 April 2013
Current rentAED 145K /yr15 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1902, La Riviera Tower

What is 1902 worth today?

Last sold for AED 1,299,100 in 2013

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15 Jul 2018RentedNew contract
AED 145,000/yr6 months · AED 79 per sqft
1 Nov 2015RentedNew contract
AED 180,895/yr12 months · AED 99 per sqft
28 Apr 2013Sold by developerReady
AED 1,299,100AED 712 per sqft

Source: Dubai Land Department. Updated 15 July 2018.

Key facts

Type
3-bed apartment
Size
1,824 sqft
Floor
19th of 34
Parking
B2-46
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 25,800 /yr
Last sold
AED 1.3M · April 2013

About 1902, La Riviera Tower

1902 is a three-bedroom apartment of 1,824 sqft on the 19th 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 April 2013 for AED 1,299,100, or AED 712 per sqft, 12% below the AED 809 three-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 15 July 2018, is AED 145,000 a year: a gross yield of 11.2% on the 2013 price, before the service charge of about AED 25,800 a year.

Sales and rents for 1902 over time

Sales
Unit 1902, 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, April 2013: AED 1,299,100 (AED 712 per sqft)

1902 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1902, 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, November 2015: AED 180,895 a yearNew contract, July 2018: AED 145,000 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 1902 sits

All 46 3-beds →

1902 last sold in April 2013 at AED 712 per sqft, 12% below what three-beds in La Riviera Tower were fetching at the time (AED 809). 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. 1902's AED 145,000 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 19th floor

All 180 units in La Riviera Tower
Value
19013-bedAED 1.12M · Jul 2015
19032-bedAED 990K · Sep 2019
19042-bedAED 767K · Jun 2009
19052-bedAED 1.2M · Aug 2012
19062-bedAED 1.2M · Jan 2012

1902, La Riviera Tower in numbers

  • Sold once: by B&M Riviera Properties Development on 28 April 2013 for AED 1,299,100, or AED 712 per sqft.
  • Rented since November 2015 on 2 Ejari contracts, from AED 180,895 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2013 price is 11.2%, before a service charge of about AED 25,800 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 15 July 2018.

Questions about 1902, La Riviera Tower

What did unit 1902 last sell for?

AED 1,299,100 on 28 April 2013, sold by the developer: AED 712 per sqft for 1,824 sqft. It is the only registered sale of the unit.

What is the rent for unit 1902?

AED 145,000 a year on the contract signed on 15 July 2018. The previous contract, from November 2015, was AED 180,895.

How big is unit 1902?

1,824 sqft (169.5 sqm): a three-bedroom apartment on the 19th floor of a 34-storey tower completed in 2006.

What is unit 1902 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 1902, La Riviera Tower

Starts from the last sale price (AED 1.3M, 28 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,299,100
Deposit, UAE resident (20%)
AED 259,820
Deposit, non-resident (40%)
AED 519,640
Monthly over 25 years at 3.7%
AED 5,315

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