2-bed · 1,329 sqftLa Riviera Tower, Dubai Marina · 20th floor · completed 2006

2006, La Riviera Tower

Sold prices and rental history: sold twice, last in October 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2006 · DLD and Ejari recordsUpdated 4 October 2020
Last soldAED 1M4 October 2020
Current rentAED 100K /yr1 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2006, La Riviera Tower

What is 2006 worth today?

Last sold for AED 1,000,000 in 2020

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4 Oct 2020SoldReady
AED 1,000,000AED 752 per sqft
1 Aug 2019RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
6 Aug 2018RentedNew contract
AED 115,000/yr12 months · AED 87 per sqft
31 May 2017RentedRenewal
AED 134,054/yr9 months · AED 101 per sqft
31 May 2016RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft
14 Dec 2015RentedRenewal
AED 155,520/yr4 months · AED 117 per sqft
14 Dec 2014RentedRenewal
AED 132,000/yr12 months · AED 99 per sqft
14 Dec 2013RentedRenewal
AED 120,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 4 October 2020.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
20th of 34
Parking
B3-51
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 18,800 /yr
Last sold
AED 1M · October 2020

About 2006, La Riviera Tower

2006 is a two-bedroom apartment of 1,329 sqft on the 20th 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 4 October 2020 for AED 1,000,000, or AED 752 per sqft.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 1 August 2019, is AED 100,000 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 18,800 a year.

Sales and rents for 2006 over time

Sales
Unit 2006, 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 2008: AED 1,012,000 (AED 761 per sqft)Sold, October 2020: AED 1,000,000 (AED 752 per sqft)

2006 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2006, each contractTypical two-bed in La Riviera Tower
100K150K2012201620202024Typical 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, December 2012: AED 115,000 a yearRenewal, December 2013: AED 120,000 a yearRenewal, December 2014: AED 132,000 a yearRenewal, December 2015: AED 155,520 a yearNew contract, May 2016: AED 140,000 a yearRenewal, May 2017: AED 134,054 a yearNew contract, August 2018: AED 115,000 a yearNew contract, August 2019: AED 100,000 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 2006 sits

All 123 2-beds →

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. 2006's AED 100,000 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 20th floor

All 180 units in La Riviera Tower
Value
20013-bedAED 2.1M · Nov 2023
20023-bedAED 2.65M · Jul 2025
20032-bedAED 850K · Feb 2021
20042-bedAED 745K · Feb 2022
20052-bedAED 1.3M · Oct 2015

2006, La Riviera Tower in numbers

  • Sold twice: first on 4 November 2008 for AED 1,012,000, last on 4 October 2020 for AED 1,000,000 (AED 752 per sqft).
  • Rented since December 2012 on 8 Ejari contracts, from AED 115,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2020 price is 10.0%, 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 4 October 2020.

Questions about 2006, La Riviera Tower

What did unit 2006 last sell for?

AED 1,000,000 on 4 October 2020: AED 752 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 1,012,000 in November 2008.

What is the rent for unit 2006?

AED 100,000 a year on the contract signed on 1 August 2019. The previous contract, from August 2018, was AED 115,000; the unit has been rented since December 2012.

How big is unit 2006?

1,329 sqft (123.5 sqm): a two-bedroom apartment on the 20th floor of a 34-storey tower completed in 2006.

What is unit 2006 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 2006, La Riviera Tower

Starts from the last sale price (AED 1M, 4 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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