2-bed · 982 sqftLa Riviera Tower, Dubai Marina · 22nd floor · completed 2006

2203, La Riviera Tower

Sold prices and rental history: sold 3 times, last in May 2018, and rented once, from May 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2203 · DLD and Ejari recordsUpdated 14 May 2018
Last soldAED 1.14M14 May 2018
Current rentAED 88K /yr7 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2203, La Riviera Tower

What is 2203 worth today?

Last sold for AED 1,140,000 in 2018

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14 May 2018SoldReady
AED 1,140,000AED 1,160 per sqft
18 Feb 2016SoldReady
AED 1,250,000AED 1,272 per sqft
7 May 2014RentedNew contract
AED 88,200/yr12 months · AED 90 per sqft
9 Jan 2014Sold by developerReady
AED 694,000AED 706 per sqft

Source: Dubai Land Department. Updated 14 May 2018.

Key facts

Type
2-bed apartment
Size
982 sqft
Floor
22nd of 34
Parking
B2-74
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 13,900 /yr
Last sold
AED 1.14M · May 2018

About 2203, La Riviera Tower

2203 is a two-bedroom apartment of 982 sqft on the 22nd 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 14 May 2018 for AED 1,140,000, or AED 1,160 per sqft, 11% above the AED 1,043 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 May 2014. The current contract, signed on 7 May 2014, is AED 88,200 a year: a gross yield of 7.7% on the 2018 price, before the service charge of about AED 13,900 a year.

Sales and rents for 2203 over time

Sales
Unit 2203, 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, January 2014: AED 694,000 (AED 706 per sqft)Sold, February 2016: AED 1,250,000 (AED 1,272 per sqft)Sold, May 2018: AED 1,140,000 (AED 1,160 per sqft)

2203 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2203, 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, May 2014: AED 88,200 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 2203 sits

All 123 2-beds →

2203 last sold in May 2018 at AED 1,160 per sqft, 11% above what two-beds in La Riviera Tower were fetching at the time (AED 1,043). 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. 2203's AED 88,200 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 22nd floor

All 180 units in La Riviera Tower
Value
22013-bedAED 1.55M · Jun 2019
22023-bedAED 1.86M · Mar 2010
22042-bedAED 717K · Jun 2009
22052-bedAED 755K · Nov 2012
22062-bedAED 1.4M · Apr 2023

2203, La Riviera Tower in numbers

  • Sold 3 times: first on 9 January 2014 for AED 694,000, last on 14 May 2018 for AED 1,140,000 (AED 1,160 per sqft).
  • Rented since May 2014 on one Ejari contract, at AED 88,200 a year.
  • At AED 88,200 a year the gross yield on the 2018 price is 7.7%, before a service charge of about AED 13,900 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 14 May 2018.

Questions about 2203, La Riviera Tower

What did unit 2203 last sell for?

AED 1,140,000 on 14 May 2018: AED 1,160 per sqft for 982 sqft. The unit has 3 registered sales; the first was AED 694,000 in January 2014.

What is the rent for unit 2203?

AED 88,200 a year on the contract signed on 7 May 2014.

How big is unit 2203?

982 sqft (91.2 sqm): a two-bedroom apartment on the 22nd floor of a 34-storey tower completed in 2006.

What is unit 2203 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 2203, La Riviera Tower

Starts from the last sale price (AED 1.14M, 14 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,140,000
Deposit, UAE resident (20%)
AED 228,000
Deposit, non-resident (40%)
AED 456,000
Monthly over 25 years at 3.7%
AED 4,664

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