2-bed · 982 sqftLa Riviera Tower, Dubai Marina · 23rd floor · completed 2006

2303, La Riviera Tower

Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 17 February 2025
Last soldAED 635K4 November 2008
Current rentAED 113K /yr17 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2303, La Riviera Tower

What is 2303 worth today?

Last sold for AED 635,000 in 2008

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17 Feb 2025RentedNew contract
AED 112,700/yr12 months · AED 115 per sqft
17 Feb 2025RentedNew contract
AED 112,700/yr12 months · AED 115 per sqft
17 Feb 2023RentedRenewal
AED 80,000/yr12 months · AED 81 per sqft
17 Feb 2021RentedRenewal
AED 60,000/yr24 months · AED 61 per sqft
17 Aug 2019RentedRenewal
AED 85,000/yr18 months · AED 87 per sqft
17 Aug 2018RentedNew contract
AED 95,000/yr12 months · AED 97 per sqft
17 Aug 2017RentedNew contract
AED 95,000/yr12 months · AED 97 per sqft
14 Feb 2016RentedNew contract
AED 115,000/yr12 months · AED 117 per sqft

Source: Dubai Land Department. Updated 17 February 2025.

Key facts

Type
2-bed apartment
Size
982 sqft
Floor
23rd of 34
Parking
B3-1
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 13,900 /yr
Last sold
AED 635K · November 2008

About 2303, La Riviera Tower

2303 is a two-bedroom apartment of 982 sqft on the 23rd 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 4 November 2008 for AED 635,000, or AED 646 per sqft, 4% below the AED 672 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 17 February 2025, is AED 112,700 a year: a gross yield of 17.8% on the 2008 price, before the service charge of about AED 13,900 a year.

Sales and rents for 2303 over time

Sales
Unit 2303, each saleTypical two-bed in La Riviera Tower
500K1M1.5M2008201320182023Typical 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 635,000 (AED 646 per sqft)

2303 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2303, each contractTypical two-bed in La Riviera Tower
50K100K2012201620202024Typical 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, February 2016: AED 115,000 a yearNew contract, August 2017: AED 95,000 a yearNew contract, August 2018: AED 95,000 a yearRenewal, August 2019: AED 85,000 a yearRenewal, February 2021: AED 60,000 a yearRenewal, February 2023: AED 80,000 a yearNew contract, February 2025: AED 112,700 a yearNew contract, February 2025: AED 112,700 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 2303 sits

All 123 2-beds →

2303 last sold in November 2008 at AED 646 per sqft, 4% below what two-beds in La Riviera Tower were fetching at the time (AED 672). 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. 2303's AED 112,700 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 23rd floor

All 180 units in La Riviera Tower
Value
23013-bedAED 1.14M · Mar 2012
23023-bedAED 3.1M · Oct 2024
23042-bedAED 910K · Jun 2021
23052-bedAED 1.78M · Jul 2025
23062-bedAED 835K · Jun 2012

2303, La Riviera Tower in numbers

  • Sold once: by B&M Riviera Properties Development on 4 November 2008 for AED 635,000, or AED 646 per sqft.
  • Rented since February 2016 on 8 Ejari contracts. The rent fell from AED 115,000 to AED 60,000 in 2021 and recovered to AED 112,700 by February 2025.
  • At AED 112,700 a year the gross yield on the 2008 price is 17.8%, 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 17 February 2025.

Questions about 2303, La Riviera Tower

What did unit 2303 last sell for?

AED 635,000 on 4 November 2008, sold by the developer: AED 646 per sqft for 982 sqft. It is the only registered sale of the unit.

What is the rent for unit 2303?

AED 112,700 a year on the contract signed on 17 February 2025. The previous contract, from February 2025, was AED 112,700; the unit has been rented since February 2016.

How big is unit 2303?

982 sqft (91.2 sqm): a two-bedroom apartment on the 23rd floor of a 34-storey tower completed in 2006.

What is unit 2303 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 2303, La Riviera Tower

Starts from the last sale price (AED 635K, 4 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 635,000
Deposit, UAE resident (20%)
AED 127,000
Deposit, non-resident (40%)
AED 254,000
Monthly over 25 years at 3.7%
AED 2,598

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