3-bed · 1,898 sqftLa Riviera Tower, Dubai Marina · 25th floor · completed 2006

2501, La Riviera Tower

Sold prices and rental history: sold twice, last in January 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2501 · DLD and Ejari recordsUpdated 1 August 2018
Last soldAED 1.8M5 January 2017
Current rentAED 110K /yr1 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2501, La Riviera Tower

What is 2501 worth today?

Last sold for AED 1,800,000 in 2017

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1 Aug 2018RentedNew contract
AED 110,000/yr12 months · AED 58 per sqft
5 Nov 2017RentedNew contract
AED 125,000/yr12 months · AED 66 per sqft
5 Jan 2017SoldReady
AED 1,800,000AED 948 per sqft
8 Mar 2015RentedNew contract
AED 171,924/yr6 months · AED 91 per sqft
8 Mar 2014RentedNew contract
AED 149,500/yr12 months · AED 79 per sqft
8 Mar 2013RentedNew contract
AED 130,000/yr12 months · AED 69 per sqft
30 Aug 2009Sold by developerReady
AED 1,135,000AED 597 per sqft

Source: Dubai Land Department. Updated 1 August 2018.

Key facts

Type
3-bed apartment
Size
1,898 sqft
Floor
25th of 34
Parking
B1-65
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 26,900 /yr
Last sold
AED 1.8M · January 2017

About 2501, La Riviera Tower

2501 is a three-bedroom apartment of 1,898 sqft on the 25th 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 5 January 2017 for AED 1,800,000, or AED 948 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 August 2018, is AED 110,000 a year: a gross yield of 6.1% on the 2017 price, before the service charge of about AED 26,900 a year.

Sales and rents for 2501 over time

Sales
Unit 2501, 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, August 2009: AED 1,135,000 (AED 597 per sqft)Sold, January 2017: AED 1,800,000 (AED 948 per sqft)

2501 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2501, 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, March 2013: AED 130,000 a yearNew contract, March 2014: AED 149,500 a yearNew contract, March 2015: AED 171,924 a yearNew contract, November 2017: AED 125,000 a yearNew contract, August 2018: AED 110,000 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 2501 sits

All 46 3-beds →

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. 2501's AED 110,000 is at the bottom 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 25th floor

All 180 units in La Riviera Tower
Value
25023-bedAED 800K · May 2018
25032-bedAED 763K · Nov 2008
25042-bedAED 690K · Apr 2009
25052-bedAED 1.3M · Oct 2015
25062-bedAED 1.02M · May 2012

2501, La Riviera Tower in numbers

  • Sold twice: first on 30 August 2009 for AED 1,135,000, last on 5 January 2017 for AED 1,800,000 (AED 948 per sqft).
  • Rented since March 2013 on 5 Ejari contracts, from AED 130,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2017 price is 6.1%, before a service charge of about AED 26,900 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 1 August 2018.

Questions about 2501, La Riviera Tower

What did unit 2501 last sell for?

AED 1,800,000 on 5 January 2017: AED 948 per sqft for 1,898 sqft. The unit has 2 registered sales; the first was AED 1,135,000 in August 2009.

What is the rent for unit 2501?

AED 110,000 a year on the contract signed on 1 August 2018. The previous contract, from November 2017, was AED 125,000; the unit has been rented since March 2013.

How big is unit 2501?

1,898 sqft (176.3 sqm): a three-bedroom apartment on the 25th floor of a 34-storey tower completed in 2006.

What is unit 2501 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 2501, La Riviera Tower

Starts from the last sale price (AED 1.8M, 5 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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