2-bed · 1,185 sqftLa Riviera Tower, Dubai Marina · 25th floor · completed 2006

2505, La Riviera Tower

Sold prices and rental history: sold 3 times, last in October 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2505 · DLD and Ejari recordsUpdated 5 November 2022
Last soldAED 1.3M6 October 2015
Current rentAED 85K /yr5 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2505, La Riviera Tower

What is 2505 worth today?

Last sold for AED 1,300,000 in 2015

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5 Nov 2022RentedNew contract
AED 85,000/yr12 months · AED 72 per sqft
5 Nov 2022RentedRenewal
AED 85,000/yr12 months · AED 72 per sqft
21 Oct 2021RentedRenewal
AED 70,000/yr12 months · AED 59 per sqft
21 Oct 2020RentedRenewal
AED 70,000/yr12 months · AED 59 per sqft
21 Oct 2019RentedRenewal
AED 90,000/yr12 months · AED 76 per sqft
21 Oct 2018RentedNew contract
AED 95,000/yr12 months · AED 80 per sqft
5 Sep 2017RentedNew contract
AED 120,000/yr12 months · AED 101 per sqft
15 May 2016RentedNew contract
AED 120,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 5 November 2022.

Key facts

Type
2-bed apartment
Size
1,185 sqft
Floor
25th of 34
Parking
B2-50
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 16,800 /yr
Last sold
AED 1.3M · October 2015

About 2505, La Riviera Tower

2505 is a two-bedroom apartment of 1,185 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 6 October 2015 for AED 1,300,000, or AED 1,097 per sqft, 9% below the AED 1,207 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 5 November 2022, is AED 85,000 a year: a gross yield of 6.5% on the 2015 price, before the service charge of about AED 16,800 a year.

Sales and rents for 2505 over time

Sales
Unit 2505, 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, March 2009: AED 755,000 (AED 637 per sqft)Sold, March 2014: AED 1,500,000 (AED 1,265 per sqft)Sold, October 2015: AED 1,300,000 (AED 1,097 per sqft)

2505 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2505, 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, July 2013: AED 88,200 a yearNew contract, July 2014: AED 87,908 a yearNew contract, April 2015: AED 120,000 a yearNew contract, May 2016: AED 120,000 a yearNew contract, September 2017: AED 120,000 a yearNew contract, October 2018: AED 95,000 a yearRenewal, October 2019: AED 90,000 a yearRenewal, October 2020: AED 70,000 a yearRenewal, October 2021: AED 70,000 a yearNew contract, November 2022: AED 85,000 a yearRenewal, November 2022: AED 85,000 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 2505 sits

All 123 2-beds →

2505 last sold in October 2015 at AED 1,097 per sqft, 9% below what two-beds in La Riviera Tower were fetching at the time (AED 1,207). 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. 2505's AED 85,000 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 25th floor

All 180 units in La Riviera Tower
Value
25013-bedAED 1.8M · Jan 2017
25023-bedAED 800K · May 2018
25032-bedAED 763K · Nov 2008
25042-bedAED 690K · Apr 2009
25062-bedAED 1.02M · May 2012

2505, La Riviera Tower in numbers

  • Sold 3 times: first on 24 March 2009 for AED 755,000, last on 6 October 2015 for AED 1,300,000 (AED 1,097 per sqft).
  • Rented since July 2013 on 11 Ejari contracts. The rent fell from AED 88,200 to AED 70,000 in 2021 and recovered to AED 85,000 by November 2022.
  • At AED 85,000 a year the gross yield on the 2015 price is 6.5%, before a service charge of about AED 16,800 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 5 November 2022.

Questions about 2505, La Riviera Tower

What did unit 2505 last sell for?

AED 1,300,000 on 6 October 2015: AED 1,097 per sqft for 1,185 sqft. The unit has 3 registered sales; the first was AED 755,000 in March 2009.

What is the rent for unit 2505?

AED 85,000 a year on the contract signed on 5 November 2022. The previous contract, from November 2022, was AED 85,000; the unit has been rented since July 2013.

How big is unit 2505?

1,185 sqft (110.1 sqm): a two-bedroom apartment on the 25th floor of a 34-storey tower completed in 2006.

What is unit 2505 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 2505, La Riviera Tower

Starts from the last sale price (AED 1.3M, 6 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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