2-bed · 1,150 sqftLa Riviera Tower, Dubai Marina · 29th floor · completed 2006

2904, La Riviera Tower

Sold prices and rental history: sold 5 times, last in August 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2904 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 1.21M24 August 2021
Current rentAED 89K /yr31 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2904, La Riviera Tower

What is 2904 worth today?

Last sold for AED 1,210,000 in 2021

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31 May 2024RentedRenewal
AED 88,500/yr12 months · AED 77 per sqft
31 May 2024RentedRenewal
AED 88,500/yr12 months · AED 77 per sqft
31 May 2023RentedRenewal
AED 77,000/yr12 months · AED 67 per sqft
31 May 2022RentedRenewal
AED 70,000/yr12 months · AED 61 per sqft
24 Aug 2021SoldReady
AED 1,210,000AED 1,052 per sqft
31 May 2021RentedNew contract
AED 60,000/yr12 months · AED 52 per sqft
29 Mar 2021SoldReady
AED 840,000AED 730 per sqft
9 Dec 2019RentedRenewal
AED 85,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 31 May 2024.

Key facts

Type
2-bed apartment
Size
1,150 sqft
Floor
29th of 34
Parking
B3-53
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 16,300 /yr
Last sold
AED 1.21M · August 2021

About 2904, La Riviera Tower

2904 is a two-bedroom apartment of 1,150 sqft on the 29th 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 24 August 2021 for AED 1,210,000, or AED 1,052 per sqft, 31% above the AED 804 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 31 May 2024, is AED 88,500 a year: a gross yield of 7.3% on the 2021 price, before the service charge of about AED 16,300 a year.

Sales and rents for 2904 over time

Sales
Unit 2904, 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 2012: AED 879,750 (AED 764 per sqft)Sold, July 2012: AED 1,100,000 (AED 956 per sqft)Sold, November 2012: AED 1,225,000 (AED 1,065 per sqft)Sold, March 2021: AED 840,000 (AED 730 per sqft)Sold, August 2021: AED 1,210,000 (AED 1,052 per sqft)

2904 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2904, 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, December 2012: AED 90,000 a yearNew contract, December 2013: AED 90,000 a yearRenewal, December 2014: AED 108,000 a yearRenewal, December 2015: AED 124,200 a yearRenewal, December 2019: AED 85,000 a yearNew contract, May 2021: AED 60,000 a yearRenewal, May 2022: AED 70,000 a yearRenewal, May 2023: AED 77,000 a yearRenewal, May 2024: AED 88,500 a yearRenewal, May 2024: AED 88,500 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 2904 sits

All 123 2-beds →

2904 last sold in August 2021 at AED 1,052 per sqft, 31% above what two-beds in La Riviera Tower were fetching at the time (AED 804). 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. 2904's AED 88,500 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 29th floor

All 180 units in La Riviera Tower
Value
29032-bedAED 645K · Apr 2013
29052-bedAED 1.75M · Mar 2025
29062-bedAED 845K · Jan 2009

2904, La Riviera Tower in numbers

  • Sold 5 times: first on 4 March 2012 for AED 879,750, last on 24 August 2021 for AED 1,210,000 (AED 1,052 per sqft).
  • Rented since December 2012 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 60,000 in 2021 and recovered to AED 88,500 by May 2024.
  • At AED 88,500 a year the gross yield on the 2021 price is 7.3%, before a service charge of about AED 16,300 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 31 May 2024.

Questions about 2904, La Riviera Tower

What did unit 2904 last sell for?

AED 1,210,000 on 24 August 2021: AED 1,052 per sqft for 1,150 sqft. The unit has 5 registered sales; the first was AED 879,750 in March 2012.

What is the rent for unit 2904?

AED 88,500 a year on the contract renewed on 31 May 2024. The previous contract, from May 2024, was AED 88,500; the unit has been rented since December 2012.

How big is unit 2904?

1,150 sqft (106.8 sqm): a two-bedroom apartment on the 29th floor of a 34-storey tower completed in 2006.

What is unit 2904 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 2904, La Riviera Tower

Starts from the last sale price (AED 1.21M, 24 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,210,000
Deposit, UAE resident (20%)
AED 242,000
Deposit, non-resident (40%)
AED 484,000
Monthly over 25 years at 3.7%
AED 4,950

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