2-bed · 982 sqftLa Riviera Tower, Dubai Marina · 30th floor · completed 2006

3003, La Riviera Tower

Sold prices and rental history: sold twice, last in March 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3003 · DLD and Ejari recordsUpdated 24 March 2019
Last soldAED 1.3M9 March 2016
Current rentAED 80K /yr24 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3003, La Riviera Tower

What is 3003 worth today?

Last sold for AED 1,300,000 in 2016

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24 Mar 2019RentedNew contract
AED 80,000/yr12 months · AED 82 per sqft
9 Mar 2016SoldReady
AED 1,300,000AED 1,323 per sqft
1 Feb 2015RentedNew contract
AED 110,000/yr12 months · AED 112 per sqft
1 Feb 2013RentedNew contract
AED 87,000/yr12 months · AED 89 per sqft
25 Jan 2009Sold by developerReady
AED 655,000AED 667 per sqft

Source: Dubai Land Department. Updated 24 March 2019.

Key facts

Type
2-bed apartment
Size
982 sqft
Floor
30th of 34
Parking
B3-77
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 13,900 /yr
Last sold
AED 1.3M · March 2016

About 3003, La Riviera Tower

3003 is a two-bedroom apartment of 982 sqft on the 30th 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 9 March 2016 for AED 1,300,000, or AED 1,323 per sqft, 10% above the AED 1,207 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 24 March 2019, is AED 80,000 a year: a gross yield of 6.2% on the 2016 price, before the service charge of about AED 13,900 a year.

Sales and rents for 3003 over time

Sales
Unit 3003, 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, January 2009: AED 655,000 (AED 667 per sqft)Sold, March 2016: AED 1,300,000 (AED 1,323 per sqft)

3003 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3003, 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, February 2013: AED 87,000 a yearNew contract, February 2015: AED 110,000 a yearNew contract, March 2019: AED 80,000 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 3003 sits

All 123 2-beds →

3003 last sold in March 2016 at AED 1,323 per sqft, 10% above 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. 3003's AED 80,000 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 30th floor

All 180 units in La Riviera Tower
Value
30014-bedAED 2M · Oct 2008
30024-bedAED 1.7M · Feb 2020
30042-bedAED 760K · Apr 2009
30052-bedAED 740K · Mar 2009
30062-bedAED 950K · Jul 2015

3003, La Riviera Tower in numbers

  • Sold twice: first on 25 January 2009 for AED 655,000, last on 9 March 2016 for AED 1,300,000 (AED 1,323 per sqft).
  • Rented since February 2013 on 3 Ejari contracts, from AED 87,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2016 price is 6.2%, 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 24 March 2019.

Questions about 3003, La Riviera Tower

What did unit 3003 last sell for?

AED 1,300,000 on 9 March 2016: AED 1,323 per sqft for 982 sqft. The unit has 2 registered sales; the first was AED 655,000 in January 2009.

What is the rent for unit 3003?

AED 80,000 a year on the contract signed on 24 March 2019. The previous contract, from February 2015, was AED 110,000; the unit has been rented since February 2013.

How big is unit 3003?

982 sqft (91.2 sqm): a two-bedroom apartment on the 30th floor of a 34-storey tower completed in 2006.

What is unit 3003 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 3003, La Riviera Tower

Starts from the last sale price (AED 1.3M, 9 March 2016). 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 →