2-bed · 1,150 sqftLa Riviera Tower, Dubai Marina · 30th floor · completed 2006

3004, La Riviera Tower

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3004 · DLD and Ejari recordsUpdated 15 May 2023
Last soldAED 760K30 April 2009
Current rentAED 86K /yr15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3004, La Riviera Tower

What is 3004 worth today?

Last sold for AED 760,000 in 2009

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15 May 2023RentedRenewal
AED 85,560/yr12 months · AED 74 per sqft
15 May 2022RentedRenewal
AED 74,400/yr12 months · AED 65 per sqft
15 May 2021RentedRenewal
AED 62,000/yr12 months · AED 54 per sqft
15 May 2020RentedRenewal
AED 75,000/yr12 months · AED 65 per sqft
15 May 2019RentedRenewal
AED 85,000/yr12 months · AED 74 per sqft
15 May 2018RentedRenewal
AED 100,000/yr12 months · AED 87 per sqft
15 May 2017RentedNew contract
AED 105,000/yr12 months · AED 91 per sqft
1 Mar 2016RentedNew contract
AED 120,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 15 May 2023.

Key facts

Type
2-bed apartment
Size
1,150 sqft
Floor
30th of 34
Parking
B3-21
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 16,300 /yr
Last sold
AED 760K · April 2009

About 3004, La Riviera Tower

3004 is a two-bedroom apartment of 1,150 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. The developer sold it on 30 April 2009 for AED 760,000, or AED 660 per sqft, in line with the AED 666 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 15 May 2023, is AED 85,560 a year: a gross yield of 11.3% on the 2009 price, before the service charge of about AED 16,300 a year.

Sales and rents for 3004 over time

Sales
Unit 3004, 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, April 2009: AED 760,000 (AED 660 per sqft)

3004 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3004, each contractTypical two-bed in La Riviera Tower
100K2012201620202024Typical 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, March 2016: AED 120,000 a yearNew contract, May 2017: AED 105,000 a yearRenewal, May 2018: AED 100,000 a yearRenewal, May 2019: AED 85,000 a yearRenewal, May 2020: AED 75,000 a yearRenewal, May 2021: AED 62,000 a yearRenewal, May 2022: AED 74,400 a yearRenewal, May 2023: AED 85,560 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 3004 sits

All 123 2-beds →

3004 last sold in April 2009 at AED 660 per sqft, in line with what two-beds in La Riviera Tower were fetching at the time (AED 666). 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. 3004's AED 85,560 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
30032-bedAED 1.3M · Mar 2016
30052-bedAED 740K · Mar 2009
30062-bedAED 950K · Jul 2015

3004, La Riviera Tower in numbers

  • Sold once: by B&M Riviera Properties Development on 30 April 2009 for AED 760,000, or AED 660 per sqft.
  • Rented since March 2016 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 62,000 in 2021 and recovered to AED 85,560 by May 2023.
  • At AED 85,560 a year the gross yield on the 2009 price is 11.3%, 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 15 May 2023.

Questions about 3004, La Riviera Tower

What did unit 3004 last sell for?

AED 760,000 on 30 April 2009, sold by the developer: AED 660 per sqft for 1,150 sqft. It is the only registered sale of the unit.

What is the rent for unit 3004?

AED 85,560 a year on the contract renewed on 15 May 2023. The previous contract, from May 2022, was AED 74,400; the unit has been rented since March 2016.

How big is unit 3004?

1,150 sqft (106.8 sqm): a two-bedroom apartment on the 30th floor of a 34-storey tower completed in 2006.

What is unit 3004 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 3004, La Riviera Tower

Starts from the last sale price (AED 760K, 30 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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