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

301, La Riviera Tower

Sold prices and rental history: sold twice, last in June 2013, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 1 June 2022
Last soldAED 1.65M5 June 2013
Current rentAED 110K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 301, La Riviera Tower

What is 301 worth today?

Last sold for AED 1,650,000 in 2013

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1 Jun 2022RentedNew contract
AED 110,000/yr12 months · AED 58 per sqft
1 Aug 2019RentedNew contract
AED 120,000/yr12 months · AED 63 per sqft
5 Jun 2013SoldReady
AED 1,650,000AED 869 per sqft
14 May 2013Sold by developerReady
AED 720,300AED 379 per sqft

Source: Dubai Land Department. Updated 1 June 2022.

Key facts

Type
3-bed apartment
Size
1,898 sqft
Floor
3rd of 34
Parking
B2-53
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 26,900 /yr
Last sold
AED 1.65M · June 2013
Building
La Riviera Tower

About 301, La Riviera Tower

301 is a three-bedroom apartment of 1,898 sqft on the 3rd 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 June 2013 for AED 1,650,000, or AED 869 per sqft, 6% above the AED 816 three-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 June 2022, is AED 110,000 a year: a gross yield of 6.7% on the 2013 price, before the service charge of about AED 26,900 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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, May 2013: AED 720,300 (AED 379 per sqft)Sold, June 2013: AED 1,650,000 (AED 869 per sqft)

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

Rents
Unit 301, 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, August 2019: AED 120,000 a yearNew contract, June 2022: 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 301 sits

All 46 3-beds →

301 last sold in June 2013 at AED 869 per sqft, 6% above what three-beds in La Riviera Tower were fetching at the time (AED 816). 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. 301'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 3rd floor

All 180 units in La Riviera Tower
Value
3023-bedAED 693K · May 2009
3032-bedAED 1.26M · Mar 2023
3042-bedAED 1.24M · Apr 2013
3052-bedAED 1.35M · Jul 2013
3062-bedAED 1.2M · Oct 2009

301, La Riviera Tower in numbers

  • Sold twice: first on 14 May 2013 for AED 720,300, last on 5 June 2013 for AED 1,650,000 (AED 869 per sqft).
  • Rented since August 2019 on 2 Ejari contracts, from AED 120,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2013 price is 6.7%, 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 June 2022.

Questions about 301, La Riviera Tower

What did unit 301 last sell for?

AED 1,650,000 on 5 June 2013: AED 869 per sqft for 1,898 sqft. The unit has 2 registered sales; the first was AED 720,300 in May 2013.

What is the rent for unit 301?

AED 110,000 a year on the contract signed on 1 June 2022. The previous contract, from August 2019, was AED 120,000.

How big is unit 301?

1,898 sqft (176.3 sqm): a three-bedroom apartment on the 3rd floor of a 34-storey tower completed in 2006.

What is unit 301 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 301, La Riviera Tower

Starts from the last sale price (AED 1.65M, 5 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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