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3-bed · 1,824 sqftLa Riviera Tower, Dubai Marina · 3rd floor · completed 2006

302, La Riviera Tower

Sold prices and rental history: sold once, by the developer in May 2009, and rented once, from December 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 16 December 2017
Last soldAED 693K5 May 2009
Current rentAED 139K /yr16 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 302, La Riviera Tower

What is 302 worth today?

Last sold for AED 692,800 in 2009

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16 Dec 2017RentedNew contract
AED 139,251/yr12 months · AED 77 per sqft
5 May 2009Sold by developerReady
AED 692,800AED 379 per sqft

Source: Dubai Land Department. Updated 16 December 2017.

Key facts

Type
3-bed apartment
Size
1,824 sqft
Floor
3rd of 34
Parking
B1-31
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 25,800 /yr
Last sold
AED 693K · May 2009
Building
La Riviera Tower

About 302, La Riviera Tower

302 is a three-bedroom apartment of 1,824 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. The developer sold it on 5 May 2009 for AED 692,800, or AED 379 per sqft, 37% below the AED 599 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 December 2017. The current contract, signed on 16 December 2017, is AED 139,251 a year: a gross yield of 20.1% on the 2009 price, before the service charge of about AED 25,800 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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 2009: AED 692,800 (AED 379 per sqft)

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

Rents
Unit 302, 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, December 2017: AED 139,251 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 302 sits

All 46 3-beds →

302 last sold in May 2009 at AED 379 per sqft, 37% below what three-beds in La Riviera Tower were fetching at the time (AED 599). 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. 302's AED 139,251 is in the lower half 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
3013-bedAED 1.65M · Jun 2013
3032-bedAED 1.26M · Mar 2023
3042-bedAED 1.24M · Apr 2013
3052-bedAED 1.35M · Jul 2013
3062-bedAED 1.2M · Oct 2009

302, La Riviera Tower in numbers

  • Sold once: by B&M Riviera Properties Development on 5 May 2009 for AED 692,800, or AED 379 per sqft.
  • Rented since December 2017 on one Ejari contract, at AED 139,251 a year.
  • At AED 139,251 a year the gross yield on the 2009 price is 20.1%, before a service charge of about AED 25,800 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 16 December 2017.

Questions about 302, La Riviera Tower

What did unit 302 last sell for?

AED 692,800 on 5 May 2009, sold by the developer: AED 379 per sqft for 1,824 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 139,251 a year on the contract signed on 16 December 2017.

How big is unit 302?

1,824 sqft (169.5 sqm): a three-bedroom apartment on the 3rd floor of a 34-storey tower completed in 2006.

What is unit 302 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 302, La Riviera Tower

Starts from the last sale price (AED 693K, 5 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 692,800
Deposit, UAE resident (20%)
AED 138,560
Deposit, non-resident (40%)
AED 277,120
Monthly over 25 years at 3.7%
AED 2,834

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