2-bed · 982 sqftLa Riviera Tower, Dubai Marina · 4th floor · completed 2006

403, La Riviera Tower

Sold prices and rental history: sold 5 times, last in June 2021, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 4 October 2024
Last soldAED 1.03M30 June 2021
Current rentAED 110K /yr4 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, La Riviera Tower

What is 403 worth today?

Last sold for AED 1,025,000 in 2021

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4 Oct 2024RentedNew contract
AED 110,000/yr12 months · AED 112 per sqft
4 Oct 2024RentedNew contract
AED 110,000/yr12 months · AED 112 per sqft
30 Jun 2021SoldReady
AED 1,025,000AED 1,043 per sqft
26 Nov 2020SoldReady
AED 700,000AED 712 per sqft
21 Apr 2015SoldReady
AED 925,000AED 941 per sqft
15 Nov 2013RentedNew contract
AED 89,000/yr12 months · AED 91 per sqft
26 Sep 2010SoldReady
AED 700,000AED 712 per sqft
24 Mar 2009Sold by developerReady
AED 585,000AED 595 per sqft

Source: Dubai Land Department. Updated 4 October 2024.

Key facts

Type
2-bed apartment
Size
982 sqft
Floor
4th of 34
Parking
B2-39
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 13,900 /yr
Last sold
AED 1.03M · June 2021

About 403, La Riviera Tower

403 is a two-bedroom apartment of 982 sqft on the 4th 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 30 June 2021 for AED 1,025,000, or AED 1,043 per sqft, 30% above the AED 804 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 4 October 2024, is AED 110,000 a year: a gross yield of 10.7% on the 2021 price, before the service charge of about AED 13,900 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in La Riviera Tower
1M2008201320182023Typical 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 2009: AED 585,000 (AED 595 per sqft)Sold, September 2010: AED 700,000 (AED 712 per sqft)Sold, April 2015: AED 925,000 (AED 941 per sqft)Sold, November 2020: AED 700,000 (AED 712 per sqft)Sold, June 2021: AED 1,025,000 (AED 1,043 per sqft)

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

Rents
Unit 403, 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, November 2013: AED 89,000 a yearNew contract, October 2024: AED 110,000 a yearNew contract, October 2024: AED 110,000 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 403 sits

All 123 2-beds →

403 last sold in June 2021 at AED 1,043 per sqft, 30% 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. 403's AED 110,000 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 4th floor

All 180 units in La Riviera Tower
Value
4013-bedAED 1.92M · Mar 2024
4023-bedAED 1.37M · Mar 2010
4042-bedAED 1.34M · Dec 2023
4052-bedAED 695K · Dec 2012
4062-bedAED 775K · Jul 2009

403, La Riviera Tower in numbers

  • Sold 5 times: first on 24 March 2009 for AED 585,000, last on 30 June 2021 for AED 1,025,000 (AED 1,043 per sqft).
  • Rented since November 2013 on 3 Ejari contracts, from AED 89,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2021 price is 10.7%, 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 4 October 2024.

Questions about 403, La Riviera Tower

What did unit 403 last sell for?

AED 1,025,000 on 30 June 2021: AED 1,043 per sqft for 982 sqft. The unit has 5 registered sales; the first was AED 585,000 in March 2009.

What is the rent for unit 403?

AED 110,000 a year on the contract signed on 4 October 2024. The previous contract, from October 2024, was AED 110,000; the unit has been rented since November 2013.

How big is unit 403?

982 sqft (91.2 sqm): a two-bedroom apartment on the 4th floor of a 34-storey tower completed in 2006.

What is unit 403 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 403, La Riviera Tower

Starts from the last sale price (AED 1.03M, 30 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

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