2-bed · 1,185 sqftLa Riviera Tower, Dubai Marina · 4th floor · completed 2006

405, La Riviera Tower

Sold prices and rental history: sold once, by the developer in December 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 1 July 2020
Last soldAED 695K29 December 2012
Current rentAED 66K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, La Riviera Tower

What is 405 worth today?

Last sold for AED 695,000 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jul 2020RentedNew contract
AED 66,000/yr12 months · AED 56 per sqft
20 May 2019RentedRenewal
AED 90,000/yr12 months · AED 76 per sqft
20 May 2018RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
20 May 2016RentedNew contract
AED 110,000/yr12 months · AED 93 per sqft
4 Jan 2015RentedNew contract
AED 125,000/yr12 months · AED 106 per sqft
29 Dec 2012Sold by developerReady
AED 695,000AED 586 per sqft

Source: Dubai Land Department. Updated 1 July 2020.

Key facts

Type
2-bed apartment
Size
1,185 sqft
Floor
4th of 34
Parking
B2-78
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 16,800 /yr
Last sold
AED 695K · December 2012

About 405, La Riviera Tower

405 is a two-bedroom apartment of 1,185 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. The developer sold it on 29 December 2012 for AED 695,000, or AED 586 per sqft, 11% below the AED 661 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 July 2020, is AED 66,000 a year: a gross yield of 9.5% on the 2012 price, before the service charge of about AED 16,800 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, December 2012: AED 695,000 (AED 586 per sqft)

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

Rents
Unit 405, 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, January 2015: AED 125,000 a yearNew contract, May 2016: AED 110,000 a yearNew contract, May 2018: AED 100,000 a yearRenewal, May 2019: AED 90,000 a yearNew contract, July 2020: AED 66,000 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 405 sits

All 123 2-beds →

405 last sold in December 2012 at AED 586 per sqft, 11% below what two-beds in La Riviera Tower were fetching at the time (AED 661). 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. 405's AED 66,000 is at the bottom 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
4032-bedAED 1.03M · Jun 2021
4042-bedAED 1.34M · Dec 2023
4062-bedAED 775K · Jul 2009

405, La Riviera Tower in numbers

  • Sold once: by B&M Riviera Properties Development on 29 December 2012 for AED 695,000, or AED 586 per sqft.
  • Rented since January 2015 on 5 Ejari contracts, from AED 125,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2012 price is 9.5%, before a service charge of about AED 16,800 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 1 July 2020.

Questions about 405, La Riviera Tower

What did unit 405 last sell for?

AED 695,000 on 29 December 2012, sold by the developer: AED 586 per sqft for 1,185 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 66,000 a year on the contract signed on 1 July 2020. The previous contract, from May 2019, was AED 90,000; the unit has been rented since January 2015.

How big is unit 405?

1,185 sqft (110.1 sqm): a two-bedroom apartment on the 4th floor of a 34-storey tower completed in 2006.

What is unit 405 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.

Selling 405? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 405, La Riviera Tower

Starts from the last sale price (AED 695K, 29 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 695,000
Deposit, UAE resident (20%)
AED 139,000
Deposit, non-resident (40%)
AED 278,000
Monthly over 25 years at 3.7%
AED 2,843

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