3-bed · 1,824 sqftLa Riviera Tower, Dubai Marina · 5th floor · completed 2006

502, La Riviera Tower

Sold prices and rental history: sold twice, last in January 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 1.9M23 January 2014
Current rentAED 185K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, La Riviera Tower

What is 502 worth today?

Last sold for AED 1,900,000 in 2014

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20 Nov 2024RentedNew contract
AED 185,000/yr12 months · AED 102 per sqft
20 Nov 2024RentedNew contract
AED 185,000/yr12 months · AED 102 per sqft
4 Dec 2022RentedNew contract
AED 150,000/yr12 months · AED 82 per sqft
4 Dec 2021RentedRenewal
AED 121,800/yr12 months · AED 67 per sqft
4 Dec 2020RentedNew contract
AED 116,000/yr12 months · AED 64 per sqft
15 Nov 2019RentedNew contract
AED 115,000/yr12 months · AED 63 per sqft
20 Jul 2018RentedNew contract
AED 150,000/yr12 months · AED 82 per sqft
23 Jan 2014SoldReady
AED 1,900,000AED 1,041 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
3-bed apartment
Size
1,824 sqft
Floor
5th of 34
Parking
B3-68
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 25,800 /yr
Last sold
AED 1.9M · January 2014

About 502, La Riviera Tower

502 is a three-bedroom apartment of 1,824 sqft on the 5th 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 23 January 2014 for AED 1,900,000, or AED 1,041 per sqft, 20% above the AED 869 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 20 November 2024, is AED 185,000 a year: a gross yield of 9.7% on the 2014 price, before the service charge of about AED 25,800 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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, January 2009: AED 1,385,600 (AED 759 per sqft)Sold, January 2014: AED 1,900,000 (AED 1,041 per sqft)

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

Rents
Unit 502, each contractTypical three-bed in La Riviera Tower
100K150K200K2012201620202024Typical 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, March 2013: AED 140,000 a yearNew contract, July 2018: AED 150,000 a yearNew contract, November 2019: AED 115,000 a yearNew contract, December 2020: AED 116,000 a yearRenewal, December 2021: AED 121,800 a yearNew contract, December 2022: AED 150,000 a yearNew contract, November 2024: AED 185,000 a yearNew contract, November 2024: AED 185,000 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 502 sits

All 46 3-beds →

502 last sold in January 2014 at AED 1,041 per sqft, 20% above what three-beds in La Riviera Tower were fetching at the time (AED 869). 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. 502's AED 185,000 is in the upper 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 5th floor

All 180 units in La Riviera Tower
Value
5013-bedAED 1.9M · Apr 2013
5032-bedAED 664K · Jul 2011
5052-bedAED 1.8M · Nov 2024
5062-bedAED 945K · Jan 2009

502, La Riviera Tower in numbers

  • Sold twice: first on 25 January 2009 for AED 1,385,600, last on 23 January 2014 for AED 1,900,000 (AED 1,041 per sqft).
  • Rented since March 2013 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 115,000 in 2019 and recovered to AED 185,000 by November 2024.
  • At AED 185,000 a year the gross yield on the 2014 price is 9.7%, 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 20 November 2024.

Questions about 502, La Riviera Tower

What did unit 502 last sell for?

AED 1,900,000 on 23 January 2014: AED 1,041 per sqft for 1,824 sqft. The unit has 2 registered sales; the first was AED 1,385,600 in January 2009.

What is the rent for unit 502?

AED 185,000 a year on the contract signed on 20 November 2024. The previous contract, from November 2024, was AED 185,000; the unit has been rented since March 2013.

How big is unit 502?

1,824 sqft (169.5 sqm): a three-bedroom apartment on the 5th floor of a 34-storey tower completed in 2006.

What is unit 502 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 502, La Riviera Tower

Starts from the last sale price (AED 1.9M, 23 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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