505, La Riviera Tower
Sold prices and rental history: sold 4 times, last in November 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, La Riviera Tower
What is 505 worth today?
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Source: Dubai Land Department. Updated 12 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,185 sqft
- Floor
- 5th of 34
- Parking
- B1-40
- Developer
- B&M Riviera Properties Development
- Completed
- 2006
- Service charge
- AED 16,800 /yr
- Last sold
- AED 1.8M · November 2024
- Building
- La Riviera Tower
About 505, La Riviera Tower
505 is a two-bedroom apartment of 1,185 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 12 November 2024 for AED 1,800,000, or AED 1,518 per sqft, 11% above the AED 1,371 two-beds in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 July 2023, is AED 180,000 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 16,800 a year.
Sales and rents for 505 over time
505 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 505 sits
All 123 2-beds →505 last sold in November 2024 at AED 1,518 per sqft, 11% above what two-beds in La Riviera Tower were fetching at the time (AED 1,371). 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. 505's AED 180,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 1,185 sqft | 1,600,000 | 1,350 | ||
| 5 Jun 20265 June 2026 | 1,329 sqft | 2,000,000 | 1,504 | ||
| 14 May 202614 May 2026 | 1,185 sqft | 1,445,000 | 1,219 | ||
| 22 Apr 202622 April 2026 | 1,150 sqft | 1,600,000 | 1,391 |
La Riviera Tower
Building180 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%
Other units on the 5th floor
All 180 units in La Riviera Tower505, La Riviera Tower in numbers
- Sold 4 times: first on 16 December 2008 for AED 425,250, last on 12 November 2024 for AED 1,800,000 (AED 1,518 per sqft).
- Rented since May 2013 on 2 Ejari contracts, from AED 90,000 to AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2024 price is 10.0%, 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 12 November 2024.
Questions about 505, La Riviera Tower
What did unit 505 last sell for?
AED 1,800,000 on 12 November 2024: AED 1,518 per sqft for 1,185 sqft. The unit has 4 registered sales; the first was AED 425,250 in December 2008.
What is the rent for unit 505?
AED 180,000 a year on the contract signed on 1 July 2023. The previous contract, from May 2013, was AED 90,000.
How big is unit 505?
1,185 sqft (110.1 sqm): a two-bedroom apartment on the 5th floor of a 34-storey tower completed in 2006.
What is unit 505 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 505, La Riviera Tower
Starts from the last sale price (AED 1.8M, 12 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →