506, La Riviera Tower
Sold prices and rental history: sold once, by the developer in January 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, La Riviera Tower
What is 506 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 5th of 34
- Parking
- B2-14
- Developer
- B&M Riviera Properties Development
- Completed
- 2006
- Service charge
- AED 18,800 /yr
- Last sold
- AED 945K · January 2009
- Building
- La Riviera Tower
About 506, La Riviera Tower
506 is a two-bedroom apartment of 1,329 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. The developer sold it on 11 January 2009 for AED 945,000, or AED 711 per sqft, 4% above the AED 685 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 110,000 a year: a gross yield of 11.6% on the 2009 price, before the service charge of about AED 18,800 a year.
Sales and rents for 506 over time
506 has sold once; 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 506 sits
All 123 2-beds →506 last sold in January 2009 at AED 711 per sqft, 4% above what two-beds in La Riviera Tower were fetching at the time (AED 685). 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. 506's AED 110,000 is in the lower 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 Tower506, La Riviera Tower in numbers
- Sold once: by B&M Riviera Properties Development on 11 January 2009 for AED 945,000, or AED 711 per sqft.
- Rented since October 2013 on 13 Ejari contracts. The rent fell from AED 105,000 to AED 82,000 in 2021 and recovered to AED 110,000 by October 2024.
- At AED 110,000 a year the gross yield on the 2009 price is 11.6%, before a service charge of about AED 18,800 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 October 2024.
Questions about 506, La Riviera Tower
What did unit 506 last sell for?
AED 945,000 on 11 January 2009, sold by the developer: AED 711 per sqft for 1,329 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 110,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2024, was AED 110,000; the unit has been rented since October 2013.
How big is unit 506?
1,329 sqft (123.5 sqm): a two-bedroom apartment on the 5th floor of a 34-storey tower completed in 2006.
What is unit 506 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 506, La Riviera Tower
Starts from the last sale price (AED 945K, 11 January 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 945,000
- Deposit, UAE resident (20%)
- AED 189,000
- Deposit, non-resident (40%)
- AED 378,000
- Monthly over 25 years at 3.7%
- AED 3,866
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →