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2-bed · 698 sqftCBD 34 Riviera Lake View, International City · 7th floor

721, CBD 34 Riviera Lake View

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 721 · DLD and Ejari recordsUpdated 24 July 2024
Last soldAED 450K24 July 2024
Current rentAED 34K /yr8 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 721, CBD 34 Riviera Lake View

What is 721 worth today?

Last sold for AED 450,000 in 2024

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24 Jul 2024SoldReady
AED 450,000AED 644 per sqft
27 Jun 2024SoldReady
AED 400,000AED 573 per sqft
8 Jun 2023RentedRenewal
AED 34,000/yr12 months · AED 49 per sqft
8 Jun 2022RentedNew contract
AED 32,000/yr12 months · AED 46 per sqft
25 May 2021RentedNew contract
AED 27,300/yr12 months · AED 39 per sqft
28 Apr 2020RentedNew contract
AED 30,000/yr12 months · AED 43 per sqft
1 Oct 2017RentedNew contract
AED 50,500/yr12 months · AED 72 per sqft
4 Jul 2017SoldReady
AED 545,000AED 780 per sqft

Source: Dubai Land Department. Updated 24 July 2024.

Key facts

Type
2-bed apartment
Size
698 sqft
Floor
7th of 10
Parking
UB-78 0
Service charge
AED 5,600 /yr
Last sold
AED 450K · July 2024
Building
CBD 34 Riviera Lake View

About 721, CBD 34 Riviera Lake View

721 is a two-bedroom apartment of 698 sqft on the 7th floor of CBD 34 Riviera Lake View, a 10-storey tower in International City. It last sold on 24 July 2024 for AED 450,000, or AED 644 per sqft, 7% above the AED 602 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 8 June 2023, is AED 34,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 5,600 a year.

Sales and rents for 721 over time

Sales
Unit 721, each saleTypical two-bed in CBD 34 Riviera Lake View
200K400K600K2008201320182023Typical sale price by year: 2008 AED 323,000; 2009 AED 322,000; 2010 AED 314,000; 2012 AED 359,000; 2013 AED 425,000; 2014 AED 322,000; 2015 AED 590,000; 2016 AED 562,500; 2017 AED 495,000; 2018 AED 245,000; 2019 AED 405,000; 2023 AED 391,000; 2024 AED 455,000; 2025 AED 470,000; 2026 AED 575,000Sold by developer, February 2017: AED 307,000 (AED 439 per sqft)Sold, July 2017: AED 545,000 (AED 780 per sqft)Sold, June 2024: AED 400,000 (AED 573 per sqft)Sold, July 2024: AED 450,000 (AED 644 per sqft)

721 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 721, each contractTypical two-bed in CBD 34 Riviera Lake View
40K2012201620202024Typical rent by year: 2012 AED 31,000; 2013 AED 35,500; 2014 AED 45,000; 2015 AED 50,200; 2016 AED 52,000; 2017 AED 48,000; 2018 AED 41,000; 2019 AED 38,000; 2020 AED 29,000; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 33,000; 2024 AED 37,200; 2025 AED 42,000; 2026 AED 43,000New contract, October 2016: AED 52,000 a yearNew contract, October 2017: AED 50,500 a yearNew contract, April 2020: AED 30,000 a yearNew contract, May 2021: AED 27,300 a yearNew contract, June 2022: AED 32,000 a yearRenewal, June 2023: AED 34,000 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 CBD 34 Riviera Lake View, and where 721 sits

All 62 2-beds →

721 last sold in July 2024 at AED 644 per sqft, 7% above what two-beds in CBD 34 Riviera Lake View were fetching at the time (AED 602). Over the last 12 months two-beds sold for AED 418,500 to 590,000, around AED 775 per sqft, and rent for AED 31,500 to 56,000 a year. 721's AED 34,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 2026580,000
16 Sep 2026590,000
18 May 2026570,000
2 Jan 2026418,500
4 2-bed sales in the last 12 months

CBD 34 Riviera Lake View

Building

205 apartments, studios to 2-bed over 10 floors in International City. 11 sold in the last 12 months.

Typical price per sqft
AED 798 Up 5.6%
Typical sale
AED 419K
Typical rent
AED 37K /yr
Typical yield
8.2%
CBD 34 Riviera Lake View, International City: prices, sales and rents →

Other units on the 7th floor

All 205 units in CBD 34 Riviera Lake View
Value
7012-bedAED 390K · Jul 2012
7021-bedAED 197K · Sep 2008
7032-bedAED 355K · Oct 2012
7041-bedAED 195K · Jul 2008
7051-bedAED 465K · May 2025
7062-bedAED 293K · Jul 2009
7071-bedAED 245K · Apr 2011
1–7 of 20

721, CBD 34 Riviera Lake View in numbers

  • Sold 4 times: first on 15 February 2017 for AED 307,000, last on 24 July 2024 for AED 450,000 (AED 644 per sqft).
  • Rented since October 2016 on 6 Ejari contracts. The rent fell from AED 52,000 to AED 27,300 in 2021 and recovered to AED 34,000 by June 2023.
  • At AED 34,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 5,600 a year (AED 8.09 per sqft).
  • Two-beds in CBD 34 Riviera Lake View sold for AED 418,500–590,000 in the 12 months to November 2026; the building's median across all types is AED 798 per sqft.

Source: Dubai Land Department. Updated 24 July 2024.

Questions about 721, CBD 34 Riviera Lake View

What did unit 721 last sell for?

AED 450,000 on 24 July 2024: AED 644 per sqft for 698 sqft. The unit has 4 registered sales; the first was AED 307,000 in February 2017.

What is the rent for unit 721?

AED 34,000 a year on the contract renewed on 8 June 2023. The previous contract, from June 2022, was AED 32,000; the unit has been rented since October 2016.

How big is unit 721?

698 sqft (64.8 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower.

What is unit 721 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in CBD 34 Riviera Lake View sold for AED 418,500 to 590,000 in the last 12 months, around AED 775 per sqft.

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Mortgage on 721, CBD 34 Riviera Lake View

Starts from the last sale price (AED 450K, 24 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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