2-bed · 1,372 sqftLa Riviera Apartments, Jumeirah Village Circle (JVC) · 7th floor · completed 2019

702, La Riviera Apartments

Sold prices and rental history: sold once, by the developer in April 2021, and rented once, from February 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 4 April 2021
Last soldAED 1.09M4 April 2021
Current rentAED 74K /yr2 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, La Riviera Apartments

What is 702 worth today?

Last sold for AED 1,092,000 in 2021

Unlock today's estimate, updated daily, with

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

4 Apr 2021Sold by developerReady
AED 1,092,000AED 796 per sqft
2 Feb 2020RentedNew contract
AED 74,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 4 April 2021.

Key facts

Type
2-bed apartment
Size
1,372 sqft
Floor
7th of 17
Parking
P2-10
Developer
Riviera Properties Development
Completed
2019
Service charge
AED 21,300 /yr
Last sold
AED 1.09M · April 2021

About 702, La Riviera Apartments

702 is a two-bedroom apartment of 1,372 sqft on the 7th floor of La Riviera Apartments, a 17-storey tower in Jumeirah Village Circle (JVC) completed in 2019 by Riviera Properties Development. The developer sold it on 4 April 2021 for AED 1,092,000, or AED 796 per sqft, in line with the AED 796 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 February 2020. The current contract, signed on 2 February 2020, is AED 74,000 a year: a gross yield of 6.8% on the 2021 price, before the service charge of about AED 21,300 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical two-bed in La Riviera Apartments
1.1M1.2M2017201920212023Typical sale price by year: 2017 AED 1,108,450; 2019 AED 1,153,583; 2020 AED 1,050,000; 2021 AED 1,092,000; 2022 AED 1,190,000; 2023 AED 1,215,000Sold by developer, April 2021: AED 1,092,000 (AED 796 per sqft)

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

Rents
Unit 702, each contractTypical two-bed in La Riviera Apartments
80K100K20192021202320252027Typical rent by year: 2019 AED 76,500; 2020 AED 72,000; 2021 AED 66,500; 2022 AED 71,000; 2023 AED 73,525; 2024 AED 86,000; 2025 AED 100,000; 2026 AED 90,000New contract, February 2020: AED 74,000 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 Apartments, and where 702 sits

All 30 2-beds →

702 last sold in April 2021 at AED 796 per sqft, in line with what two-beds in La Riviera Apartments were fetching at the time (AED 796). Over the last 12 months two-beds sold for AED 1,378,000 to 1,480,000, around AED 1,095 per sqft, and rent for AED 83,000 to 100,000 a year. 702's AED 74,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Aug 20261,378,000
27 Feb 20261,430,000
21 Nov 20251,480,000
27 May 20241,430,000
3 2-bed sales in the last 12 months

La Riviera Apartments

Building

144 apartments, 1-bed to 4-bed over 17 floors in Jumeirah Village Circle (JVC), completed in 2019 by Riviera Properties Development. 13 sold in the last 12 months.

Typical price per sqft
AED 1,068 Down 4.1%
Typical sale
AED 860K
Typical rent
AED 66K /yr
Typical yield
8.1%
La Riviera Apartments, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 7th floor

All 144 units in La Riviera Apartments
Value
7011-bedAED 600K · Sep 2022
7031-bedAED 582K · Dec 2021
7041-bedAED 610K · Dec 2021
7051-bedAED 544K · Jan 2023
7061-bedAED 612K · Dec 2021
7071-bedAED 830K · Oct 2026
7082-bedAED 1.19M · Jun 2022
1–7 of 8

702, La Riviera Apartments in numbers

  • Sold once: by Riviera Properties Development on 4 April 2021 for AED 1,092,000, or AED 796 per sqft.
  • Rented since February 2020 on one Ejari contract, at AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2021 price is 6.8%, before a service charge of about AED 21,300 a year (AED 15.52 per sqft).
  • Two-beds in La Riviera Apartments sold for AED 1,378,000–1,480,000 in the 12 months to November 2026; the building's median across all types is AED 1,068 per sqft.

Source: Dubai Land Department. Updated 4 April 2021.

Questions about 702, La Riviera Apartments

What did unit 702 last sell for?

AED 1,092,000 on 4 April 2021, sold by the developer: AED 796 per sqft for 1,372 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 74,000 a year on the contract signed on 2 February 2020.

How big is unit 702?

1,372 sqft (127.5 sqm): a two-bedroom apartment on the 7th floor of a 17-storey tower completed in 2019.

What is unit 702 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 Apartments sold for AED 1,378,000 to 1,480,000 in the last 12 months, around AED 1,095 per sqft.

Selling 702? 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 702, La Riviera Apartments

Starts from the last sale price (AED 1.09M, 4 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,092,000
Deposit, UAE resident (20%)
AED 218,400
Deposit, non-resident (40%)
AED 436,800
Monthly over 25 years at 3.7%
AED 4,468

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