1-bed · 961 sqftLa Cote Building 1, La Mer · 2nd floor · completed 2021

203, La Cote Building 1

Sold prices and rental history: sold once, by the developer in November 2019, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 15 February 2023
Last soldAED 1.66M26 November 2019
Current rentAED 150K /yr15 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, La Cote Building 1

What is 203 worth today?

Last sold for AED 1,662,000 in 2019

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15 Feb 2023RentedNew contract
AED 150,000/yr12 months · AED 156 per sqft
26 Nov 2019Sold by developerOff-plan
AED 1,662,000AED 1,729 per sqft

Source: Dubai Land Department. Updated 15 February 2023.

Key facts

Type
1-bed apartment
Size
961 sqft
Floor
2nd of 6
Parking
A-021
Developer
PDLM Residential
Completed
2021
Last sold
AED 1.66M · November 2019

About 203, La Cote Building 1

203 is a one-bedroom apartment of 961 sqft on the 2nd floor of La Cote Building 1, a 6-storey tower in La Mer completed in 2021 by PDLM Residential . The developer sold it on 26 November 2019 for AED 1,662,000, or AED 1,729 per sqft, in line with the AED 1,685 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 February 2023. The current contract, signed on 15 February 2023, is AED 150,000 a year: a gross yield of 9.0% on the 2019 price.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in La Cote Building 1
1.5M2M20192021202320252027Typical sale price by year: 2019 AED 1,394,000; 2021 AED 1,435,000; 2022 AED 1,650,000; 2023 AED 2,230,000; 2025 AED 2,000,000; 2026 AED 2,275,000Sold by developer, November 2019: AED 1,662,000 (AED 1,729 per sqft)

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

Rents
Unit 203, each contractTypical one-bed in La Cote Building 1
100K125K150K202220242026Typical rent by year: 2022 AED 95,000; 2023 AED 110,000; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 121,000New contract, February 2023: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in La Cote Building 1, and where 203 sits

All 42 1-beds →

203 last sold in November 2019 at AED 1,729 per sqft, in line with what one-beds in La Cote Building 1 were fetching at the time (AED 1,685). Over the last 12 months one-beds sold for AED 2,100,000 to 2,300,000, around AED 2,766 per sqft, and rent for AED 95,000 to 140,000 a year. 203's AED 150,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Sep 20262,300,000
12 Jun 20262,275,000
16 Mar 20262,100,000
23 Oct 20252,000,000
3 1-bed sales in the last 12 months

La Cote Building 1

Building

86 apartments, 1-bed to 4-bed over 6 floors in La Mer, completed in 2021 by PDLM Residential . 5 sold in the last 12 months.

Typical price per sqft
AED 2,766
Typical sale
AED 2.3M
Typical rent
AED 140K /yr
Typical yield
5.5%
La Cote Building 1, La Mer: prices, sales and rents →

Other units on the 2nd floor

All 86 units in La Cote Building 1
Value
2012-bedAED 2.24M · Nov 2019
2021-bedAED 1.5M · Feb 2022
2042-bedAED 1.8M · Nov 2019
2051-bedAED 2.1M · Mar 2026
2061-bedAED 1.27M · Oct 2019
2071-bedAED 1.56M · Jan 2022
2081-bedAED 1.6M · Apr 2022
1–7 of 14

203, La Cote Building 1 in numbers

  • Sold once: by PDLM Residential on 26 November 2019 for AED 1,662,000, or AED 1,729 per sqft.
  • Rented since February 2023 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2019 price is 9.0%.
  • One-beds in La Cote Building 1 sold for AED 2,100,000–2,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,766 per sqft.

Source: Dubai Land Department. Updated 15 February 2023.

Questions about 203, La Cote Building 1

What did unit 203 last sell for?

AED 1,662,000 on 26 November 2019, sold by the developer: AED 1,729 per sqft for 961 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 150,000 a year on the contract signed on 15 February 2023.

How big is unit 203?

961 sqft (89.3 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2021.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in La Cote Building 1 sold for AED 2,100,000 to 2,300,000 in the last 12 months, around AED 2,766 per sqft.

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Mortgage on 203, La Cote Building 1

Starts from the last sale price (AED 1.66M, 26 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,662,000
Deposit, UAE resident (20%)
AED 332,400
Deposit, non-resident (40%)
AED 664,800
Monthly over 25 years at 3.7%
AED 6,800

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