2-bed · 1,206 sqftLa Cote Building 1, La Mer · 2nd floor · completed 2021

215, La Cote Building 1

Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 2.01M27 November 2019
Current rentAED 160K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, La Cote Building 1

What is 215 worth today?

Last sold for AED 2,012,000 in 2019

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1 Sep 2024RentedNew contract
AED 160,000/yr12 months · AED 133 per sqft
13 May 2023RentedRenewal
AED 120,000/yr12 months · AED 100 per sqft
13 May 2022RentedNew contract
AED 120,000/yr12 months · AED 100 per sqft
27 Nov 2019Sold by developerOff-plan
AED 2,012,000AED 1,668 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,206 sqft
Floor
2nd of 6
Parking
A-039
Developer
PDLM Residential
Completed
2021
Last sold
AED 2.01M · November 2019

About 215, La Cote Building 1

215 is a two-bedroom apartment of 1,206 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 27 November 2019 for AED 2,012,000, or AED 1,668 per sqft, 5% below the AED 1,750 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 September 2024, is AED 160,000 a year: a gross yield of 8.0% on the 2019 price.

Sales and rents for 215 over time

Sales
Unit 215, each saleTypical two-bed in La Cote Building 1
2M3M2019202120232025Typical sale price by year: 2019 AED 2,330,000; 2020 AED 2,104,500; 2021 AED 2,175,000; 2022 AED 3,050,000; 2023 AED 3,226,500; 2025 AED 3,600,000Sold by developer, November 2019: AED 2,012,000 (AED 1,668 per sqft)

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

Rents
Unit 215, each contractTypical two-bed in La Cote Building 1
150K200K202220242026Typical rent by year: 2022 AED 170,000; 2023 AED 170,000; 2024 AED 200,000; 2025 AED 205,000; 2026 AED 202,500New contract, May 2022: AED 120,000 a yearRenewal, May 2023: AED 120,000 a yearNew contract, September 2024: AED 160,000 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 Cote Building 1, and where 215 sits

All 38 2-beds →

215 last sold in November 2019 at AED 1,668 per sqft, 5% below what two-beds in La Cote Building 1 were fetching at the time (AED 1,750). Over the last 12 months two-beds sold for AED 3,490,000 to 4,610,000, around AED 3,040 per sqft, and rent for AED 160,000 to 235,000 a year. 215's AED 160,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20263,490,000
9 Jan 20264,610,000
7 Nov 20253,600,000
18 Sep 20255,000,000
2 2-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
2031-bedAED 1.66M · Nov 2019
2042-bedAED 1.8M · Nov 2019
2051-bedAED 2.1M · Mar 2026
2061-bedAED 1.27M · Oct 2019
2071-bedAED 1.56M · Jan 2022
1–7 of 14

215, La Cote Building 1 in numbers

  • Sold once: by PDLM Residential on 27 November 2019 for AED 2,012,000, or AED 1,668 per sqft.
  • Rented since May 2022 on 3 Ejari contracts, from AED 120,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2019 price is 8.0%.
  • Two-beds in La Cote Building 1 sold for AED 3,490,000–4,610,000 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 1 September 2024.

Questions about 215, La Cote Building 1

What did unit 215 last sell for?

AED 2,012,000 on 27 November 2019, sold by the developer: AED 1,668 per sqft for 1,206 sqft. It is the only registered sale of the unit.

What is the rent for unit 215?

AED 160,000 a year on the contract signed on 1 September 2024. The previous contract, from May 2023, was AED 120,000; the unit has been rented since May 2022.

How big is unit 215?

1,206 sqft (112.0 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2021.

What is unit 215 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in La Cote Building 1 sold for AED 3,490,000 to 4,610,000 in the last 12 months, around AED 3,040 per sqft.

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Mortgage on 215, La Cote Building 1

Starts from the last sale price (AED 2.01M, 27 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,012,000
Deposit, UAE resident (20%)
AED 402,400
Deposit, non-resident (40%)
AED 804,800
Monthly over 25 years at 3.7%
AED 8,232

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