1-bed · 823 sqftLa Cote Building 1, La Mer · 4th floor · completed 2021

405, La Cote Building 1

Sold prices and rental history: sold once, by the developer in May 2019, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1.34M7 May 2019
Current rentAED 110K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, La Cote Building 1

What is 405 worth today?

Last sold for AED 1,343,000 in 2019

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15 Aug 2024RentedRenewal
AED 110,000/yr12 months · AED 134 per sqft
7 May 2019Sold by developerOff-plan
AED 1,343,000AED 1,632 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
1-bed apartment
Size
823 sqft
Floor
4th of 6
Parking
A-209
Developer
PDLM Residential
Completed
2021
Last sold
AED 1.34M · May 2019

About 405, La Cote Building 1

405 is a one-bedroom apartment of 823 sqft on the 4th floor of La Cote Building 1, a 6-storey tower in La Mer completed in 2021 by PDLM Residential . The developer sold it on 7 May 2019 for AED 1,343,000, or AED 1,632 per sqft, 4% below the AED 1,702 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2024. The current contract, renewed on 15 August 2024, is AED 110,000 a year: a gross yield of 8.2% on the 2019 price.

Sales and rents for 405 over time

Sales
Unit 405, 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, May 2019: AED 1,343,000 (AED 1,632 per sqft)

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

Rents
Unit 405, each contractTypical one-bed in La Cote Building 1
100K120K202220242026Typical rent by year: 2022 AED 95,000; 2023 AED 110,000; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 121,000Renewal, August 2024: AED 110,000 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 405 sits

All 42 1-beds →

405 last sold in May 2019 at AED 1,632 per sqft, 4% below what one-beds in La Cote Building 1 were fetching at the time (AED 1,702). 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. 405's AED 110,000 is in the lower half 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 4th floor

All 86 units in La Cote Building 1
Value
4012-bedAED 2.34M · May 2019
4021-bedAED 1.49M · May 2019
4031-bedAED 2.68M · May 2025
4042-bedAED 2.5M · Dec 2021
4061-bedAED 1.32M · Nov 2019
4071-bedAED 1.32M · Nov 2019
4081-bedAED 1.35M · Sep 2021
1–7 of 14

405, La Cote Building 1 in numbers

  • Sold once: by PDLM Residential on 7 May 2019 for AED 1,343,000, or AED 1,632 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2019 price is 8.2%.
  • 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 August 2024.

Questions about 405, La Cote Building 1

What did unit 405 last sell for?

AED 1,343,000 on 7 May 2019, sold by the developer: AED 1,632 per sqft for 823 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 110,000 a year on the contract renewed on 15 August 2024.

How big is unit 405?

823 sqft (76.5 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2021.

What is unit 405 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 405, La Cote Building 1

Starts from the last sale price (AED 1.34M, 7 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,343,000
Deposit, UAE resident (20%)
AED 268,600
Deposit, non-resident (40%)
AED 537,200
Monthly over 25 years at 3.7%
AED 5,495

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