1-bed · 793 sqftLa Cote Building 1, La Mer · 4th floor · completed 2021

408, La Cote Building 1

Sold prices and rental history: sold twice, last in September 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 4 December 2025
Last soldAED 1.35M14 September 2021
Current rentAED 127K /yr4 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, La Cote Building 1

What is 408 worth today?

Last sold for AED 1,350,000 in 2021

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4 Dec 2025RentedRenewal
AED 127,479/yr12 months · AED 161 per sqft
4 Dec 2024RentedNew contract
AED 125,000/yr12 months · AED 158 per sqft
25 Nov 2023RentedNew contract
AED 125,000/yr12 months · AED 157 per sqft
21 Sep 2022RentedNew contract
AED 95,000/yr12 months · AED 119 per sqft
14 Sep 2021SoldOff-plan
AED 1,350,000AED 1,702 per sqft
26 Nov 2019Sold by developerOff-plan
AED 1,336,000AED 1,685 per sqft

Source: Dubai Land Department. Updated 4 December 2025.

Key facts

Type
1-bed apartment
Size
793 sqft
Floor
4th of 6
Parking
A-212
Developer
PDLM Residential
Completed
2021
Last sold
AED 1.35M · September 2021

About 408, La Cote Building 1

408 is a one-bedroom apartment of 793 sqft on the 4th floor of La Cote Building 1, a 6-storey tower in La Mer completed in 2021 by PDLM Residential . It last sold on 14 September 2021 for AED 1,350,000, or AED 1,702 per sqft, in line with the AED 1,702 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 4 December 2025, is AED 127,479 a year: a gross yield of 9.4% on the 2021 price.

Sales and rents for 408 over time

Sales
Unit 408, 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 1,336,000 (AED 1,685 per sqft)Sold, September 2021: AED 1,350,000 (AED 1,702 per sqft)

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

Rents
Unit 408, 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 121,000New contract, September 2022: AED 95,000 a yearNew contract, November 2023: AED 125,000 a yearNew contract, December 2024: AED 125,000 a yearRenewal, December 2025: AED 127,479 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 408 sits

All 42 1-beds →

408 last sold in September 2021 at AED 1,702 per sqft, in line with 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. 408's AED 127,479 is in the upper 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
4051-bedAED 1.34M · May 2019
4061-bedAED 1.32M · Nov 2019
4071-bedAED 1.32M · Nov 2019
1–7 of 14

408, La Cote Building 1 in numbers

  • Sold twice: first on 26 November 2019 for AED 1,336,000, last on 14 September 2021 for AED 1,350,000 (AED 1,702 per sqft).
  • Rented since September 2022 on 4 Ejari contracts, from AED 95,000 to AED 127,479 a year.
  • At AED 127,479 a year the gross yield on the 2021 price is 9.4%.
  • 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 4 December 2025.

Questions about 408, La Cote Building 1

What did unit 408 last sell for?

AED 1,350,000 on 14 September 2021: AED 1,702 per sqft for 793 sqft. The unit has 2 registered sales; the first was AED 1,336,000 in November 2019.

What is the rent for unit 408?

AED 127,479 a year on the contract renewed on 4 December 2025. The previous contract, from December 2024, was AED 125,000; the unit has been rented since September 2022.

How big is unit 408?

793 sqft (73.7 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2021.

What is unit 408 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 408, La Cote Building 1

Starts from the last sale price (AED 1.35M, 14 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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