1-bed · 961 sqftLa Cote Building 1, La Mer · 5th floor · completed 2021

503, La Cote Building 1

Sold prices and rental history: sold twice, last in July 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 4 July 2021
Last soldAED 1.9M4 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, La Cote Building 1

What is 503 worth today?

Last sold for AED 1,900,000 in 2021

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4 Jul 2021SoldOff-plan
AED 1,900,000AED 1,976 per sqft
27 May 2019Sold by developerOff-plan
AED 1,737,000AED 1,807 per sqft

Source: Dubai Land Department. Updated 4 July 2021.

Key facts

Type
1-bed apartment
Size
961 sqft
Floor
5th of 6
Parking
A-004
Developer
PDLM Residential
Completed
2021
Last sold
AED 1.9M · July 2021

About 503, La Cote Building 1

503 is a one-bedroom apartment of 961 sqft on the 5th floor of La Cote Building 1, a 6-storey tower in La Mer completed in 2021 by PDLM Residential . It last sold on 4 July 2021 for AED 1,900,000, or AED 1,976 per sqft, 19% above the AED 1,665 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, 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 1,737,000 (AED 1,807 per sqft)Sold, July 2021: AED 1,900,000 (AED 1,976 per sqft)

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

Rents
Unit 503, 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 121,000

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 503 sits

All 42 1-beds →

503 last sold in July 2021 at AED 1,976 per sqft, 19% above what one-beds in La Cote Building 1 were fetching at the time (AED 1,665). 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.

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 5th floor

All 86 units in La Cote Building 1
Value
5012-bedAED 2.37M · Jun 2019
5021-bedAED 2.3M · Sep 2026
5042-bedAED 2.1M · Sep 2021
5051-bedAED 1.56M · Aug 2021
5061-bedAED 1.38M · Nov 2019
5071-bedAED 2.25M · Oct 2024
5081-bedAED 1.56M · May 2022
1–7 of 14

503, La Cote Building 1 in numbers

  • Sold twice: first on 27 May 2019 for AED 1,737,000, last on 4 July 2021 for AED 1,900,000 (AED 1,976 per sqft).
  • 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 July 2021.

Questions about 503, La Cote Building 1

What did unit 503 last sell for?

AED 1,900,000 on 4 July 2021: AED 1,976 per sqft for 961 sqft. The unit has 2 registered sales; the first was AED 1,737,000 in May 2019.

How big is unit 503?

961 sqft (89.3 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2021.

What is unit 503 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 503, La Cote Building 1

Starts from the last sale price (AED 1.9M, 4 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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