
508, La Cote Building 1
Sold prices and rental history: sold twice, last in May 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, La Cote Building 1
What is 508 worth today?
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Source: Dubai Land Department. Updated 27 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 793 sqft
- Floor
- 5th of 6
- Parking
- A-183
- Developer
- PDLM Residential
- Completed
- 2021
- Last sold
- AED 1.56M · May 2022
- Building
- La Cote Building 1
About 508, La Cote Building 1
508 is a one-bedroom apartment of 793 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 9 May 2022 for AED 1,560,000, or AED 1,967 per sqft, in line with the AED 1,970 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 27 September 2024, is AED 126,150 a year: a gross yield of 8.1% on the 2022 price.
Sales and rents for 508 over time
508 has sold twice; the dashed line is the one-bed median of each year in the building.
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 508 sits
All 42 1-beds →508 last sold in May 2022 at AED 1,967 per sqft, in line with what one-beds in La Cote Building 1 were fetching at the time (AED 1,970). 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. 508's AED 126,150 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Sep 202616 September 2026 | 797 sqft | 2,300,000 | 2,884 | ||
| 12 Jun 202612 June 2026 | 822 sqft | 2,275,000 | 2,766 | ||
| 16 Mar 202616 March 2026 | 823 sqft | 2,100,000 | 2,551 | ||
| 23 Oct 202523 October 2025 | 792 sqft | 2,000,000 | 2,526 |
La Cote Building 1
Building86 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%
Other units on the 5th floor
All 86 units in La Cote Building 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,328 sqft | AED 2.37MAED 2,369,000 · Jun 2019June 2019 | 205,000 /yr | |
| 502 | 1-bed | 797 sqft | AED 2.3MAED 2,300,000 · Sep 2026September 2026 | 110,000 /yr | |
| 503 | 1-bed | 961 sqft | AED 1.9MAED 1,900,000 · Jul 2021July 2021 | ||
| 504 | 2-bed | 1,207 sqft | AED 2.1MAED 2,100,000 · Sep 2021September 2021 | 173,500 /yr | |
| 505 | 1-bed | 823 sqft | AED 1.56MAED 1,560,000 · Aug 2021August 2021 | 125,000 /yr | |
| 506 | 1-bed | 789 sqft | AED 1.38MAED 1,376,000 · Nov 2019November 2019 | 130,000 /yr | |
| 507 | 1-bed | 792 sqft | AED 2.25MAED 2,250,000 · Oct 2024October 2024 | 140,000 /yr | |
| 509 | 1-bed | 822 sqft | AED 2.08MAED 2,075,000 · Jun 2023June 2023 | 180,000 /yr | |
| 510 | 2-bed | 1,206 sqft | AED 2.32MAED 2,323,000 · Aug 2019August 2019 | 130,000 /yr | |
| 511 | 3-bed | 1,985 sqft | AED 4.13MAED 4,130,000 · Feb 2020February 2020 | 315,000 /yr | |
| 512 | 2-bed | 1,366 sqft | AED 4.61MAED 4,610,000 · Jan 2026January 2026 | ||
| 513 | 2-bed | 1,328 sqft | AED 3.3MAED 3,300,000 · Aug 2022August 2022 | 170,000 /yr | |
| 514 | 1-bed | 822 sqft | AED 2.28MAED 2,275,000 · Jun 2026June 2026 | 130,000 /yr | |
| 515 | 2-bed | 1,206 sqft | AED 2.18MAED 2,175,000 · Mar 2021March 2021 |
508, La Cote Building 1 in numbers
- Sold twice: first on 24 November 2019 for AED 1,411,000, last on 9 May 2022 for AED 1,560,000 (AED 1,967 per sqft).
- Rented since September 2022 on 3 Ejari contracts, from AED 115,000 to AED 126,150 a year.
- At AED 126,150 a year the gross yield on the 2022 price is 8.1%.
- 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 27 September 2024.
Questions about 508, La Cote Building 1
What did unit 508 last sell for?
AED 1,560,000 on 9 May 2022: AED 1,967 per sqft for 793 sqft. The unit has 2 registered sales; the first was AED 1,411,000 in November 2019.
What is the rent for unit 508?
AED 126,150 a year on the contract renewed on 27 September 2024. The previous contract, from September 2023, was AED 120,750; the unit has been rented since September 2022.
How big is unit 508?
793 sqft (73.7 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2021.
What is unit 508 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 508, La Cote Building 1
Starts from the last sale price (AED 1.56M, 9 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,560,000
- Deposit, UAE resident (20%)
- AED 312,000
- Deposit, non-resident (40%)
- AED 624,000
- Monthly over 25 years at 3.7%
- AED 6,382
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →