1-bed · 793 sqftLa Cote Building 1, La Mer · 5th floor · completed 2021

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.

Unit 508 · DLD and Ejari recordsUpdated 27 September 2024
Last soldAED 1.56M9 May 2022
Current rentAED 126K /yr27 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, La Cote Building 1

What is 508 worth today?

Last sold for AED 1,560,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Sep 2024RentedRenewal
AED 126,150/yr12 months · AED 158 per sqft
27 Sep 2023RentedRenewal
AED 120,750/yr12 months · AED 152 per sqft
27 Sep 2022RentedNew contract
AED 115,000/yr12 months · AED 144 per sqft
9 May 2022SoldReady
AED 1,560,000AED 1,967 per sqft
24 Nov 2019Sold by developerOff-plan
AED 1,411,000AED 1,779 per sqft

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

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

Sales
Unit 508, 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 1,411,000 (AED 1,779 per sqft)Sold, May 2022: AED 1,560,000 (AED 1,967 per sqft)

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

Rents
Unit 508, 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 115,000 a yearRenewal, September 2023: AED 120,750 a yearRenewal, September 2024: AED 126,150 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 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 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
5031-bedAED 1.9M · Jul 2021
5042-bedAED 2.1M · Sep 2021
5051-bedAED 1.56M · Aug 2021
5061-bedAED 1.38M · Nov 2019
5071-bedAED 2.25M · Oct 2024
1–7 of 14

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.

Selling 508? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

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 →