2-bed · 1,206 sqftLa Cote Building 1, La Mer · 5th floor · completed 2021

510, La Cote Building 1

Sold prices and rental history: sold once, by the developer in August 2019, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 7 June 2022
Last soldAED 2.32M29 August 2019
Current rentAED 130K /yr7 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, La Cote Building 1

What is 510 worth today?

Last sold for AED 2,323,000 in 2019

Unlock today's estimate, updated daily, with

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

7 Jun 2022RentedNew contract
AED 130,000/yr12 months · AED 108 per sqft
29 Aug 2019Sold by developerOff-plan
AED 2,323,000AED 1,925 per sqft

Source: Dubai Land Department. Updated 7 June 2022.

Key facts

Type
2-bed apartment
Size
1,206 sqft
Floor
5th of 6
Parking
A-060
Developer
PDLM Residential
Completed
2021
Last sold
AED 2.32M · August 2019

About 510, La Cote Building 1

510 is a two-bedroom apartment of 1,206 sqft on the 5th floor of La Cote Building 1, a 6-storey tower in La Mer completed in 2021 by PDLM Residential . The developer sold it on 29 August 2019 for AED 2,323,000, or AED 1,925 per sqft, 7% above the AED 1,799 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 June 2022. The current contract, signed on 7 June 2022, is AED 130,000 a year: a gross yield of 5.6% on the 2019 price.

Sales and rents for 510 over time

Sales
Unit 510, each saleTypical two-bed in La Cote Building 1
2M3M2019202120232025Typical sale price by year: 2019 AED 2,330,000; 2020 AED 2,104,500; 2021 AED 2,175,000; 2022 AED 3,050,000; 2023 AED 3,226,500; 2025 AED 3,600,000Sold by developer, August 2019: AED 2,323,000 (AED 1,925 per sqft)

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

Rents
Unit 510, each contractTypical two-bed in La Cote Building 1
150K200K202220242026Typical rent by year: 2022 AED 170,000; 2023 AED 170,000; 2024 AED 200,000; 2025 AED 205,000; 2026 AED 202,500New contract, June 2022: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in La Cote Building 1, and where 510 sits

All 38 2-beds →

510 last sold in August 2019 at AED 1,925 per sqft, 7% above what two-beds in La Cote Building 1 were fetching at the time (AED 1,799). Over the last 12 months two-beds sold for AED 3,490,000 to 4,610,000, around AED 3,040 per sqft, and rent for AED 160,000 to 235,000 a year. 510's AED 130,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20263,490,000
9 Jan 20264,610,000
7 Nov 20253,600,000
18 Sep 20255,000,000
2 2-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

510, La Cote Building 1 in numbers

  • Sold once: by PDLM Residential on 29 August 2019 for AED 2,323,000, or AED 1,925 per sqft.
  • Rented since June 2022 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2019 price is 5.6%.
  • Two-beds in La Cote Building 1 sold for AED 3,490,000–4,610,000 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 7 June 2022.

Questions about 510, La Cote Building 1

What did unit 510 last sell for?

AED 2,323,000 on 29 August 2019, sold by the developer: AED 1,925 per sqft for 1,206 sqft. It is the only registered sale of the unit.

What is the rent for unit 510?

AED 130,000 a year on the contract signed on 7 June 2022.

How big is unit 510?

1,206 sqft (112.0 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2021.

What is unit 510 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in La Cote Building 1 sold for AED 3,490,000 to 4,610,000 in the last 12 months, around AED 3,040 per sqft.

Selling 510? 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 510, La Cote Building 1

Starts from the last sale price (AED 2.32M, 29 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,323,000
Deposit, UAE resident (20%)
AED 464,600
Deposit, non-resident (40%)
AED 929,200
Monthly over 25 years at 3.7%
AED 9,504

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