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

515, La Cote Building 1

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

Unit 515 · DLD and Ejari recordsUpdated 15 March 2021
Last soldAED 2.18M15 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, La Cote Building 1

What is 515 worth today?

Last sold for AED 2,175,000 in 2021

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15 Mar 2021SoldOff-plan
AED 2,175,000AED 1,803 per sqft
21 Oct 2019Sold by developerOff-plan
AED 2,131,000AED 1,766 per sqft

Source: Dubai Land Department. Updated 15 March 2021.

Key facts

Type
2-bed apartment
Size
1,206 sqft
Floor
5th of 6
Parking
A-056
Developer
PDLM Residential
Completed
2021
Last sold
AED 2.18M · March 2021

About 515, La Cote Building 1

515 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 . It last sold on 15 March 2021 for AED 2,175,000, or AED 1,803 per sqft, 8% above the AED 1,663 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 515 over time

Sales
Unit 515, 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, October 2019: AED 2,131,000 (AED 1,766 per sqft)Sold, March 2021: AED 2,175,000 (AED 1,803 per sqft)

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

Rents
Unit 515, each contractTypical two-bed in La Cote Building 1
180K200K202220242026Typical rent by year: 2022 AED 170,000; 2023 AED 170,000; 2024 AED 200,000; 2025 AED 205,000; 2026 AED 202,500

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 515 sits

All 38 2-beds →

515 last sold in March 2021 at AED 1,803 per sqft, 8% above what two-beds in La Cote Building 1 were fetching at the time (AED 1,663). 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.

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

515, La Cote Building 1 in numbers

  • Sold twice: first on 21 October 2019 for AED 2,131,000, last on 15 March 2021 for AED 2,175,000 (AED 1,803 per sqft).
  • 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 15 March 2021.

Questions about 515, La Cote Building 1

What did unit 515 last sell for?

AED 2,175,000 on 15 March 2021: AED 1,803 per sqft for 1,206 sqft. The unit has 2 registered sales; the first was AED 2,131,000 in October 2019.

How big is unit 515?

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 515 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.

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Mortgage on 515, La Cote Building 1

Starts from the last sale price (AED 2.18M, 15 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,175,000
Deposit, UAE resident (20%)
AED 435,000
Deposit, non-resident (40%)
AED 870,000
Monthly over 25 years at 3.7%
AED 8,899

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