2-bed · 1,204 sqftLa Cote Building 2, La Mer · 2nd floor · completed 2021

203, La Cote Building 2

Sold prices and rental history: sold twice, last in April 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 October 2022
Last soldAED 2.6M14 April 2022
Current rentAED 200K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, La Cote Building 2

What is 203 worth today?

Last sold for AED 2,600,000 in 2022

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1 Oct 2022RentedNew contract
AED 200,000/yr12 months · AED 166 per sqft
1 May 2022RentedNew contract
AED 200,000/yr12 months · AED 166 per sqft
14 Apr 2022SoldReady
AED 2,600,000AED 2,159 per sqft
27 Nov 2019Sold by developerOff-plan
AED 2,113,000AED 1,755 per sqft

Source: Dubai Land Department. Updated 1 October 2022.

Key facts

Type
2-bed apartment
Size
1,204 sqft
Floor
2nd of 5
Parking
A-098
Developer
PDLM Residential
Completed
2021
Last sold
AED 2.6M · April 2022

About 203, La Cote Building 2

203 is a two-bedroom apartment of 1,204 sqft on the 2nd floor of La Cote Building 2, a 5-storey tower in La Mer completed in 2021 by PDLM Residential . It last sold on 14 April 2022 for AED 2,600,000, or AED 2,159 per sqft, 29% above the AED 1,675 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 October 2022, is AED 200,000 a year: a gross yield of 7.7% on the 2022 price.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in La Cote Building 2
2M2.5M201920212023Typical sale price by year: 2019 AED 2,103,000; 2021 AED 2,018,000; 2022 AED 2,600,000; 2023 AED 2,849,000Sold by developer, November 2019: AED 2,113,000 (AED 1,755 per sqft)Sold, April 2022: AED 2,600,000 (AED 2,159 per sqft)

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

Rents
Unit 203, each contractTypical two-bed in La Cote Building 2
160K180K200K202220242026Typical rent by year: 2022 AED 157,000; 2023 AED 165,000; 2024 AED 176,400; 2025 AED 180,000; 2026 AED 175,000New contract, May 2022: AED 200,000 a yearNew contract, October 2022: AED 200,000 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 2, and where 203 sits

All 44 2-beds →

203 last sold in April 2022 at AED 2,159 per sqft, 29% above what two-beds in La Cote Building 2 were fetching at the time (AED 1,675). Over the last 12 months two-beds sold for AED 2,900,000 to 3,385,000, around AED 2,468 per sqft, and rent for AED 132,210 to 230,000 a year. 203's AED 200,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jul 20263,385,000
2 Apr 20262,900,000
20 Mar 20243,500,000
10 Nov 20232,950,000
2 2-bed sales in the last 12 months

La Cote Building 2

Building

100 apartments, 1-bed to 5-bed over 5 floors in La Mer, completed in 2021 by PDLM Residential . 3 sold in the last 12 months.

Typical price per sqft
AED 2,797
Typical sale
AED 3.39M
Typical rent
AED 158K /yr
Typical yield
5.1%
La Cote Building 2, La Mer: prices, sales and rents →

Other units on the 2nd floor

All 100 units in La Cote Building 2
Value
2011-bedAED 1.9M · Apr 2021
2021-bedAED 1.9M · Apr 2022
2043-bedAED 7.65M · Oct 2026
2053-bedAED 6.2M · Feb 2022
2061-bedAED 1.96M · Feb 2022
2072-bedAED 2.55M · Jun 2022
2082-bedAED 1.97M · Nov 2021
1–7 of 20

203, La Cote Building 2 in numbers

  • Sold twice: first on 27 November 2019 for AED 2,113,000, last on 14 April 2022 for AED 2,600,000 (AED 2,159 per sqft).
  • Rented since May 2022 on 2 Ejari contracts, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2022 price is 7.7%.
  • Two-beds in La Cote Building 2 sold for AED 2,900,000–3,385,000 in the 12 months to November 2026; the building's median across all types is AED 2,797 per sqft.

Source: Dubai Land Department. Updated 1 October 2022.

Questions about 203, La Cote Building 2

What did unit 203 last sell for?

AED 2,600,000 on 14 April 2022: AED 2,159 per sqft for 1,204 sqft. The unit has 2 registered sales; the first was AED 2,113,000 in November 2019.

What is the rent for unit 203?

AED 200,000 a year on the contract signed on 1 October 2022. The previous contract, from May 2022, was AED 200,000.

How big is unit 203?

1,204 sqft (111.9 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2021.

What is unit 203 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 2 sold for AED 2,900,000 to 3,385,000 in the last 12 months, around AED 2,468 per sqft.

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Mortgage on 203, La Cote Building 2

Starts from the last sale price (AED 2.6M, 14 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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