2-bed · 1,294 sqftLa Cote Building 2, La Mer · 2nd floor · completed 2021

217, La Cote Building 2

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

Unit 217 · DLD and Ejari recordsUpdated 20 November 2023
Last soldAED 2.24M8 July 2019
Current rentAED 220K /yr20 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, La Cote Building 2

What is 217 worth today?

Last sold for AED 2,244,000 in 2019

Unlock today's estimate, updated daily, with

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

20 Nov 2023RentedNew contract
AED 220,000/yr12 months · AED 170 per sqft
1 Oct 2022RentedNew contract
AED 187,000/yr12 months · AED 145 per sqft
8 Jul 2019Sold by developerOff-plan
AED 2,244,000AED 1,734 per sqft

Source: Dubai Land Department. Updated 20 November 2023.

Key facts

Type
2-bed apartment
Size
1,294 sqft
Floor
2nd of 5
Parking
A-125
Developer
PDLM Residential
Completed
2021
Last sold
AED 2.24M · July 2019

About 217, La Cote Building 2

217 is a two-bedroom apartment of 1,294 sqft on the 2nd floor of La Cote Building 2, a 5-storey tower in La Mer completed in 2021 by PDLM Residential . The developer sold it on 8 July 2019 for AED 2,244,000, or AED 1,734 per sqft, 4% above the AED 1,666 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 20 November 2023, is AED 220,000 a year: a gross yield of 9.8% on the 2019 price.

Sales and rents for 217 over time

Sales
Unit 217, 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, July 2019: AED 2,244,000 (AED 1,734 per sqft)

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

Rents
Unit 217, each contractTypical two-bed in La Cote Building 2
150K200K202220242026Typical rent by year: 2022 AED 157,000; 2023 AED 165,000; 2024 AED 176,400; 2025 AED 180,000; 2026 AED 175,000New contract, October 2022: AED 187,000 a yearNew contract, November 2023: AED 220,000 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 217 sits

All 44 2-beds →

217 last sold in July 2019 at AED 1,734 per sqft, 4% above what two-beds in La Cote Building 2 were fetching at the time (AED 1,666). 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. 217's AED 220,000 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
2032-bedAED 2.6M · 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
1–7 of 20

217, La Cote Building 2 in numbers

  • Sold once: by PDLM Residential on 8 July 2019 for AED 2,244,000, or AED 1,734 per sqft.
  • Rented since October 2022 on 2 Ejari contracts, from AED 187,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2019 price is 9.8%.
  • 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 20 November 2023.

Questions about 217, La Cote Building 2

What did unit 217 last sell for?

AED 2,244,000 on 8 July 2019, sold by the developer: AED 1,734 per sqft for 1,294 sqft. It is the only registered sale of the unit.

What is the rent for unit 217?

AED 220,000 a year on the contract signed on 20 November 2023. The previous contract, from October 2022, was AED 187,000.

How big is unit 217?

1,294 sqft (120.2 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2021.

What is unit 217 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.

Selling 217? 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 217, La Cote Building 2

Starts from the last sale price (AED 2.24M, 8 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,244,000
Deposit, UAE resident (20%)
AED 448,800
Deposit, non-resident (40%)
AED 897,600
Monthly over 25 years at 3.7%
AED 9,181

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