3-bed · 2,159 sqftLa Cote Building 2, La Mer · 2nd floor · completed 2021

218, La Cote Building 2

Sold prices and rental history: sold twice, last in October 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 218 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 7.9M25 October 2024
Current rentAED 350K /yr15 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 218, La Cote Building 2

What is 218 worth today?

Last sold for AED 7,900,000 in 2024

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25 Oct 2024SoldReady
AED 7,900,000AED 3,659 per sqft
15 Jul 2023RentedNew contract
AED 350,000/yr12 months · AED 162 per sqft
9 May 2022RentedNew contract
AED 320,000/yr12 months · AED 148 per sqft
31 Oct 2019Sold by developerOff-plan
AED 4,312,000AED 1,997 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
3-bed apartment
Size
2,159 sqft
Floor
2nd of 5
Parking
A-138, A-139
Developer
PDLM Residential
Completed
2021
Last sold
AED 7.9M · October 2024

About 218, La Cote Building 2

218 is a three-bedroom apartment of 2,159 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 25 October 2024 for AED 7,900,000, or AED 3,659 per sqft, in line with the AED 3,659 three-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 15 July 2023, is AED 350,000 a year: a gross yield of 4.4% on the 2024 price.

Sales and rents for 218 over time

Sales
Unit 218, each saleTypical three-bed in La Cote Building 2
4M6M8M2019202120232025Typical sale price by year: 2019 AED 4,317,500; 2021 AED 4,700,000; 2022 AED 6,300,000; 2025 AED 7,700,000Sold by developer, October 2019: AED 4,312,000 (AED 1,997 per sqft)Sold, October 2024: AED 7,900,000 (AED 3,659 per sqft)

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

3-beds in La Cote Building 2, and where 218 sits

All 14 3-beds →

218 last sold in October 2024 at AED 3,659 per sqft, in line with what three-beds in La Cote Building 2 were fetching at the time (AED 3,659). Over the last 12 months three-beds sold for AED 7,650,000, around AED 3,877 per sqft, and rent for AED 360,000 to 397,861 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Oct 20267,650,000
17 Jul 20257,200,000
14 May 20258,000,000
30 Apr 20257,700,000
1 3-bed sale 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

218, La Cote Building 2 in numbers

  • Sold twice: first on 31 October 2019 for AED 4,312,000, last on 25 October 2024 for AED 7,900,000 (AED 3,659 per sqft).
  • Rented since May 2022 on 2 Ejari contracts, from AED 320,000 to AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2024 price is 4.4%.
  • Three-beds in La Cote Building 2 sold for AED 7,650,000–7,650,000 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 25 October 2024.

Questions about 218, La Cote Building 2

What did unit 218 last sell for?

AED 7,900,000 on 25 October 2024: AED 3,659 per sqft for 2,159 sqft. The unit has 2 registered sales; the first was AED 4,312,000 in October 2019.

What is the rent for unit 218?

AED 350,000 a year on the contract signed on 15 July 2023. The previous contract, from May 2022, was AED 320,000.

How big is unit 218?

2,159 sqft (200.6 sqm): a three-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2021.

What is unit 218 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in La Cote Building 2 sold for AED 7,650,000 to 7,650,000 in the last 12 months, around AED 3,877 per sqft.

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Mortgage on 218, La Cote Building 2

Starts from the last sale price (AED 7.9M, 25 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 7,900,000
Deposit, UAE resident (20%)
AED 1,580,000
Deposit, non-resident (40%)
AED 3,160,000
Monthly over 25 years at 3.7%
AED 32,321

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