2-bed · 1,206 sqftLa Cote Building 2, La Mer · 3rd floor · completed 2021

307, La Cote Building 2

Sold prices and rental history: sold once, by the developer in July 2021, and rented once, from August 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 24 August 2022
Last soldAED 2.01M11 July 2021
Current rentAED 135K /yr24 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, La Cote Building 2

What is 307 worth today?

Last sold for AED 2,006,000 in 2021

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24 Aug 2022RentedNew contract
AED 135,000/yr12 months · AED 112 per sqft
11 Jul 2021Sold by developerOff-plan
AED 2,006,000AED 1,662 per sqft

Source: Dubai Land Department. Updated 24 August 2022.

Key facts

Type
2-bed apartment
Size
1,206 sqft
Floor
3rd of 5
Parking
A-181
Developer
PDLM Residential
Completed
2021
Last sold
AED 2.01M · July 2021

About 307, La Cote Building 2

307 is a two-bedroom apartment of 1,206 sqft on the 3rd floor of La Cote Building 2, a 5-storey tower in La Mer completed in 2021 by PDLM Residential . The developer sold it on 11 July 2021 for AED 2,006,000, or AED 1,662 per sqft, in line with the AED 1,661 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 August 2022. The current contract, signed on 24 August 2022, is AED 135,000 a year: a gross yield of 6.7% on the 2021 price.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in La Cote Building 2
2M2.5M3M201920212023Typical 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 2021: AED 2,006,000 (AED 1,662 per sqft)

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

Rents
Unit 307, each contractTypical two-bed in La Cote Building 2
150K175K202220242026Typical rent by year: 2022 AED 157,000; 2023 AED 165,000; 2024 AED 176,400; 2025 AED 180,000; 2026 AED 175,000New contract, August 2022: AED 135,000 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 307 sits

All 44 2-beds →

307 last sold in July 2021 at AED 1,662 per sqft, in line with what two-beds in La Cote Building 2 were fetching at the time (AED 1,661). 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. 307's AED 135,000 is in the lower 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 3rd floor

All 100 units in La Cote Building 2
Value
3011-bedAED 2.25M · Jul 2022
3021-bedAED 2.35M · Oct 2025
3032-bedAED 2.23M · Nov 2019
3043-bedAED 4.09M · Jun 2019
3053-bedAED 7.66M · Apr 2022
3061-bedAED 1.71M · May 2019
3082-bedAED 3M · Apr 2023
1–7 of 20

307, La Cote Building 2 in numbers

  • Sold once: by PDLM Residential on 11 July 2021 for AED 2,006,000, or AED 1,662 per sqft.
  • Rented since August 2022 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2021 price is 6.7%.
  • 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 24 August 2022.

Questions about 307, La Cote Building 2

What did unit 307 last sell for?

AED 2,006,000 on 11 July 2021, sold by the developer: AED 1,662 per sqft for 1,206 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 135,000 a year on the contract signed on 24 August 2022.

How big is unit 307?

1,206 sqft (112.0 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2021.

What is unit 307 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 307, La Cote Building 2

Starts from the last sale price (AED 2.01M, 11 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,006,000
Deposit, UAE resident (20%)
AED 401,200
Deposit, non-resident (40%)
AED 802,400
Monthly over 25 years at 3.7%
AED 8,207

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