2-bed · 1,283 sqftLa Cote Building 2, La Mer · 3rd floor · completed 2021

308, La Cote Building 2

Sold prices and rental history: sold twice, last in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 3 April 2023
Last soldAED 3M3 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, La Cote Building 2

What is 308 worth today?

Last sold for AED 3,000,000 in 2023

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3 Apr 2023SoldReady
AED 3,000,000AED 2,338 per sqft
29 Jun 2021Sold by developerOff-plan
AED 2,134,000AED 1,663 per sqft

Source: Dubai Land Department. Updated 3 April 2023.

Key facts

Type
2-bed apartment
Size
1,283 sqft
Floor
3rd of 5
Parking
A-100
Developer
PDLM Residential
Completed
2021
Last sold
AED 3M · April 2023

About 308, La Cote Building 2

308 is a two-bedroom apartment of 1,283 sqft on the 3rd floor of La Cote Building 2, a 5-storey tower in La Mer completed in 2021 by PDLM Residential . It last sold on 3 April 2023 for AED 3,000,000, or AED 2,338 per sqft, 5% above the AED 2,231 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 308 over time

Sales
Unit 308, 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, June 2021: AED 2,134,000 (AED 1,663 per sqft)Sold, April 2023: AED 3,000,000 (AED 2,338 per sqft)

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

Rents
Unit 308, each contractTypical two-bed in La Cote Building 2
160K180K202220242026Typical rent by year: 2022 AED 157,000; 2023 AED 165,000; 2024 AED 176,400; 2025 AED 180,000; 2026 AED 175,000

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 308 sits

All 44 2-beds →

308 last sold in April 2023 at AED 2,338 per sqft, 5% above what two-beds in La Cote Building 2 were fetching at the time (AED 2,231). 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.

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
3072-bedAED 2.01M · Jul 2021
1–7 of 20

308, La Cote Building 2 in numbers

  • Sold twice: first on 29 June 2021 for AED 2,134,000, last on 3 April 2023 for AED 3,000,000 (AED 2,338 per sqft).
  • 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 3 April 2023.

Questions about 308, La Cote Building 2

What did unit 308 last sell for?

AED 3,000,000 on 3 April 2023: AED 2,338 per sqft for 1,283 sqft. The unit has 2 registered sales; the first was AED 2,134,000 in June 2021.

How big is unit 308?

1,283 sqft (119.2 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2021.

What is unit 308 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 308, La Cote Building 2

Starts from the last sale price (AED 3M, 3 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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