1-bed · 789 sqftLa Cote Building 2, La Mer · 3rd floor · completed 2021

312, La Cote Building 2

Sold prices and rental history: sold twice, last in May 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 10 June 2023
Last soldAED 2.3M23 May 2023
Current rentAED 97K /yr10 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, La Cote Building 2

What is 312 worth today?

Last sold for AED 2,300,000 in 2023

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10 Jun 2023RentedNew contract
AED 97,429/yr8 months · AED 124 per sqft
23 May 2023SoldReady
AED 2,300,000AED 2,913 per sqft
10 Jun 2022RentedNew contract
AED 88,000/yr12 months · AED 111 per sqft
21 Apr 2019Sold by developerOff-plan
AED 1,347,000AED 1,706 per sqft

Source: Dubai Land Department. Updated 10 June 2023.

Key facts

Type
1-bed apartment
Size
789 sqft
Floor
3rd of 5
Parking
A-053
Developer
PDLM Residential
Completed
2021
Last sold
AED 2.3M · May 2023

About 312, La Cote Building 2

312 is a one-bedroom apartment of 789 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 23 May 2023 for AED 2,300,000, or AED 2,913 per sqft, 26% above the AED 2,320 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 10 June 2023, is AED 97,429 a year: a gross yield of 4.2% on the 2023 price.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical one-bed in La Cote Building 2
1.5M2M2019202120232025Typical sale price by year: 2019 AED 1,377,000; 2021 AED 1,450,000; 2022 AED 1,700,000; 2023 AED 2,250,000; 2024 AED 1,650,000; 2025 AED 2,250,000Sold by developer, April 2019: AED 1,347,000 (AED 1,706 per sqft)Sold, May 2023: AED 2,300,000 (AED 2,913 per sqft)

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

Rents
Unit 312, each contractTypical one-bed in La Cote Building 2
100K125K202220242026Typical rent by year: 2022 AED 120,000; 2023 AED 125,000; 2024 AED 127,500; 2025 AED 133,650; 2026 AED 115,000New contract, June 2022: AED 88,000 a yearNew contract, June 2023: AED 97,429 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in La Cote Building 2, and where 312 sits

All 38 1-beds →

312 last sold in May 2023 at AED 2,913 per sqft, 26% above what one-beds in La Cote Building 2 were fetching at the time (AED 2,320). 312's AED 97,429 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 20252,350,000
3 Sep 20252,130,000
18 Aug 20252,200,000
9 Apr 20252,300,000
0 1-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

312, La Cote Building 2 in numbers

  • Sold twice: first on 21 April 2019 for AED 1,347,000, last on 23 May 2023 for AED 2,300,000 (AED 2,913 per sqft).
  • Rented since June 2022 on 2 Ejari contracts, from AED 88,000 to AED 97,429 a year.
  • At AED 97,429 a year the gross yield on the 2023 price is 4.2%.

Source: Dubai Land Department. Updated 10 June 2023.

Questions about 312, La Cote Building 2

What did unit 312 last sell for?

AED 2,300,000 on 23 May 2023: AED 2,913 per sqft for 789 sqft. The unit has 2 registered sales; the first was AED 1,347,000 in April 2019.

What is the rent for unit 312?

AED 97,429 a year on the contract signed on 10 June 2023. The previous contract, from June 2022, was AED 88,000.

How big is unit 312?

789 sqft (73.3 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2021.

What is unit 312 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 312, La Cote Building 2

Starts from the last sale price (AED 2.3M, 23 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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