1-bed · 965 sqftLa Cote Building 2, La Mer · 4th floor · completed 2021

401, La Cote Building 2

Sold prices and rental history: sold twice, last in December 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 23 February 2024
Last soldAED 2.1M26 December 2021
Current rentAED 158K /yr23 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, La Cote Building 2

What is 401 worth today?

Last sold for AED 2,100,000 in 2021

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23 Feb 2024RentedRenewal
AED 157,500/yr12 months · AED 163 per sqft
23 Feb 2023RentedNew contract
AED 157,500/yr12 months · AED 163 per sqft
26 Dec 2021SoldReady
AED 2,100,000AED 2,175 per sqft
20 Jun 2019Sold by developerOff-plan
AED 1,795,000AED 1,859 per sqft

Source: Dubai Land Department. Updated 23 February 2024.

Key facts

Type
1-bed apartment
Size
965 sqft
Floor
4th of 5
Parking
A-107
Developer
PDLM Residential
Completed
2021
Last sold
AED 2.1M · December 2021

About 401, La Cote Building 2

401 is a one-bedroom apartment of 965 sqft on the 4th floor of La Cote Building 2, a 5-storey tower in La Mer completed in 2021 by PDLM Residential . It last sold on 26 December 2021 for AED 2,100,000, or AED 2,175 per sqft, 20% above the AED 1,810 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 23 February 2024, is AED 157,500 a year: a gross yield of 7.5% on the 2021 price.

Sales and rents for 401 over time

Sales
Unit 401, 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, June 2019: AED 1,795,000 (AED 1,859 per sqft)Sold, December 2021: AED 2,100,000 (AED 2,175 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in La Cote Building 2
120K140K160K202220242026Typical rent by year: 2022 AED 120,000; 2023 AED 125,000; 2024 AED 127,500; 2025 AED 133,650; 2026 AED 115,000New contract, February 2023: AED 157,500 a yearRenewal, February 2024: AED 157,500 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 401 sits

All 38 1-beds →

401 last sold in December 2021 at AED 2,175 per sqft, 20% above what one-beds in La Cote Building 2 were fetching at the time (AED 1,810). 401's AED 157,500 is at the top 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 4th floor

All 100 units in La Cote Building 2
Value
4021-bedAED 1.73M · Sep 2019
4032-bedAED 2.25M · Jul 2019
4043-bedAED 7.2M · Jul 2025
4054-bedAED 9.9M · Jun 2025
4062-bedAED 2.02M · May 2021
4072-bedAED 2.15M · Aug 2021
4081-bedAED 1.36M · Jan 2022
1–7 of 19

401, La Cote Building 2 in numbers

  • Sold twice: first on 20 June 2019 for AED 1,795,000, last on 26 December 2021 for AED 2,100,000 (AED 2,175 per sqft).
  • Rented since February 2023 on 2 Ejari contracts, at AED 157,500 a year.
  • At AED 157,500 a year the gross yield on the 2021 price is 7.5%.

Source: Dubai Land Department. Updated 23 February 2024.

Questions about 401, La Cote Building 2

What did unit 401 last sell for?

AED 2,100,000 on 26 December 2021: AED 2,175 per sqft for 965 sqft. The unit has 2 registered sales; the first was AED 1,795,000 in June 2019.

What is the rent for unit 401?

AED 157,500 a year on the contract renewed on 23 February 2024. The previous contract, from February 2023, was AED 157,500.

How big is unit 401?

965 sqft (89.7 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2021.

What is unit 401 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 401, La Cote Building 2

Starts from the last sale price (AED 2.1M, 26 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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