1-bed · 789 sqftLa Cote Building 2, La Mer · 4th floor · completed 2021

408, La Cote Building 2

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

Unit 408 · DLD and Ejari recordsUpdated 12 June 2026
Last soldAED 1.36M26 January 2022
Current rentAED 130K /yr12 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, La Cote Building 2

What is 408 worth today?

Last sold for AED 1,360,000 in 2022

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12 Jun 2026RentedRenewal
AED 130,000/yr12 months · AED 165 per sqft
12 Jun 2025RentedRenewal
AED 130,000/yr12 months · AED 165 per sqft
12 Jun 2025RentedRenewal
AED 130,000/yr12 months · AED 165 per sqft
12 Jun 2024RentedRenewal
AED 115,000/yr12 months · AED 146 per sqft
12 Jun 2023RentedNew contract
AED 115,000/yr12 months · AED 146 per sqft
26 Jan 2022SoldReady
AED 1,360,000AED 1,722 per sqft
27 Nov 2019Sold by developerOff-plan
AED 1,357,000AED 1,719 per sqft

Source: Dubai Land Department. Updated 12 June 2026.

Key facts

Type
1-bed apartment
Size
789 sqft
Floor
4th of 5
Parking
A-075
Developer
PDLM Residential
Completed
2021
Last sold
AED 1.36M · January 2022

About 408, La Cote Building 2

408 is a one-bedroom apartment of 789 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 January 2022 for AED 1,360,000, or AED 1,722 per sqft, in line with the AED 1,722 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 12 June 2026, is AED 130,000 a year: a gross yield of 9.6% on the 2022 price.

Sales and rents for 408 over time

Sales
Unit 408, 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, November 2019: AED 1,357,000 (AED 1,719 per sqft)Sold, January 2022: AED 1,360,000 (AED 1,722 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in La Cote Building 2
120K130K202220242026Typical 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 2023: AED 115,000 a yearRenewal, June 2024: AED 115,000 a yearRenewal, June 2025: AED 130,000 a yearRenewal, June 2025: AED 130,000 a yearRenewal, June 2026: AED 130,000 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 408 sits

All 38 1-beds →

408 last sold in January 2022 at AED 1,722 per sqft, in line with what one-beds in La Cote Building 2 were fetching at the time (AED 1,722). 408's AED 130,000 is in the upper 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 4th floor

All 100 units in La Cote Building 2
Value
4011-bedAED 2.1M · Dec 2021
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
1–7 of 19

408, La Cote Building 2 in numbers

  • Sold twice: first on 27 November 2019 for AED 1,357,000, last on 26 January 2022 for AED 1,360,000 (AED 1,722 per sqft).
  • Rented since June 2023 on 5 Ejari contracts, from AED 115,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2022 price is 9.6%.

Source: Dubai Land Department. Updated 12 June 2026.

Questions about 408, La Cote Building 2

What did unit 408 last sell for?

AED 1,360,000 on 26 January 2022: AED 1,722 per sqft for 789 sqft. The unit has 2 registered sales; the first was AED 1,357,000 in November 2019.

What is the rent for unit 408?

AED 130,000 a year on the contract renewed on 12 June 2026. The previous contract, from June 2025, was AED 130,000; the unit has been rented since June 2023.

How big is unit 408?

789 sqft (73.3 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2021.

What is unit 408 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 408, La Cote Building 2

Starts from the last sale price (AED 1.36M, 26 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,360,000
Deposit, UAE resident (20%)
AED 272,000
Deposit, non-resident (40%)
AED 544,000
Monthly over 25 years at 3.7%
AED 5,564

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