2-bed · 641 sqftLa Cote Building 2, La Mer · 5th floor · completed 2021

506, La Cote Building 2

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

Unit 506 · DLD and Ejari recordsUpdated 26 September 2023
Last soldAED 2.46M26 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, La Cote Building 2

What is 506 worth today?

Last sold for AED 2,462,082 in 2023

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26 Sep 2023SoldReady
AED 2,462,082AED 3,843 per sqft
11 Jul 2021Sold by developerOff-plan
AED 2,169,000AED 1,693 per sqft

Source: Dubai Land Department. Updated 26 September 2023.

Key facts

Type
2-bed apartment
Size
641 sqft
Floor
5th of 5
Parking
A-179
Developer
PDLM Residential
Completed
2021
Last sold
AED 2.46M · September 2023

About 506, La Cote Building 2

506 is a two-bedroom apartment of 641 sqft on the 5th floor of La Cote Building 2, a 5-storey tower in La Mer completed in 2021 by PDLM Residential . It last sold on 26 September 2023 for AED 2,462,082, or AED 3,843 per sqft, 64% above the AED 2,338 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical two-bed in La Cote Building 2
2M2.5M201920212023Typical 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 2,169,000 (AED 1,693 per sqft)Sold, September 2023: AED 2,462,082 (AED 3,843 per sqft)

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

Rents
Unit 506, 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 506 sits

All 44 2-beds →

506 last sold in September 2023 at AED 3,843 per sqft, 64% above what two-beds in La Cote Building 2 were fetching at the time (AED 2,338). 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 5th floor

All 100 units in La Cote Building 2
Value
5011-bedAED 1.82M · Sep 2019
5021-bedAED 1.75M · Dec 2019
5032-bedAED 2.6M · Aug 2022
5043-bedAED 7.52M · Mar 2023
5055-bedAED 24.5M · Nov 2022
5071-bedAED 1.38M · May 2019
5081-bedAED 1.65M · Aug 2024
1–7 of 17

506, La Cote Building 2 in numbers

  • Sold twice: first on 11 July 2021 for AED 2,169,000, last on 26 September 2023 for AED 2,462,082 (AED 3,843 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 26 September 2023.

Questions about 506, La Cote Building 2

What did unit 506 last sell for?

AED 2,462,082 on 26 September 2023: AED 3,843 per sqft for 641 sqft. The unit has 2 registered sales; the first was AED 2,169,000 in July 2021.

How big is unit 506?

641 sqft (59.6 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.

What is unit 506 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 506, La Cote Building 2

Starts from the last sale price (AED 2.46M, 26 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,462,082
Deposit, UAE resident (20%)
AED 492,416
Deposit, non-resident (40%)
AED 984,833
Monthly over 25 years at 3.7%
AED 10,073

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