1-bed · 783 sqftLa Cote Building 2, La Mer · 5th floor · completed 2021

508, La Cote Building 2

Sold prices and rental history: sold 3 times, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 7 August 2024
Last soldAED 1.65M7 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, La Cote Building 2

What is 508 worth today?

Last sold for AED 1,650,000 in 2024

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7 Aug 2024SoldReady
AED 1,650,000AED 2,108 per sqft
24 Aug 2022SoldReady
AED 1,700,000AED 2,172 per sqft
27 Oct 2019Sold by developerOff-plan
AED 1,377,000AED 1,759 per sqft

Source: Dubai Land Department. Updated 7 August 2024.

Key facts

Type
1-bed apartment
Size
783 sqft
Floor
5th of 5
Parking
A-077
Developer
PDLM Residential
Completed
2021
Last sold
AED 1.65M · August 2024

About 508, La Cote Building 2

508 is a one-bedroom apartment of 783 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 7 August 2024 for AED 1,650,000, or AED 2,108 per sqft, 4% below the AED 2,199 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, 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, October 2019: AED 1,377,000 (AED 1,759 per sqft)Sold, August 2022: AED 1,700,000 (AED 2,172 per sqft)Sold, August 2024: AED 1,650,000 (AED 2,108 per sqft)

508 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 508, 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 115,000

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 508 sits

All 38 1-beds →

508 last sold in August 2024 at AED 2,108 per sqft, 4% below what one-beds in La Cote Building 2 were fetching at the time (AED 2,199).

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 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
5062-bedAED 2.46M · Sep 2023
5071-bedAED 1.38M · May 2019
1–7 of 17

508, La Cote Building 2 in numbers

  • Sold 3 times: first on 27 October 2019 for AED 1,377,000, last on 7 August 2024 for AED 1,650,000 (AED 2,108 per sqft).

Source: Dubai Land Department. Updated 7 August 2024.

Questions about 508, La Cote Building 2

What did unit 508 last sell for?

AED 1,650,000 on 7 August 2024: AED 2,108 per sqft for 783 sqft. The unit has 3 registered sales; the first was AED 1,377,000 in October 2019.

How big is unit 508?

783 sqft (72.7 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.

What is unit 508 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 508, La Cote Building 2

Starts from the last sale price (AED 1.65M, 7 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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