4-bed · 3,147 sqftLa Cote Building 2, La Mer · 5th floor · completed 2021

516, La Cote Building 2

Sold prices and rental history: sold twice, last in January 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 6.69M18 January 2021
Current rentAED 300K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, La Cote Building 2

What is 516 worth today?

Last sold for AED 6,692,900 in 2021

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1 Apr 2024RentedRenewal
AED 300,000/yr12 months · AED 95 per sqft
1 Apr 2023RentedRenewal
AED 300,000/yr12 months · AED 95 per sqft
1 Apr 2022RentedNew contract
AED 300,000/yr12 months · AED 95 per sqft
18 Jan 2021SoldOff-plan
AED 6,692,900AED 2,126 per sqft
25 Nov 2019Sold by developerOff-plan
AED 6,350,000AED 2,017 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
4-bed apartment
Size
3,147 sqft
Floor
5th of 5
Parking
A-164, A-165
Developer
PDLM Residential
Completed
2021
Last sold
AED 6.69M · January 2021

About 516, La Cote Building 2

516 is a four-bedroom apartment of 3,147 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 18 January 2021 for AED 6,692,900, or AED 2,126 per sqft.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 300,000 a year: a gross yield of 4.5% on the 2021 price.

4-beds in La Cote Building 2, and where 516 sits

All 3 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
11 Jun 20259,900,000
23 Feb 20228,250,000
27 Nov 20195,864,000
15 May 20196,696,000
0 4-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

516, La Cote Building 2 in numbers

  • Sold twice: first on 25 November 2019 for AED 6,350,000, last on 18 January 2021 for AED 6,692,900 (AED 2,126 per sqft).
  • Rented since April 2022 on 3 Ejari contracts, at AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2021 price is 4.5%.

Source: Dubai Land Department. Updated 1 April 2024.

Questions about 516, La Cote Building 2

What did unit 516 last sell for?

AED 6,692,900 on 18 January 2021: AED 2,126 per sqft for 3,147 sqft. The unit has 2 registered sales; the first was AED 6,350,000 in November 2019.

What is the rent for unit 516?

AED 300,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 300,000; the unit has been rented since April 2022.

How big is unit 516?

3,147 sqft (292.4 sqm): a four-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.

What is unit 516 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 516, La Cote Building 2

Starts from the last sale price (AED 6.69M, 18 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 6,692,900
Deposit, UAE resident (20%)
AED 1,338,580
Deposit, non-resident (40%)
AED 2,677,160
Monthly over 25 years at 3.7%
AED 27,383

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