2-bed · 1,337 sqftLa Cote Building 3, La Mer · 3rd floor · completed 2021

316, La Cote Building 3

Sold prices and rental history: sold 3 times, last in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 4 April 2023
Last soldAED 4.35M4 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, La Cote Building 3

What is 316 worth today?

Last sold for AED 4,350,000 in 2023

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4 Apr 2023SoldReady
AED 4,350,000AED 3,254 per sqft
28 Mar 2022SoldReady
AED 3,500,000AED 2,618 per sqft
11 Nov 2019Sold by developerOff-plan
AED 2,576,000AED 1,927 per sqft

Source: Dubai Land Department. Updated 4 April 2023.

Key facts

Type
2-bed apartment
Size
1,337 sqft
Floor
3rd of 5
Parking
B-047
Developer
PDLM Residential
Completed
2021
Last sold
AED 4.35M · April 2023

About 316, La Cote Building 3

316 is a two-bedroom apartment of 1,337 sqft on the 3rd floor of La Cote Building 3, a 5-storey tower in La Mer completed in 2021 by PDLM Residential . It last sold on 4 April 2023 for AED 4,350,000, or AED 3,254 per sqft, 18% above the AED 2,768 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 316 over time

Sales
Unit 316, each saleTypical two-bed in La Cote Building 3
2M4M2019202120232025Typical sale price by year: 2019 AED 2,282,000; 2021 AED 2,099,500; 2022 AED 2,600,000; 2023 AED 4,000,000; 2025 AED 3,400,000Sold by developer, November 2019: AED 2,576,000 (AED 1,927 per sqft)Sold, March 2022: AED 3,500,000 (AED 2,618 per sqft)Sold, April 2023: AED 4,350,000 (AED 3,254 per sqft)

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

Rents
Unit 316, each contractTypical two-bed in La Cote Building 3
150K175K200K202220242026Typical rent by year: 2022 AED 155,000; 2023 AED 166,500; 2024 AED 193,288; 2025 AED 200,000; 2026 AED 190,500

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 3, and where 316 sits

All 42 2-beds →

316 last sold in April 2023 at AED 3,254 per sqft, 18% above what two-beds in La Cote Building 3 were fetching at the time (AED 2,768). Over the last 12 months two-beds sold for AED 3,350,000 to 4,400,000, around AED 2,760 per sqft, and rent for AED 150,000 to 240,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jun 20263,350,000
5 Feb 20264,400,000
18 Nov 20253,350,000
28 Aug 20253,400,000
3 2-bed sales in the last 12 months

La Cote Building 3

Building

77 apartments, 1-bed to 4-bed over 5 floors in La Mer, completed in 2021 by PDLM Residential . 4 sold in the last 12 months.

Typical price per sqft
AED 2,630
Typical sale
AED 3.35M
Typical rent
AED 190K /yr
Typical yield
5.8%
La Cote Building 3, La Mer: prices, sales and rents →

Other units on the 3rd floor

All 77 units in La Cote Building 3
Value
3012-bedAED 2.45M · Nov 2019
3023-bedAED 5.09M · Jul 2021
3032-bedAED 2.12M · Nov 2019
3042-bedAED 2M · Nov 2019
3052-bedAED 2.5M · Jul 2022
3061-bedAED 1.7M · Jul 2022
3072-bedAED 2.4M · Feb 2022
1–7 of 15

316, La Cote Building 3 in numbers

  • Sold 3 times: first on 11 November 2019 for AED 2,576,000, last on 4 April 2023 for AED 4,350,000 (AED 3,254 per sqft).
  • Two-beds in La Cote Building 3 sold for AED 3,350,000–4,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,630 per sqft.

Source: Dubai Land Department. Updated 4 April 2023.

Questions about 316, La Cote Building 3

What did unit 316 last sell for?

AED 4,350,000 on 4 April 2023: AED 3,254 per sqft for 1,337 sqft. The unit has 3 registered sales; the first was AED 2,576,000 in November 2019.

How big is unit 316?

1,337 sqft (124.2 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2021.

What is unit 316 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 3 sold for AED 3,350,000 to 4,400,000 in the last 12 months, around AED 2,760 per sqft.

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Mortgage on 316, La Cote Building 3

Starts from the last sale price (AED 4.35M, 4 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,350,000
Deposit, UAE resident (20%)
AED 870,000
Deposit, non-resident (40%)
AED 1,740,000
Monthly over 25 years at 3.7%
AED 17,797

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