505, La Cote Building 3
Sold prices and rental history: sold twice, last in March 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, La Cote Building 3
What is 505 worth today?
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Source: Dubai Land Department. Updated 3 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 758 sqft
- Floor
- 5th of 5
- Parking
- B-045
- Developer
- PDLM Residential
- Completed
- 2021
- Last sold
- AED 1.5M · March 2022
- Building
- La Cote Building 3
About 505, La Cote Building 3
505 is a one-bedroom apartment of 758 sqft on the 5th floor of La Cote Building 3, a 5-storey tower in La Mer completed in 2021 by PDLM Residential . It last sold on 10 March 2022 for AED 1,500,000, or AED 1,979 per sqft, in line with the AED 1,969 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 3 June 2024, is AED 115,000 a year: a gross yield of 7.7% on the 2022 price.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the one-bed median of each year in the building.
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 3, and where 505 sits
All 18 1-beds →505 last sold in March 2022 at AED 1,979 per sqft, in line with what one-beds in La Cote Building 3 were fetching at the time (AED 1,969). Over the last 12 months one-beds sold for AED 2,500,000, around AED 2,159 per sqft, and rent for AED 100,000 to 160,000 a year. 505's AED 115,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Mar 20263 March 2026 | 1,158 sqft | 2,500,000 | 2,159 | ||
| 15 May 202515 May 2025 | 758 sqft | 2,050,000 | 2,705 | ||
| 20 Mar 202520 March 2025 | 758 sqft | 1,700,000 | 2,243 | ||
| 27 Apr 202327 April 2023 | 761 sqft | 2,100,000 | 2,757 |
La Cote Building 3
Building77 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%
Other units on the 5th floor
All 77 units in La Cote Building 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 830 sqft | AED 1.8MAED 1,800,000 · Apr 2022April 2022 | 125,000 /yr | |
| 502 | 2-bed | 1,204 sqft | AED 1.92MAED 1,923,000 · Jul 2019July 2019 | 195,000 /yr | |
| 503 | 2-bed | 1,203 sqft | AED 2.13MAED 2,128,000 · Feb 2021February 2021 | 203,077 /yr | |
| 504 | 2-bed | 1,336 sqft | AED 4MAED 4,000,000 · Jan 2023January 2023 | ||
| 506 | 1-bed | 761 sqft | AED 1.28MAED 1,276,000 · Jul 2019July 2019 | 110,000 /yr | |
| 507 | 4-bed | 3,584 sqft | AED 7.18MAED 7,180,000 · Jul 2019July 2019 | ||
| 508 | 2-bed | 1,202 sqft | AED 2.34MAED 2,336,000 · May 2019May 2019 | 240,000 /yr | |
| 509 | 2-bed | 1,205 sqft | AED 4.4MAED 4,400,000 · Feb 2026February 2026 | ||
| 510 | 2-bed | 1,337 sqft | AED 2.63MAED 2,629,000 · Nov 2019November 2019 | 207,766 /yr | |
| 511 | 3-bed | 2,088 sqft | AED 4.39MAED 4,393,000 · Dec 2019December 2019 | 390,000 /yr |
505, La Cote Building 3 in numbers
- Sold twice: first on 29 August 2019 for AED 1,273,000, last on 10 March 2022 for AED 1,500,000 (AED 1,979 per sqft).
- Rented since June 2022 on 3 Ejari contracts, from AED 95,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2022 price is 7.7%.
- One-beds in La Cote Building 3 sold for AED 2,500,000–2,500,000 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 3 June 2024.
Questions about 505, La Cote Building 3
What did unit 505 last sell for?
AED 1,500,000 on 10 March 2022: AED 1,979 per sqft for 758 sqft. The unit has 2 registered sales; the first was AED 1,273,000 in August 2019.
What is the rent for unit 505?
AED 115,000 a year on the contract renewed on 3 June 2024. The previous contract, from June 2023, was AED 115,000; the unit has been rented since June 2022.
How big is unit 505?
758 sqft (70.4 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in La Cote Building 3 sold for AED 2,500,000 to 2,500,000 in the last 12 months, around AED 2,159 per sqft.
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Mortgage on 505, La Cote Building 3
Starts from the last sale price (AED 1.5M, 10 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →