2-bed · 1,482 sqftLa Rive Building 1, La Mer · 1st floor · completed 2022

113, La Rive Building 1

Sold prices and rental history: sold twice, last in April 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 8 September 2024
Last soldAED 3.02M25 April 2023
Current rentAED 180K /yr8 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 113, La Rive Building 1

What is 113 worth today?

Last sold for AED 3,020,000 in 2023

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8 Sep 2024RentedRenewal
AED 180,000/yr12 months · AED 122 per sqft
8 Sep 2024RentedRenewal
AED 180,000/yr12 months · AED 122 per sqft
25 Apr 2023SoldReady
AED 3,020,000AED 2,038 per sqft
1 Aug 2021Sold by developerOff-plan
AED 1,974,000AED 1,331 per sqft

Source: Dubai Land Department. Updated 8 September 2024.

Key facts

Type
2-bed apartment
Size
1,482 sqft
Floor
1st of 5
Parking
A-072
Developer
PDLM Residential
Completed
2022
Last sold
AED 3.02M · April 2023

About 113, La Rive Building 1

113 is a two-bedroom apartment of 1,482 sqft on the 1st floor of La Rive Building 1, a 5-storey tower in La Mer completed in 2022 by PDLM Residential . It last sold on 25 April 2023 for AED 3,020,000, or AED 2,038 per sqft, 10% below the AED 2,257 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 8 September 2024, is AED 180,000 a year: a gross yield of 6.0% on the 2023 price.

Sales and rents for 113 over time

Sales
Unit 113, each saleTypical two-bed in La Rive Building 1
2M3M20192021202320252027Typical sale price by year: 2019 AED 2,376,500; 2021 AED 2,053,000; 2022 AED 2,950,000; 2023 AED 3,000,000; 2026 AED 3,350,000Sold by developer, August 2021: AED 1,974,000 (AED 1,331 per sqft)Sold, April 2023: AED 3,020,000 (AED 2,038 per sqft)

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

Rents
Unit 113, each contractTypical two-bed in La Rive Building 1
180K190K200K20232024202520262027Typical rent by year: 2023 AED 180,000; 2024 AED 180,000; 2025 AED 180,000; 2026 AED 200,000Renewal, September 2024: AED 180,000 a yearRenewal, September 2024: AED 180,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in La Rive Building 1, and where 113 sits

All 33 2-beds →

113 last sold in April 2023 at AED 2,038 per sqft, 10% below what two-beds in La Rive Building 1 were fetching at the time (AED 2,257). Over the last 12 months two-beds sold for AED 3,100,000 to 5,233,340, around AED 2,764 per sqft, and rent for AED 140,000 to 250,000 a year. 113's AED 180,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Apr 20263,350,000
15 Apr 20263,100,000
6 Feb 20265,233,340
23 Jun 20254,600,000
3 2-bed sales in the last 12 months

La Rive Building 1

Building

84 apartments, 1-bed to 5-bed over 5 floors in La Mer, completed in 2022 by PDLM Residential . 4 sold in the last 12 months.

Typical price per sqft
AED 2,673
Typical sale
AED 3.23M
Typical rent
AED 165K /yr
Typical yield
5.6%
La Rive Building 1, La Mer: prices, sales and rents →

Other units on the 1st floor

All 84 units in La Rive Building 1
Value
1012-bedAED 2.75M · Jun 2022
1022-bedAED 2.36M · Jul 2019
1031-bedAED 1.73M · May 2022
1041-bedAED 1.64M · Jul 2019
1053-bedAED 4.14M · Jan 2021
1063-bedAED 8.75M · May 2025
1071-bedAED 2.05M · Jan 2023
1–7 of 16

113, La Rive Building 1 in numbers

  • Sold twice: first on 1 August 2021 for AED 1,974,000, last on 25 April 2023 for AED 3,020,000 (AED 2,038 per sqft).
  • Rented since September 2024 on 2 Ejari contracts, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2023 price is 6.0%.
  • Two-beds in La Rive Building 1 sold for AED 3,100,000–5,233,340 in the 12 months to November 2026; the building's median across all types is AED 2,673 per sqft.

Source: Dubai Land Department. Updated 8 September 2024.

Questions about 113, La Rive Building 1

What did unit 113 last sell for?

AED 3,020,000 on 25 April 2023: AED 2,038 per sqft for 1,482 sqft. The unit has 2 registered sales; the first was AED 1,974,000 in August 2021.

What is the rent for unit 113?

AED 180,000 a year on the contract renewed on 8 September 2024. The previous contract, from September 2024, was AED 180,000.

How big is unit 113?

1,482 sqft (137.7 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2022.

What is unit 113 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in La Rive Building 1 sold for AED 3,100,000 to 5,233,340 in the last 12 months, around AED 2,764 per sqft.

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Mortgage on 113, La Rive Building 1

Starts from the last sale price (AED 3.02M, 25 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,020,000
Deposit, UAE resident (20%)
AED 604,000
Deposit, non-resident (40%)
AED 1,208,000
Monthly over 25 years at 3.7%
AED 12,356

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