2-bed · 1,404 sqftLa Rive Building 1, La Mer · 1st floor · completed 2022

115, La Rive Building 1

Sold prices and rental history: sold once, by the developer in February 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 2 February 2021
Last soldAED 2.26M2 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, La Rive Building 1

What is 115 worth today?

Last sold for AED 2,261,000 in 2021

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2 Feb 2021Sold by developerOff-plan
AED 2,261,000AED 1,610 per sqft

Source: Dubai Land Department. Updated 2 February 2021.

Key facts

Type
2-bed apartment
Size
1,404 sqft
Floor
1st of 5
Parking
1
Developer
PDLM Residential
Completed
2022
Last sold
AED 2.26M · February 2021

About 115, La Rive Building 1

115 is a two-bedroom apartment of 1,404 sqft on the 1st floor of La Rive Building 1, a 5-storey tower in La Mer completed in 2022 by PDLM Residential . The developer sold it on 2 February 2021 for AED 2,261,000, or AED 1,610 per sqft, 4% below the AED 1,680 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 115 over time

Sales
Unit 115, 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, February 2021: AED 2,261,000 (AED 1,610 per sqft)

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

Rents
Unit 115, 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 200,000

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 115 sits

All 33 2-beds →

115 last sold in February 2021 at AED 1,610 per sqft, 4% below what two-beds in La Rive Building 1 were fetching at the time (AED 1,680). 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.

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

115, La Rive Building 1 in numbers

  • Sold once: by PDLM Residential on 2 February 2021 for AED 2,261,000, or AED 1,610 per sqft.
  • 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 2 February 2021.

Questions about 115, La Rive Building 1

What did unit 115 last sell for?

AED 2,261,000 on 2 February 2021, sold by the developer: AED 1,610 per sqft for 1,404 sqft. It is the only registered sale of the unit.

How big is unit 115?

1,404 sqft (130.4 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2022.

What is unit 115 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 115, La Rive Building 1

Starts from the last sale price (AED 2.26M, 2 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,261,000
Deposit, UAE resident (20%)
AED 452,200
Deposit, non-resident (40%)
AED 904,400
Monthly over 25 years at 3.7%
AED 9,250

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