2-bed · 1,212 sqftLa Rive Building 1, La Mer · 2nd floor · completed 2022

216, La Rive Building 1

Sold prices and rental history: sold once, by the developer in November 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 14 November 2019
Last soldAED 1.99M14 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, La Rive Building 1

What is 216 worth today?

Last sold for AED 1,986,450 in 2019

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14 Nov 2019Sold by developerOff-plan
AED 1,986,450AED 1,639 per sqft

Source: Dubai Land Department. Updated 14 November 2019.

Key facts

Type
2-bed apartment
Size
1,212 sqft
Floor
2nd of 5
Parking
1
Developer
PDLM Residential
Completed
2022
Last sold
AED 1.99M · November 2019

About 216, La Rive Building 1

216 is a two-bedroom apartment of 1,212 sqft on the 2nd floor of La Rive Building 1, a 5-storey tower in La Mer completed in 2022 by PDLM Residential . The developer sold it on 14 November 2019 for AED 1,986,450, or AED 1,639 per sqft, 16% below the AED 1,943 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 216 over time

Sales
Unit 216, 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, November 2019: AED 1,986,450 (AED 1,639 per sqft)

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

Rents
Unit 216, 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 216 sits

All 33 2-beds →

216 last sold in November 2019 at AED 1,639 per sqft, 16% below what two-beds in La Rive Building 1 were fetching at the time (AED 1,943). 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 2nd floor

All 84 units in La Rive Building 1
Value
2012-bedAED 5.23M · Feb 2026
2022-bedAED 4.19M · Oct 2023
2031-bedAED 1.65M · Oct 2019
2041-bedAED 1.68M · Nov 2019
2053-bedAED 5M · Nov 2021
2063-bedAED 4.4M · Jun 2021
2071-bedAED 1.7M · Sep 2019
1–7 of 17

216, La Rive Building 1 in numbers

  • Sold once: by PDLM Residential on 14 November 2019 for AED 1,986,450, or AED 1,639 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 14 November 2019.

Questions about 216, La Rive Building 1

What did unit 216 last sell for?

AED 1,986,450 on 14 November 2019, sold by the developer: AED 1,639 per sqft for 1,212 sqft. It is the only registered sale of the unit.

How big is unit 216?

1,212 sqft (112.6 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2022.

What is unit 216 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 216, La Rive Building 1

Starts from the last sale price (AED 1.99M, 14 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,986,450
Deposit, UAE resident (20%)
AED 397,290
Deposit, non-resident (40%)
AED 794,580
Monthly over 25 years at 3.7%
AED 8,127

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