408, La Rive Building 1
Sold prices and rental history: sold once, by the developer in May 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, La Rive Building 1
What is 408 worth today?
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Source: Dubai Land Department. Updated 16 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,213 sqft
- Floor
- 4th of 5
- Parking
- 1
- Developer
- PDLM Residential
- Completed
- 2022
- Last sold
- AED 2.03M · May 2021
- Building
- La Rive Building 1
About 408, La Rive Building 1
408 is a two-bedroom apartment of 1,213 sqft on the 4th 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 May 2021 for AED 2,034,000, or AED 1,677 per sqft, in line with the AED 1,677 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 16 August 2026, is AED 178,500 a year: a gross yield of 8.8% on the 2021 price.
Sales and rents for 408 over time
408 has sold once; the dashed line is the two-bed median of each year in the building.
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 408 sits
All 33 2-beds →408 last sold in May 2021 at AED 1,677 per sqft, in line with what two-beds in La Rive Building 1 were fetching at the time (AED 1,677). 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. 408's AED 178,500 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Apr 202623 April 2026 | 1,212 sqft | 3,350,000 | 2,764 | ||
| 15 Apr 202615 April 2026 | 1,200 sqft | 3,100,000 | 2,582 | ||
| 6 Feb 20266 February 2026 | 1,206 sqft | 5,233,340 | 4,340 | ||
| 23 Jun 202523 June 2025 | 1,203 sqft | 4,600,000 | 3,825 |
La Rive Building 1
Building84 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%
Other units on the 4th floor
All 84 units in La Rive Building 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,215 sqft | AED 2.9MAED 2,900,000 · Jul 2021July 2021 | ||
| 402 | 2-bed | 1,212 sqft | AED 3.35MAED 3,350,000 · Jan 2022January 2022 | ||
| 403 | 1-bed | 818 sqft | AED 1.72MAED 1,715,000 · Jul 2019July 2019 | 130,000 /yr | |
| 404 | 4-bed | 2,711 sqft | AED 12.9MAED 12,900,000 · Sep 2024September 2024 | ||
| 405 | 3-bed | 1,898 sqft | AED 5.85MAED 5,850,000 · Oct 2022October 2022 | ||
| 406 | 1-bed | 901 sqft | AED 2.1MAED 2,100,000 · Jul 2026July 2026 | 115,500 /yr | |
| 407 | 2-bed | 1,200 sqft | AED 3.33MAED 3,330,000 · Mar 2025March 2025 | ||
| 409 | 1-bed | 788 sqft | AED 2.46MAED 2,462,000 · Oct 2023October 2023 | ||
| 410 | 1-bed | 815 sqft | AED 1.43MAED 1,432,000 · Jul 2021July 2021 | 115,000 /yr | |
| 411 | 1-bed | 815 sqft | AED 1.4MAED 1,400,000 · Aug 2021August 2021 | 132,500 /yr | |
| 412 | 2-bed | 1,212 sqft | AED 1.93MAED 1,931,350 · Dec 2019December 2019 | ||
| 413 | 1-bed | 831 sqft | AED 1.49MAED 1,494,000 · Oct 2019October 2019 | 100,000 /yr | |
| 414 | 1-bed | 832 sqft | AED 1.95MAED 1,950,000 · Jan 2022January 2022 | ||
| 415 | 4-bed | 3,214 sqft | AED 6.16MAED 6,164,550 · Nov 2019November 2019 | ||
| 416 | 2-bed | 1,212 sqft | AED 4.5MAED 4,500,000 · May 2023May 2023 |
408, La Rive Building 1 in numbers
- Sold once: by PDLM Residential on 2 May 2021 for AED 2,034,000, or AED 1,677 per sqft.
- Rented since August 2024 on 2 Ejari contracts, from AED 170,000 to AED 178,500 a year.
- At AED 178,500 a year the gross yield on the 2021 price is 8.8%.
- 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 16 August 2026.
Questions about 408, La Rive Building 1
What did unit 408 last sell for?
AED 2,034,000 on 2 May 2021, sold by the developer: AED 1,677 per sqft for 1,213 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 178,500 a year on the contract renewed on 16 August 2026. The previous contract, from August 2024, was AED 170,000.
How big is unit 408?
1,213 sqft (112.7 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2022.
What is unit 408 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 408, La Rive Building 1
Starts from the last sale price (AED 2.03M, 2 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,034,000
- Deposit, UAE resident (20%)
- AED 406,800
- Deposit, non-resident (40%)
- AED 813,600
- Monthly over 25 years at 3.7%
- AED 8,322
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →