1-bed · 818 sqftLa Rive Building 1, La Mer · 5th floor · completed 2022

503, 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 503 · DLD and Ejari recordsUpdated 25 November 2019
Last soldAED 1.75M25 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, La Rive Building 1

What is 503 worth today?

Last sold for AED 1,745,000 in 2019

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25 Nov 2019Sold by developerOff-plan
AED 1,745,000AED 2,133 per sqft

Source: Dubai Land Department. Updated 25 November 2019.

Key facts

Type
1-bed apartment
Size
818 sqft
Floor
5th of 5
Parking
1
Developer
PDLM Residential
Completed
2022
Last sold
AED 1.75M · November 2019

About 503, La Rive Building 1

503 is a one-bedroom apartment of 818 sqft on the 5th floor of La Rive Building 1, a 5-storey tower in La Mer completed in 2022 by PDLM Residential . The developer sold it on 25 November 2019 for AED 1,745,000, or AED 2,133 per sqft, 12% above the AED 1,911 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in La Rive Building 1
1.5M2M201920212023Typical sale price by year: 2019 AED 1,617,000; 2021 AED 1,414,000; 2022 AED 1,850,000; 2023 AED 2,200,000Sold by developer, November 2019: AED 1,745,000 (AED 2,133 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in La Rive Building 1
110K115K120K20232024202520262027Typical rent by year: 2023 AED 115,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 110,125

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

1-beds in La Rive Building 1, and where 503 sits

All 37 1-beds →

503 last sold in November 2019 at AED 2,133 per sqft, 12% above what one-beds in La Rive Building 1 were fetching at the time (AED 1,911). Over the last 12 months one-beds sold for AED 2,100,000, around AED 2,332 per sqft, and rent for AED 95,000 to 150,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jul 20262,100,000
28 Feb 20252,300,000
22 Jan 20252,350,000
16 Oct 20232,462,000
1 1-bed sale 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 5th floor

All 84 units in La Rive Building 1
Value
5012-bedAED 4.1M · Oct 2022
5022-bedAED 2.54M · Nov 2019
5041-bedAED 1.77M · Jul 2019
5055-bedAED 17M · Feb 2022
5061-bedAED 2.7M · Mar 2023
5072-bedAED 3M · Oct 2023
5082-bedAED 2.07M · Apr 2021
1–7 of 14

503, La Rive Building 1 in numbers

  • Sold once: by PDLM Residential on 25 November 2019 for AED 1,745,000, or AED 2,133 per sqft.
  • One-beds in La Rive Building 1 sold for AED 2,100,000–2,100,000 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 25 November 2019.

Questions about 503, La Rive Building 1

What did unit 503 last sell for?

AED 1,745,000 on 25 November 2019, sold by the developer: AED 2,133 per sqft for 818 sqft. It is the only registered sale of the unit.

How big is unit 503?

818 sqft (76.0 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2022.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in La Rive Building 1 sold for AED 2,100,000 to 2,100,000 in the last 12 months, around AED 2,332 per sqft.

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Mortgage on 503, La Rive Building 1

Starts from the last sale price (AED 1.75M, 25 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,745,000
Deposit, UAE resident (20%)
AED 349,000
Deposit, non-resident (40%)
AED 698,000
Monthly over 25 years at 3.7%
AED 7,139

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