2-bed · 1,200 sqftLa Rive Building 1, La Mer · 5th floor · completed 2022

508, La Rive Building 1

Sold prices and rental history: sold once, by the developer in April 2021, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 19 April 2026
Last soldAED 2.07M14 April 2021
Current rentAED 200K /yr19 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, La Rive Building 1

What is 508 worth today?

Last sold for AED 2,074,000 in 2021

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19 Apr 2026RentedRenewal
AED 200,000/yr12 months · AED 167 per sqft
19 Apr 2025RentedRenewal
AED 200,000/yr12 months · AED 167 per sqft
19 Apr 2025RentedRenewal
AED 200,000/yr12 months · AED 167 per sqft
19 Apr 2024RentedNew contract
AED 200,000/yr12 months · AED 167 per sqft
14 Apr 2021Sold by developerOff-plan
AED 2,074,000AED 1,710 per sqft

Source: Dubai Land Department. Updated 19 April 2026.

Key facts

Type
2-bed apartment
Size
1,200 sqft
Floor
5th of 5
Parking
A-098
Developer
PDLM Residential
Completed
2022
Last sold
AED 2.07M · April 2021

About 508, La Rive Building 1

508 is a two-bedroom apartment of 1,200 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 14 April 2021 for AED 2,074,000, or AED 1,710 per sqft, 3% above the AED 1,660 two-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 19 April 2026, is AED 200,000 a year: a gross yield of 9.6% on the 2021 price.

Sales and rents for 508 over time

Sales
Unit 508, 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, April 2021: AED 2,074,000 (AED 1,710 per sqft)

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

Rents
Unit 508, 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 200,000New contract, April 2024: AED 200,000 a yearRenewal, April 2025: AED 200,000 a yearRenewal, April 2025: AED 200,000 a yearRenewal, April 2026: AED 200,000 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 508 sits

All 33 2-beds →

508 last sold in April 2021 at AED 1,710 per sqft, 3% above what two-beds in La Rive Building 1 were fetching at the time (AED 1,660). 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. 508's AED 200,000 is in the upper 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 5th floor

All 84 units in La Rive Building 1
Value
5012-bedAED 4.1M · Oct 2022
5022-bedAED 2.54M · Nov 2019
5031-bedAED 1.75M · Nov 2019
5041-bedAED 1.77M · Jul 2019
5055-bedAED 17M · Feb 2022
5061-bedAED 2.7M · Mar 2023
5072-bedAED 3M · Oct 2023
1–7 of 14

508, La Rive Building 1 in numbers

  • Sold once: by PDLM Residential on 14 April 2021 for AED 2,074,000, or AED 1,710 per sqft.
  • Rented since April 2024 on 4 Ejari contracts, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2021 price is 9.6%.
  • 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 19 April 2026.

Questions about 508, La Rive Building 1

What did unit 508 last sell for?

AED 2,074,000 on 14 April 2021, sold by the developer: AED 1,710 per sqft for 1,200 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 200,000 a year on the contract renewed on 19 April 2026. The previous contract, from April 2025, was AED 200,000; the unit has been rented since April 2024.

How big is unit 508?

1,200 sqft (111.5 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2022.

What is unit 508 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 508, La Rive Building 1

Starts from the last sale price (AED 2.07M, 14 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,074,000
Deposit, UAE resident (20%)
AED 414,800
Deposit, non-resident (40%)
AED 829,600
Monthly over 25 years at 3.7%
AED 8,485

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