2-bed · 1,409 sqftLa Rive Building 2, La Mer · 1st floor · completed 2022

107, La Rive Building 2

Sold prices and rental history: sold once, by the developer in October 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 2.22M26 October 2021
Current rentAED 74K /yr22 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, La Rive Building 2

What is 107 worth today?

Last sold for AED 2,217,000 in 2021

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22 Jul 2024RentedNew contract
AED 73,663/yr13 months · AED 52 per sqft
9 Jun 2023RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
26 Oct 2021Sold by developerOff-plan
AED 2,217,000AED 1,573 per sqft

Source: Dubai Land Department. Updated 22 July 2024.

Key facts

Type
2-bed apartment
Size
1,409 sqft
Floor
1st of 5
Parking
1
Developer
PDLM Residential
Completed
2022
Last sold
AED 2.22M · October 2021

About 107, La Rive Building 2

107 is a two-bedroom apartment of 1,409 sqft on the 1st floor of La Rive Building 2, a 5-storey tower in La Mer completed in 2022 by PDLM Residential . The developer sold it on 26 October 2021 for AED 2,217,000, or AED 1,573 per sqft, 5% below the AED 1,657 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 22 July 2024, is AED 73,663 a year: a gross yield of 3.3% on the 2021 price.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical two-bed in La Rive Building 2
2M3M2019202120232025Typical sale price by year: 2019 AED 2,503,000; 2020 AED 2,042,000; 2021 AED 2,022,500; 2022 AED 2,650,000; 2023 AED 3,450,000; 2024 AED 3,125,000; 2025 AED 3,375,000Sold by developer, October 2021: AED 2,217,000 (AED 1,573 per sqft)

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

Rents
Unit 107, each contractTypical two-bed in La Rive Building 2
100K200K20232024202520262027Typical rent by year: 2023 AED 160,000; 2024 AED 186,840; 2025 AED 200,000; 2026 AED 195,000New contract, June 2023: AED 80,000 a yearNew contract, July 2024: AED 73,663 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 2, and where 107 sits

All 34 2-beds →

107 last sold in October 2021 at AED 1,573 per sqft, 5% below what two-beds in La Rive Building 2 were fetching at the time (AED 1,657). Over the last 12 months two-beds sold for AED 3,000,000 to 3,300,000, around AED 2,522 per sqft, and rent for AED 158,000 to 270,000 a year. 107's AED 73,663 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jul 20263,250,000
15 Jul 20263,000,000
17 Nov 20253,300,000
15 Oct 20255,000,000
3 2-bed sales in the last 12 months

La Rive Building 2

Building

81 apartments, 1-bed to 5-bed over 5 floors in La Mer, completed in 2022 by PDLM Residential . 5 sold in the last 12 months.

Typical price per sqft
AED 2,522
Typical sale
AED 3.25M
Typical rent
AED 175K /yr
Typical yield
6.2%
La Rive Building 2, La Mer: prices, sales and rents →

Other units on the 1st floor

All 81 units in La Rive Building 2
Value
1011-bedAED 2.25M · Mar 2025
1021-bedAED 2.3M · Jun 2023
1032-bedAED 2.59M · Nov 2019
1041-bedAED 2.08M · Feb 2023
1053-bedAED 4.15M · Jan 2021
1063-bedAED 6.7M · Nov 2022
1082-bedAED 3.45M · Mar 2023
1–7 of 16

107, La Rive Building 2 in numbers

  • Sold once: by PDLM Residential on 26 October 2021 for AED 2,217,000, or AED 1,573 per sqft.
  • Rented since June 2023 on 2 Ejari contracts, from AED 80,000 to AED 73,663 a year.
  • At AED 73,663 a year the gross yield on the 2021 price is 3.3%.
  • Two-beds in La Rive Building 2 sold for AED 3,000,000–3,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,522 per sqft.

Source: Dubai Land Department. Updated 22 July 2024.

Questions about 107, La Rive Building 2

What did unit 107 last sell for?

AED 2,217,000 on 26 October 2021, sold by the developer: AED 1,573 per sqft for 1,409 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 73,663 a year on the contract signed on 22 July 2024. The previous contract, from June 2023, was AED 80,000.

How big is unit 107?

1,409 sqft (130.9 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2022.

What is unit 107 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 2 sold for AED 3,000,000 to 3,300,000 in the last 12 months, around AED 2,522 per sqft.

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Mortgage on 107, La Rive Building 2

Starts from the last sale price (AED 2.22M, 26 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,217,000
Deposit, UAE resident (20%)
AED 443,400
Deposit, non-resident (40%)
AED 886,800
Monthly over 25 years at 3.7%
AED 9,070

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