1-bed · 809 sqftLa Rive Building 2, La Mer · 5th floor · completed 2022

509, La Rive Building 2

Sold prices and rental history: sold twice, last in July 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 10 July 2023
Last soldAED 2.35M10 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, La Rive Building 2

What is 509 worth today?

Last sold for AED 2,350,000 in 2023

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10 Jul 2023SoldReady
AED 2,350,000AED 2,903 per sqft
8 Jul 2019Sold by developerOff-plan
AED 1,464,000AED 1,788 per sqft

Source: Dubai Land Department. Updated 10 July 2023.

Key facts

Type
1-bed apartment
Size
809 sqft
Floor
5th of 5
Parking
B-059
Developer
PDLM Residential
Completed
2022
Last sold
AED 2.35M · July 2023

About 509, La Rive Building 2

509 is a one-bedroom apartment of 809 sqft on the 5th floor of La Rive Building 2, a 5-storey tower in La Mer completed in 2022 by PDLM Residential . It last sold on 10 July 2023 for AED 2,350,000, or AED 2,903 per sqft, 3% above the AED 2,811 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical one-bed in La Rive Building 2
1.5M2M2.5M2019202120232025Typical sale price by year: 2019 AED 1,674,500; 2021 AED 1,434,000; 2022 AED 1,850,000; 2023 AED 2,350,000; 2024 AED 1,810,000Sold by developer, July 2019: AED 1,464,000 (AED 1,788 per sqft)Sold, July 2023: AED 2,350,000 (AED 2,903 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in La Rive Building 2
120K20232024202520262027Typical rent by year: 2023 AED 115,000; 2024 AED 119,669; 2025 AED 127,500; 2026 AED 120,000

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 2, and where 509 sits

All 30 1-beds →

509 last sold in July 2023 at AED 2,903 per sqft, 3% above what one-beds in La Rive Building 2 were fetching at the time (AED 2,811). Over the last 12 months one-beds sold for AED 2,225,000, around AED 2,041 per sqft, and rent for AED 100,000 to 149,598 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Mar 20262,225,000
2 Sep 20253,400,000
28 Mar 20252,250,000
24 Dec 20242,400,000
1 1-bed sale 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 5th floor

All 81 units in La Rive Building 2
Value
5012-bedAED 3M · Jul 2026
5021-bedAED 3.4M · Mar 2023
5032-bedAED 3.05M · Oct 2021
5041-bedAED 1.78M · Nov 2019
5055-bedAED 28M · Oct 2022
5062-bedAED 3.3M · Nov 2025
5072-bedAED 2.7M · Dec 2022
1–7 of 14

509, La Rive Building 2 in numbers

  • Sold twice: first on 8 July 2019 for AED 1,464,000, last on 10 July 2023 for AED 2,350,000 (AED 2,903 per sqft).
  • One-beds in La Rive Building 2 sold for AED 2,225,000–2,225,000 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 10 July 2023.

Questions about 509, La Rive Building 2

What did unit 509 last sell for?

AED 2,350,000 on 10 July 2023: AED 2,903 per sqft for 809 sqft. The unit has 2 registered sales; the first was AED 1,464,000 in July 2019.

How big is unit 509?

809 sqft (75.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2022.

What is unit 509 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 2 sold for AED 2,225,000 to 2,225,000 in the last 12 months, around AED 2,041 per sqft.

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Mortgage on 509, La Rive Building 2

Starts from the last sale price (AED 2.35M, 10 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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