2-bed · 1,212 sqftLa Rive Building 3, La Mer · 1st floor · completed 2022

112, La Rive Building 3

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

Unit 112 · DLD and Ejari recordsUpdated 7 March 2023
Last soldAED 3.15M7 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, La Rive Building 3

What is 112 worth today?

Last sold for AED 3,150,000 in 2023

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7 Mar 2023SoldReady
AED 3,150,000AED 2,599 per sqft
31 Mar 2021Sold by developerOff-plan
AED 1,939,000AED 1,593 per sqft

Source: Dubai Land Department. Updated 7 March 2023.

Key facts

Type
2-bed apartment
Size
1,212 sqft
Floor
1st of 5
Parking
C-004
Developer
PDLM Residential
Completed
2022
Last sold
AED 3.15M · March 2023

About 112, La Rive Building 3

112 is a two-bedroom apartment of 1,212 sqft on the 1st floor of La Rive Building 3, a 5-storey tower in La Mer completed in 2022 by PDLM Residential . It last sold on 7 March 2023 for AED 3,150,000, or AED 2,599 per sqft, 15% above the AED 2,265 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical two-bed in La Rive Building 3
2M3M201920212023Typical sale price by year: 2019 AED 2,138,000; 2020 AED 2,107,000; 2021 AED 2,069,000; 2022 AED 2,725,000; 2023 AED 3,350,000Sold by developer, March 2021: AED 1,939,000 (AED 1,593 per sqft)Sold, March 2023: AED 3,150,000 (AED 2,599 per sqft)

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

Rents
Unit 112, each contractTypical two-bed in La Rive Building 3
175K200K225K20232024202520262027Typical rent by year: 2023 AED 172,500; 2024 AED 190,529; 2025 AED 220,000; 2026 AED 180,000

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 3, and where 112 sits

All 35 2-beds →

112 last sold in March 2023 at AED 2,599 per sqft, 15% above what two-beds in La Rive Building 3 were fetching at the time (AED 2,265). Over the last 12 months two-beds sold for AED 3,450,000 to 4,000,000, around AED 2,973 per sqft, and rent for AED 140,000 to 240,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Sep 20264,000,000
10 Sep 20263,450,000
30 Jun 20253,500,000
29 Mar 20243,100,000
2 2-bed sales in the last 12 months

La Rive Building 3

Building

70 apartments, 1-bed to 3-bed over 5 floors in La Mer, completed in 2022 by PDLM Residential . 7 sold in the last 12 months.

Typical price per sqft
AED 2,875
Typical sale
AED 2.3M
Typical rent
AED 155K /yr
Typical yield
4.9%
La Rive Building 3, La Mer: prices, sales and rents →

Other units on the 1st floor

All 70 units in La Rive Building 3
Value
1012-bedAED 2.07M · Jan 2021
1022-bedAED 2.7M · May 2022
1031-bedAED 1.43M · May 2021
1041-bedAED 1.65M · Nov 2022
1051-bedAED 2M · Dec 2022
1061-bedAED 1.33M · Nov 2019
1071-bedAED 1.95M · Apr 2023
1–7 of 11

112, La Rive Building 3 in numbers

  • Sold twice: first on 31 March 2021 for AED 1,939,000, last on 7 March 2023 for AED 3,150,000 (AED 2,599 per sqft).
  • Two-beds in La Rive Building 3 sold for AED 3,450,000–4,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,875 per sqft.

Source: Dubai Land Department. Updated 7 March 2023.

Questions about 112, La Rive Building 3

What did unit 112 last sell for?

AED 3,150,000 on 7 March 2023: AED 2,599 per sqft for 1,212 sqft. The unit has 2 registered sales; the first was AED 1,939,000 in March 2021.

How big is unit 112?

1,212 sqft (112.6 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2022.

What is unit 112 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 3 sold for AED 3,450,000 to 4,000,000 in the last 12 months, around AED 2,973 per sqft.

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Mortgage on 112, La Rive Building 3

Starts from the last sale price (AED 3.15M, 7 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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