2-bed · 1,343 sqftLa Rive Building 3, La Mer · 2nd floor · completed 2022

212, La Rive Building 3

Sold prices and rental history: sold once, by the developer in September 2019, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 2 July 2024
Last soldAED 2.25M16 September 2019
Current rentAED 191K /yr2 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, La Rive Building 3

What is 212 worth today?

Last sold for AED 2,252,000 in 2019

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2 Jul 2024RentedRenewal
AED 190,529/yr12 months · AED 143 per sqft
16 Sep 2019Sold by developerOff-plan
AED 2,252,000AED 1,676 per sqft

Source: Dubai Land Department. Updated 2 July 2024.

Key facts

Type
2-bed apartment
Size
1,343 sqft
Floor
2nd of 5
Parking
1
Developer
PDLM Residential
Completed
2022
Last sold
AED 2.25M · September 2019

About 212, La Rive Building 3

212 is a two-bedroom apartment of 1,343 sqft on the 2nd floor of La Rive Building 3, a 5-storey tower in La Mer completed in 2022 by PDLM Residential . The developer sold it on 16 September 2019 for AED 2,252,000, or AED 1,676 per sqft, 3% below the AED 1,734 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 July 2024. The current contract, renewed on 2 July 2024, is AED 190,529 a year: a gross yield of 8.5% on the 2019 price.

Sales and rents for 212 over time

Sales
Unit 212, 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, September 2019: AED 2,252,000 (AED 1,676 per sqft)

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

Rents
Unit 212, 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 180,000Renewal, July 2024: AED 190,529 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 3, and where 212 sits

All 35 2-beds →

212 last sold in September 2019 at AED 1,676 per sqft, 3% below what two-beds in La Rive Building 3 were fetching at the time (AED 1,734). 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. 212's AED 190,529 is in the upper half of that range.

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 2nd floor

All 70 units in La Rive Building 3
Value
2012-bedAED 2.08M · Jan 2020
2022-bedAED 3.44M · Mar 2023
2031-bedAED 1.88M · Apr 2026
2041-bedAED 1.37M · Apr 2021
2051-bedAED 1.9M · Feb 2023
2061-bedAED 1.34M · Oct 2019
2071-bedAED 1.5M · Feb 2022
1–7 of 14

212, La Rive Building 3 in numbers

  • Sold once: by PDLM Residential on 16 September 2019 for AED 2,252,000, or AED 1,676 per sqft.
  • Rented since July 2024 on one Ejari contract, at AED 190,529 a year.
  • At AED 190,529 a year the gross yield on the 2019 price is 8.5%.
  • 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 2 July 2024.

Questions about 212, La Rive Building 3

What did unit 212 last sell for?

AED 2,252,000 on 16 September 2019, sold by the developer: AED 1,676 per sqft for 1,343 sqft. It is the only registered sale of the unit.

What is the rent for unit 212?

AED 190,529 a year on the contract renewed on 2 July 2024.

How big is unit 212?

1,343 sqft (124.8 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2022.

What is unit 212 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 212, La Rive Building 3

Starts from the last sale price (AED 2.25M, 16 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,252,000
Deposit, UAE resident (20%)
AED 450,400
Deposit, non-resident (40%)
AED 900,800
Monthly over 25 years at 3.7%
AED 9,214

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