2-bed · 1,217 sqftLa Rive Building 3, La Mer · 2nd floor · completed 2022

215, La Rive Building 3

Sold prices and rental history: sold twice, last in May 2022, and rented once, from June 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 5 June 2023
Last soldAED 2.7M26 May 2022
Current rentAED 160K /yr5 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, La Rive Building 3

What is 215 worth today?

Last sold for AED 2,700,000 in 2022

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5 Jun 2023RentedNew contract
AED 160,000/yr12 months · AED 133 per sqft
26 May 2022SoldOff-plan
AED 2,700,000AED 2,218 per sqft
27 Nov 2019Sold by developerOff-plan
AED 1,993,000AED 1,637 per sqft

Source: Dubai Land Department. Updated 5 June 2023.

Key facts

Type
2-bed apartment
Size
1,217 sqft
Floor
2nd of 5
Parking
1
Developer
PDLM Residential
Completed
2022
Last sold
AED 2.7M · May 2022

About 215, La Rive Building 3

215 is a two-bedroom apartment of 1,217 sqft on the 2nd floor of La Rive Building 3, a 5-storey tower in La Mer completed in 2022 by PDLM Residential . It last sold on 26 May 2022 for AED 2,700,000, or AED 2,218 per sqft, in line with the AED 2,218 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 June 2023. The current contract, signed on 5 June 2023, is AED 160,000 a year: a gross yield of 5.9% on the 2022 price.

Sales and rents for 215 over time

Sales
Unit 215, 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, November 2019: AED 1,993,000 (AED 1,637 per sqft)Sold, May 2022: AED 2,700,000 (AED 2,218 per sqft)

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

Rents
Unit 215, each contractTypical two-bed in La Rive Building 3
150K200K20232024202520262027Typical rent by year: 2023 AED 172,500; 2024 AED 190,529; 2025 AED 220,000; 2026 AED 180,000New contract, June 2023: AED 160,000 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 3, and where 215 sits

All 35 2-beds →

215 last sold in May 2022 at AED 2,218 per sqft, in line with what two-beds in La Rive Building 3 were fetching at the time (AED 2,218). 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. 215's AED 160,000 is in the lower 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

215, La Rive Building 3 in numbers

  • Sold twice: first on 27 November 2019 for AED 1,993,000, last on 26 May 2022 for AED 2,700,000 (AED 2,218 per sqft).
  • Rented since June 2023 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2022 price is 5.9%.
  • 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 5 June 2023.

Questions about 215, La Rive Building 3

What did unit 215 last sell for?

AED 2,700,000 on 26 May 2022: AED 2,218 per sqft for 1,217 sqft. The unit has 2 registered sales; the first was AED 1,993,000 in November 2019.

What is the rent for unit 215?

AED 160,000 a year on the contract signed on 5 June 2023.

How big is unit 215?

1,217 sqft (113.1 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2022.

What is unit 215 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 215, La Rive Building 3

Starts from the last sale price (AED 2.7M, 26 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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