2-bed · 1,340 sqftLa Rive Building 3, La Mer · 3rd floor · completed 2022

312, La Rive Building 3

Sold prices and rental history: sold once, by the developer in October 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 10 March 2024
Last soldAED 2.32M17 October 2019
Current rentAED 160K /yr10 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, La Rive Building 3

What is 312 worth today?

Last sold for AED 2,318,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Mar 2024RentedRenewal
AED 160,000/yr36 months · AED 119 per sqft
10 Mar 2023RentedNew contract
AED 160,000/yr12 months · AED 119 per sqft
17 Oct 2019Sold by developerOff-plan
AED 2,318,000AED 1,726 per sqft

Source: Dubai Land Department. Updated 10 March 2024.

Key facts

Type
2-bed apartment
Size
1,340 sqft
Floor
3rd of 5
Parking
C-046
Developer
PDLM Residential
Completed
2022
Last sold
AED 2.32M · October 2019

About 312, La Rive Building 3

312 is a two-bedroom apartment of 1,340 sqft on the 3rd floor of La Rive Building 3, a 5-storey tower in La Mer completed in 2022 by PDLM Residential . The developer sold it on 17 October 2019 for AED 2,318,000, or AED 1,726 per sqft, in line with the AED 1,726 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 10 March 2024, is AED 160,000 a year: a gross yield of 6.9% on the 2019 price.

Sales and rents for 312 over time

Sales
Unit 312, 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, October 2019: AED 2,318,000 (AED 1,726 per sqft)

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

Rents
Unit 312, 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, March 2023: AED 160,000 a yearRenewal, March 2024: 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 312 sits

All 35 2-beds →

312 last sold in October 2019 at AED 1,726 per sqft, in line with what two-beds in La Rive Building 3 were fetching at the time (AED 1,726). 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. 312'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 3rd floor

All 70 units in La Rive Building 3
Value
3012-bedAED 2.15M · Nov 2019
3022-bedAED 2.19M · Sep 2019
3031-bedAED 2.05M · Nov 2024
3041-bedAED 2.12M · Apr 2023
3051-bedAED 2.17M · Nov 2025
3061-bedAED 1.39M · May 2020
3071-bedAED 1.39M · Nov 2019
1–7 of 14

312, La Rive Building 3 in numbers

  • Sold once: by PDLM Residential on 17 October 2019 for AED 2,318,000, or AED 1,726 per sqft.
  • Rented since March 2023 on 2 Ejari contracts, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2019 price is 6.9%.
  • 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 10 March 2024.

Questions about 312, La Rive Building 3

What did unit 312 last sell for?

AED 2,318,000 on 17 October 2019, sold by the developer: AED 1,726 per sqft for 1,340 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 160,000 a year on the contract renewed on 10 March 2024. The previous contract, from March 2023, was AED 160,000.

How big is unit 312?

1,340 sqft (124.5 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2022.

What is unit 312 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.

Selling 312? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 312, La Rive Building 3

Starts from the last sale price (AED 2.32M, 17 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,318,000
Deposit, UAE resident (20%)
AED 463,600
Deposit, non-resident (40%)
AED 927,200
Monthly over 25 years at 3.7%
AED 9,484

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