2-bed · 1,212 sqftLa Rive Building 3, La Mer · 4th floor · completed 2022

408, La Rive Building 3

Sold prices and rental history: sold once, by the developer in September 2019, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 2.13M16 September 2019
Current rentAED 180K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, La Rive Building 3

What is 408 worth today?

Last sold for AED 2,131,000 in 2019

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1 Feb 2026RentedNew contract
AED 180,000/yr12 months · AED 150 per sqft
1 Sep 2025RentedRenewal
AED 220,000/yr3 months · AED 184 per sqft
16 Sep 2019Sold by developerOff-plan
AED 2,131,000AED 1,758 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
2-bed apartment
Size
1,212 sqft
Floor
4th of 5
Parking
1
Developer
PDLM Residential
Completed
2022
Last sold
AED 2.13M · September 2019

About 408, La Rive Building 3

408 is a two-bedroom apartment of 1,212 sqft on the 4th 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 2,131,000, or AED 1,758 per sqft, in line with the AED 1,734 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 February 2026, is AED 180,000 a year: a gross yield of 8.5% on the 2019 price.

Sales and rents for 408 over time

Sales
Unit 408, 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 2,131,000 (AED 1,758 per sqft)

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

Rents
Unit 408, 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, September 2025: AED 220,000 a yearNew contract, February 2026: AED 180,000 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 408 sits

All 35 2-beds →

408 last sold in September 2019 at AED 1,758 per sqft, in line with 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. 408's AED 180,000 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 4th floor

All 70 units in La Rive Building 3
Value
4012-bedAED 3.38M · Mar 2023
4022-bedAED 3.15M · May 2023
4031-bedAED 2.01M · Jan 2023
4041-bedAED 1.9M · Dec 2025
4051-bedAED 2.05M · Feb 2026
4061-bedAED 1.41M · Jun 2021
4071-bedAED 2.25M · Dec 2024
1–7 of 14

408, La Rive Building 3 in numbers

  • Sold once: by PDLM Residential on 16 September 2019 for AED 2,131,000, or AED 1,758 per sqft.
  • Rented since September 2025 on 2 Ejari contracts, from AED 220,000 to AED 180,000 a year.
  • At AED 180,000 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 1 February 2026.

Questions about 408, La Rive Building 3

What did unit 408 last sell for?

AED 2,131,000 on 16 September 2019, sold by the developer: AED 1,758 per sqft for 1,212 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 180,000 a year on the contract signed on 1 February 2026. The previous contract, from September 2025, was AED 220,000.

How big is unit 408?

1,212 sqft (112.6 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2022.

What is unit 408 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 408, La Rive Building 3

Starts from the last sale price (AED 2.13M, 16 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,131,000
Deposit, UAE resident (20%)
AED 426,200
Deposit, non-resident (40%)
AED 852,400
Monthly over 25 years at 3.7%
AED 8,719

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