1-bed · 792 sqftLa Rive Building 3, La Mer · 5th floor · completed 2022

509, La Rive Building 3

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

Unit 509 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.51M28 October 2019
Current rentAED 118K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, La Rive Building 3

What is 509 worth today?

Last sold for AED 1,507,000 in 2019

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1 Sep 2024RentedRenewal
AED 118,000/yr12 months · AED 150 per sqft
1 Sep 2024RentedRenewal
AED 118,000/yr12 months · AED 150 per sqft
28 Oct 2019Sold by developerOff-plan
AED 1,507,000AED 1,897 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
792 sqft
Floor
5th of 5
Parking
C-075
Developer
PDLM Residential
Completed
2022
Last sold
AED 1.51M · October 2019

About 509, La Rive Building 3

509 is a one-bedroom apartment of 792 sqft on the 5th floor of La Rive Building 3, a 5-storey tower in La Mer completed in 2022 by PDLM Residential . The developer sold it on 28 October 2019 for AED 1,507,000, or AED 1,897 per sqft, in line with the AED 1,859 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 118,000 a year: a gross yield of 7.8% on the 2019 price.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical one-bed in La Rive Building 3
1.5M2M2019202120232025Typical sale price by year: 2019 AED 1,460,000; 2020 AED 1,396,000; 2021 AED 1,412,500; 2022 AED 1,650,000; 2023 AED 1,950,000; 2024 AED 2,115,000; 2025 AED 2,185,000Sold by developer, October 2019: AED 1,507,000 (AED 1,897 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in La Rive Building 3
110K120K20232024202520262027Typical rent by year: 2023 AED 105,000; 2024 AED 115,000; 2025 AED 125,000; 2026 AED 105,000Renewal, September 2024: AED 118,000 a yearRenewal, September 2024: AED 118,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in La Rive Building 3, and where 509 sits

All 33 1-beds →

509 last sold in October 2019 at AED 1,897 per sqft, in line with what one-beds in La Rive Building 3 were fetching at the time (AED 1,859). Over the last 12 months one-beds sold for AED 1,880,000 to 2,300,000, around AED 2,458 per sqft, and rent for AED 70,000 to 150,000 a year. 509's AED 118,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Apr 20261,880,000
17 Feb 20262,050,000
25 Dec 20251,900,000
11 Nov 20252,300,000
4 1-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 5th floor

All 70 units in La Rive Building 3
Value
5013-bedAED 8.2M · Nov 2024
5021-bedAED 2.3M · Nov 2025
5031-bedAED 1.46M · Nov 2019
5041-bedAED 2.16M · Nov 2023
5051-bedAED 1.44M · Oct 2022
5061-bedAED 2.2M · May 2024
5072-bedAED 2.75M · Mar 2022
1–7 of 12

509, La Rive Building 3 in numbers

  • Sold once: by PDLM Residential on 28 October 2019 for AED 1,507,000, or AED 1,897 per sqft.
  • Rented since September 2024 on 2 Ejari contracts, at AED 118,000 a year.
  • At AED 118,000 a year the gross yield on the 2019 price is 7.8%.
  • One-beds in La Rive Building 3 sold for AED 1,880,000–2,300,000 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 September 2024.

Questions about 509, La Rive Building 3

What did unit 509 last sell for?

AED 1,507,000 on 28 October 2019, sold by the developer: AED 1,897 per sqft for 792 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 118,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2024, was AED 118,000.

How big is unit 509?

792 sqft (73.6 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2022.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in La Rive Building 3 sold for AED 1,880,000 to 2,300,000 in the last 12 months, around AED 2,458 per sqft.

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Mortgage on 509, La Rive Building 3

Starts from the last sale price (AED 1.51M, 28 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,507,000
Deposit, UAE resident (20%)
AED 301,400
Deposit, non-resident (40%)
AED 602,800
Monthly over 25 years at 3.7%
AED 6,166

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