1-bed · 788 sqftLe Pont Building 1, La Mer · 3rd floor · completed 2022

302, Le Pont Building 1

Sold prices and rental history: sold 3 times, last in November 2022, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 18 November 2022
Last soldAED 2M8 November 2022
Current rentAED 100K /yr18 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Le Pont Building 1

What is 302 worth today?

Last sold for AED 2,000,000 in 2022

Unlock today's estimate, updated daily, with

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

18 Nov 2022RentedNew contract
AED 100,000/yr12 months · AED 127 per sqft
8 Nov 2022SoldReady
AED 2,000,000AED 2,537 per sqft
15 Sep 2022SoldReady
AED 1,636,364AED 2,075 per sqft
6 Jun 2021Sold by developerOff-plan
AED 1,440,000AED 1,826 per sqft

Source: Dubai Land Department. Updated 18 November 2022.

Key facts

Type
1-bed apartment
Size
788 sqft
Floor
3rd of 6
Parking
B-014
Developer
PDLM Residential
Completed
2022
Last sold
AED 2M · November 2022

About 302, Le Pont Building 1

302 is a one-bedroom apartment of 788 sqft on the 3rd floor of Le Pont Building 1, a 6-storey tower in La Mer completed in 2022 by PDLM Residential . It last sold on 8 November 2022 for AED 2,000,000, or AED 2,537 per sqft, 26% above the AED 2,017 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 November 2022. The current contract, signed on 18 November 2022, is AED 100,000 a year: a gross yield of 5.0% on the 2022 price.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical one-bed in Le Pont Building 1
1.5M2M2021202220232024Typical sale price by year: 2021 AED 1,440,000; 2022 AED 1,738,068; 2023 AED 2,040,000Sold by developer, June 2021: AED 1,440,000 (AED 1,826 per sqft)Sold, September 2022: AED 1,636,364 (AED 2,075 per sqft)Sold, November 2022: AED 2,000,000 (AED 2,537 per sqft)

302 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 302, each contractTypical one-bed in Le Pont Building 1
100K120K202220242026Typical rent by year: 2024 AED 120,000; 2025 AED 128,000; 2026 AED 118,000New contract, November 2022: AED 100,000 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 Le Pont Building 1, and where 302 sits

All 15 1-beds →

302 last sold in November 2022 at AED 2,537 per sqft, 26% above what one-beds in Le Pont Building 1 were fetching at the time (AED 2,017). 302's AED 100,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20252,400,000
10 Apr 20252,497,200
16 Mar 20232,420,000
2 Feb 20232,040,000
0 1-bed sales in the last 12 months

Le Pont Building 1

Building

31 apartments, 1-bed to 4-bed over 6 floors in La Mer, completed in 2022 by PDLM Residential . 1 sold in the last 12 months.

Typical price per sqft
AED 3,837
Typical sale
AED 9.35M
Typical rent
AED 300K /yr
Typical yield
4.3%
Le Pont Building 1, La Mer: prices, sales and rents →

Other units on the 3rd floor

All 31 units in Le Pont Building 1
Value
3013-bedAED 7.4M · Nov 2022
3031-bedAED 2.05M · Dec 2022
3041-bedAED 2.04M · Feb 2023
3052-bedAED 3.8M · Mar 2023
3063-bedAED 7.4M · Jan 2023

302, Le Pont Building 1 in numbers

  • Sold 3 times: first on 6 June 2021 for AED 1,440,000, last on 8 November 2022 for AED 2,000,000 (AED 2,537 per sqft).
  • Rented since November 2022 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 5.0%.

Source: Dubai Land Department. Updated 18 November 2022.

Questions about 302, Le Pont Building 1

What did unit 302 last sell for?

AED 2,000,000 on 8 November 2022: AED 2,537 per sqft for 788 sqft. The unit has 3 registered sales; the first was AED 1,440,000 in June 2021.

What is the rent for unit 302?

AED 100,000 a year on the contract signed on 18 November 2022.

How big is unit 302?

788 sqft (73.2 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2022.

What is unit 302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 302? 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 302, Le Pont Building 1

Starts from the last sale price (AED 2M, 8 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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