1-bed · 837 sqftLe Pont Building 1, La Mer · 5th floor · completed 2022

502, Le Pont Building 1

Sold prices and rental history: sold 4 times, last in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 16 March 2023
Last soldAED 2.42M16 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Le Pont Building 1

What is 502 worth today?

Last sold for AED 2,420,000 in 2023

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16 Mar 2023SoldReady
AED 2,420,000AED 2,890 per sqft
8 Dec 2022SoldReady
AED 2,160,000AED 2,580 per sqft
19 Sep 2022SoldReady
AED 1,702,273AED 2,033 per sqft
11 Aug 2021Sold by developerOff-plan
AED 1,498,000AED 1,789 per sqft

Source: Dubai Land Department. Updated 16 March 2023.

Key facts

Type
1-bed apartment
Size
837 sqft
Floor
5th of 6
Parking
B-069
Developer
PDLM Residential
Completed
2022
Last sold
AED 2.42M · March 2023

About 502, Le Pont Building 1

502 is a one-bedroom apartment of 837 sqft on the 5th floor of Le Pont Building 1, a 6-storey tower in La Mer completed in 2022 by PDLM Residential . It last sold on 16 March 2023 for AED 2,420,000, or AED 2,890 per sqft, 38% above the AED 2,094 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Le Pont Building 1
1.5M2M2.5M2021202220232024Typical sale price by year: 2021 AED 1,440,000; 2022 AED 1,738,068; 2023 AED 2,040,000Sold by developer, August 2021: AED 1,498,000 (AED 1,789 per sqft)Sold, September 2022: AED 1,702,273 (AED 2,033 per sqft)Sold, December 2022: AED 2,160,000 (AED 2,580 per sqft)Sold, March 2023: AED 2,420,000 (AED 2,890 per sqft)

502 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 502, each contractTypical one-bed in Le Pont Building 1
120K125K2024202520262027Typical rent by year: 2024 AED 120,000; 2025 AED 128,000; 2026 AED 118,000

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 502 sits

All 15 1-beds →

502 last sold in March 2023 at AED 2,890 per sqft, 38% above what one-beds in Le Pont Building 1 were fetching at the time (AED 2,094).

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20252,400,000
10 Apr 20252,497,200
2 Feb 20232,040,000
10 Jan 20231,880,000
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 5th floor

All 31 units in Le Pont Building 1
Value
5014-bedAED 10.3M · Nov 2022
5032-bedAED 3.1M · Nov 2022
5043-bedAED 7.28M · Nov 2022

502, Le Pont Building 1 in numbers

  • Sold 4 times: first on 11 August 2021 for AED 1,498,000, last on 16 March 2023 for AED 2,420,000 (AED 2,890 per sqft).

Source: Dubai Land Department. Updated 16 March 2023.

Questions about 502, Le Pont Building 1

What did unit 502 last sell for?

AED 2,420,000 on 16 March 2023: AED 2,890 per sqft for 837 sqft. The unit has 4 registered sales; the first was AED 1,498,000 in August 2021.

How big is unit 502?

837 sqft (77.8 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2022.

What is unit 502 worth today?

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

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Mortgage on 502, Le Pont Building 1

Starts from the last sale price (AED 2.42M, 16 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,420,000
Deposit, UAE resident (20%)
AED 484,000
Deposit, non-resident (40%)
AED 968,000
Monthly over 25 years at 3.7%
AED 9,901

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