2-bed · 1,213 sqftLe Pont Building 3, La Mer · 3rd floor · completed 2022

316, Le Pont Building 3

Sold prices and rental history: sold twice, last in June 2022, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 18 February 2023
Last soldAED 2.92M22 June 2022
Current rentAED 140K /yr18 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Le Pont Building 3

What is 316 worth today?

Last sold for AED 2,924,328 in 2022

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18 Feb 2023RentedNew contract
AED 140,000/yr12 months · AED 115 per sqft
22 Jun 2022SoldOff-plan
AED 2,924,328AED 2,410 per sqft
17 Nov 2019Sold by developerOff-plan
AED 2,310,000AED 1,904 per sqft

Source: Dubai Land Department. Updated 18 February 2023.

Key facts

Type
2-bed apartment
Size
1,213 sqft
Floor
3rd of 6
Parking
B-042
Developer
PDLM Residential
Completed
2022
Last sold
AED 2.92M · June 2022

About 316, Le Pont Building 3

316 is a two-bedroom apartment of 1,213 sqft on the 3rd floor of Le Pont Building 3, a 6-storey tower in La Mer completed in 2022 by PDLM Residential . It last sold on 22 June 2022 for AED 2,924,328, or AED 2,410 per sqft, in line with the AED 2,406 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 February 2023. The current contract, signed on 18 February 2023, is AED 140,000 a year: a gross yield of 4.8% on the 2022 price.

Sales and rents for 316 over time

Sales
Unit 316, each saleTypical two-bed in Le Pont Building 3
2M3M2019202120232025Typical sale price by year: 2019 AED 1,936,000; 2021 AED 2,804,230; 2022 AED 2,952,240; 2023 AED 3,650,000; 2024 AED 3,250,000Sold by developer, November 2019: AED 2,310,000 (AED 1,904 per sqft)Sold, June 2022: AED 2,924,328 (AED 2,410 per sqft)

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

Rents
Unit 316, each contractTypical two-bed in Le Pont Building 3
150K200K20232024202520262027Typical rent by year: 2023 AED 200,000; 2024 AED 205,000; 2025 AED 220,000; 2026 AED 192,002New contract, February 2023: AED 140,000 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 Le Pont Building 3, and where 316 sits

All 34 2-beds →

316 last sold in June 2022 at AED 2,410 per sqft, in line with what two-beds in Le Pont Building 3 were fetching at the time (AED 2,406). Over the last 12 months two-beds sold for AED 4,500,000, around AED 3,709 per sqft, and rent for AED 100,000 to 255,452 a year. 316's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Dec 20254,500,000
19 Dec 20243,800,000
5 Sep 20244,700,000
7 Jun 20242,870,000
1 2-bed sale in the last 12 months

Le Pont Building 3

Building

89 apartments, 1-bed to 4-bed over 6 floors in La Mer, completed in 2022 by PDLM Residential . 7 sold in the last 12 months.

Typical price per sqft
AED 2,921
Typical sale
AED 2.34M
Typical rent
AED 180K /yr
Typical yield
5.4%
Le Pont Building 3, La Mer: prices, sales and rents →

Other units on the 3rd floor

All 89 units in Le Pont Building 3
Value
3011-bedAED 2.45M · Jul 2024
3023-bedAED 4.89M · Jun 2022
3031-bedAED 2.47M · Apr 2025
3042-bedAED 3.25M · Feb 2024
3052-bedAED 3.25M · Mar 2024
3061-bedAED 2.25M · Mar 2024
3071-bedAED 2.2M · Feb 2024
1–7 of 15

316, Le Pont Building 3 in numbers

  • Sold twice: first on 17 November 2019 for AED 2,310,000, last on 22 June 2022 for AED 2,924,328 (AED 2,410 per sqft).
  • Rented since February 2023 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 4.8%.
  • Two-beds in Le Pont Building 3 sold for AED 4,500,000–4,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,921 per sqft.

Source: Dubai Land Department. Updated 18 February 2023.

Questions about 316, Le Pont Building 3

What did unit 316 last sell for?

AED 2,924,328 on 22 June 2022: AED 2,410 per sqft for 1,213 sqft. The unit has 2 registered sales; the first was AED 2,310,000 in November 2019.

What is the rent for unit 316?

AED 140,000 a year on the contract signed on 18 February 2023.

How big is unit 316?

1,213 sqft (112.7 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2022.

What is unit 316 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Le Pont Building 3 sold for AED 4,500,000 to 4,500,000 in the last 12 months, around AED 3,709 per sqft.

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Mortgage on 316, Le Pont Building 3

Starts from the last sale price (AED 2.92M, 22 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,924,328
Deposit, UAE resident (20%)
AED 584,866
Deposit, non-resident (40%)
AED 1,169,731
Monthly over 25 years at 3.7%
AED 11,964

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