1-bed · 789 sqftLe Pont Building 3, La Mer · 5th floor · completed 2022

505, Le Pont Building 3

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

Unit 505 · DLD and Ejari recordsUpdated 28 July 2023
Last soldAED 2.09M4 March 2022
Current rentAED 100K /yr28 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Le Pont Building 3

What is 505 worth today?

Last sold for AED 2,089,945 in 2022

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28 Jul 2023RentedNew contract
AED 100,000/yr12 months · AED 127 per sqft
4 Mar 2022SoldOff-plan
AED 2,089,945AED 2,649 per sqft
5 Nov 2019Sold by developerOff-plan
AED 1,365,000AED 1,730 per sqft

Source: Dubai Land Department. Updated 28 July 2023.

Key facts

Type
1-bed apartment
Size
789 sqft
Floor
5th of 6
Parking
G-099
Developer
PDLM Residential
Completed
2022
Last sold
AED 2.09M · March 2022

About 505, Le Pont Building 3

505 is a one-bedroom apartment of 789 sqft on the 5th floor of Le Pont Building 3, a 6-storey tower in La Mer completed in 2022 by PDLM Residential . It last sold on 4 March 2022 for AED 2,089,945, or AED 2,649 per sqft, 6% above the AED 2,501 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 July 2023. The current contract, signed on 28 July 2023, is AED 100,000 a year: a gross yield of 4.8% on the 2022 price.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Le Pont Building 3
1.5M2M2.5M20192021202320252027Typical sale price by year: 2019 AED 1,445,000; 2021 AED 2,025,000; 2022 AED 2,000,000; 2023 AED 2,137,564; 2024 AED 2,200,000; 2025 AED 2,465,000; 2026 AED 2,300,000Sold by developer, November 2019: AED 1,365,000 (AED 1,730 per sqft)Sold, March 2022: AED 2,089,945 (AED 2,649 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Le Pont Building 3
100K120K140K20232024202520262027Typical rent by year: 2023 AED 120,000; 2024 AED 133,333; 2025 AED 135,000; 2026 AED 124,000New contract, July 2023: 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 3, and where 505 sits

All 43 1-beds →

505 last sold in March 2022 at AED 2,649 per sqft, 6% above what one-beds in Le Pont Building 3 were fetching at the time (AED 2,501). Over the last 12 months one-beds sold for AED 1,850,000 to 2,400,000, around AED 2,915 per sqft, and rent for AED 105,000 to 210,000 a year. 505's AED 100,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jun 20262,300,000
5 Jun 20261,850,000
11 Feb 20262,360,000
30 Dec 202552,485
6 1-bed sales 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 5th floor

All 89 units in Le Pont Building 3
Value
5014-bedAED 8.49M · Oct 2021
5021-bedAED 1.95M · May 2022
5032-bedAED 3.05M · Dec 2022
5042-bedAED 2.75M · Jan 2023
5061-bedAED 2.03M · Nov 2021
5071-bedAED 2.09M · Oct 2022
5082-bedAED 2.7M · Dec 2022
1–7 of 13

505, Le Pont Building 3 in numbers

  • Sold twice: first on 5 November 2019 for AED 1,365,000, last on 4 March 2022 for AED 2,089,945 (AED 2,649 per sqft).
  • Rented since July 2023 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 4.8%.
  • One-beds in Le Pont Building 3 sold for AED 1,850,000–2,400,000 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 28 July 2023.

Questions about 505, Le Pont Building 3

What did unit 505 last sell for?

AED 2,089,945 on 4 March 2022: AED 2,649 per sqft for 789 sqft. The unit has 2 registered sales; the first was AED 1,365,000 in November 2019.

What is the rent for unit 505?

AED 100,000 a year on the contract signed on 28 July 2023.

How big is unit 505?

789 sqft (73.3 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2022.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Le Pont Building 3 sold for AED 1,850,000 to 2,400,000 in the last 12 months, around AED 2,915 per sqft.

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Mortgage on 505, Le Pont Building 3

Starts from the last sale price (AED 2.09M, 4 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,089,945
Deposit, UAE resident (20%)
AED 417,989
Deposit, non-resident (40%)
AED 835,978
Monthly over 25 years at 3.7%
AED 8,551

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