2-bed · 1,207 sqftLe Pont Building 3, La Mer · 5th floor · completed 2022

508, Le Pont Building 3

Sold prices and rental history: sold twice, last in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 8 December 2022
Last soldAED 2.7M8 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Le Pont Building 3

What is 508 worth today?

Last sold for AED 2,700,000 in 2022

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8 Dec 2022SoldReady
AED 2,700,000AED 2,237 per sqft
5 Nov 2019Sold by developerOff-plan
AED 1,906,000AED 1,579 per sqft

Source: Dubai Land Department. Updated 8 December 2022.

Key facts

Type
2-bed apartment
Size
1,207 sqft
Floor
5th of 6
Parking
B-030
Developer
PDLM Residential
Completed
2022
Last sold
AED 2.7M · December 2022

About 508, Le Pont Building 3

508 is a two-bedroom apartment of 1,207 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 8 December 2022 for AED 2,700,000, or AED 2,237 per sqft, 8% below the AED 2,421 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, 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 1,906,000 (AED 1,579 per sqft)Sold, December 2022: AED 2,700,000 (AED 2,237 per sqft)

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

Rents
Unit 508, each contractTypical two-bed in Le Pont Building 3
200K220K20232024202520262027Typical rent by year: 2023 AED 200,000; 2024 AED 205,000; 2025 AED 220,000; 2026 AED 192,002

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 508 sits

All 34 2-beds →

508 last sold in December 2022 at AED 2,237 per sqft, 8% below what two-beds in Le Pont Building 3 were fetching at the time (AED 2,421). 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.

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 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
5051-bedAED 2.09M · Mar 2022
5061-bedAED 2.03M · Nov 2021
5071-bedAED 2.09M · Oct 2022
1–7 of 13

508, Le Pont Building 3 in numbers

  • Sold twice: first on 5 November 2019 for AED 1,906,000, last on 8 December 2022 for AED 2,700,000 (AED 2,237 per sqft).
  • 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 8 December 2022.

Questions about 508, Le Pont Building 3

What did unit 508 last sell for?

AED 2,700,000 on 8 December 2022: AED 2,237 per sqft for 1,207 sqft. The unit has 2 registered sales; the first was AED 1,906,000 in November 2019.

How big is unit 508?

1,207 sqft (112.1 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2022.

What is unit 508 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 508, Le Pont Building 3

Starts from the last sale price (AED 2.7M, 8 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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