2-bed · 982 sqftLa Riviera Tower, Dubai Marina · 14th floor · completed 2006

1403, La Riviera Tower

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 674K15 July 2013
Current rentAED 105K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, La Riviera Tower

What is 1403 worth today?

Last sold for AED 674,000 in 2013

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1 Jun 2024RentedRenewal
AED 105,000/yr12 months · AED 107 per sqft
5 Oct 2022RentedRenewal
AED 74,400/yr6 months · AED 76 per sqft
5 Oct 2021RentedNew contract
AED 62,000/yr12 months · AED 63 per sqft
1 Oct 2020RentedNew contract
AED 57,000/yr12 months · AED 58 per sqft
24 Jun 2019RentedNew contract
AED 74,000/yr12 months · AED 76 per sqft
1 Mar 2018RentedNew contract
AED 105,000/yr12 months · AED 107 per sqft
11 Mar 2017RentedNew contract
AED 110,000/yr12 months · AED 112 per sqft
12 Jan 2016RentedNew contract
AED 112,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
982 sqft
Floor
14th of 34
Parking
B1-74
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 13,900 /yr
Last sold
AED 674K · July 2013

About 1403, La Riviera Tower

1403 is a two-bedroom apartment of 982 sqft on the 14th floor of La Riviera Tower, a 34-storey tower in Dubai Marina completed in 2006 by B&M Riviera Properties Development. The developer sold it on 15 July 2013 for AED 674,000, or AED 686 per sqft, in line with the AED 695 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 105,000 a year: a gross yield of 15.6% on the 2013 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, each saleTypical two-bed in La Riviera Tower
500K1M1.5M2008201320182023Typical sale price by year: 2008 AED 770,585; 2009 AED 808,500; 2010 AED 786,000; 2011 AED 862,500; 2012 AED 819,650; 2013 AED 809,750; 2014 AED 945,000; 2015 AED 1,450,000; 2016 AED 1,300,000; 2017 AED 1,375,000; 2018 AED 1,132,500; 2020 AED 1,000,000; 2021 AED 957,500; 2022 AED 1,120,000; 2023 AED 1,340,000; 2024 AED 1,603,625; 2025 AED 1,725,000Sold by developer, July 2013: AED 674,000 (AED 686 per sqft)

1403 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1403, each contractTypical two-bed in La Riviera Tower
50K100K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 90,000; 2014 AED 110,000; 2015 AED 125,000; 2016 AED 115,000; 2017 AED 115,000; 2018 AED 100,000; 2019 AED 85,000; 2020 AED 70,000; 2021 AED 65,000; 2022 AED 80,000; 2023 AED 94,875; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 135,000New contract, January 2016: AED 112,000 a yearNew contract, March 2017: AED 110,000 a yearNew contract, March 2018: AED 105,000 a yearNew contract, June 2019: AED 74,000 a yearNew contract, October 2020: AED 57,000 a yearNew contract, October 2021: AED 62,000 a yearRenewal, October 2022: AED 74,400 a yearRenewal, June 2024: AED 105,000 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 La Riviera Tower, and where 1403 sits

All 120 2-beds →

1403 last sold in July 2013 at AED 686 per sqft, in line with what two-beds in La Riviera Tower were fetching at the time (AED 695). 1403's AED 105,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Jul 20251,780,000
7 Apr 20251,480,000
20 Mar 20251,750,000
6 Feb 20251,800,000
0 2-bed sales in the last 12 months

La Riviera Tower

Building

180 apartments, 1-bed to 4-bed over 34 floors in Dubai Marina, completed in 2006 by B&M Riviera Properties Development. 1 sold in the last 12 months.

Typical price per sqft
AED 1,466
Typical sale
AED 2.68M
Typical rent
AED 120K /yr
Typical yield
7.0%
La Riviera Tower, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 180 units in La Riviera Tower
Value
14013-bedAED 975K · Dec 2012
14023-bedAED 1.77M · Feb 2011
14042-bedAED 735K · May 2009
14052-bedAED 735K · Nov 2008
14062-bedAED 1.5M · Jul 2023

1403, La Riviera Tower in numbers

  • Sold once: by B&M Riviera Properties Development on 15 July 2013 for AED 674,000, or AED 686 per sqft.
  • Rented since January 2016 on 8 Ejari contracts. The rent fell from AED 112,000 to AED 57,000 in 2020 and recovered to AED 105,000 by June 2024.
  • At AED 105,000 a year the gross yield on the 2013 price is 15.6%, before a service charge of about AED 13,900 a year (AED 14.16 per sqft).

Source: Dubai Land Department. Updated 1 June 2024.

Questions about 1403, La Riviera Tower

What did unit 1403 last sell for?

AED 674,000 on 15 July 2013, sold by the developer: AED 686 per sqft for 982 sqft. It is the only registered sale of the unit.

What is the rent for unit 1403?

AED 105,000 a year on the contract renewed on 1 June 2024. The previous contract, from October 2022, was AED 74,400; the unit has been rented since January 2016.

How big is unit 1403?

982 sqft (91.2 sqm): a two-bedroom apartment on the 14th floor of a 34-storey tower completed in 2006.

What is unit 1403 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 1403, La Riviera Tower

Starts from the last sale price (AED 674K, 15 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 674,000
Deposit, UAE resident (20%)
AED 134,800
Deposit, non-resident (40%)
AED 269,600
Monthly over 25 years at 3.7%
AED 2,758

Plus AED 33,318 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →