2-bed · 1,185 sqftLa Riviera Tower, Dubai Marina · 14th floor · completed 2006

1405, La Riviera Tower

Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 735K3 November 2008
Current rentAED 95K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, La Riviera Tower

What is 1405 worth today?

Last sold for AED 735,000 in 2008

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1 Oct 2024RentedRenewal
AED 95,000/yr12 months · AED 80 per sqft
1 Oct 2024RentedRenewal
AED 95,000/yr12 months · AED 80 per sqft
1 Oct 2023RentedRenewal
AED 84,000/yr12 months · AED 71 per sqft
1 Oct 2022RentedRenewal
AED 75,000/yr12 months · AED 63 per sqft
1 Oct 2021RentedRenewal
AED 65,000/yr12 months · AED 55 per sqft
1 Oct 2020RentedNew contract
AED 65,000/yr12 months · AED 55 per sqft
15 Jul 2019RentedRenewal
AED 75,000/yr12 months · AED 63 per sqft
15 Jul 2018RentedRenewal
AED 85,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,185 sqft
Floor
14th of 34
Parking
B3-64
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 16,800 /yr
Last sold
AED 735K · November 2008

About 1405, La Riviera Tower

1405 is a two-bedroom apartment of 1,185 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 3 November 2008 for AED 735,000, or AED 620 per sqft, 8% below the AED 672 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 95,000 a year: a gross yield of 12.9% on the 2008 price, before the service charge of about AED 16,800 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, each saleTypical two-bed in La Riviera Tower
1M1.5M2008201320182023Typical 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, November 2008: AED 735,000 (AED 620 per sqft)

1405 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1405, each contractTypical two-bed in La Riviera Tower
100K2012201620202024Typical 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, July 2013: AED 85,000 a yearRenewal, July 2017: AED 85,000 a yearRenewal, July 2018: AED 85,000 a yearRenewal, July 2019: AED 75,000 a yearNew contract, October 2020: AED 65,000 a yearRenewal, October 2021: AED 65,000 a yearRenewal, October 2022: AED 75,000 a yearRenewal, October 2023: AED 84,000 a yearRenewal, October 2024: AED 95,000 a yearRenewal, October 2024: AED 95,000 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 1405 sits

All 120 2-beds →

1405 last sold in November 2008 at AED 620 per sqft, 8% below what two-beds in La Riviera Tower were fetching at the time (AED 672). 1405's AED 95,000 is at the bottom 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 110K /yr
Typical yield
6.9%
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
14032-bedAED 674K · Jul 2013
14042-bedAED 735K · May 2009
14062-bedAED 1.5M · Jul 2023

1405, La Riviera Tower in numbers

  • Sold once: by B&M Riviera Properties Development on 3 November 2008 for AED 735,000, or AED 620 per sqft.
  • Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 85,000 to AED 65,000 in 2021 and recovered to AED 95,000 by October 2024.
  • At AED 95,000 a year the gross yield on the 2008 price is 12.9%, before a service charge of about AED 16,800 a year (AED 14.16 per sqft).

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 1405, La Riviera Tower

What did unit 1405 last sell for?

AED 735,000 on 3 November 2008, sold by the developer: AED 620 per sqft for 1,185 sqft. It is the only registered sale of the unit.

What is the rent for unit 1405?

AED 95,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2024, was AED 95,000; the unit has been rented since July 2013.

How big is unit 1405?

1,185 sqft (110.1 sqm): a two-bedroom apartment on the 14th floor of a 34-storey tower completed in 2006.

What is unit 1405 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 1405, La Riviera Tower

Starts from the last sale price (AED 735K, 3 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 735,000
Deposit, UAE resident (20%)
AED 147,000
Deposit, non-resident (40%)
AED 294,000
Monthly over 25 years at 3.7%
AED 3,007

Plus AED 35,880 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →