2-bed · 982 sqftLa Riviera Tower, Dubai Marina · 15th floor · completed 2006

1503, La Riviera Tower

Sold prices and rental history: sold once, by the developer in January 2010, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 19 February 2025
Last soldAED 308K13 January 2010
Current rentAED 120K /yr19 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, La Riviera Tower

What is 1503 worth today?

Last sold for AED 307,500 in 2010

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19 Feb 2025RentedNew contract
AED 120,000/yr12 months · AED 123 per sqft
20 Feb 2024RentedRenewal
AED 120,000/yr12 months · AED 123 per sqft
20 Feb 2023RentedNew contract
AED 100,000/yr12 months · AED 102 per sqft
20 Feb 2022RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft
13 Jan 2010Sold by developerReady
AED 307,500AED 313 per sqft

Source: Dubai Land Department. Updated 19 February 2025.

Key facts

Type
2-bed apartment
Size
982 sqft
Floor
15th of 34
Parking
B2-72
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 13,900 /yr
Last sold
AED 308K · January 2010

About 1503, La Riviera Tower

1503 is a two-bedroom apartment of 982 sqft on the 15th 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 13 January 2010 for AED 307,500, or AED 313 per sqft, 51% below the AED 643 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 19 February 2025, is AED 120,000 a year: a gross yield of 39.0% on the 2010 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical two-bed in La Riviera Tower
1M2008201320182023Typical 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, January 2010: AED 307,500 (AED 313 per sqft)

1503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, 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, February 2022: AED 90,000 a yearNew contract, February 2023: AED 100,000 a yearRenewal, February 2024: AED 120,000 a yearNew contract, February 2025: AED 120,000 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 1503 sits

All 120 2-beds →

1503 last sold in January 2010 at AED 313 per sqft, 51% below what two-beds in La Riviera Tower were fetching at the time (AED 643). 1503's AED 120,000 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 110K /yr
Typical yield
6.9%
La Riviera Tower, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 180 units in La Riviera Tower
Value
15023-bedAED 1.07M · Nov 2008
15042-bedAED 1.12M · Sep 2023
15052-bedAED 1.38M · Sep 2023
15062-bedAED 1.7M · Jan 2025

1503, La Riviera Tower in numbers

  • Sold once: by B&M Riviera Properties Development on 13 January 2010 for AED 307,500, or AED 313 per sqft.
  • Rented since February 2022 on 4 Ejari contracts, from AED 90,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2010 price is 39.0%, before a service charge of about AED 13,900 a year (AED 14.16 per sqft).

Source: Dubai Land Department. Updated 19 February 2025.

Questions about 1503, La Riviera Tower

What did unit 1503 last sell for?

AED 307,500 on 13 January 2010, sold by the developer: AED 313 per sqft for 982 sqft. It is the only registered sale of the unit.

What is the rent for unit 1503?

AED 120,000 a year on the contract signed on 19 February 2025. The previous contract, from February 2024, was AED 120,000; the unit has been rented since February 2022.

How big is unit 1503?

982 sqft (91.2 sqm): a two-bedroom apartment on the 15th floor of a 34-storey tower completed in 2006.

What is unit 1503 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 1503, La Riviera Tower

Starts from the last sale price (AED 308K, 13 January 2010). Switch to today's estimate once you have unlocked it.
Price
AED 307,500
Deposit, UAE resident (20%)
AED 61,500
Deposit, non-resident (40%)
AED 123,000
Monthly over 25 years at 3.7%
AED 1,258

Plus AED 15,825 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →