1603, La Riviera Tower
Sold prices and rental history: sold once, by the developer in November 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, La Riviera Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 4 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 982 sqft
- Floor
- 16th of 34
- Parking
- B3-52
- Developer
- B&M Riviera Properties Development
- Completed
- 2006
- Service charge
- AED 13,900 /yr
- Last sold
- AED 625K · November 2012
- Building
- La Riviera Tower
About 1603, La Riviera Tower
1603 is a two-bedroom apartment of 982 sqft on the 16th 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 14 November 2012 for AED 625,000, or AED 636 per sqft, 9% below the AED 696 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 4 August 2025, is AED 104,000 a year: a gross yield of 16.6% on the 2012 price, before the service charge of about AED 13,900 a year.
Sales and rents for 1603 over time
1603 has sold once; the dashed line is the two-bed median of each year in the building.
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 1603 sits
All 120 2-beds →1603 last sold in November 2012 at AED 636 per sqft, 9% below what two-beds in La Riviera Tower were fetching at the time (AED 696). 1603's AED 104,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Jul 20251 July 2025 | 1,185 sqft | 1,780,000 | 1,502 | ||
| 7 Apr 20257 April 2025 | 982 sqft | 1,480,000 | 1,507 | ||
| 20 Mar 202520 March 2025 | 1,185 sqft | 1,750,000 | 1,476 | ||
| 6 Feb 20256 February 2025 | 1,329 sqft | 1,800,000 | 1,354 |
La Riviera Tower
Building180 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%
Other units on the 16th floor
All 180 units in La Riviera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,898 sqft | AED 2.3MAED 2,300,000 · Jan 2024January 2024 | 160,000 /yr | |
| 1602 | 3-bed | 1,824 sqft | AED 2.68MAED 2,675,000 · Feb 2026February 2026 | 157,469 /yr | |
| 1604 | 2-bed | 12 sqft | AED 21KAED 20,700 · Dec 2014December 2014 | 110,000 /yr | |
| 1605 | 2-bed | 1,185 sqft | AED 1.4MAED 1,400,000 · Jan 2023January 2023 | 60,000 /yr | |
| 1606 | 2-bed | 1,329 sqft | AED 1.63MAED 1,630,000 · Mar 2009March 2009 |
1603, La Riviera Tower in numbers
- Sold once: by B&M Riviera Properties Development on 14 November 2012 for AED 625,000, or AED 636 per sqft.
- Rented since November 2013 on 7 Ejari contracts, from AED 105,000 to AED 104,000 a year.
- At AED 104,000 a year the gross yield on the 2012 price is 16.6%, before a service charge of about AED 13,900 a year (AED 14.16 per sqft).
Source: Dubai Land Department. Updated 4 August 2025.
Questions about 1603, La Riviera Tower
What did unit 1603 last sell for?
AED 625,000 on 14 November 2012, sold by the developer: AED 636 per sqft for 982 sqft. It is the only registered sale of the unit.
What is the rent for unit 1603?
AED 104,000 a year on the contract renewed on 4 August 2025. The previous contract, from August 2024, was AED 104,000; the unit has been rented since November 2013.
How big is unit 1603?
982 sqft (91.2 sqm): a two-bedroom apartment on the 16th floor of a 34-storey tower completed in 2006.
What is unit 1603 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 1603, La Riviera Tower
Starts from the last sale price (AED 625K, 14 November 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 625,000
- Deposit, UAE resident (20%)
- AED 125,000
- Deposit, non-resident (40%)
- AED 250,000
- Monthly over 25 years at 3.7%
- AED 2,557
Plus AED 31,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →