2-bed · 1,185 sqftLa Riviera Tower, Dubai Marina · 16th floor · completed 2006

1605, La Riviera Tower

Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 19 December 2024
Last soldAED 1.4M11 January 2023
Current rentAED 60K /yr19 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, La Riviera Tower

What is 1605 worth today?

Last sold for AED 1,400,000 in 2023

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19 Dec 2024RentedNew contract
AED 60,000/yr12 months · AED 51 per sqft
19 Dec 2023RentedNew contract
AED 60,000/yr12 months · AED 51 per sqft
1 Nov 2023RentedNew contract
AED 50,000/yr12 months · AED 42 per sqft
22 Jul 2023RentedRenewal
AED 90,000/yr12 months · AED 76 per sqft
11 Jan 2023SoldReady
AED 1,400,000AED 1,181 per sqft
22 Jul 2022RentedNew contract
AED 90,000/yr12 months · AED 76 per sqft
4 Oct 2015SoldReady
AED 1,500,000AED 1,265 per sqft
29 Jul 2013Sold by developerReady
AED 745,000AED 628 per sqft

Source: Dubai Land Department. Updated 19 December 2024.

Key facts

Type
2-bed apartment
Size
1,185 sqft
Floor
16th of 34
Parking
B1-33
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 16,800 /yr
Last sold
AED 1.4M · January 2023

About 1605, La Riviera Tower

1605 is a two-bedroom apartment of 1,185 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. It last sold on 11 January 2023 for AED 1,400,000, or AED 1,181 per sqft, 22% above the AED 970 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 19 December 2024, is AED 60,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 16,800 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, 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, July 2013: AED 745,000 (AED 628 per sqft)Sold, October 2015: AED 1,500,000 (AED 1,265 per sqft)Sold, January 2023: AED 1,400,000 (AED 1,181 per sqft)

1605 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605, each contractTypical two-bed in La Riviera Tower
50K100K150K2012201620202024Typical 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 2022: AED 90,000 a yearRenewal, July 2023: AED 90,000 a yearNew contract, November 2023: AED 50,000 a yearNew contract, December 2023: AED 60,000 a yearNew contract, December 2024: AED 60,000 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 1605 sits

All 120 2-beds →

1605 last sold in January 2023 at AED 1,181 per sqft, 22% above what two-beds in La Riviera Tower were fetching at the time (AED 970). 1605's AED 60,000 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 120K /yr
Typical yield
7.0%
La Riviera Tower, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 180 units in La Riviera Tower
Value
16013-bedAED 2.3M · Jan 2024
16023-bedAED 2.68M · Feb 2026
16032-bedAED 625K · Nov 2012
16042-bedAED 21K · Dec 2014
16062-bedAED 1.63M · Mar 2009

1605, La Riviera Tower in numbers

  • Sold 3 times: first on 29 July 2013 for AED 745,000, last on 11 January 2023 for AED 1,400,000 (AED 1,181 per sqft).
  • Rented since July 2022 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 50,000 in 2023 and recovered to AED 60,000 by December 2024.
  • At AED 60,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 16,800 a year (AED 14.16 per sqft).

Source: Dubai Land Department. Updated 19 December 2024.

Questions about 1605, La Riviera Tower

What did unit 1605 last sell for?

AED 1,400,000 on 11 January 2023: AED 1,181 per sqft for 1,185 sqft. The unit has 3 registered sales; the first was AED 745,000 in July 2013.

What is the rent for unit 1605?

AED 60,000 a year on the contract signed on 19 December 2024. The previous contract, from December 2023, was AED 60,000; the unit has been rented since July 2022.

How big is unit 1605?

1,185 sqft (110.1 sqm): a two-bedroom apartment on the 16th floor of a 34-storey tower completed in 2006.

What is unit 1605 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 1605, La Riviera Tower

Starts from the last sale price (AED 1.4M, 11 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →