3-bed · 1,531 sqftLa Riviera Tower, Dubai Marina · 2nd floor · completed 2006

205, La Riviera Tower

Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 25 November 2020
Last soldAED 1M25 November 2020
Current rentAED 105K /yr1 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, La Riviera Tower

What is 205 worth today?

Last sold for AED 1,000,000 in 2020

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25 Nov 2020SoldReady
AED 1,000,000AED 653 per sqft
1 Sep 2019RentedNew contract
AED 105,000/yr12 months · AED 69 per sqft
1 Sep 2018RentedNew contract
AED 115,000/yr12 months · AED 75 per sqft
6 Aug 2017RentedRenewal
AED 175,000/yr12 months · AED 114 per sqft
6 Aug 2015RentedNew contract
AED 165,000/yr12 months · AED 108 per sqft
2 Oct 2013Sold by developerReady
AED 957,420AED 625 per sqft

Source: Dubai Land Department. Updated 25 November 2020.

Key facts

Type
3-bed apartment
Size
1,531 sqft
Floor
2nd of 34
Parking
B1-66
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 21,700 /yr
Last sold
AED 1M · November 2020

About 205, La Riviera Tower

205 is a three-bedroom apartment of 1,531 sqft on the 2nd 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 25 November 2020 for AED 1,000,000, or AED 653 per sqft, 5% below the AED 684 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 1 September 2019, is AED 105,000 a year: a gross yield of 10.5% on the 2020 price, before the service charge of about AED 21,700 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical three-bed in La Riviera Tower
1M2M2008201320182023Typical sale price by year: 2008 AED 1,440,600; 2009 AED 1,105,000; 2010 AED 1,370,000; 2011 AED 1,300,075; 2012 AED 1,450,000; 2013 AED 1,600,000; 2014 AED 1,724,600; 2019 AED 1,525,000; 2021 AED 1,495,000; 2023 AED 2,100,000; 2024 AED 2,350,000Sold by developer, October 2013: AED 957,420 (AED 625 per sqft)Sold, November 2020: AED 1,000,000 (AED 653 per sqft)

205 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 205, each contractTypical three-bed in La Riviera Tower
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 135,000; 2014 AED 149,500; 2015 AED 165,000; 2016 AED 160,000; 2017 AED 153,000; 2018 AED 140,000; 2019 AED 120,000; 2020 AED 95,000; 2021 AED 95,000; 2022 AED 115,000; 2023 AED 136,125; 2024 AED 165,000; 2025 AED 172,500New contract, August 2015: AED 165,000 a yearRenewal, August 2017: AED 175,000 a yearNew contract, September 2018: AED 115,000 a yearNew contract, September 2019: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in La Riviera Tower, and where 205 sits

All 44 3-beds →

205 last sold in November 2020 at AED 653 per sqft, 5% below what three-beds in La Riviera Tower were fetching at the time (AED 684). Over the last 12 months three-beds sold for AED 2,675,000, around AED 1,466 per sqft, and rent for AED 158,304 to 180,000 a year. 205's AED 105,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Feb 20262,675,000
24 Jul 20252,650,000
1 Oct 20243,100,000
13 Mar 20242,400,000
1 3-bed sale 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 2nd floor

All 180 units in La Riviera Tower
Value
2012-bedAED 1.75M · Feb 2015
2023-bedAED 1.5M · Feb 2019
2031-bedAED 945K · Mar 2015
2042-bedAED 1.1M · Apr 2022

205, La Riviera Tower in numbers

  • Sold twice: first on 2 October 2013 for AED 957,420, last on 25 November 2020 for AED 1,000,000 (AED 653 per sqft).
  • Rented since August 2015 on 4 Ejari contracts, from AED 165,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2020 price is 10.5%, before a service charge of about AED 21,700 a year (AED 14.16 per sqft).
  • Three-beds in La Riviera Tower sold for AED 2,675,000–2,675,000 in the 12 months to November 2026; the building's median across all types is AED 1,466 per sqft.

Source: Dubai Land Department. Updated 25 November 2020.

Questions about 205, La Riviera Tower

What did unit 205 last sell for?

AED 1,000,000 on 25 November 2020: AED 653 per sqft for 1,531 sqft. The unit has 2 registered sales; the first was AED 957,420 in October 2013.

What is the rent for unit 205?

AED 105,000 a year on the contract signed on 1 September 2019. The previous contract, from September 2018, was AED 115,000; the unit has been rented since August 2015.

How big is unit 205?

1,531 sqft (142.2 sqm): a three-bedroom apartment on the 2nd floor of a 34-storey tower completed in 2006.

What is unit 205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in La Riviera Tower sold for AED 2,675,000 to 2,675,000 in the last 12 months, around AED 1,466 per sqft.

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Mortgage on 205, La Riviera Tower

Starts from the last sale price (AED 1M, 25 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →