2-bed · 1,329 sqftLa Riviera Tower, Dubai Marina · 23rd floor · completed 2006

2306, La Riviera Tower

Sold prices and rental history: sold once, by the developer in June 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2306 · DLD and Ejari recordsUpdated 28 August 2024
Last soldAED 835K28 June 2012
Current rentAED 110K /yr28 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2306, La Riviera Tower

What is 2306 worth today?

Last sold for AED 835,000 in 2012

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28 Aug 2024RentedRenewal
AED 110,000/yr12 months · AED 83 per sqft
28 Aug 2023RentedRenewal
AED 100,000/yr12 months · AED 75 per sqft
28 Aug 2022RentedNew contract
AED 87,000/yr12 months · AED 65 per sqft
28 Aug 2020RentedRenewal
AED 90,000/yr12 months · AED 68 per sqft
28 Aug 2019RentedRenewal
AED 98,500/yr12 months · AED 74 per sqft
28 Aug 2018RentedNew contract
AED 108,000/yr12 months · AED 81 per sqft
28 Aug 2017RentedNew contract
AED 115,000/yr12 months · AED 87 per sqft
9 Aug 2015RentedNew contract
AED 130,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 28 August 2024.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
23rd of 34
Parking
B3-16
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 18,800 /yr
Last sold
AED 835K · June 2012

About 2306, La Riviera Tower

2306 is a two-bedroom apartment of 1,329 sqft on the 23rd 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 28 June 2012 for AED 835,000, or AED 628 per sqft, 7% below the AED 676 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 28 August 2024, is AED 110,000 a year: a gross yield of 13.2% on the 2012 price, before the service charge of about AED 18,800 a year.

Sales and rents for 2306 over time

Sales
Unit 2306, 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, June 2012: AED 835,000 (AED 628 per sqft)

2306 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2306, 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, August 2015: AED 130,000 a yearNew contract, August 2017: AED 115,000 a yearNew contract, August 2018: AED 108,000 a yearRenewal, August 2019: AED 98,500 a yearRenewal, August 2020: AED 90,000 a yearNew contract, August 2022: AED 87,000 a yearRenewal, August 2023: AED 100,000 a yearRenewal, August 2024: AED 110,000 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 2306 sits

All 120 2-beds →

2306 last sold in June 2012 at AED 628 per sqft, 7% below what two-beds in La Riviera Tower were fetching at the time (AED 676). 2306's AED 110,000 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 120K /yr
Typical yield
7.0%
La Riviera Tower, Dubai Marina: prices, sales and rents →

Other units on the 23rd floor

All 180 units in La Riviera Tower
Value
23013-bedAED 1.14M · Mar 2012
23023-bedAED 3.1M · Oct 2024
23032-bedAED 635K · Nov 2008
23042-bedAED 910K · Jun 2021
23052-bedAED 1.78M · Jul 2025

2306, La Riviera Tower in numbers

  • Sold once: by B&M Riviera Properties Development on 28 June 2012 for AED 835,000, or AED 628 per sqft.
  • Rented since August 2015 on 8 Ejari contracts. The rent fell from AED 130,000 to AED 87,000 in 2022 and recovered to AED 110,000 by August 2024.
  • At AED 110,000 a year the gross yield on the 2012 price is 13.2%, before a service charge of about AED 18,800 a year (AED 14.16 per sqft).

Source: Dubai Land Department. Updated 28 August 2024.

Questions about 2306, La Riviera Tower

What did unit 2306 last sell for?

AED 835,000 on 28 June 2012, sold by the developer: AED 628 per sqft for 1,329 sqft. It is the only registered sale of the unit.

What is the rent for unit 2306?

AED 110,000 a year on the contract renewed on 28 August 2024. The previous contract, from August 2023, was AED 100,000; the unit has been rented since August 2015.

How big is unit 2306?

1,329 sqft (123.5 sqm): a two-bedroom apartment on the 23rd floor of a 34-storey tower completed in 2006.

What is unit 2306 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 2306, La Riviera Tower

Starts from the last sale price (AED 835K, 28 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 835,000
Deposit, UAE resident (20%)
AED 167,000
Deposit, non-resident (40%)
AED 334,000
Monthly over 25 years at 3.7%
AED 3,416

Plus AED 40,080 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →