2-bed · 1,225 sqftLa Riviera Tower, Dubai Marina · 3rd floor · completed 2006

304, La Riviera Tower

Sold prices and rental history: sold 3 times, last in April 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 6 December 2024
Last soldAED 1.24M30 April 2013
Current rentAED 140K /yr6 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, La Riviera Tower

What is 304 worth today?

Last sold for AED 1,236,116 in 2013

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6 Dec 2024RentedNew contract
AED 140,000/yr12 months · AED 114 per sqft
1 Oct 2020RentedNew contract
AED 60,000/yr12 months · AED 49 per sqft
20 Feb 2019RentedNew contract
AED 85,000/yr12 months · AED 69 per sqft
10 Jan 2015RentedNew contract
AED 145,000/yr12 months · AED 118 per sqft
30 Apr 2013SoldReady
AED 1,236,116AED 1,009 per sqft
18 Dec 2011SoldReady
AED 1,005,000AED 820 per sqft
5 Oct 2011Sold by developerReady
AED 740,250AED 604 per sqft

Source: Dubai Land Department. Updated 6 December 2024.

Key facts

Type
2-bed apartment
Size
1,225 sqft
Floor
3rd of 34
Parking
B1-39
Developer
B&M Riviera Properties Development
Completed
2006
Service charge
AED 17,300 /yr
Last sold
AED 1.24M · April 2013

About 304, La Riviera Tower

304 is a two-bedroom apartment of 1,225 sqft on the 3rd 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 30 April 2013 for AED 1,236,116, or AED 1,009 per sqft, 44% above the AED 700 two-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 6 December 2024, is AED 140,000 a year: a gross yield of 11.3% on the 2013 price, before the service charge of about AED 17,300 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, October 2011: AED 740,250 (AED 604 per sqft)Sold, December 2011: AED 1,005,000 (AED 820 per sqft)Sold, April 2013: AED 1,236,116 (AED 1,009 per sqft)

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

Rents
Unit 304, 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, January 2015: AED 145,000 a yearNew contract, February 2019: AED 85,000 a yearNew contract, October 2020: AED 60,000 a yearNew contract, December 2024: AED 140,000 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 304 sits

All 120 2-beds →

304 last sold in April 2013 at AED 1,009 per sqft, 44% above what two-beds in La Riviera Tower were fetching at the time (AED 700). 304's AED 140,000 is in the upper 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 3rd floor

All 180 units in La Riviera Tower
Value
3013-bedAED 1.65M · Jun 2013
3023-bedAED 693K · May 2009
3032-bedAED 1.26M · Mar 2023
3052-bedAED 1.35M · Jul 2013
3062-bedAED 1.2M · Oct 2009

304, La Riviera Tower in numbers

  • Sold 3 times: first on 5 October 2011 for AED 740,250, last on 30 April 2013 for AED 1,236,116 (AED 1,009 per sqft).
  • Rented since January 2015 on 4 Ejari contracts. The rent fell from AED 145,000 to AED 60,000 in 2020 and recovered to AED 140,000 by December 2024.
  • At AED 140,000 a year the gross yield on the 2013 price is 11.3%, before a service charge of about AED 17,300 a year (AED 14.16 per sqft).

Source: Dubai Land Department. Updated 6 December 2024.

Questions about 304, La Riviera Tower

What did unit 304 last sell for?

AED 1,236,116 on 30 April 2013: AED 1,009 per sqft for 1,225 sqft. The unit has 3 registered sales; the first was AED 740,250 in October 2011.

What is the rent for unit 304?

AED 140,000 a year on the contract signed on 6 December 2024. The previous contract, from October 2020, was AED 60,000; the unit has been rented since January 2015.

How big is unit 304?

1,225 sqft (113.8 sqm): a two-bedroom apartment on the 3rd floor of a 34-storey tower completed in 2006.

What is unit 304 worth today?

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Mortgage on 304, La Riviera Tower

Starts from the last sale price (AED 1.24M, 30 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,236,116
Deposit, UAE resident (20%)
AED 247,223
Deposit, non-resident (40%)
AED 494,446
Monthly over 25 years at 3.7%
AED 5,057

Plus AED 56,927 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →