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2-bed · 716 sqftCBD 34 Riviera Lake View, International City · 5th floor

511, CBD 34 Riviera Lake View

Sold prices and rental history: sold once, by the developer in February 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 10 January 2024
Last soldAED 318K24 February 2009
Current rentAED 36K /yr10 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, CBD 34 Riviera Lake View

What is 511 worth today?

Last sold for AED 318,000 in 2009

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10 Jan 2024RentedRenewal
AED 36,300/yr12 months · AED 51 per sqft
10 Jan 2023RentedNew contract
AED 33,000/yr12 months · AED 46 per sqft
20 Dec 2021RentedNew contract
AED 30,000/yr12 months · AED 42 per sqft
1 Dec 2020RentedNew contract
AED 27,000/yr12 months · AED 37 per sqft
20 Aug 2019RentedRenewal
AED 38,000/yr12 months · AED 53 per sqft
20 Aug 2018RentedRenewal
AED 43,000/yr12 months · AED 60 per sqft
20 Aug 2016RentedRenewal
AED 54,000/yr12 months · AED 75 per sqft
5 Aug 2014RentedNew contract
AED 44,000/yr12 months · AED 61 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 January 2024.

Key facts

Type
2-bed apartment
Size
716 sqft
Floor
5th of 10
Parking
UB-07
Service charge
AED 5,800 /yr
Last sold
AED 318K · February 2009
Building
CBD 34 Riviera Lake View

About 511, CBD 34 Riviera Lake View

511 is a two-bedroom apartment of 716 sqft on the 5th floor of CBD 34 Riviera Lake View, a 10-storey tower in International City. The developer sold it on 24 February 2009 for AED 318,000, or AED 444 per sqft, in line with the AED 439 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 10 January 2024, is AED 36,300 a year: a gross yield of 11.4% on the 2009 price, before the service charge of about AED 5,800 a year.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical two-bed in CBD 34 Riviera Lake View
200K400K600K2008201320182023Typical sale price by year: 2008 AED 323,000; 2009 AED 322,000; 2010 AED 314,000; 2012 AED 359,000; 2013 AED 425,000; 2014 AED 322,000; 2015 AED 590,000; 2016 AED 562,500; 2017 AED 495,000; 2018 AED 245,000; 2019 AED 405,000; 2023 AED 391,000; 2024 AED 455,000; 2025 AED 470,000Sold by developer, February 2009: AED 318,000 (AED 444 per sqft)

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

Rents
Unit 511, each contractTypical two-bed in CBD 34 Riviera Lake View
40K2012201620202024Typical rent by year: 2012 AED 31,000; 2013 AED 35,500; 2014 AED 48,000; 2015 AED 50,000; 2016 AED 52,717; 2017 AED 48,000; 2018 AED 41,000; 2019 AED 38,000; 2020 AED 29,000; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 33,000; 2024 AED 37,000; 2025 AED 42,500; 2026 AED 48,000New contract, August 2013: AED 40,000 a yearNew contract, August 2014: AED 44,000 a yearRenewal, August 2016: AED 54,000 a yearRenewal, August 2018: AED 43,000 a yearRenewal, August 2019: AED 38,000 a yearNew contract, December 2020: AED 27,000 a yearNew contract, December 2021: AED 30,000 a yearNew contract, January 2023: AED 33,000 a yearRenewal, January 2024: AED 36,300 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 CBD 34 Riviera Lake View, and where 511 sits

All 62 2-beds →

511 last sold in February 2009 at AED 444 per sqft, in line with what two-beds in CBD 34 Riviera Lake View were fetching at the time (AED 439). Over the last 12 months two-beds sold for AED 418,500, around AED 565 per sqft, and rent for AED 33,600 to 54,000 a year. 511's AED 36,300 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jan 2026418,500
30 Jul 2025500,000
11 Feb 2025470,000
6 Feb 2025470,000
1 2-bed sale in the last 12 months

CBD 34 Riviera Lake View

Building

205 apartments, studios to 2-bed over 10 floors in International City. 2 sold in the last 12 months.

Typical price per sqft
AED 638
Typical sale
AED 369K
Typical rent
AED 40K /yr
Typical yield
11.2%
CBD 34 Riviera Lake View, International City: prices, sales and rents →

Other units on the 5th floor

All 205 units in CBD 34 Riviera Lake View
Value
5012-bedAED 550K · Aug 2013
5021-bedAED 199K · Aug 2009
5032-bedAED 420K · Aug 2024
5041-bedAED 197K · Mar 2009
5051-bedAED 435K · Aug 2016
5062-bedAED 296K · Aug 2008
5071-bedAED 198K · Mar 2009
1–7 of 20

511, CBD 34 Riviera Lake View in numbers

  • Sold once: by the developer on 24 February 2009 for AED 318,000, or AED 444 per sqft.
  • Rented since August 2013 on 9 Ejari contracts. The rent fell from AED 40,000 to AED 27,000 in 2020 and recovered to AED 36,300 by January 2024.
  • At AED 36,300 a year the gross yield on the 2009 price is 11.4%, before a service charge of about AED 5,800 a year (AED 8.09 per sqft).
  • Two-beds in CBD 34 Riviera Lake View sold for AED 418,500–418,500 in the 12 months to November 2026; the building's median across all types is AED 638 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 January 2024.

Questions about 511, CBD 34 Riviera Lake View

What did unit 511 last sell for?

AED 318,000 on 24 February 2009, sold by the developer: AED 444 per sqft for 716 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 36,300 a year on the contract renewed on 10 January 2024. The previous contract, from January 2023, was AED 33,000; the unit has been rented since August 2013.

How big is unit 511?

716 sqft (66.5 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower.

What is unit 511 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in CBD 34 Riviera Lake View sold for AED 418,500 to 418,500 in the last 12 months, around AED 565 per sqft.

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Mortgage on 511, CBD 34 Riviera Lake View

Starts from the last sale price (AED 318K, 24 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 318,000
Deposit, UAE resident (20%)
AED 63,600
Deposit, non-resident (40%)
AED 127,200
Monthly over 25 years at 3.7%
AED 1,301

Plus AED 16,266 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →