1-bed · 961 sqftLa Cote Building 1, La Mer · 2nd floor · completed 2021

203, La Cote Building 1

Sold prices and rental history: sold once, by the developer in November 2019, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 15 February 2023
Last soldAED 1.66M26 November 2019
Current rentAED 150K /yr15 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, La Cote Building 1

What is 203 worth today?

Last sold for AED 1,662,000 in 2019

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15 Feb 2023RentedNew contract
AED 150,000/yr12 months · AED 156 per sqft
26 Nov 2019Sold by developerOff-plan
AED 1,662,000AED 1,729 per sqft

Source: Dubai Land Department. Updated 15 February 2023.

Key facts

Type
1-bed apartment
Size
961 sqft
Floor
2nd of 6
Parking
A-021
Developer
PDLM Residential
Completed
2021
Last sold
AED 1.66M · November 2019

About 203, La Cote Building 1

203 is a one-bedroom apartment of 961 sqft on the 2nd floor of La Cote Building 1, a 6-storey tower in La Mer completed in 2021 by PDLM Residential. The developer sold it on 26 November 2019 for AED 1,662,000, or AED 1,729 per sqft, in line with the AED 1,681 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 February 2023. The current contract, signed on 15 February 2023, is AED 150,000 a year: a gross yield of 9.0% on the 2019 price.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in La Cote Building 1
1.5M2M201920212023Typical sale price by year: 2019 AED 1,387,000; 2021 AED 1,435,000; 2022 AED 1,669,500; 2023 AED 2,260,000Sold by developer, November 2019: AED 1,662,000 (AED 1,729 per sqft)

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

Rents
Unit 203, each contractTypical one-bed in La Cote Building 1
100K125K150K20222023202420252026Typical rent by year: 2022 AED 95,000; 2023 AED 110,000; 2024 AED 125,000; 2025 AED 130,000New contract, February 2023: AED 150,000 a year

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

1-beds in La Cote Building 1, and where 203 sits

All 41 1-beds →

203 last sold in November 2019 at AED 1,729 per sqft, in line with what one-beds in La Cote Building 1 were fetching at the time (AED 1,681). 203's AED 150,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 May 20252,675,000
10 Apr 20251,925,000
28 Oct 20242,250,000
22 Oct 20242,090,000
0 1-bed sales in the last 12 months

La Cote Building 1

Building

86 apartments, 1-bed to 4-bed over 6 floors in La Mer, completed in 2021 by PDLM Residential. 1 sold in the last 12 months.

Typical price per sqft
AED 3,375
Typical sale
AED 4.61M
Typical rent
AED 170K /yr
Typical yield
4.5%
La Cote Building 1, La Mer: prices, sales and rents →

Other units on the 2nd floor

All 86 units in La Cote Building 1
Value
2012-bedAED 2.24M · Nov 2019
2021-bedAED 1.5M · Feb 2022
2042-bedAED 1.8M · Nov 2019
2051-bedAED 1.3M · Nov 2019
2061-bedAED 1.27M · Oct 2019
2071-bedAED 1.56M · Jan 2022
2081-bedAED 1.6M · Apr 2022
1–7 of 14

203, La Cote Building 1 in numbers

  • Sold once: by PDLM Residential on 26 November 2019 for AED 1,662,000, or AED 1,729 per sqft.
  • Rented since February 2023 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2019 price is 9.0%.

Source: Dubai Land Department. Updated 15 February 2023.

Questions about 203, La Cote Building 1

What did unit 203 last sell for?

AED 1,662,000 on 26 November 2019, sold by the developer: AED 1,729 per sqft for 961 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 150,000 a year on the contract signed on 15 February 2023.

How big is unit 203?

961 sqft (89.3 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2021.

What is unit 203 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 203, La Cote Building 1

Starts from the last sale price (AED 1.66M, 26 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,662,000
Deposit, UAE resident (20%)
AED 332,400
Deposit, non-resident (40%)
AED 664,800
Monthly over 25 years at 3.7%
AED 6,800

Plus AED 74,814 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →