2-bed · 1,328 sqftLa Cote Building 1, La Mer · 4th floor · completed 2021

401, La Cote Building 1

Sold prices and rental history: sold once, by the developer in May 2019, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 8 October 2024
Last soldAED 2.34M9 May 2019
Current rentAED 220K /yr8 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, La Cote Building 1

What is 401 worth today?

Last sold for AED 2,337,000 in 2019

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8 Oct 2024RentedNew contract
AED 220,000/yr12 months · AED 166 per sqft
9 May 2019Sold by developerOff-plan
AED 2,337,000AED 1,759 per sqft

Source: Dubai Land Department. Updated 8 October 2024.

Key facts

Type
2-bed apartment
Size
1,328 sqft
Floor
4th of 6
Parking
A-029
Developer
PDLM Residential
Completed
2021
Last sold
AED 2.34M · May 2019

About 401, La Cote Building 1

401 is a two-bedroom apartment of 1,328 sqft on the 4th floor of La Cote Building 1, a 6-storey tower in La Mer completed in 2021 by PDLM Residential. The developer sold it on 9 May 2019 for AED 2,337,000, or AED 1,759 per sqft, 3% below the AED 1,814 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 October 2024. The current contract, signed on 8 October 2024, is AED 220,000 a year: a gross yield of 9.4% on the 2019 price.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in La Cote Building 1
2M3M2019202120232025Typical sale price by year: 2019 AED 2,337,000; 2020 AED 2,202,000; 2021 AED 2,198,500; 2022 AED 3,050,000; 2023 AED 3,226,500; 2025 AED 3,400,000Sold by developer, May 2019: AED 2,337,000 (AED 1,759 per sqft)

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

Rents
Unit 401, each contractTypical two-bed in La Cote Building 1
150K200K20222023202420252026Typical rent by year: 2022 AED 160,000; 2023 AED 170,000; 2024 AED 200,000; 2025 AED 202,500New contract, October 2024: AED 220,000 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 Cote Building 1, and where 401 sits

All 35 2-beds →

401 last sold in May 2019 at AED 1,759 per sqft, 3% below what two-beds in La Cote Building 1 were fetching at the time (AED 1,814). Over the last 12 months two-beds sold for AED 4,610,000, around AED 3,375 per sqft, and rent for AED 170,000 to 225,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jan 20264,610,000
9 Jul 20253,400,000
1 Jul 20253,600,000
13 Mar 20252,500,000
1 2-bed sale 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 4th floor

All 86 units in La Cote Building 1
Value
4021-bedAED 1.49M · May 2019
4031-bedAED 2.68M · May 2025
4042-bedAED 2.5M · Dec 2021
4051-bedAED 1.34M · May 2019
4061-bedAED 1.32M · Nov 2019
4071-bedAED 1.32M · Nov 2019
4081-bedAED 1.35M · Sep 2021
1–7 of 14

401, La Cote Building 1 in numbers

  • Sold once: by PDLM Residential on 9 May 2019 for AED 2,337,000, or AED 1,759 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2019 price is 9.4%.
  • Two-beds in La Cote Building 1 sold for AED 4,610,000–4,610,000 in the 12 months to November 2026; the building's median across all types is AED 3,375 per sqft.

Source: Dubai Land Department. Updated 8 October 2024.

Questions about 401, La Cote Building 1

What did unit 401 last sell for?

AED 2,337,000 on 9 May 2019, sold by the developer: AED 1,759 per sqft for 1,328 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 220,000 a year on the contract signed on 8 October 2024.

How big is unit 401?

1,328 sqft (123.4 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2021.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in La Cote Building 1 sold for AED 4,610,000 to 4,610,000 in the last 12 months, around AED 3,375 per sqft.

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Mortgage on 401, La Cote Building 1

Starts from the last sale price (AED 2.34M, 9 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,337,000
Deposit, UAE resident (20%)
AED 467,400
Deposit, non-resident (40%)
AED 934,800
Monthly over 25 years at 3.7%
AED 9,561

Plus AED 103,164 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →