1-bed · 797 sqftLa Cote Building 1, La Mer · 5th floor · completed 2021

502, La Cote Building 1

Sold prices and rental history: sold twice, last in January 2020, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 20 September 2022
Last soldAED 1.5M15 January 2020
Current rentAED 110K /yr20 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, La Cote Building 1

What is 502 worth today?

Last sold for AED 1,500,000 in 2020

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20 Sep 2022RentedNew contract
AED 110,000/yr12 months · AED 138 per sqft
15 Jan 2020SoldOff-plan
AED 1,500,000AED 1,881 per sqft
24 Nov 2019Sold by developerOff-plan
AED 1,495,000AED 1,874 per sqft

Source: Dubai Land Department. Updated 20 September 2022.

Key facts

Type
1-bed apartment
Size
797 sqft
Floor
5th of 6
Parking
A-017
Developer
PDLM Residential
Completed
2021
Last sold
AED 1.5M · January 2020

About 502, La Cote Building 1

502 is a one-bedroom apartment of 797 sqft on the 5th floor of La Cote Building 1, a 6-storey tower in La Mer completed in 2021 by PDLM Residential. It last sold on 15 January 2020 for AED 1,500,000, or AED 1,881 per sqft, 11% above the AED 1,694 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 September 2022. The current contract, signed on 20 September 2022, is AED 110,000 a year: a gross yield of 7.3% on the 2020 price.

Sales and rents for 502 over time

Sales
Unit 502, 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 1,495,000 (AED 1,874 per sqft)Sold, January 2020: AED 1,500,000 (AED 1,881 per sqft)

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

Rents
Unit 502, each contractTypical one-bed in La Cote Building 1
100K120K20222023202420252026Typical rent by year: 2022 AED 95,000; 2023 AED 110,000; 2024 AED 125,000; 2025 AED 130,000New contract, September 2022: AED 110,000 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 502 sits

All 41 1-beds →

502 last sold in January 2020 at AED 1,881 per sqft, 11% above what one-beds in La Cote Building 1 were fetching at the time (AED 1,694). 502's AED 110,000 is at the bottom 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 5th floor

All 86 units in La Cote Building 1
Value
5012-bedAED 2.37M · Jun 2019
5031-bedAED 1.9M · Jul 2021
504AED 2.1M · Sep 2021
5051-bedAED 1.56M · Aug 2021
5061-bedAED 1.38M · Nov 2019
5071-bedAED 2.25M · Oct 2024
5081-bedAED 1.56M · May 2022
1–7 of 14

502, La Cote Building 1 in numbers

  • Sold twice: first on 24 November 2019 for AED 1,495,000, last on 15 January 2020 for AED 1,500,000 (AED 1,881 per sqft).
  • Rented since September 2022 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2020 price is 7.3%.

Source: Dubai Land Department. Updated 20 September 2022.

Questions about 502, La Cote Building 1

What did unit 502 last sell for?

AED 1,500,000 on 15 January 2020: AED 1,881 per sqft for 797 sqft. The unit has 2 registered sales; the first was AED 1,495,000 in November 2019.

What is the rent for unit 502?

AED 110,000 a year on the contract signed on 20 September 2022.

How big is unit 502?

797 sqft (74.0 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2021.

What is unit 502 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 502, La Cote Building 1

Starts from the last sale price (AED 1.5M, 15 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →