1-bed · 792 sqftLa Cote Building 1, La Mer · 5th floor · completed 2021

507, La Cote Building 1

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

Unit 507 · DLD and Ejari recordsUpdated 20 December 2024
Last soldAED 2.25M28 October 2024
Current rentAED 130K /yr20 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, La Cote Building 1

What is 507 worth today?

Last sold for AED 2,250,000 in 2024

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20 Dec 2024RentedNew contract
AED 130,000/yr12 months · AED 164 per sqft
28 Oct 2024SoldReady
AED 2,250,000AED 2,842 per sqft
22 Nov 2022Sold by developerReady
AED 1,733,000AED 2,189 per sqft

Source: Dubai Land Department. Updated 20 December 2024.

Key facts

Type
1-bed apartment
Size
792 sqft
Floor
5th of 6
Parking
A-215
Developer
PDLM Residential
Completed
2021
Last sold
AED 2.25M · October 2024

About 507, La Cote Building 1

507 is a one-bedroom apartment of 792 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 28 October 2024 for AED 2,250,000, or AED 2,842 per sqft.

One Ejari contract is registered, from 20 December 2024. The current contract, signed on 20 December 2024, is AED 130,000 a year: a gross yield of 5.8% on the 2024 price.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in La Cote Building 1
1.5M2M2019202120232025Typical 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 2022: AED 1,733,000 (AED 2,189 per sqft)Sold, October 2024: AED 2,250,000 (AED 2,842 per sqft)

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

Rents
Unit 507, 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, December 2024: AED 130,000 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 507 sits

All 41 1-beds →

507's AED 130,000 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
22 Oct 20242,090,000
11 Oct 20232,284,000
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
5021-bedAED 1.5M · Jan 2020
5031-bedAED 1.9M · Jul 2021
504AED 2.1M · Sep 2021
5051-bedAED 1.56M · Aug 2021
5061-bedAED 1.38M · Nov 2019
5081-bedAED 1.56M · May 2022
1–7 of 14

507, La Cote Building 1 in numbers

  • Sold twice: first on 22 November 2022 for AED 1,733,000, last on 28 October 2024 for AED 2,250,000 (AED 2,842 per sqft).
  • Rented since December 2024 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 5.8%.

Source: Dubai Land Department. Updated 20 December 2024.

Questions about 507, La Cote Building 1

What did unit 507 last sell for?

AED 2,250,000 on 28 October 2024: AED 2,842 per sqft for 792 sqft. The unit has 2 registered sales; the first was AED 1,733,000 in November 2022.

What is the rent for unit 507?

AED 130,000 a year on the contract signed on 20 December 2024.

How big is unit 507?

792 sqft (73.6 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2021.

What is unit 507 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 507, La Cote Building 1

Starts from the last sale price (AED 2.25M, 28 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

Plus AED 99,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →