518, La Cote Building 2
Sold prices and rental history: sold 3 times, last in November 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 518, La Cote Building 2
What is 518 worth today?
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Source: Dubai Land Department. Updated 2 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,283 sqft
- Floor
- 5th of 5
- Parking
- A-119
- Developer
- PDLM Residential
- Completed
- 2021
- Last sold
- AED 4.3M · November 2023
- Building
- La Cote Building 2
About 518, La Cote Building 2
518 is a two-bedroom apartment of 1,283 sqft on the 5th floor of La Cote Building 2, a 5-storey tower in La Mer completed in 2021 by PDLM Residential. It last sold on 2 November 2023 for AED 4,300,000, or AED 3,351 per sqft, 43% above the AED 2,338 two-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 16 August 2023, is AED 151,000 a year: a gross yield of 3.5% on the 2023 price.
Sales and rents for 518 over time
518 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 2, and where 518 sits
All 43 2-beds →518 last sold in November 2023 at AED 3,351 per sqft, 43% above what two-beds in La Cote Building 2 were fetching at the time (AED 2,338). 518's AED 151,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Mar 202420 March 2024 | 1,370 sqft | 3,500,000 | 2,554 | ||
| 10 Nov 202310 November 2023 | 1,283 sqft | 2,950,000 | 2,300 | ||
| 26 Sep 202326 September 2023 | 641 sqft | 2,462,082 | 3,843 | ||
| 19 Jul 202319 July 2023 | 1,207 sqft | 3,250,000 | 2,693 |
La Cote Building 2
Building100 apartments, 1-bed to 5-bed over 5 floors in La Mer, completed in 2021 by PDLM Residential. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 190K /yr
- Typical yield
Other units on the 5th floor
All 100 units in La Cote Building 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 965 sqft | AED 1.82MAED 1,815,000 · Sep 2019September 2019 | 140,000 /yr | |
| 502 | 1-bed | 938 sqft | AED 1.75MAED 1,745,000 · Dec 2019December 2019 | 110,250 /yr | |
| 503 | 2-bed | 1,204 sqft | AED 2.6MAED 2,600,000 · Aug 2022August 2022 | 182,000 /yr | |
| 504 | 3-bed | 1,973 sqft | AED 7.52MAED 7,524,000 · Mar 2023March 2023 | ||
| 505 | 5-bed | 7,791 sqft | AED 24.5MAED 24,500,000 · Nov 2022November 2022 | ||
| 506 | 2-bed | 641 sqft | AED 2.46MAED 2,462,082 · Sep 2023September 2023 | ||
| 507 | 1-bed | 789 sqft | AED 1.38MAED 1,377,000 · May 2019May 2019 | ||
| 508 | 1-bed | 783 sqft | AED 1.65MAED 1,650,000 · Aug 2024August 2024 | ||
| 509 | 1-bed | 789 sqft | AED 2.15MAED 2,150,000 · Jul 2023July 2023 | 130,000 /yr | |
| 510 | 1-bed | 789 sqft | AED 2.4MAED 2,400,000 · May 2023May 2023 | 125,000 /yr | |
| 511 | 1,256 sqft | AED 2.11MAED 2,113,000 · May 2019May 2019 | 95,000 /yr | ||
| 512 | 2-bed | 1,207 sqft | AED 2.05MAED 2,050,000 · Oct 2019October 2019 | 185,000 /yr | |
| 513 | 2-bed | 603 sqft | AED 2.05MAED 2,049,000 · Nov 2019November 2019 | ||
| 514 | 2-bed | 1,210 sqft | AED 2.05MAED 2,047,000 · Jun 2019June 2019 | 192,000 /yr | |
| 515 | 2-bed | 1,294 sqft | AED 2.29MAED 2,293,000 · May 2019May 2019 | 173,250 /yr | |
| 516 | 4-bed | 3,147 sqft | AED 6.69MAED 6,692,900 · Jan 2021January 2021 | 300,000 /yr | |
| 517 | 2-bed | 1,172 sqft | AED 2.7MAED 2,700,000 · Mar 2023March 2023 |
518, La Cote Building 2 in numbers
- Sold 3 times: first on 5 November 2019 for AED 2,651,000, last on 2 November 2023 for AED 4,300,000 (AED 3,351 per sqft).
- Rented since August 2022 on 2 Ejari contracts, from AED 150,000 to AED 151,000 a year.
- At AED 151,000 a year the gross yield on the 2023 price is 3.5%.
Source: Dubai Land Department. Updated 2 November 2023.
Questions about 518, La Cote Building 2
What did unit 518 last sell for?
AED 4,300,000 on 2 November 2023: AED 3,351 per sqft for 1,283 sqft. The unit has 3 registered sales; the first was AED 2,651,000 in November 2019.
What is the rent for unit 518?
AED 151,000 a year on the contract renewed on 16 August 2023. The previous contract, from August 2022, was AED 150,000.
How big is unit 518?
1,283 sqft (119.2 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.
What is unit 518 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 518, La Cote Building 2
Starts from the last sale price (AED 4.3M, 2 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,300,000
- Deposit, UAE resident (20%)
- AED 860,000
- Deposit, non-resident (40%)
- AED 1,720,000
- Monthly over 25 years at 3.7%
- AED 17,593
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →