2-bed · 1,431 sqftLa Cote Building 3, La Mer · 1st floor · completed 2021

116, La Cote Building 3

Sold prices and rental history: sold once, by the developer in November 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 27 November 2019
Last soldAED 2.38M27 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, La Cote Building 3

What is 116 worth today?

Last sold for AED 2,379,000 in 2019

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27 Nov 2019Sold by developerOff-plan
AED 2,379,000AED 1,662 per sqft

Source: Dubai Land Department. Updated 27 November 2019.

Key facts

Type
2-bed apartment
Size
1,431 sqft
Floor
1st of 5
Parking
B-057
Developer
PDLM Residential
Completed
2021
Last sold
AED 2.38M · November 2019

About 116, La Cote Building 3

116 is a two-bedroom apartment of 1,431 sqft on the 1st floor of La Cote Building 3, a 5-storey tower in La Mer completed in 2021 by PDLM Residential . The developer sold it on 27 November 2019 for AED 2,379,000, or AED 1,662 per sqft, 11% below the AED 1,876 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical two-bed in La Cote Building 3
2M3M4M201920212023Typical sale price by year: 2019 AED 2,280,000; 2021 AED 2,099,000; 2022 AED 2,600,000; 2023 AED 4,000,000Sold by developer, November 2019: AED 2,379,000 (AED 1,662 per sqft)

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

Rents
Unit 116, each contractTypical two-bed in La Cote Building 3
150K175K200K20222023202420252026Typical rent by year: 2022 AED 152,500; 2023 AED 166,500; 2024 AED 194,500; 2025 AED 200,000

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 3, and where 116 sits

All 40 2-beds →

116 last sold in November 2019 at AED 1,662 per sqft, 11% below what two-beds in La Cote Building 3 were fetching at the time (AED 1,876). Over the last 12 months two-beds sold for AED 3,350,000 to 4,400,000, around AED 3,075 per sqft, and rent for AED 182,000 to 220,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Feb 20264,400,000
2 Jul 20253,875,000
19 Mar 20244,100,000
4 Apr 20234,350,000
2 2-bed sales in the last 12 months

La Cote Building 3

Building

77 apartments, 1-bed to 4-bed over 5 floors in La Mer, completed in 2021 by PDLM Residential . 2 sold in the last 12 months.

Typical price per sqft
AED 3,075
Typical sale
AED 3.88M
Typical rent
AED 185K /yr
Typical yield
5.4%
La Cote Building 3, La Mer: prices, sales and rents →

Other units on the 1st floor

All 77 units in La Cote Building 3
Value
1011-bedAED 1.7M · Oct 2019
1023-bedAED 7.9M · Aug 2023
1032-bedAED 2.07M · Oct 2019
1042-bedAED 4.1M · Mar 2024
1051-bedAED 1.58M · May 2019
1061-bedAED 1.32M · May 2019
1072-bedAED 1.93M · Jun 2021
1–7 of 16

116, La Cote Building 3 in numbers

  • Sold once: by PDLM Residential on 27 November 2019 for AED 2,379,000, or AED 1,662 per sqft.
  • Two-beds in La Cote Building 3 sold for AED 3,350,000–4,400,000 in the 12 months to November 2026; the building's median across all types is AED 3,075 per sqft.

Source: Dubai Land Department. Updated 27 November 2019.

Questions about 116, La Cote Building 3

What did unit 116 last sell for?

AED 2,379,000 on 27 November 2019, sold by the developer: AED 1,662 per sqft for 1,431 sqft. It is the only registered sale of the unit.

How big is unit 116?

1,431 sqft (132.9 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2021.

What is unit 116 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 3 sold for AED 3,350,000 to 4,400,000 in the last 12 months, around AED 3,075 per sqft.

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Mortgage on 116, La Cote Building 3

Starts from the last sale price (AED 2.38M, 27 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,379,000
Deposit, UAE resident (20%)
AED 475,800
Deposit, non-resident (40%)
AED 951,600
Monthly over 25 years at 3.7%
AED 9,733

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →