2-bed · 1,213 sqftLa Cote Building 3, La Mer · 3rd floor · completed 2021

304, La Cote Building 3

Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 27 February 2024
Last soldAED 2M27 November 2019
Current rentAED 190K /yr27 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, La Cote Building 3

What is 304 worth today?

Last sold for AED 1,995,000 in 2019

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27 Feb 2024RentedNew contract
AED 190,000/yr24 months · AED 157 per sqft
21 Jan 2024RentedRenewal
AED 202,909/yr2 months · AED 167 per sqft
21 Jan 2023RentedNew contract
AED 165,000/yr12 months · AED 136 per sqft
15 Apr 2022RentedNew contract
AED 140,000/yr12 months · AED 115 per sqft
27 Nov 2019Sold by developerOff-plan
AED 1,995,000AED 1,644 per sqft

Source: Dubai Land Department. Updated 27 February 2024.

Key facts

Type
2-bed apartment
Size
1,213 sqft
Floor
3rd of 5
Parking
B-018
Developer
PDLM Residential
Completed
2021
Last sold
AED 2M · November 2019

About 304, La Cote Building 3

304 is a two-bedroom apartment of 1,213 sqft on the 3rd 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 1,995,000, or AED 1,644 per sqft, 12% below the AED 1,876 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 27 February 2024, is AED 190,000 a year: a gross yield of 9.5% on the 2019 price.

Sales and rents for 304 over time

Sales
Unit 304, 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 1,995,000 (AED 1,644 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in La Cote Building 3
150K200K20222023202420252026Typical rent by year: 2022 AED 152,500; 2023 AED 166,500; 2024 AED 194,500; 2025 AED 200,000New contract, April 2022: AED 140,000 a yearNew contract, January 2023: AED 165,000 a yearRenewal, January 2024: AED 202,909 a yearNew contract, February 2024: AED 190,000 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 3, and where 304 sits

All 40 2-beds →

304 last sold in November 2019 at AED 1,644 per sqft, 12% 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. 304's AED 190,000 is in the lower half of that range.

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 3rd floor

All 77 units in La Cote Building 3
Value
3012-bedAED 2.45M · Nov 2019
3023-bedAED 5.09M · Jul 2021
3032-bedAED 2.12M · Nov 2019
3052-bedAED 2.5M · Jul 2022
3061-bedAED 1.7M · Jul 2022
3072-bedAED 2.4M · Feb 2022
3082-bedAED 2.6M · May 2022
1–7 of 15

304, La Cote Building 3 in numbers

  • Sold once: by PDLM Residential on 27 November 2019 for AED 1,995,000, or AED 1,644 per sqft.
  • Rented since April 2022 on 4 Ejari contracts, from AED 140,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2019 price is 9.5%.
  • 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 February 2024.

Questions about 304, La Cote Building 3

What did unit 304 last sell for?

AED 1,995,000 on 27 November 2019, sold by the developer: AED 1,644 per sqft for 1,213 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 190,000 a year on the contract signed on 27 February 2024. The previous contract, from January 2024, was AED 202,909; the unit has been rented since April 2022.

How big is unit 304?

1,213 sqft (112.7 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2021.

What is unit 304 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 304, La Cote Building 3

Starts from the last sale price (AED 2M, 27 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,995,000
Deposit, UAE resident (20%)
AED 399,000
Deposit, non-resident (40%)
AED 798,000
Monthly over 25 years at 3.7%
AED 8,162

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