1-bed · 802 sqftLa Cote Building 5, La Mer · 3rd floor · completed 2021

308, La Cote Building 5

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

Unit 308 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 1.55M23 September 2019
Current rentAED 120K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, La Cote Building 5

What is 308 worth today?

Last sold for AED 1,550,000 in 2019

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15 Sep 2024RentedNew contract
AED 120,000/yr12 months · AED 149 per sqft
25 Feb 2023RentedNew contract
AED 120,000/yr12 months · AED 149 per sqft
14 Feb 2022RentedNew contract
AED 115,000/yr12 months · AED 142 per sqft
23 Sep 2019Sold by developerOff-plan
AED 1,550,000AED 1,932 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
3rd of 5
Parking
C-089
Developer
PDLM Residential
Completed
2021
Last sold
AED 1.55M · September 2019

About 308, La Cote Building 5

308 is a one-bedroom apartment of 802 sqft on the 3rd floor of La Cote Building 5, a 5-storey tower in La Mer completed in 2021 by PDLM Residential . The developer sold it on 23 September 2019 for AED 1,550,000, or AED 1,932 per sqft, in line with the AED 1,932 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 15 September 2024, is AED 120,000 a year: a gross yield of 7.7% on the 2019 price.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in La Cote Building 5
1.5M2M2.5M2019202120232025Typical sale price by year: 2019 AED 1,550,000; 2021 AED 1,650,000; 2022 AED 2,000,000; 2024 AED 2,100,000; 2025 AED 2,465,000Sold by developer, September 2019: AED 1,550,000 (AED 1,932 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in La Cote Building 5
110K115K120K20222023202420252026Typical rent by year: 2022 AED 111,500; 2023 AED 120,000; 2024 AED 120,000; 2025 AED 121,500New contract, February 2022: AED 115,000 a yearNew contract, February 2023: AED 120,000 a yearNew contract, September 2024: AED 120,000 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 5, and where 308 sits

All 35 1-beds →

308 last sold in September 2019 at AED 1,932 per sqft, in line with what one-beds in La Cote Building 5 were fetching at the time (AED 1,932). Over the last 12 months one-beds sold for AED 2,550,000, around AED 3,194 per sqft, and rent for AED 120,000 to 120,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Dec 20252,550,000
15 Apr 20252,430,000
25 Feb 20252,145,000
20 Feb 20252,500,000
1 1-bed sale in the last 12 months

La Cote Building 5

Building

74 apartments, 1-bed to 3-bed over 5 floors in La Mer, completed in 2021 by PDLM Residential . 1 sold in the last 12 months.

Typical price per sqft
AED 3,194
Typical sale
AED 2.55M
Typical rent
AED 264K /yr
Typical yield
5.4%
La Cote Building 5, La Mer: prices, sales and rents →

Other units on the 3rd floor

All 74 units in La Cote Building 5
Value
3012-bedAED 3.3M · Oct 2022
3022-bedAED 2.42M · May 2019
3031-bedAED 1.62M · Jul 2019
3043-bedAED 5.7M · Mar 2024
3052-bedAED 2.21M · May 2019
3061-bedAED 1.55M · Jul 2019
3071-bedAED 2.55M · Dec 2025
1–7 of 14

308, La Cote Building 5 in numbers

  • Sold once: by PDLM Residential on 23 September 2019 for AED 1,550,000, or AED 1,932 per sqft.
  • Rented since February 2022 on 3 Ejari contracts, from AED 115,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2019 price is 7.7%.
  • One-beds in La Cote Building 5 sold for AED 2,550,000–2,550,000 in the 12 months to November 2026; the building's median across all types is AED 3,194 per sqft.

Source: Dubai Land Department. Updated 15 September 2024.

Questions about 308, La Cote Building 5

What did unit 308 last sell for?

AED 1,550,000 on 23 September 2019, sold by the developer: AED 1,932 per sqft for 802 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 120,000 a year on the contract signed on 15 September 2024. The previous contract, from February 2023, was AED 120,000; the unit has been rented since February 2022.

How big is unit 308?

802 sqft (74.5 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2021.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in La Cote Building 5 sold for AED 2,550,000 to 2,550,000 in the last 12 months, around AED 3,194 per sqft.

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Mortgage on 308, La Cote Building 5

Starts from the last sale price (AED 1.55M, 23 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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