2-bed · 1,334 sqftLa Cote Building 5, La Mer · 3rd floor · completed 2021

311, La Cote Building 5

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

Unit 311 · DLD and Ejari recordsUpdated 11 June 2022
Last soldAED 2.23M27 October 2019
Current rentAED 140K /yr11 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, La Cote Building 5

What is 311 worth today?

Last sold for AED 2,228,000 in 2019

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11 Jun 2022RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft
27 Oct 2019Sold by developerOff-plan
AED 2,228,000AED 1,669 per sqft

Source: Dubai Land Department. Updated 11 June 2022.

Key facts

Type
2-bed apartment
Size
1,334 sqft
Floor
3rd of 5
Parking
C-114
Developer
PDLM Residential
Completed
2021
Last sold
AED 2.23M · October 2019

About 311, La Cote Building 5

311 is a two-bedroom apartment of 1,334 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 27 October 2019 for AED 2,228,000, or AED 1,669 per sqft, 4% below the AED 1,747 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 June 2022. The current contract, signed on 11 June 2022, is AED 140,000 a year: a gross yield of 6.3% on the 2019 price.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical two-bed in La Cote Building 5
2M3M2019202120232025Typical sale price by year: 2019 AED 2,200,000; 2020 AED 1,941,000; 2021 AED 1,909,500; 2022 AED 3,150,000; 2024 AED 3,450,000Sold by developer, October 2019: AED 2,228,000 (AED 1,669 per sqft)

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

Rents
Unit 311, each contractTypical two-bed in La Cote Building 5
150K200K20222023202420252026Typical rent by year: 2022 AED 140,000; 2023 AED 200,000; 2024 AED 165,000; 2025 AED 185,000New contract, June 2022: AED 140,000 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 5, and where 311 sits

All 27 2-beds →

311 last sold in October 2019 at AED 1,669 per sqft, 4% below what two-beds in La Cote Building 5 were fetching at the time (AED 1,747).

Recent 2-bed salesUnit no.Price (AED)Summary
11 Nov 20243,450,000
16 Sep 20243,500,000
6 Aug 20243,600,000
29 Apr 20243,175,000
0 2-bed sales 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

311, La Cote Building 5 in numbers

  • Sold once: by PDLM Residential on 27 October 2019 for AED 2,228,000, or AED 1,669 per sqft.
  • Rented since June 2022 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2019 price is 6.3%.

Source: Dubai Land Department. Updated 11 June 2022.

Questions about 311, La Cote Building 5

What did unit 311 last sell for?

AED 2,228,000 on 27 October 2019, sold by the developer: AED 1,669 per sqft for 1,334 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 140,000 a year on the contract signed on 11 June 2022.

How big is unit 311?

1,334 sqft (123.9 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2021.

What is unit 311 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 311, La Cote Building 5

Starts from the last sale price (AED 2.23M, 27 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,228,000
Deposit, UAE resident (20%)
AED 445,600
Deposit, non-resident (40%)
AED 891,200
Monthly over 25 years at 3.7%
AED 9,115

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