2-bed · 1,216 sqftLa Rive Building 1, La Mer · 3rd floor · completed 2022

318, La Rive Building 1

Sold prices and rental history: sold once, by the developer in August 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 2.36M5 August 2019
Current rentAED 170K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, La Rive Building 1

What is 318 worth today?

Last sold for AED 2,355,000 in 2019

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1 Mar 2025RentedNew contract
AED 170,000/yr12 months · AED 140 per sqft
29 May 2024RentedRenewal
AED 167,000/yr12 months · AED 137 per sqft
29 May 2023RentedNew contract
AED 155,000/yr12 months · AED 127 per sqft
5 Aug 2019Sold by developerOff-plan
AED 2,355,000AED 1,937 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
2-bed apartment
Size
1,216 sqft
Floor
3rd of 5
Parking
1
Developer
PDLM Residential
Completed
2022
Last sold
AED 2.36M · August 2019

About 318, La Rive Building 1

318 is a two-bedroom apartment of 1,216 sqft on the 3rd floor of La Rive Building 1, a 5-storey tower in La Mer completed in 2022 by PDLM Residential . The developer sold it on 5 August 2019 for AED 2,355,000, or AED 1,937 per sqft, in line with the AED 1,943 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 1 March 2025, is AED 170,000 a year: a gross yield of 7.2% on the 2019 price.

Sales and rents for 318 over time

Sales
Unit 318, each saleTypical two-bed in La Rive Building 1
2M2.5M3M201920212023Typical sale price by year: 2019 AED 2,376,500; 2021 AED 2,053,000; 2022 AED 2,950,000; 2023 AED 3,000,000Sold by developer, August 2019: AED 2,355,000 (AED 1,937 per sqft)

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

Rents
Unit 318, each contractTypical two-bed in La Rive Building 1
150K175K200K20232024202520262027Typical rent by year: 2023 AED 180,000; 2024 AED 180,000; 2025 AED 174,538; 2026 AED 207,766New contract, May 2023: AED 155,000 a yearRenewal, May 2024: AED 167,000 a yearNew contract, March 2025: AED 170,000 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 Rive Building 1, and where 318 sits

All 33 2-beds →

318 last sold in August 2019 at AED 1,937 per sqft, in line with what two-beds in La Rive Building 1 were fetching at the time (AED 1,943). Over the last 12 months two-beds sold for AED 5,233,340, around AED 4,340 per sqft, and rent for AED 160,000 to 210,000 a year. 318's AED 170,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20265,233,340
23 Jun 20254,600,000
7 Mar 20253,330,000
1 Oct 20243,500,000
1 2-bed sale in the last 12 months

La Rive Building 1

Building

84 apartments, 1-bed to 5-bed over 5 floors in La Mer, completed in 2022 by PDLM Residential . 1 sold in the last 12 months.

Typical price per sqft
AED 4,340
Typical sale
AED 5.23M
Typical rent
AED 160K /yr
Typical yield
3.8%
La Rive Building 1, La Mer: prices, sales and rents →

Other units on the 3rd floor

All 84 units in La Rive Building 1
Value
3012-bedAED 2.48M · Nov 2019
3022-bedAED 4.6M · Jun 2025
3031-bedAED 1.85M · Apr 2022
3041-bedAED 1.73M · Jul 2019
3053-bedAED 4.2M · Nov 2019
306AED 4.95M · Jan 2022
3071-bedAED 2.2M · Jan 2023
1–7 of 17

318, La Rive Building 1 in numbers

  • Sold once: by PDLM Residential on 5 August 2019 for AED 2,355,000, or AED 1,937 per sqft.
  • Rented since May 2023 on 3 Ejari contracts, from AED 155,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2019 price is 7.2%.
  • Two-beds in La Rive Building 1 sold for AED 5,233,340–5,233,340 in the 12 months to November 2026; the building's median across all types is AED 4,340 per sqft.

Source: Dubai Land Department. Updated 1 March 2025.

Questions about 318, La Rive Building 1

What did unit 318 last sell for?

AED 2,355,000 on 5 August 2019, sold by the developer: AED 1,937 per sqft for 1,216 sqft. It is the only registered sale of the unit.

What is the rent for unit 318?

AED 170,000 a year on the contract signed on 1 March 2025. The previous contract, from May 2024, was AED 167,000; the unit has been rented since May 2023.

How big is unit 318?

1,216 sqft (113.0 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2022.

What is unit 318 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in La Rive Building 1 sold for AED 5,233,340 to 5,233,340 in the last 12 months, around AED 4,340 per sqft.

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Mortgage on 318, La Rive Building 1

Starts from the last sale price (AED 2.36M, 5 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,355,000
Deposit, UAE resident (20%)
AED 471,000
Deposit, non-resident (40%)
AED 942,000
Monthly over 25 years at 3.7%
AED 9,635

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