502, La Rive Building 1
Sold prices and rental history: sold once, by the developer in November 2019, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, La Rive Building 1
What is 502 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,212 sqft
- Floor
- 5th of 5
- Parking
- 1
- Developer
- PDLM Residential
- Completed
- 2022
- Last sold
- AED 2.54M · November 2019
- Building
- La Rive Building 1
About 502, La Rive Building 1
502 is a two-bedroom apartment of 1,212 sqft on the 5th floor of La Rive Building 1, a 5-storey tower in La Mer completed in 2022 by PDLM Residential . The developer sold it on 25 November 2019 for AED 2,541,000, or AED 2,095 per sqft, 8% above the AED 1,943 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 October 2024. The current contract, renewed on 1 October 2024, is AED 230,000 a year: a gross yield of 9.0% on the 2019 price.
Sales and rents for 502 over time
502 has sold once; the dashed line is the two-bed median of each year in the building.
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 502 sits
All 33 2-beds →502 last sold in November 2019 at AED 2,095 per sqft, 8% above 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. 502's AED 230,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Feb 20266 February 2026 | 1,206 sqft | 5,233,340 | 4,340 | ||
| 23 Jun 202523 June 2025 | 1,203 sqft | 4,600,000 | 3,825 | ||
| 7 Mar 20257 March 2025 | 1,200 sqft | 3,330,000 | 2,775 | ||
| 1 Oct 20241 October 2024 | 1,200 sqft | 3,500,000 | 2,915 |
La Rive Building 1
Building84 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%
Other units on the 5th floor
All 84 units in La Rive Building 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,206 sqft | AED 4.1MAED 4,100,000 · Oct 2022October 2022 | 200,000 /yr | |
| 503 | 1-bed | 818 sqft | AED 1.75MAED 1,745,000 · Nov 2019November 2019 | ||
| 504 | 1-bed | 818 sqft | AED 1.77MAED 1,773,000 · Jul 2019July 2019 | ||
| 505 | 5-bed | 8,896 sqft | AED 17MAED 16,996,000 · Feb 2022February 2022 | ||
| 506 | 1-bed | 901 sqft | AED 2.7MAED 2,700,000 · Mar 2023March 2023 | ||
| 507 | 2-bed | 1,200 sqft | AED 3MAED 3,000,000 · Oct 2023October 2023 | ||
| 508 | 2-bed | 1,200 sqft | AED 2.07MAED 2,074,000 · Apr 2021April 2021 | 200,000 /yr | |
| 509 | 1-bed | 790 sqft | AED 1.45MAED 1,446,000 · Apr 2021April 2021 | ||
| 510 | 1-bed | 815 sqft | AED 1.46MAED 1,462,000 · Jul 2021July 2021 | ||
| 511 | 1-bed | 806 sqft | AED 2.3MAED 2,300,000 · Feb 2025February 2025 | ||
| 512 | 2-bed | 1,212 sqft | AED 2.07MAED 2,073,000 · Jun 2021June 2021 | 200,000 /yr | |
| 513 | 2-bed | 1,199 sqft | AED 2.95MAED 2,950,000 · May 2023May 2023 | 175,000 /yr | |
| 514 | 1-bed | 820 sqft | AED 2.35MAED 2,350,000 · Jan 2025January 2025 | ||
| 515 | 4-bed | 3,306 sqft | AED 12MAED 12,000,000 · Jul 2024July 2024 |
502, La Rive Building 1 in numbers
- Sold once: by PDLM Residential on 25 November 2019 for AED 2,541,000, or AED 2,095 per sqft.
- Rented since October 2024 on one Ejari contract, at AED 230,000 a year.
- At AED 230,000 a year the gross yield on the 2019 price is 9.0%.
- 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 October 2024.
Questions about 502, La Rive Building 1
What did unit 502 last sell for?
AED 2,541,000 on 25 November 2019, sold by the developer: AED 2,095 per sqft for 1,212 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 230,000 a year on the contract renewed on 1 October 2024.
How big is unit 502?
1,212 sqft (112.6 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2022.
What is unit 502 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 502, La Rive Building 1
Starts from the last sale price (AED 2.54M, 25 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,541,000
- Deposit, UAE resident (20%)
- AED 508,200
- Deposit, non-resident (40%)
- AED 1,016,400
- Monthly over 25 years at 3.7%
- AED 10,396
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →