2-bed · 1,213 sqftLa Rive Building 2, La Mer · 3rd floor · completed 2022

311, La Rive Building 2

Sold prices and rental history: sold once, by the developer in November 2019, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 28 September 2024
Last soldAED 1.97M24 November 2019
Current rentAED 210K /yr28 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, La Rive Building 2

What is 311 worth today?

Last sold for AED 1,970,000 in 2019

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28 Sep 2024RentedNew contract
AED 210,000/yr12 months · AED 175 per sqft
24 Nov 2019Sold by developerOff-plan
AED 1,970,000AED 1,624 per sqft

Source: Dubai Land Department. Updated 28 September 2024.

Key facts

Type
2-bed apartment
Size
1,213 sqft
Floor
3rd of 5
Parking
1
Developer
PDLM Residential
Completed
2022
Last sold
AED 1.97M · November 2019

About 311, La Rive Building 2

311 is a two-bedroom apartment of 1,213 sqft on the 3rd floor of La Rive Building 2, a 5-storey tower in La Mer completed in 2022 by PDLM Residential . The developer sold it on 24 November 2019 for AED 1,970,000, or AED 1,624 per sqft, 7% below the AED 1,746 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 September 2024. The current contract, signed on 28 September 2024, is AED 210,000 a year: a gross yield of 10.7% on the 2019 price.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical two-bed in La Rive Building 2
2M3M2019202120232025Typical sale price by year: 2019 AED 2,320,000; 2020 AED 2,042,000; 2021 AED 2,009,000; 2022 AED 2,650,000; 2023 AED 3,450,000; 2024 AED 3,125,000Sold by developer, November 2019: AED 1,970,000 (AED 1,624 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 Rive Building 2
200K20232024202520262027Typical rent by year: 2023 AED 165,000; 2024 AED 200,000; 2025 AED 215,000; 2026 AED 224,998New contract, September 2024: AED 210,000 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 2, and where 311 sits

All 31 2-beds →

311 last sold in November 2019 at AED 1,624 per sqft, 7% below what two-beds in La Rive Building 2 were fetching at the time (AED 1,746). Over the last 12 months two-beds sold for AED 3,300,000, around AED 2,522 per sqft, and rent for AED 219,996 to 241,500 a year. 311's AED 210,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jul 20253,375,000
15 Jan 20252,320,000
21 Mar 20243,250,000
26 Feb 20243,000,000
1 2-bed sale in the last 12 months

La Rive Building 2

Building

81 apartments, 1-bed to 5-bed over 5 floors in La Mer, completed in 2022 by PDLM Residential . 2 sold in the last 12 months.

Typical price per sqft
AED 3,517
Typical sale
AED 7.9M
Typical rent
AED 220K /yr
Typical yield
5.2%
La Rive Building 2, La Mer: prices, sales and rents →

Other units on the 3rd floor

All 81 units in La Rive Building 2
Value
3012-bedAED 2.65M · Jun 2019
302AED 3.4M · Sep 2025
3032-bedAED 4.6M · May 2023
3041-bedAED 2.4M · Dec 2024
3053-bedAED 4.33M · Oct 2019
3063-bedAED 7.2M · Sep 2024
3072-bedAED 3.1M · Apr 2023
1–7 of 16

311, La Rive Building 2 in numbers

  • Sold once: by PDLM Residential on 24 November 2019 for AED 1,970,000, or AED 1,624 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2019 price is 10.7%.
  • Two-beds in La Rive Building 2 sold for AED 3,300,000–3,300,000 in the 12 months to November 2026; the building's median across all types is AED 3,517 per sqft.

Source: Dubai Land Department. Updated 28 September 2024.

Questions about 311, La Rive Building 2

What did unit 311 last sell for?

AED 1,970,000 on 24 November 2019, sold by the developer: AED 1,624 per sqft for 1,213 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 210,000 a year on the contract signed on 28 September 2024.

How big is unit 311?

1,213 sqft (112.7 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2022.

What is unit 311 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 2 sold for AED 3,300,000 to 3,300,000 in the last 12 months, around AED 2,522 per sqft.

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Mortgage on 311, La Rive Building 2

Starts from the last sale price (AED 1.97M, 24 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,970,000
Deposit, UAE resident (20%)
AED 394,000
Deposit, non-resident (40%)
AED 788,000
Monthly over 25 years at 3.7%
AED 8,060

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