2-bed · 1,294 sqftLa Rive Building 2, La Mer · 5th floor · completed 2022

501, La Rive Building 2

Sold prices and rental history: sold twice, last in January 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 3 January 2022
Last soldAED 3.1M3 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, La Rive Building 2

What is 501 worth today?

Last sold for AED 3,100,000 in 2022

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3 Jan 2022SoldOff-plan
AED 3,100,000AED 2,395 per sqft
24 Nov 2019Sold by developerOff-plan
AED 2,758,000AED 2,131 per sqft

Source: Dubai Land Department. Updated 3 January 2022.

Key facts

Type
2-bed apartment
Size
1,294 sqft
Floor
5th of 5
Parking
1
Developer
PDLM Residential
Completed
2022
Last sold
AED 3.1M · January 2022

About 501, La Rive Building 2

501 is a two-bedroom apartment of 1,294 sqft on the 5th floor of La Rive Building 2, a 5-storey tower in La Mer completed in 2022 by PDLM Residential . It last sold on 3 January 2022 for AED 3,100,000, or AED 2,395 per sqft, 45% above the AED 1,654 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, 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 2,758,000 (AED 2,131 per sqft)Sold, January 2022: AED 3,100,000 (AED 2,395 per sqft)

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

Rents
Unit 501, 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 224,998

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 501 sits

All 31 2-beds →

501 last sold in January 2022 at AED 2,395 per sqft, 45% above what two-beds in La Rive Building 2 were fetching at the time (AED 1,654). 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.

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 5th floor

All 81 units in La Rive Building 2
Value
5021-bedAED 3.4M · Mar 2023
5032-bedAED 3.05M · Oct 2021
5041-bedAED 1.78M · Nov 2019
5055-bedAED 28M · Oct 2022
506AED 3.3M · Nov 2025
5072-bedAED 2.7M · Dec 2022
5081-bedAED 1.46M · Jul 2019
1–7 of 14

501, La Rive Building 2 in numbers

  • Sold twice: first on 24 November 2019 for AED 2,758,000, last on 3 January 2022 for AED 3,100,000 (AED 2,395 per sqft).
  • 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 3 January 2022.

Questions about 501, La Rive Building 2

What did unit 501 last sell for?

AED 3,100,000 on 3 January 2022: AED 2,395 per sqft for 1,294 sqft. The unit has 2 registered sales; the first was AED 2,758,000 in November 2019.

How big is unit 501?

1,294 sqft (120.2 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2022.

What is unit 501 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 501, La Rive Building 2

Starts from the last sale price (AED 3.1M, 3 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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