2-bed · 1,367 sqftLa Rive Building 3, La Mer · 1st floor · completed 2022

111, La Rive Building 3

Sold prices and rental history: sold twice, last in March 2024, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 27 April 2024
Last soldAED 3.1M29 March 2024
Current rentAED 180K /yr27 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, La Rive Building 3

What is 111 worth today?

Last sold for AED 3,100,000 in 2024

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27 Apr 2024RentedNew contract
AED 180,000/yr12 months · AED 132 per sqft
29 Mar 2024SoldReady
AED 3,100,000AED 2,267 per sqft
1 Apr 2021Sold by developerOff-plan
AED 2,238,000AED 1,633 per sqft

Source: Dubai Land Department. Updated 27 April 2024.

Key facts

Type
2-bed apartment
Size
1,367 sqft
Floor
1st of 5
Parking
C-025
Developer
PDLM Residential
Completed
2022
Last sold
AED 3.1M · March 2024

About 111, La Rive Building 3

111 is a two-bedroom apartment of 1,367 sqft on the 1st floor of La Rive Building 3, a 5-storey tower in La Mer completed in 2022 by PDLM Residential . It last sold on 29 March 2024 for AED 3,100,000, or AED 2,267 per sqft, 19% below the AED 2,794 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 April 2024. The current contract, signed on 27 April 2024, is AED 180,000 a year: a gross yield of 5.8% on the 2024 price.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical two-bed in La Rive Building 3
2M3M201920212023Typical sale price by year: 2019 AED 2,138,000; 2020 AED 2,107,000; 2021 AED 2,069,000; 2022 AED 2,725,000; 2023 AED 3,350,000Sold by developer, April 2021: AED 2,238,000 (AED 1,633 per sqft)Sold, March 2024: AED 3,100,000 (AED 2,267 per sqft)

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

Rents
Unit 111, each contractTypical two-bed in La Rive Building 3
175K200K225K2023202420252026Typical rent by year: 2023 AED 172,500; 2024 AED 180,000; 2025 AED 220,000New contract, April 2024: AED 180,000 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 3, and where 111 sits

All 35 2-beds →

111 last sold in March 2024 at AED 2,267 per sqft, 19% below what two-beds in La Rive Building 3 were fetching at the time (AED 2,794).

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jun 20253,500,000
17 Sep 20233,403,000
30 May 20233,150,000
8 May 20233,525,000
0 2-bed sales in the last 12 months

La Rive Building 3

Building

70 apartments, 1-bed to 3-bed over 5 floors in La Mer, completed in 2022 by PDLM Residential . 4 sold in the last 12 months.

Typical price per sqft
AED 2,724
Typical sale
AED 2.18M
Typical rent
AED 140K /yr
Typical yield
5.9%
La Rive Building 3, La Mer: prices, sales and rents →

Other units on the 1st floor

All 70 units in La Rive Building 3
Value
1012-bedAED 2.07M · Jan 2021
1022-bedAED 2.7M · May 2022
1031-bedAED 1.43M · May 2021
1041-bedAED 1.65M · Nov 2022
1051-bedAED 2M · Dec 2022
1061-bedAED 1.33M · Nov 2019
1071-bedAED 1.95M · Apr 2023
1–7 of 11

111, La Rive Building 3 in numbers

  • Sold twice: first on 1 April 2021 for AED 2,238,000, last on 29 March 2024 for AED 3,100,000 (AED 2,267 per sqft).
  • Rented since April 2024 on one Ejari contract, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2024 price is 5.8%.

Source: Dubai Land Department. Updated 27 April 2024.

Questions about 111, La Rive Building 3

What did unit 111 last sell for?

AED 3,100,000 on 29 March 2024: AED 2,267 per sqft for 1,367 sqft. The unit has 2 registered sales; the first was AED 2,238,000 in April 2021.

What is the rent for unit 111?

AED 180,000 a year on the contract signed on 27 April 2024.

How big is unit 111?

1,367 sqft (127.0 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2022.

What is unit 111 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 111, La Rive Building 3

Starts from the last sale price (AED 3.1M, 29 March 2024). 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 →