2-bed · 1,211 sqftLa Rive Building 3, La Mer · 3rd floor · completed 2022

311, La Rive Building 3

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

Unit 311 · DLD and Ejari recordsUpdated 1 April 2023
Last soldAED 2.09M17 December 2019
Current rentAED 180K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, La Rive Building 3

What is 311 worth today?

Last sold for AED 2,085,000 in 2019

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1 Apr 2023RentedNew contract
AED 180,000/yr12 months · AED 151 per sqft
17 Dec 2019Sold by developerOff-plan
AED 2,085,000AED 1,721 per sqft

Source: Dubai Land Department. Updated 1 April 2023.

Key facts

Type
2-bed apartment
Size
1,211 sqft
Floor
3rd of 5
Parking
1
Developer
PDLM Residential
Completed
2022
Last sold
AED 2.09M · December 2019

About 311, La Rive Building 3

311 is a two-bedroom apartment of 1,211 sqft on the 3rd floor of La Rive Building 3, a 5-storey tower in La Mer completed in 2022 by PDLM Residential . The developer sold it on 17 December 2019 for AED 2,085,000, or AED 1,721 per sqft, in line with the AED 1,703 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 April 2023. The current contract, signed on 1 April 2023, is AED 180,000 a year: a gross yield of 8.6% on the 2019 price.

Sales and rents for 311 over time

Sales
Unit 311, 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, December 2019: AED 2,085,000 (AED 1,721 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 3
175K200K225K2023202420252026Typical rent by year: 2023 AED 172,500; 2024 AED 180,000; 2025 AED 220,000New contract, April 2023: 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 311 sits

All 35 2-beds →

311 last sold in December 2019 at AED 1,721 per sqft, in line with what two-beds in La Rive Building 3 were fetching at the time (AED 1,703).

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jun 20253,500,000
29 Mar 20243,100,000
17 Sep 20233,403,000
30 May 20233,150,000
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 . 3 sold in the last 12 months.

Typical price per sqft
AED 2,532
Typical sale
AED 2.05M
Typical rent
AED 140K /yr
Typical yield
6.4%
La Rive Building 3, La Mer: prices, sales and rents →

Other units on the 3rd floor

All 70 units in La Rive Building 3
Value
3012-bedAED 2.15M · Nov 2019
3022-bedAED 2.19M · Sep 2019
3031-bedAED 2.05M · Nov 2024
3041-bedAED 2.12M · Apr 2023
305AED 2.17M · Nov 2025
3061-bedAED 1.39M · May 2020
3071-bedAED 1.39M · Nov 2019
1–7 of 14

311, La Rive Building 3 in numbers

  • Sold once: by PDLM Residential on 17 December 2019 for AED 2,085,000, or AED 1,721 per sqft.
  • Rented since April 2023 on one Ejari contract, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2019 price is 8.6%.

Source: Dubai Land Department. Updated 1 April 2023.

Questions about 311, La Rive Building 3

What did unit 311 last sell for?

AED 2,085,000 on 17 December 2019, sold by the developer: AED 1,721 per sqft for 1,211 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 180,000 a year on the contract signed on 1 April 2023.

How big is unit 311?

1,211 sqft (112.5 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.

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Mortgage on 311, La Rive Building 3

Starts from the last sale price (AED 2.09M, 17 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,085,000
Deposit, UAE resident (20%)
AED 417,000
Deposit, non-resident (40%)
AED 834,000
Monthly over 25 years at 3.7%
AED 8,530

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