2-bed · 1,210 sqftLa Rive Building 3, La Mer · 5th floor · completed 2022

508, La Rive Building 3

Sold prices and rental history: sold twice, last in May 2023, and rented once, from May 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 23 May 2025
Last soldAED 3.53M8 May 2023
Current rentAED 220K /yr23 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, La Rive Building 3

What is 508 worth today?

Last sold for AED 3,525,000 in 2023

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23 May 2025RentedNew contract
AED 220,000/yr12 months · AED 182 per sqft
8 May 2023SoldReady
AED 3,525,000AED 2,913 per sqft
5 Nov 2019Sold by developerOff-plan
AED 1,998,000AED 1,645 per sqft

Source: Dubai Land Department. Updated 23 May 2025.

Key facts

Type
2-bed apartment
Size
1,210 sqft
Floor
5th of 5
Parking
C-006
Developer
PDLM Residential
Completed
2022
Last sold
AED 3.53M · May 2023

About 508, La Rive Building 3

508 is a two-bedroom apartment of 1,210 sqft on the 5th floor of La Rive Building 3, a 5-storey tower in La Mer completed in 2022 by PDLM Residential . It last sold on 8 May 2023 for AED 3,525,000, or AED 2,913 per sqft, 13% above the AED 2,584 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 May 2025. The current contract, signed on 23 May 2025, is AED 220,000 a year: a gross yield of 6.2% on the 2023 price.

Sales and rents for 508 over time

Sales
Unit 508, 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, November 2019: AED 1,998,000 (AED 1,645 per sqft)Sold, May 2023: AED 3,525,000 (AED 2,913 per sqft)

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

Rents
Unit 508, 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, May 2025: AED 220,000 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 508 sits

All 35 2-beds →

508 last sold in May 2023 at AED 2,913 per sqft, 13% above what two-beds in La Rive Building 3 were fetching at the time (AED 2,584).

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 5th floor

All 70 units in La Rive Building 3
Value
5013-bedAED 8.2M · Nov 2024
502AED 2.3M · Nov 2025
5031-bedAED 1.46M · Nov 2019
5041-bedAED 2.16M · Nov 2023
5051-bedAED 1.44M · Oct 2022
5061-bedAED 2.2M · May 2024
5072-bedAED 2.75M · Mar 2022
1–7 of 12

508, La Rive Building 3 in numbers

  • Sold twice: first on 5 November 2019 for AED 1,998,000, last on 8 May 2023 for AED 3,525,000 (AED 2,913 per sqft).
  • Rented since May 2025 on one Ejari contract, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2023 price is 6.2%.

Source: Dubai Land Department. Updated 23 May 2025.

Questions about 508, La Rive Building 3

What did unit 508 last sell for?

AED 3,525,000 on 8 May 2023: AED 2,913 per sqft for 1,210 sqft. The unit has 2 registered sales; the first was AED 1,998,000 in November 2019.

What is the rent for unit 508?

AED 220,000 a year on the contract signed on 23 May 2025.

How big is unit 508?

1,210 sqft (112.4 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2022.

What is unit 508 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 508, La Rive Building 3

Starts from the last sale price (AED 3.53M, 8 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,525,000
Deposit, UAE resident (20%)
AED 705,000
Deposit, non-resident (40%)
AED 1,410,000
Monthly over 25 years at 3.7%
AED 14,422

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