PropTrack
Loading DLD data

Community in Dubai, DLD district Jumeirah First

La Mer

La Mer is one of Dubai's priciest areas: homes sold for a median AED 2,950 per sqft over the past year, against AED 1,733 for Dubai as a whole. It is a smaller market, with 291 sales in 12 months, 49% of them off-plan. A typical 1-bedroom costs about AED 2.3M and rents for about AED 120K a year, a gross yield of about 5.2%. Prices are up 1.6% on a year earlier and up 16% over three years. 707 leases were registered with Ejari in the past year.

Price per sqft, past year
AED 2,950
+1.6% on a year ago
Sales, past year
291
49% off-plan
Net yield, apartments
1.9%
3.2% gross

Prices and rents by bedrooms in La Mer

HomeTypical priceSizeRent a yearGross yield
1 bedroomAED 2.3M805 sqftAED 120K5.2%
2 bedroomsAED 3.88M1,305 sqftAED 200K5.2%
3 bedroomsAED 7.9M3,188 sqftAED 410K—
4 bedrooms—4,604 sqftAED 650K—
5 bedrooms—7,643 sqftAED 1.1M—

Off-plan projects in La Mer

  • Solaya (1,2,3)0% builtMeraas (La Mer North Property), due 2029-06

Sources: Dubai Land Department sales and Ejari rent records, aggregated by Dubai Data (CC BY 4.0) and DXBData.io. Not an official DLD product. Information, not financial advice.