La Mer
About La Mer
Amongst one of the hottest spots in town, La Mer is actually one of the most trendy waterfront communities in Jumeirah 1, Dubai. Offering a balance between modern and stylish buildings with unparalleled views of the Arabian Gulf, La Mer boasts high-class living for its residents. The lavish location extends over 13.4 million square feet and is therefore further subdivided into localities like La Mer North and La Mer South.
From world-class apartments to penthouses, luxurious villas, and spacious townhouses, La Mer boasts a diverse portfolio of residential options. Properties were designed to answer the needs of discerning individuals and families who look for high-class living with easy access to the beach and modern amenities.
Latest Off Plan Projects in La Mer
Community Features
La Mer Connectivity
Off-plan Projects in La Mer
With new changes always arising in La Mer, several investment opportunities from projects that are currently proposed and off-plan are presented. Probably the most expected one would be Jumeirah Residences Asora Bay. It is expected to contain a range of 4 to 7-bedroom luxurious apartments with spectacular panoramic Arabian Gulf and skyline views. Its luxury offerings would provide modern architecture matched with modern amenities for all categories of lifestyles.
This new addition to La Mer will introduce privileged beaches, high-class fitness centers, and serene outdoors for future residents, along with proximity to the finest offerings of dining, retail, and entertainment in this highly sought-after area.
Average Price for Properties in La Mer Jumeirah
The prices of properties in La Mer Jumeirah like any other luxurious property in Dubai are fixated in a premium niche. Because the area is by the beach and has some of the best class amenities, the average price per square meter for houses in La Mer is higher than that found in most areas of Dubai. The cost of houses in La Mer are as follows, a 1 bedroom apartment costs about AED 2,385,000 while a 2 bedroom costs AED 3,947,000. Larger ones can get up to AED 8,352,000 for a 3 bedroom apartment.
Likewise, the proposed prices for villas at La Mer are on the high side; for instance, a 3 bedroom villa costs an average price of AED 10,380,000, 4 bedroom villas are sold at AED 15,190,000 and a five bedroom villa costs AED 27,176,000. These prices do certainly say quite a lot about the lifestyle this community will be leading, the quality of the place, and yes, the location as well.
ROI in La Mer Jumeirah
With its prime beachfront location, continuous demand for rental properties, and the area’s overall development, the community sees a strong ROI. The rental yields are particularly impressive for apartments. A 1 bedroom apartment offers a rental yield of 5.63%, while a 2 bedroom apartment provides 5.45%. 3 bedroom apartments offer slightly lower yields at 4.89%. It contrasted villas in La Mer that had slightly lower returns; for example, the yield for a 3 bedroom villa is 3.80%, and for a 4 bedroom and 5 bedroom villa, it goes for 3.20% and 2.85%, respectively.
Master Plan of La Mer
The development offers a well-thought-out, professionally planned community where comprehensive recreational facilities, high-end living, great outdoor living spaces and direct access to the beach are inherent to the plan’s architecture. La Mer Jumeirah comprises units, shops, restaurants, leisure facilities and spaces.
The community is divided into two areas: It operates two La Mer which are La Mer North and La Mer South with their individual features that distinguish them from each other. La Mer North is more on the quiet end and is further from the beaches, while La Mer South has some famous retail and entertainment outlets namely Laguna Waterpark and Roxy Cinemas.
