Port de La Mer

It is a low-rise island community built around a marina rather than a tower district. Buildings run four to eight storeys, the waterfront is pedestrianised with controlled vehicle access, and residents have private beach access, a yacht club with more than 190 berths and promenade dining on the doorstep, all within about 18 minutes of Downtown Dubai. It was also the first master community in Jumeirah to be sold freehold.

Meraas is the master developer and built all seven residential sub-communities. Meraas opened La Mer in 2017, launched Port de La Mer in 2018 and became part of Dubai Holding, the Dubai Government investment arm, in June 2020. Its other destinations include City Walk, Bluewaters, Jumeira Bay, Pearl Jumeira and Dubai Harbour. The Gran Melia Dubai hotel inside the master plan is owned by ASB Investment and operated by Melia Hotels International.

Seven phases: La Cote (5 buildings, 408 apartments), La Rive (4 buildings, more than 250 apartments and penthouses), La Sirene (6 buildings, 281 homes including duplexes), La Voile (3 buildings), Le Pont (3 buildings), Le Ciel, also recorded as Le Soleil (3 buildings), and Sur La Mer (147 beachfront townhouses). That is 24 apartment buildings plus the townhouse row, and every phase has been handed over.

One to five bedroom apartments, penthouses, duplexes of up to six bedrooms in La Sirene, and three to five bedroom townhouses in Sur La Mer. Typical Built-up Areas on the resale market are about 660 to 1,100 sq ft for one-bedrooms, 1,090 to 1,990 sq ft for two-bedrooms, 1,680 to 2,540 sq ft for three-bedrooms and 2,620 to 3,890 sq ft for four-bedrooms, with townhouses from roughly 2,700 to 6,850 sq ft and the largest penthouses above 11,000 sq ft.

Resale listings averaged about AED 3,060 per square foot, approximately USD 833, in October 2026, with an average asking price of AED 3.82 million, about USD 1.04 million. One-bedrooms list from about AED 1.9 million, around USD 517,400; registered transfers in September 2026 ranged from roughly AED 2,400 to 4,700 per square foot, about USD 650 to 1,280, depending on phase, floor and view. Sur La Mer townhouses transferred between AED 16.5 million and 30 million, about USD 4.49 million to 8.18 million, in 2026.

Portal data for the twelve months to October 2026 puts median annual rents at about AED 130,000 for a one-bedroom, roughly USD 35,400, AED 200,000 for a two-bedroom, roughly USD 54,500, and AED 400,000 for a three-bedroom, roughly USD 108,900. Gross yields on listing data run from about 4.6 percent community-wide to 5.6 percent on one-bedroom apartments. Yields are gross figures before service charges, which are set per building and approved annually through the Mollak system.

The community connects to the Jumeirah 1 mainland by bridge and road and to Sheikh Zayed Road beyond. Dubai International Airport is about 19 minutes by car, Downtown Dubai and Dubai Mall about 18 minutes, City Walk 10 to 12 minutes, Palm Jumeirah 29 minutes and Al Maktoum International Airport around 54 minutes. World Trade Centre Metro station is about 15 minutes by car and the nearest bus stops are a five-minute drive, so most residents rely on cars, taxis or their own boats.

Yes, Port de La Mer is freehold for all nationalities; Meraas describes it as the first freehold master community in Jumeirah. Dubai's 10-year property investor Golden Visa requires property worth at least AED 2 million, about USD 544,600, at Dubai Land Department valuation, and several properties can be combined to reach it. Most one-bedroom units in the community now transact above that threshold, so a single apartment is usually enough. Mortgaged purchases qualify with a no-objection certificate from a UAE-licensed bank under the rules in force since February 2026.

The main cost is the 4 percent Dubai Land Department transfer fee on the purchase price, plus registration trustee and administrative charges. Because developer stock is sold out, purchases are resale transfers registered at a Dubai Land Department trustee office, with the title deed issued in your name on completion. Payment is accepted by bank transfer, manager's cheque, cash or cryptocurrency, settled through compliant channels at transfer. There is no annual property tax in Dubai; owners pay building service charges based on unit size.

The residential community is complete: La Cote, La Rive, Sur La Mer (2022), La Sirene (2024), La Voile, Le Pont and Le Ciel (2025) have all been handed over and trade on the resale market. Still under construction inside the master plan is the Gran Melia Dubai beachfront resort, scheduled to open in 2027. Around it, La Mer South reopened as J1 Beach from October 2024 with beach clubs and licensed restaurants, Meraas is developing Solaya at La Mer Central, and the Jumeirah Asora Bay resort at La Mer South is scheduled for 2029.