officially Jumeirah First
AED 6,650/sqft
August 2026 · 5 sales
+42.9%
+4%
52%
Last 12 months · 275 sales
3.8%
Ready homes, last 12 months · 133 sales · 967 tenancy contracts, new lets and renewals
35
Registered DLD sales · medians, not estimates · how we compute this
A typical residential sale here is AED 14.39M for about 2,119 sqft in the last 12 months (275 sales); across all 3,107 recorded sales the median is AED 2,462,000.
Ready-home prices here have moved +42.9% across the 98 months (Jun 2018 – Aug 2026) of Land Department records we hold — a pace of +4% a year if it continued.
That is the whole 98 months of records for this area, expressed as an annual pace. It averages across every cycle in that period, so it describes the long run rather than the market today. Treat it as history, not a forecast.
Comparing a launch price against a resale price without separating them is the most common way Dubai price-per-square-foot figures mislead.
Off-plan
AED 1,963/sqft
2,221 recorded sales
Ready
AED 2,694/sqft
886 recorded sales
Off-plan trades 27% below completed homes here. A single blended figure would sit between the two and describe neither.
Median size and price for every bedroom count with at least 15 recorded sales. Dubai Land Department records a room count on nearly every sale, so this is a breakdown of real transactions rather than an estimate. The headline price is the last 12 months; the median across every sale on record sits under it.
Rent is matched to homes by bedroom count where Ejari records one, which most contracts do, and by floor area where it does not — each row says which. Every figure is the median of registered new lets: a renewal is capped under Decree 43 of 2013 and sits below what the same home lets for today.
| Size | Typical home | Price, last 12 months · ready and off-plan | Per sqft, all years | Typical rent | Sales, all years |
|---|---|---|---|---|---|
| 1 bed | 810 sqft | AED 2,300,000 64 sales all years AED 1,733,500 | AED 2,098/sqft | AED 110,250/yr 360 tenancies | 1,176 |
| 2 beds | 1,227 sqft | AED 4,800,000 82 sales all years AED 2,715,000 | AED 2,124/sqft | AED 180,000/yr 290 tenancies | 1,131 |
| 3 beds | 2,117 sqft | AED 24.53M 56 sales all years AED 5,671,000 | AED 2,650/sqft | AED 240,000/yr 56 tenancies | 359 |
| 4 beds | 4,351 sqft | AED 32.87M 51 sales all years AED 14.25M | AED 4,063/sqft | — | 133 |
| 5 beds | 10,348 sqft | AED 82.45M 15 sales all years AED 68.5M | AED 7,066/sqft | — | 36 |
| Size | Typical home | Price, last 12 months · ready and off-plan | Per sqft, all years | Typical rent | Sales, all years |
|---|---|---|---|---|---|
| 3 beds | 2,843 sqft | fewer than 10 sales in 12 months all years AED 4,960,000 | AED 1,656/sqft | AED 241,250/yr 48 tenancies | 87 |
| 4 beds | 4,809 sqft | fewer than 10 sales in 12 months all years AED 6,552,500 | AED 1,452/sqft | AED 320,000/yr 112 tenancies | 102 |
| 5 beds | 6,494 sqft | fewer than 10 sales in 12 months all years AED 9,936,000 | AED 1,641/sqft | AED 390,000/yr 94 tenancies | 81 |
Every other figure on this page is about homes that sold. This is the standing stock, from the Land Department’s unit register.
Registered units
1,738
In La Mer, from the Land Department's register of flats.
Freehold
100%
Every unit in La Mer with a recorded type is freehold, so foreign ownership is permitted throughout.
Typical size
1,206 sqft
Median of the 1,736 units that record one.
By size of home
Apartments, stacked townhouses and commercial units. Villas are not in this dataset.
From 2,780 tenancy contracts registered with Ejari in the last 12 months — agreed rents, not advertised ones.
Typical annual rent
AED 175,000/yr
for ~1,733 sqft
Rent per sqft
AED 86/sqft
per year
Renewals
65%
of contracts
Contracts
2,780
last 12 months
What it costs to rent here
Median annual rent, by size of home.
Matched to tenancies by bedroom count where Ejari records one — most contracts do — and by floor area where it does not; the table below says which for each row. Renewing tenants pay about 32% less per sqft than someone signing a new lease here.
A year’s rent against what completed homes of that size actually sold for in La Mer over the same twelve months — both from registered records. Off-plan sales are left out of the price, because rent is paid on built homes and off-plan sells at a premium.
| Size | Costs now, ready | Rents for | Gross yield | Ready sales, 12m |
|---|---|---|---|---|
| 1 bed | AED 2.3M | AED 110,250/yrby bedroom · 360 new lets | 4.8% | 61 |
| 2 beds | AED 3.88M | AED 180,000/yrby bedroom · 290 new lets | 4.6% | 50 |
| 3 beds | AED 8.93M | AED 240,000/yrby bedroom · 56 new lets | 2.7% | 10 |
The best gross yield here is on a 1 bed at 4.8%. Smaller homes almost always yield more than larger ones — they cost proportionally less and rent for proportionally more.
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 1 bed here reads 6.4% instead of 4.8%, because it prices the home at AED 1.73M — the median across every sale on record — rather than the AED 2.3M a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
We hold no filed budget for this one, so this starts from a placeholder rather than a measurement — it’s on the service charge invoice, or on RERA’s Service Charge Index. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 12,155 | AED 98,095 | 4.8% | 4.3% |
| 2 beds | AED 18,401 | AED 161,599 | 4.6% | 4.2% |
| 3 beds | AED 31,761 | AED 208,239 | 2.7% | 2.3% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
a 1-bedroom rents for a median AED 110,250/yr, a 2-bedroom for AED 180,000/yr, a 3-bedroom for AED 240,000/yr, a 3-bedroom for AED 241,250/yr. These are medians of tenancy contracts registered with Ejari in La Mer over the last twelve months — what tenants agreed to pay, not advertised asking rents. Rent is matched to homes by bedroom count where Ejari records one — most contracts do — and by floor area where it does not; each row on this page says which.
The median residential sale price in La Mer was AED 6,650/sqft in August 2026, from 5 sales registered that month. Over the last 12 months a typical home here sold for about AED 14.39M and measured about 2,119 sqft (275 sales). These are medians of sales actually registered with the Dubai Land Department, not of asking prices.
Gross yields on ready homes in La Mer run about 4.8% on a 1-bedroom apartment, 4.6% on a 2-bedroom apartment, 2.7% on a 3-bedroom apartment, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Smaller homes yield more. These are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Yes. Every unit in La Mer whose tenure is recorded in the Land Department's register is freehold, so foreign nationals may own property here outright. The register holds 1,738 units for the area.
52% of the 275 sales registered in La Mer in the last 12 months were off-plan, and the rest were completed homes. The two trade at different prices, so a single blended price per square foot for the area would describe neither.
Median registered sale price per sqft in La Mer, by calendar quarter of the transaction date, ready homes and off-plan registrations kept apart. Complete quarters only; a quarter's median prints on 60 or more sales.
| Quarter | Ready homes · median per sqft | vs a year earlier | Off-plan · median per sqft |
|---|---|---|---|
| Q3 2024 | —30 sales, under the 60 floor | — | —15 registrations, under the 60 floor |
| Q4 2024 | —52 sales, under the 60 floor | — | —8 registrations, under the 60 floor |
| Q1 2025 | —57 sales, under the 60 floor | — | —11 registrations, under the 60 floor |
| Q2 2025 | AED 2,967/sqft67 sales | — | —40 registrations, under the 60 floor |
| Q3 2025 | —38 sales, under the 60 floor | — | —5 registrations, under the 60 floor |
| Q4 2025 | —47 sales, under the 60 floor | — | AED 6,994/sqft86 registrations |
| Q1 2026 | —49 sales, under the 60 floor | — | —30 registrations, under the 60 floor |
| Q2 2026still registering | —16 sales, under the 60 floor | — | —21 registrations, under the 60 floor |
Q2 2026 holds 16 ready sales against about 45 in each of the three quarters before it: registrations for it are still being filed, and its median will settle in later months.
A median is not an index: it moves when the mix of what sold moves, and a single quarter's move against the one before it reverses the next quarter about half the time on this register. Read the level, its sample, and the change against the same quarter a year earlier.
Every registered residential sale in this area by month, ready homes and off-plan together, so this is the history of what sold rather than a rate. The newest month is still being registered and will move. The rates on this page read ready homes alone.
Closest to La Mer on median price per square foot. Areas with fewer than 10 recorded sales are left out, because a median drawn from a handful of deals is not worth comparing against.
Each has at least twenty sales on record, so its own median means something. Ordered by how much has traded.
Jumeirah Asora Bay
Dhre 2 Bts L.L.C
Jumeirah Residences - Asora Bay - Ocean Mansions
Dhre 2 Bts L.L.C
La Rive
PDLM RESIDENTIAL L.L.C
Port De La Mer - La Cote
PDLM RESIDENTIAL L.L.C
Port De La Mer - La Sirene
PDLM RESIDENTIAL L.L.C
Port De La Mer - La Sirene 2
PDLM RESIDENTIAL L.L.C
Port De La Mer - La Voile
PDLM RESIDENTIAL L.L.C
Port De La Mer - Le Pont
PDLM RESIDENTIAL L.L.C
Port De La Mer - Le Soleil
PDLM RESIDENTIAL L.L.C
Solaya (1,2,3)
La Mer North Property Co. L.L.C
Solaya (4,6)
La Mer Central Property Co. L.L.C
Solaya (5,7)
La Mer Central Property Co. L.L.C
Sur La Mer
LA MER NORTH RESIDENTIAL L.L.C
Sur La Mer 2
LA MER NORTH RESIDENTIAL L.L.C