Apartments Market
La Mer
Investment-grade market analysis for prestigious apartments across one of Dubai's most commanding communities curated for discerning investors and owner-occupants.
Avg. Price / Sqft
AED 1,265
+0% YoYTransactions (2024)
439
+2.3% vs prior yearGross Rental Yield
7.8%
Rental index AED 131,021 p.a.
Total Volume
AED 0.75B
Median deal AED 1,229,354
Year-over-Year Market Overview
La Mer apartments recorded a measured market recalibration of 0.0% in 2024, with average pricing at AED 1,265 per sqft positioning this prime, curated segment among Dubai's most sought-after real estate. Gross rental yields of 7.8% underscore the investment-grade fundamentals, attracting a discerning global investor base seeking curated, signature assets within one of the world's most transparent and tax-efficient property markets.
Capital Growth Forecast
+7.9%
12-month forward projection
Market Tier
Upper Mid-Market
Dubai luxury classification
Price Per Sqft Trends
| Year | Avg. AED / Sqft | Transactions | Volume |
|---|---|---|---|
| 2024Current | 1,265 | 439 | AED 748M |
| 2025 | 1,414 | 435 | AED 1834M |
| 2026 | 1,578 | 445 | AED 1745M |
Transaction Volume
The La Mer apartments segment recorded 439 transactions in 2024, generating AED 0.75B in total capital deployed. This commanding market activity reflects sustained institutional interest and a curated pipeline of signature transfers from both primary and secondary markets.
Volume growth of +2.3% year-over-year underscores the prestige positioning of this property type within one of Dubai's most investment-grade communities.
Investment Outlook
Gross Rental Yield
7.8% competitive within the Upper Mid-Market tier, with rental index at AED 131,021 per annum.
Capital Growth Forecast
Forward projection of +7.9% over 12 months, supported by curated supply constraints and sustained prime demand.
Median Transaction
AED 1,229,354 reflecting investment-grade entry points for discerning capital.
Supply Pipeline
Curated upcoming developments scheduled to deliver apartments inventory in La Mer, shaping the supply-demand dynamic for 2024 and beyond.
Prestige Quarter
Units
188
Expected Handover
Q1 2026
Prestige Quarter
Units
351
Expected Handover
Q3 2027
Prestige Quarter
Units
138
Expected Handover
Q4 2025
Prestige Quarter
Units
291
Expected Handover
Q2 2026
Comparable Communities
Signature communities offering comparable apartments investment profiles within Dubai's prestigious luxury property landscape.
Apartments Market Other Years
La Mer 2024 Other Property Types
Explore Signature Apartments in La Mer
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