Upper Mid-Market · 2024 Market Intelligence

Duplexes Market
La Mer

Investment-grade market analysis for prestigious duplexes across one of Dubai's most commanding communities curated for discerning investors and owner-occupants.

Avg. Price / Sqft

AED 2,167

+0% YoY

Transactions (2024)

627

-1.4% vs prior year

Gross Rental Yield

7.8%

Rental index AED 149,116 p.a.

Total Volume

AED 2.84B

Median deal AED 4,238,911

Year-over-Year Market Overview

La Mer duplexes recorded a measured market recalibration of 0.0% in 2024, with average pricing at AED 2,167 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

+8.6%

12-month forward projection

Market Tier

Upper Mid-Market

Dubai luxury classification

Price Per Sqft Trends

YearAvg. AED / SqftTransactionsVolume
2024Current2,167627AED 2843M
20252,398630AED 3019M
20262,657620AED 2173M

Transaction Volume

The La Mer duplexes segment recorded 627 transactions in 2024, generating AED 2.84B 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 -1.4% 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 149,116 per annum.

  • Capital Growth Forecast

    Forward projection of +8.6% over 12 months, supported by curated supply constraints and sustained prime demand.

  • Median Transaction

    AED 4,238,911 reflecting investment-grade entry points for discerning capital.

Supply Pipeline

Curated upcoming developments scheduled to deliver duplexes inventory in La Mer, shaping the supply-demand dynamic for 2024 and beyond.

Prestige Quarter

Units

215

Expected Handover

Q1 2027

Prestige Quarter

Units

395

Expected Handover

Q3 2026

Comparable Communities

Signature communities offering comparable duplexes investment profiles within Dubai's prestigious luxury property landscape.

Duplexes Market Other Years

La Mer 2024 Other Property Types

Explore Signature Duplexes in La Mer

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