Upper Mid-Market · 2024 Market Intelligence

Studios Market
La Mer

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

Avg. Price / Sqft

AED 1,458

+0% YoY

Transactions (2024)

337

-4.5% vs prior year

Gross Rental Yield

7.3%

Rental index AED 258,546 p.a.

Total Volume

AED 1.51B

Median deal AED 1,740,078

Year-over-Year Market Overview

La Mer studios recorded a measured market recalibration of 0.0% in 2024, with average pricing at AED 1,458 per sqft positioning this prime, curated segment among Dubai's most sought-after real estate. Gross rental yields of 7.3% 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

+4.3%

12-month forward projection

Market Tier

Upper Mid-Market

Dubai luxury classification

Price Per Sqft Trends

YearAvg. AED / SqftTransactionsVolume
2024Current1,458337AED 1511M
20251,585334AED 966M
20261,721343AED 1723M

Transaction Volume

The La Mer studios segment recorded 337 transactions in 2024, generating AED 1.51B 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 -4.5% 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

    7.3% competitive within the Upper Mid-Market tier, with rental index at AED 258,546 per annum.

  • Capital Growth Forecast

    Forward projection of +4.3% over 12 months, supported by curated supply constraints and sustained prime demand.

  • Median Transaction

    AED 1,740,078 reflecting investment-grade entry points for discerning capital.

Supply Pipeline

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

The Pinnacle

Units

338

Expected Handover

Q3 2025

The Pinnacle

Units

233

Expected Handover

Q1 2024

The Pinnacle

Units

90

Expected Handover

Q2 2026

Comparable Communities

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

Studios Market Other Years

La Mer 2024 Other Property Types

Explore Signature Studios in La Mer

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