Community · #19 by 12M value

La Mer

Median price per sqft · last 3 months

AED 3,071 /sqft

3M like-for-like: —
vs 1 year ago: —
Sales 30D: 3

Market bulletin · Thu, 22 Oct 2026

La Mer: 3 sales worth AED 36.5M in 30 days

La Mer recorded 3 sales worth AED 36.5M in the 30 days to Thu, 22 Oct 2026, down 40.0% on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 0 the week before.

The median sale over the last three months was AED 4.00M, or AED 3,071/sqft. Monthly medians over the past year ranged from AED 2,821/sqft to AED 7,926/sqft.

By market over 12 months: developer off-plan sales 58.5%, off-plan resales 1.1%, secondary (ready) sales 40.4%.

Solaya 3 was the most active project by value over 12 months (26 sales, AED 837M), and Meraas Development the leading developer with 100% of value.

Leases registered in the last three months had a median annual rent of AED 140K. The best gross yield is on 2 BR apartments at about 5.6%.

Median AED/sqft

Monthly median of all registered sales

View data table

Median AED/sqft
Date	AED/sqft
Oct 26	—
Sept 26	AED 2,884
Aug 26	—
Jul 26	AED 3,159
Jun 26	AED 2,821
May 26	AED 7,926
Apr 26	AED 3,838
Mar 26	AED 2,916
Feb 26	AED 4,110
Jan 26	AED 7,046
Dec 25	AED 6,921
Nov 25	AED 6,815
Oct 25	AED 3,011
Sept 25	AED 2,960
Aug 25	AED 2,504
Jul 25	AED 2,858
Jun 25	AED 3,395
May 25	AED 3,198
Apr 25	AED 2,510
Mar 25	AED 2,710
Feb 25	AED 2,617
Jan 25	AED 2,429
Dec 24	AED 2,759
Nov 24	AED 2,586

Off-plan vs resale vs secondary

Monthly median AED/sqft by market (months with 10+ sales)

View data table

Off-plan vs resale vs secondary
Date	Off-plan (developer)	Secondary (ready)
Oct 26	—	—
Sept 26	—	—
Aug 26	—	—
Jul 26	—	—
Jun 26	—	—
May 26	—	—
Apr 26	—	—
Mar 26	—	—
Feb 26	—	—
Jan 26	AED 7,171	—
Dec 25	AED 7,139	AED 3,160
Nov 25	AED 6,905	AED 2,896
Oct 25	—	AED 2,919
Sept 25	—	AED 2,960
Aug 25	—	AED 2,477
Jul 25	—	AED 2,858
Jun 25	—	AED 2,703
May 25	—	AED 3,097
Apr 25	—	AED 2,510
Mar 25	—	AED 2,710
Feb 25	—	AED 2,617
Jan 25	—	AED 2,429
Dec 24	—	AED 2,759
Nov 24	—	AED 2,586

Sales per month

Registered sales by market

View data table

Sales per month
Date	Off-plan (developer)	Off-plan resale	Secondary (ready)
Oct 26	0	0	1
Sept 26	0	0	5
Aug 26	1	1	2
Jul 26	0	0	8
Jun 26	2	0	3
May 26	6	0	1
Apr 26	4	0	5
Mar 26	2	0	7
Feb 26	5	0	7
Jan 26	17	0	7
Dec 25	31	1	12
Nov 25	42	0	14

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
Window	Sales	vs prior	vs 1Y ago	Value	vs prior	AED/sqft	vs prior	vs 1Y ago
Last 1 month	3	down 40.0%	down 83.3%	AED 36.5M	up 26.7%	—	—	—
Last 3 months	11	down 42.1%	down 79.2%	AED 138M	down 70.3%	3,071	down 17.2%	up 7.5%
Last 6 months	30	down 80.8%	down 76.0%	AED 601M	down 84.4%	3,574	down 47.7%	up 18.4%
Last 12 months	188	down 41.8%	down 41.8%	AED 4.46B	up 36.7%	6,756	up 146.7%	up 146.7%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
Market	Sales	Share	Median price	AED/sqft	1Y
Off-plan (developer)	110	59%	AED 30.4M	7,096	down 13.1%
Off-plan resale	2	1%	—	—	—
Secondary (ready)	76	40%	AED 2.50M	2,915	up 8.2%

By bedrooms (12M)
Bedrooms	Sales	Share	Median price	AED/sqft	1Y
1 bedroom	41	22%	AED 2.30M	2,870	up 6.9%
2 bedrooms	51	27%	AED 5.23M	4,340	up 62.7%
3 bedrooms	38	20%	AED 25.1M	6,930	up 159.8%
4 bedrooms	41	22%	AED 32.3M	7,028	up 106.9%
5+ bedrooms	17	9%	AED 54.6M	6,917	up 20.4%

By property type (12M)
Type	Sales	Share	Median price	AED/sqft	1Y
Apartments	182	97%	AED 16.7M	6,780	up 145.9%
Villas	1	1%	—	—	—
Townhouses	5	3%	AED 26.5M	3,879	up 45.4%

By price band (12M)
Price	Sales	Share	Median price	AED/sqft	1Y
Under AED 2M	4	2%	—	—	—
AED 2M–10M	65	35%	AED 2.48M	2,884	up 4.2%
AED 10M–50M	107	57%	AED 26.7M	7,033	up 112.9%
AED 50M+	12	6%	AED 98.3M	7,238	down 11.4%

Rents & yields

Leases registered with Ejari / DLD.

Median annual rent

Monthly median of registered leases (new and renewed)

View data table

Median annual rent
Date	Annual rent
Oct 26	AED 160K
Sept 26	AED 125K
Aug 26	AED 170K
Jul 26	AED 130K
Jun 26	AED 170K
May 26	AED 146K
Apr 26	AED 168K
Mar 26	AED 190K
Feb 26	AED 200K
Jan 26	AED 173K
Dec 25	AED 186K
Nov 25	AED 165K
Oct 25	AED 148K
Sept 25	AED 154K
Aug 25	AED 150K
Jul 25	AED 145K
Jun 25	AED 164K
May 25	AED 178K
Apr 25	AED 175K
Mar 25	AED 200K
Feb 25	AED 170K
Jan 25	AED 190K
Dec 24	AED 200K
Nov 24	AED 152K

Leases (12M): 720
New leases: 55.8%
Median rent 3M: AED 140K
Rent/sqft 3M: AED 146

Gross yield
1 BR apartments	AED 120K / AED 2.30M	5.2%
2 BR apartments	AED 200K / AED 3.58M	5.6%

Rent by bedrooms (12M)
Bedrooms	Leases	Median rent	New leases	AED/sqft/yr
1 BR	278	AED 120K	AED 123K	149
2 BR	209	AED 200K	AED 200K	160
3 BR	53	AED 410K	AED 410K	170
4 BR	24	AED 625K	AED 580K	145
5+ BR	12	AED 1.10M	—	161

Top projects

By sales value, last 12 months

Top projects
Project	Sales 12M	Value 12M	AED/sqft	3M
Solaya 3La Mer	26	AED 837M	—	—
Solaya 6La Mer	20	AED 648M	—	—
Solaya 2La Mer	22	AED 634M	—	—
Solaya 1La Mer	17	AED 486M	—	—
Jumeirah Residences Asora BayLa Mer	4	AED 480M	—	—
Solaya 5La Mer	11	AED 377M	—	—
Solaya 4La Mer	11	AED 300M	—	—
Sur La MerLa Mer	3	AED 86.8M	—	—
Sur La Mer 2La Mer	2	AED 29.9M	—	—
La Rive Building 3La Mer	8	AED 26.1M	—	—
La Rive Building 2La Mer	4	AED 21.3M	—	—
Le Pont Building 3La Mer	7	AED 16.4M	—	—
La Cote Building 1La Mer	5	AED 14.9M	—	—
La Sirene Block 6La Mer	4	AED 14.2M	—	—
La Sirene Block 4La Mer	5	AED 13.6M	—	—

Developers in La Mer

Their sales here only, last 12 months

Top developers
Developer	Sales 12M	Value 12M	AED/sqft	Share
Meraas Development	170	AED 3.85B	6,696	100%

Similarly priced communities

Compare

Communities with the closest 12-month median AED/sqft

Peers
Name	Sales 12M	Value 12M	AED/sqft	3M
Jumeirah Second	82	AED 3.27B	9,351	—
Bluewaters Island	92	AED 868M	4,004	—
Trade Center First	193	AED 1.20B	3,937	—
Dubai Harbour	613	AED 4.47B	3,716	down 8.6%
DIFC 2.0	196	AED 905M	3,893	down 2.1%
Zaabeel Second	76	AED 601M	3,687	—
Palm Jumeirah	949	AED 12.11B	3,262	up 4.5%
Zaabeel First	77	AED 471M	3,471	—

Biggest sales, last 3 months

Biggest sales in La Mer
Price	Property	AED/sqft	Market	Date
AED 65.0M	4 BR Apartment · 7,807 sqftJumeirah Residences Asora Bay	8,326	Off-plan resale	5 Aug
AED 30.3M	5+ BR Townhouse · 6,828 sqftSur La Mer	4,430	Secondary (ready)	8 Oct
AED 16.7M	2 BR Apartment · 2,042 sqftSolaya 5	8,180	Off-plan (developer)	25 Aug
AED 4.78M	2 BR Apartment · 1,207 sqftLa Sirene Block 6	3,958	Secondary (ready)	25 Sept
AED 4.25M	2 BR Apartment · 1,093 sqftLa Voile Building 3	3,889	Secondary (ready)	27 Jul
AED 4.00M	2 BR Apartment · 1,303 sqftLa Rive Building 3	3,071	Secondary (ready)	17 Sept

Questions about La Mer

What is the average price per sqft in La Mer?

The median sale price in La Mer over the last three months was AED 3,071 per sqft (median sale AED 4.00M), based on 11 sales registered with Dubai Land Department.

How many properties were sold in La Mer in the last year?

188 sales worth AED 4.46B were registered in the last 12 months: 59% developer off-plan, 1% off-plan resales and 40% secondary (ready) sales.

What is the average rent in La Mer?

The median annual rent on leases registered in the last three months was AED 140K, and the best gross rental yield is about 5.6%.

Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.

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