Port de La Mer

As of Q2 2023, the sub-communities of Le Pont, Sur La Mer 2, La Rive, La Voile and La Côte have all been completed, enabling you to take advantage of lucrative offers within the secondary market. Potential tenants can select from an array of ready-made premium 1–5 bedroom apartments and 3–5 bedroom townhouses within the Port de La Mer community.

The size of units to rent range from 744 sq. ft to 9,680 sq. ft. Each property comes with one or more balconies, whilst select layouts also include a maid’s room for the utmost comfort and convenience of residents.

As of Q2 2023, one can rent a 1-bedroom or a 2-bedroom unit in Port De La Mer for either AED 115K (USD 31K) or AED 200K (USD 54K) per annum, and units with 3-bedroom layouts are available for AED 330K (USD 90K). The starting rental cost for a 3, 4 and a 5-bedroom townhouse is AED 850K (USD 231K), AED 700K (191K) and AED 1.2M (USD 327K) per annum respectively.

Port de La Mer is a waterfront residential development in the heart of Jumeirah 1. Properties offering panoramic views of the marina and Dubai skyline were developed by Meraas. Port de La Mer comprises low-rise apartment blocks featuring 1- to 4-bedroom apartments and 5-bedroom penthouses. There are several sub-communities, including Le Ponte, La Cote, La Rive, La Voile, and La Sirene. There is also a townhouse complex, Sur la Mer.

In the center of Port de La Mer, there is a 190+ berth marina. There is also a Yacht Club and a private beach accessible only to residents and their guests. The architecture inspired by the Mediterranean features bridges, arches, piazzas, and a central podium. Private landscaped terraces are available in some apartments. The waterfront promenade can be appreciated in restaurants and cafés, as well as outdoor parks and play areas for kids. Residents have access to swimming pools and fitness facilities and enjoy proximity to 4-star and 5-star hotels.

Apartments range from 700 sq. ft. to 5,600 sq. ft., while penthouses can reach almost 9,000 sq. ft. Prices start from AED 1,200,000 (USD 330,000).

The gross rental yield can reach 6-7%. Once the project is fully completed (Q3 2021) it promises an even better return on investment. The fact that Port de La Mer offers freehold ownership provides benefits to investors from any country:

• for foreigners and expats, it is one of the few chances to own private property in a luxurious part of Dubai without the restrictions characteristic of leasehold property
• for investors from the GCC countries, it means they can sell the property faster as the pool of potential buyers is wider in comparison with leasehold property.