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© 2026 Keyva. Built on Dubai Land Department open data. Not affiliated with, or endorsed by, the Dubai Land Department or RERA.

Not a licensed brokerage. Figures are historical-trend estimates, not guarantees.

All areas

La Mer

officially Jumeirah First

Median per sqft

AED 6,650/sqft

Change / 106mo

+98.7%

Annualised pace

+8%

Sold off-plan

71%

Gross rental yield

1.3%

Mortgages per 100 resales

35

A typical residential sale here is AED 2,462,000 for about 1,213 sqft, from 3,107 recorded sales.

Prices here have moved +98.7% across the 106 months (Oct 2017 – Aug 2026) of Land Department records we hold — a pace of +8% a year if it continued.

That is the whole 106 months of records for this area, expressed as an annual pace. It averages across every cycle in that period, so it describes the long run rather than the market today. Treat it as history, not a forecast.

Off-plan and ready are different markets

Comparing a launch price against a resale price without separating them is the most common way Dubai price-per-square-foot figures mislead.

71%
Sold off-plan
of 3,107 sales

Off-plan

AED 1,963/sqft

2,221 recorded sales

Ready

AED 2,694/sqft

886 recorded sales

Off-plan trades 27% below completed homes here. A single blended figure would sit between the two and describe neither.

What each size costs in Jumeirah First

Median size and price for every bedroom count with at least 15 recorded sales. Dubai Land Department records a room count on nearly every sale, so this is a breakdown of real transactions rather than an estimate.

Rent is matched by size here, not bedroom count, so the column is what homes of that sizeactually let for — the question behind the question, answered from real contracts. Ejari does also carry a bedroom count on most tenancies, and the rent-by-bedroom figures on this page read that field directly.

SizeTypical homeTypical pricePer sqftTypical rentSales
1 bed810 sqft
AED 1,733,500
AED 2,098/sqftAED 110,250/yr
360 tenancies
1,176
2 beds1,227 sqft
AED 2,715,000
AED 2,124/sqftAED 180,000/yr
296 tenancies
1,131
3 beds2,258 sqft
AED 5,459,136

What exists here, and who may own it

Every other figure on this page is about homes that sold. This is the standing stock, from the Land Department’s unit register.

Registered units

1,738

In Jumeirah First, from the Land Department's register of flats.

Freehold

100%

Every unit in Jumeirah First with a recorded type is freehold, so foreign ownership is permitted throughout.

Typical size

1,206 sqft

Median of the 1,736 units that record one.

By size of home

1 B/R675
2 B/R675
3 B/R233
4 B/R

Rental market

From 2,837 tenancy contracts registered with Ejari in the last 12 months — agreed rents, not advertised ones.

Typical annual rent

AED 175,000/yr

for ~1,728 sqft

Rent per sqft

AED 86/sqft

per year

Renewals

65%

of contracts

Contracts

2,837

last 12 months

What it costs to rent here

Median annual rent, by size of home.

  • 1 bedAED 110,250/yr
  • 2 bedsAED 180,000/yr
  • 3 beds

What it returns

A year’s rent against what that size of home actually sold for in La Mer over the same twelve months — both from registered records.

SizeCosts nowRents forGross yieldSales behind it
1 bedAED 2.3MAED 110,250/yrby bedroom · 360 new lets4.8%66
2 bedsAED 4.68MAED 180,000/yrby bedroom · 296 new lets3.8%84
3 bedsAED 24.33MAED 240,000/yrby bedroom · 104 new lets1.0%58
4 bedsAED 32.61MAED 330,000/yrby bedroom · 118 new lets1.0%52
5 bedsAED 53.34MAED 390,000/yrby bedroom · 95 new lets

Common questions about La Mer

How much is rent in La Mer?

a 1-bedroom rents for a median AED 110,250/yr, a 2-bedroom for AED 180,000/yr, a 3-bedroom for AED 240,000/yr, a 4-bedroom for AED 330,000/yr. These are medians of tenancy contracts registered with Ejari in La Mer over the last twelve months — what tenants agreed to pay, not advertised asking rents. This table matches rent to homes by floor area, which every Ejari contract records. Ejari carries a bedroom count on most contracts too, and the rent-by-bedroom figures on this page read that field rather than inferring it from size.

How much do properties cost in La Mer?

Median price per sqft trend

AED 7,707/sqftOct 2017Aug 2026

Areas at a similar price

Closest to Jumeirah First on median price per square foot. Areas with fewer than 10 recorded sales are left out, because a median drawn from a handful of deals is not worth comparing against.

Island 2

524 sales

AED 6,693/sqft

+1%

Trade Center Second

1,581 sales

AED 4,741/sqft

-29%

Jumeirah Second

405 sales

AED 8,997/sqft

+35%

Trade Center First

459 sales

AED 3,558/sqft

-46%

Palm Jabal Ali

389 sales

AED 3,542/sqft

-47%

Nad Al Shiba First

Projects in La Mer

Jumeirah Asora Bay

Dhre 2 Bts L.L.C

AED 7,891/sqft

Jumeirah Residences - Asora Bay - Ocean Mansions

Dhre 2 Bts L.L.C

—

La Rive

PDLM RESIDENTIAL L.L.C

AED 2,336/sqft

Port De La Mer - La Cote

PDLM RESIDENTIAL L.L.C

AED 2,919/sqft

Port De La Mer - La Sirene

PDLM RESIDENTIAL L.L.C

AED 3,309/sqft

Port De La Mer - La Sirene 2

PDLM RESIDENTIAL L.L.C

AED 3,119/sqft

Port De La Mer - La Voile

PDLM RESIDENTIAL L.L.C

AED 2,631/sqft

Port De La Mer - Le Pont

PDLM RESIDENTIAL L.L.C

AED 3,147/sqft
AED 2,423/sqft
AED 240,000/yr
104 tenancies
446
4 beds4,399 sqft
AED 9,169,000
AED 2,429/sqftAED 330,000/yr
118 tenancies
235
5 beds7,046 sqft
AED 14.3M
AED 2,139/sqftAED 390,000/yr
95 tenancies
117
113
5 B/R38
6 B/R3

Apartments, stacked townhouses and commercial units. Villas are not in this dataset.

AED 240,000/yr
  • 4 bedsAED 330,000/yr
  • 5 bedsAED 390,000/yr
  • Matched to tenancies by floor area, so this is what homes of each size actually let for. Ejari does also record a bedroom count on most contracts — the rent-by-bedroom table below reads that field directly. Renewing tenants pay about 33% less per sqft than someone signing a new lease here.

    0.7%
    18

    The best gross yield here is on a 1 bed at 4.8%. Smaller homes almost always yield more than larger ones — they cost proportionally less and rent for proportionally more.

    Why this is lower than yields quoted elsewhere

    The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 1 bed here reads 6.4% instead of 4.8%, because it prices the home at AED 1.73M — the median across every sale on record — rather than the AED 2.3M it costs today. Every figure above uses the same twelve months on both sides.

    What it returns after service charges

    We hold no filed budget for this one, so this starts from a placeholder rather than a measurement — it’s on the service charge invoice, or on RERA’s Service Charge Index. How to check it.

    SizeCharge / yearRent after itGrossNet
    1 bedAED 12,155AED 98,0954.8%4.3%
    2 bedsAED 18,401AED 161,5993.8%3.5%
    3 bedsAED 33,864AED 206,1361.0%0.8%
    4 bedsAED 65,980AED 264,0201.0%0.8%
    5 bedsAED 105,697AED 284,3030.7%0.5%

    Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.

    Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.

    The median residential sale price in La Mer is AED 6,650/sqft, which works out at about AED 2.46M for a typical 1,213 sqft home. That is a median of 3,107 sales actually registered with the Dubai Land Department, not of asking prices.

    What rental yield does La Mer give?

    Gross yields in La Mer run about 4.8% on a 1-bedroom, 3.8% on a 2-bedroom, 1.0% on a 3-bedroom, 1.0% on a 4-bedroom, dividing a year of registered rent by what that size actually sold for over the same twelve months. Smaller homes yield more. These are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.

    Is La Mer freehold?

    Yes. Every unit in La Mer whose tenure is recorded in the Land Department's register is freehold, so foreign nationals may own property here outright. The register holds 1,738 units for the area.

    Is La Mer mostly off-plan or completed homes?

    71% of the 3,107 registered sales in La Mer were off-plan, and the rest were completed homes. The two trade at different prices, so a single blended price per square foot for the area would describe neither.

    6,258 sales

    AED 3,374/sqft

    -49%

    Port De La Mer - Le Soleil

    PDLM RESIDENTIAL L.L.C

    AED 3,917/sqft

    Solaya (1,2,3)

    Unknown developer

    AED 6,967/sqft

    Solaya (4,6)

    La Mer Central Property Co. L.L.C

    AED 7,539/sqft

    Solaya (5,7)

    Unknown developer

    AED 7,961/sqft

    Sur La Mer

    LA MER NORTH RESIDENTIAL L.L.C

    AED 1,463/sqft

    Sur La Mer 2

    LA MER NORTH RESIDENTIAL L.L.C

    AED 1,326/sqft