Port de La Mer is an exclusive seaside, Mediterranean-inspired master development by Meraas located in Jumeirah. This is one of the first freehold developments in Jumeirah, Dubai. The development is located at the tip of the northern peninsula at La Mer. La Mer is a mixed-use development featuring dining, retail, leisure, shopping, beach, hospitality, and entertainment offerings.
In total, there will be 25 residential buildings. These will range from G+3 floors to G+6 floors. The first phase of the project, La Côte consists of five buildings featuring one, two, three, and four bedroom apartments (learn more about La Côte here). The second phase is La Rive which also features G+3 to G+6 buildings.
Port de La Mer will be set around a 192-berth world-class marina.
Apartments will offer stunning views of the sea, marina, as well as the Dubai skyline. The apartments' exteriors will be of pastel shades. Balconies of the apartments will overlook the sea, marina, and the city skyline.
The waterfront area will feature various retail and f&b options in additional to La Mer. Port de La Mer will also have four- and five-star hotels and a private beach.
About Meraas
Meraas is recognized as one of Dubai's leading developers. The developer has always delivered high quality and unique projects throughout. Previously, Meraas has developed projects such as City Walk 1 & 2, Bluewaters Island, Bulgari Hotel and Residences, Al Seef, Nikki Beach, and Box Park. Residential developments by Meraas have been of exceptional quality and have been appreciated by many investors and buyers.
La Côte
La Côte is the first neighbourhood to be launched in Meraas' new master development Port de La Mer in Jumeirah.This exclusive, inspired seaside community is going to be the first freehold master community located within Jumeirah, Dubai. The community will have five low-rise buildings.
La Côte will offer one, two, three, and four bedroom apartments near the beach and apartments will offer beautiful views of the sea, marina, and Dubai skyline. The development is located next to the existing La Mer, which features numerous f&b, retail outlets, as well as a beach, water park, and a cinema amongst many other things.
Meraas is launching its first building for sale, Building 2, starting Sunday September 15, 2018.
- Building 1: G + P + 6 Floors
- Building 2: G + P + 5 Floors
Average price per square foot will be around AED 1,800.
Service charges: AED 15 per sq. ft.
Completion: December 2020
Unit Sizes
Bedrooms | Size Range (Sq. Ft.) |
1 | 786 - 977 |
2 | 1,181 - 1,764 |
3 | 1,990 - 3,620 |
4 | 2,932 - 3,300 |
Penthouse - 5 Bed | 7,343 |
Prices
Meraas has announced that prices will start from AED 1,800 per square foot. One bedrooms will start from approximately 1.4 million, however we expect the units with waterfront views to start from at least AED 1.5-1.55 million.
Compared to other waterfront developments, La Côte is being launched for a lower price. Bluewaters Islands, another waterfront development by Meraas, was launched for approximately AED 2,500 per square foot.
Payment Plan
Meraas has announced an exceptionally investor-friendly payment plan, with only 5% down payment, 35% during construction, and 60% on completion (December 2020). The exact breakdown is as follows:
Percentage | Milestone |
5% | Purchase Date |
5% | November 2018 |
10% | May 2019 |
10% | November 2019 |
10% | May 2020 |
60% | On Completion (December 2020) |