La Cote - Port de La Mer  

La Côte is the first neighbourhood to be launched in Meraas' new master development Port de La Mer in Jumeirah. This seaside community is going to be the first freehold master community located within Jumeirah, Dubai. La Côte will offer one, two, three, and four bedroom apartments near the beach. La Côte will have five low rise buildings.

Master Community: Port de La Mer
Property Types Available: Apartments, Buildings
Location: Jumeirah Beach Road
Status: Under Construction
Year Launched: 2018
Estimated Completion Date: December 2020
Developer: Meraas
Title Type: Freehold
Height Classification: Mid-rise
Life Cycle: Launch Stage
Special Classification: Water-front Community, Residential Building , Residential Building with some retail

Investment Feasibility & Decision Drivers

Snapshot summary for investing in La Cote

Investment Score

Value for Money
85%
Project Uniqueness
90%
Location & Connectivity
85%
Rental Yield Expectation
75%
Capital Growth Expectation
85%
More information on investment scores

Total Score

Synopsis

Sale Status: Units available in primary & secondary market

Payment Plan: Somewhat investor friendly

Ideal for: End-Users & Investors

Price Range: AED 1,800 PSF - AED 2,200 PSF

Unit Types Available: Apartment, Building

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What Our Experts Think

La Côte is a mediterranean-inspired waterfront community featuring one, two, three, and four bedroom apartments at the northern peninsula of La Mer.

This project is being launched at a much lower price per square foot, than previously launched comparable projects like Bluewaters Islands. Apartments are most likely to start from approximately AED 1.5 million.

We expect there to be high demand from investors and end-users both. The apartments are of decent size, elegant design, and are located in one of the new and upcoming waterfront communities, which also happens to be a tourist hot-spot.

Port de La Mer by Meraas

 Published on Sep 01 2018   273 Views

 Category: Design Concept , Sneak Peek , Project Introduction

A new freehold water-front community by Meraas launching soon in Jumeirah. La Cote will be the first community within Port de La Mer, featuring one, two, three, and four bedroom apartments.

Video by Meraas

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La Cote - One of the first freehold apartment buildings in Jumeirah. Contact to learn more. +971.56.408.7616

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About La Cote

Overview

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 

To learn more, please contact us at investors@lookup.ae or +971.50.423.1183.  


Unit Sizes

BedroomsSize Range (Sq. Ft.)
1786 - 977
21,181 - 1,764
31,990 - 3,620
42,932 - 3,300
Penthouse - 5 Bed7,343

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.  

  • One Bedroom starting from approximately AED 1.5 million 
  • Two Bedroom starting from approximately AED 2.2 million 
  • Three Bedroom starting from approximately AED 3.58 million 
  • Four Bedroom starting from approximately AED 5.8 million 
  • Penthouse starting from approximately AED 13.2 million

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: 

PercentageMilestone
5%Purchase Date
5%November 2018
10%May 2019
10%November 2019
10%May 2020
60%On Completion (December 2020)


About Port de La Mer

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 will be launching soon and consists of five buildings featuring one, two, three, and four bedroom apartments (learn more about La Côte here). 

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 teh 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.

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