Property for Sale in La Mer, Dubai
Table of contents
La Mer is a beachside neighborhood in Dubai, known for its great architectural design, exclusive beach access and urban amenities. When you purchase property in La Mer, you get access to a community which is safe, modern and full of financial potential.
The Dubai real estate market has witnessed considerable growth in the last few years, and La Mer is one of the most prominent areas to invest in real estate there. In this guide, we will cover every detail you require to understand about property for sale in La Mer, ranging from the process and prices to different offerings in the area. We will also compare the region with other major locations in Dubai to help you make an educated and lucrative decision.
Legal Procedures for Purchasing Property in La Mer
The procedure to buy property in La Mer is very specific and has to be done in accordance with strict regulations:
- Preliminary Research: research the projects that are available, prices associated with property and the developers.
- Select a Licensed Real Estate Agent: contact us at Dxboffplan to help in choosing the right property, negotiating with the seller, and in dealing with the process of investing.
- Property Viewing: Shortlist properties and visit them to evaluate the construction level, sea view, facilities, and location.
- Negotiation and Offer: After selecting the property, make the official offer.
- Preliminary Agreement Signature (MoU): When there is an agreement between the buyer and seller, the memorandum of understanding is reached.
- Legal Verification: Before the final property transfer, it is essential to validate the selling party’s right to the property and whether there are any outstanding debts.
- Official Transfer of Property: After paying the final payment and the fee for the transfer of ownership.
- Receiving the Title Deed: Finally, the Title Deed is issued in the buyer’s name. Therefore, at this stage, you can rent out or sell the property since you are the owner.
Property Prices in La Mer
When buying property in La Mer, it is essential to understand the various associated costs and taxes in order to plan well financially.
Apart from the basic property price, which is location/size/property type-specific, there is also the payment of the transfer fee to the Dubai Land Department, which amounts to about 4% of the property’s value. Average sale price of La Mer properties are:
- Average sale price per sq ft for apartments: ~ AED 2,633.
- Typical 1 bedroom apartment: ~ AED 2.3 million.
- Typical 2 bedroom apartment: ~ AED 3.9 million.
- Typical 3 bedroom apartment: ~ AED 8.5 million (depending on unit).
- Luxury townhouses/villas: start around AED 7 million for smaller units
Maintenance and service fees are also included in each project, which cover maintenance of common areas, security, cleaning, and the use of communal facilities.
Apartment for Sale in La Mer
Buying an apartment in La Mer is one of the most lucrative choices for investors right now. Many of the La Mer apartment complexes offer:
- Swimming pools
- Fitness centers
- Private car parks
- 24-hour security
- Smart home systems
Compared to the upscale communities of Palm Jumeirah or Dubai Marina, the prices of apartments in La Mer are affordable.
Villa for Sale in La Mer
The purchase of a villa in La Mer provides modern privacy, architectural styles and large terraces facing the ocean. Residents can enjoy the following:
- private swimming pools
- Landscaped gardens
- Private parking
- Direct beach access
- These villas are perfect for families who require privacy and exclusiveness.
Due to the current rising trend in the property prices in Dubai, la Mer villas not only make beautiful homes but smart investments in the future as well. This neighborhood provides the best of coastal serenity and city living to the highest order.
Final Words
A property for sale in La Mer is one rare deal for investors to enjoy upscale living, serenity alongside the waters, and high ROI. Following the legal process we mentioned above, with the help of our professionals at Dxboffplan, you can enter this lucrative market with confidence to reap the benefit of the steady real estate growth happening in Dubai.
If you are thinking of buying an apartment or villa in La Mer, you can contact our consultants to help you with free, professional advice to identify the right investment for you.
La Mer Projects price table
La Mer Projects
frequently asked questions
Yes. La Mer is one of the freehold areas in Dubai and free to purchase property in.
The buyer should budget to pay at least 4% for the transfer fee, service fee, and legal fee on top of the base price of the property.
Definitely. La Mer provides good capital appreciation, high rental yield, and direct access to the beach with good resale values, so it is a secure and lucrative option to invest in.