La Mer By Elie Saab
Project Overview
La Mer By Elie Saab is a luxury residential complex presented by OCTA Properties, located on the coast of Al Marjan Island in Ras Al Khaimah. The developer is ARTE Developments in collaboration with the Elie Saab brand. The residential complex consists of three interconnected high-rise towers (Isles), with a common basement parking level. Isle 1 consists of a ground floor, a podium first level, and another seventeen floors in height with living residences and a unique set of amenities. The eighteenth floor is spread over numerous amenities. Isle 2 has sixteen levels with apartments. The seventeenth floor is taken up by a penthouse. Isle 2 and Isle 3 share a common ground level with villas. Residences in Isle 3 are on floors two to sixteen, and the penthouse is on level seventeen. Isle 1 and Isle 2 are connected on levels three and eight, while Isle 2 and Isle 3 are connected on levels two and eleven accordingly. There are one- to four-bedroom apartments, as well as penthouses and villas. The interiors have high-quality designer finishes, and the kitchens are equipped with high-end appliances. The complex provides a wide range of amenities, such as landscaped pools, cafes and restaurants, retail, and much more. It is just 3 minutes away from Wynn Al Marjan Island, with the UAE's first hotel with a casino. It takes about 30 minutes from RAK International Airport. Drive to Dubai takes about an hour.
Illustrative Rental Scenario
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Official Documents
Download official marketing materials from ARTE Developments.
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Amenities & Lifestyle
Location
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Developer and Project Facts
La Mer By Elie Saab by ARTE Developments
Located in Al Marjan Island
Starting from AED 3,618,888
Unit mix includes 1 BR, 3 BR, 4 BR, 5 BR
Expected handover: Dec 2028
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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