Port De La Mer — project image
✓ Resale Available

Port De La Mer

From AED 2.40M·Completed Dec 2022·20% down payment Payment
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AED 2.40M
Starting Price
Dec 2022
Handover
20% down payment
Payment Plan
1 BR · 3 BR
Type

Project Overview

Port De La Mer is a residential development by Meraas Properties, located on the La Mer peninsula in the prestigious Jumeirah 1 area. The project consists of five residential communities — Le Pont, La Sirene, La Voile, Le Soleil and La Cote — featuring buildings with a ground floor and 5 to 8 residential levels, as well as basement and podium floors, with rooftop areas in some buildings. The development offers 1–4 bedroom apartments, 5-bedroom penthouses and spacious 6-bedroom duplexes. The interiors are designed in a modern minimalist style with light color palettes. Each residence features a balcony, built-in wardrobes, a fully equipped kitchen and well-appointed bathrooms. The infrastructure of the complex provides residents with a wide range of modern amenities and services, including a marina, a private beach, a fully equipped promenade, landscaped walking and recreational areas, outdoor children’s playgrounds, public swimming pools, a fitness center, a spa, parking facilities and controlled access to the community. Port De La Mer is located in a well-developed central district of Dubai, surrounded by numerous medical and educational institutions. Jumeirah Street, the closest main road to the community, connects the peninsula and Dubai’s main beaches with the rest of the city. It takes approximately 10 minutes by car to reach City Walk and Downtown Dubai, while Dubai International Airport is just a 15-minute drive away.

Project Specifications
DeveloperMeraas Developer
LocationPort De La Mer
Unit Types1 BR, 3 BR, 5 BR, 6 BR, Apartments, Penthouse, Villa
AreaPort De La Mer
Ownershipfreehold
Rental analysisSee scenario below

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.

Scenario Cap Rate
4.3%
NOI AED 103,560 / year
Cash-on-Cash
2.2%
Levered cashflow AED 24,360
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.10M / annual levered cash flow. Excludes time before letting.

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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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Meraas Developer.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

Children’s pool
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Landscaped garden
Leisure areas
Open Kids Play Area
Park Access
Parking
Pets Allowed
Private beach access
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym & fitness
Social zone
Walking paths

Location

Port De La Mer location map
Project location

Nearby Destinations

Port De La Mer

Developer and Project Facts

01

Port De La Mer by Meraas Developer

02

Located in Port De La Mer

03

Starting from AED 2,400,000

04

Unit mix includes 1 BR, 3 BR, 5 BR, 6 BR

05

Expected handover: Dec 2022

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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