Port De La Mer
✓ 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
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 103,560 / year
Cash-on-Cash
1.8%
Levered cashflow AED 24,360
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 156,000 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Port De La Mer launch basis2,667AED 2.40MCurrent launch / asking basis
Port De La Mer ready-stock comps1,500AED 1.35MIndicative resale benchmark
Port De La Mer premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Port De La Mer official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Meraas Developer.

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Payment Structure

20% down payment

Flexible Payment

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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

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Port De La MerPort De La MerDubai, UAE

Developer Track Record

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

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