LA MER

Property prices & trends - sales and rental analytics for LA MER, Dubai, from official Dubai Land Department records - data through September 2026.

AED 14.5MMedian sale pricelast 12 months

The middle value of every sale registered in LA MER over the last 12 months.

Across 269 sales, half traded for less and half for more; the median is robust to a few outlier deals.

Source
DLD registered sales
Period
Last 12 months (through September 2026)
Formula
median(sale price), n = 269
Read the methodology
AED 6,630/ft²Median price per ft²last 12 months

Median sale price divided by the unit's actual size in square feet.

Computed per transaction as value ÷ registered area, converted at 10.764 ft²/m²; sales without a registered area are excluded from this figure only.

Source
DLD sale price + unit area
Period
Last 12 months
Formula
median(price ÷ area)
Read the methodology
269Sales, last 12 monthsAED 5.3B total

Every sale registered over the trailing 12 months, with combined value.

269 registered transactions summing to AED 5.3B; mortgages and gifts are excluded.

Source
DLD sales register
Period
Last 12 months
Formula
count = 269 · Σ value = AED 5.3B
Read the methodology
-3.4%12-month trendmedian price vs a year ago

Change in median sale price, latest three months versus the same three months a year earlier.

A 3-vs-3 window cancels seasonal noise so a quiet August doesn't look like a market crash.

Source
DLD monthly medians
Period
Jul 2026, Aug 2026, Sep 2026 vs Jul 2025, Aug 2025, Sep 2025, Oct 2025, Nov 2025, Dec 2025, Jan 2026, Feb 2026, Mar 2026, Apr 2026, May 2026, Jun 2026
Formula
(latest 3m median − prior 3m median) / prior 3m median
Read the methodology
The market pulse

Median price / ft² & sales volume

LA MER median sale price per square foot (line) and monthly sales volume (bars), last 36 months2,5003,0003,5004,0004,5005,0005,5006,0006,5007,0007,500AED/ft²Peak · 7,145Oct 2023Mar 2024Aug 2024Jan 2025Jun 2025Nov 2025Apr 2026Sep 2026

Sale vs rent mix

  • Sales: 270 (34%)
  • Rental contracts: 515 (66%)

Transaction counts over each series' last 12 months of data.

Ready vs off-plan

  • Off-plan: 142 (51%)
  • Ready: 139 (49%)

Sales by registration type, last 12 months.

By property type

TypeSales 12mMedian priceMedian AED/ft²
Apartments264AED 17.2MAED 5,264/ft²
Land11AED 69.2MAED 3,307/ft²
Villas6AED 21MAED 4,171/ft²
The rental pulse

Median annual rent & contract volume

AED 200.9K/year
Median annual rent
last 12 months
AED 160/ft²
Median annual rent per ft²
annual rent, last 12 months
515
Rental contracts, last 12 months
registered Ejari contracts
LA MER median annual rent (line) and monthly rental contract volume (bars), last 36 months100,000120,000140,000160,000180,000200,000220,000240,000260,000280,000300,000320,000340,000360,000AED/yearPeak · 340,732Oct 2023Mar 2024Aug 2024Jan 2025Jun 2025Nov 2025Apr 2026Sep 2026

Figures are registered Ejari rental contracts; rent values are annual.

Notable buildings in LA MER

View all 31 buildings in LA MER

Recent transactions

DateTypeRoomsBuildingPriceAED/ft²
10 Sep 2026Apartment2 B/RLa Rive - Building 3AED 3,450,000AED 2,876/ft²
8 Sep 2026Apartment1 B/RLa Sirene - Building 5AED 2,140,000AED 2,565/ft²
8 Sep 2026Apartment1 B/RLa Sirene - Building 1AED 2,050,000AED 2,555/ft²
1 Sep 2026Apartment1 B/RLa Rive - Building 3AED 2,380,000AED 2,940/ft²
25 Aug 2026Apartment2 B/RSolaya 5AED 16,705,000AED 8,180/ft²
12 Aug 2026Apartment3 B/RLe Ciel ? Building 1AED 2,025,000AED 4,181/ft²
6 Aug 2026Apartment2 B/RLa Rive - Building 4AED 3,100,000AED 2,582/ft²
5 Aug 2026Apartment4 B/RJumeirah Residences Asora BayAED 65,000,000AED 8,326/ft²
4 Aug 2026Apartment3 B/RSolaya 6AED 45,863,000AED 6,650/ft²
3 Aug 2026Apartment1 B/RLe Pont - Building 3AED 38,439AED 47/ft²

Location

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Frequently asked questions - LA MER

What is the median property price in LA MER?
The median sale price in LA MER over the last 12 months is AED 14.5M, based on 269 recorded sales in official Dubai Land Department data.
How much is property per square foot in LA MER?
The median sale price in LA MER is about AED 6,630 per square foot (last 12 months).
Are property prices in LA MER rising or falling?
Median sale prices in LA MER are down 3.4% comparing the latest three months with the same three months a year earlier.
How many properties were sold in LA MER last year?
269 sales were recorded in LA MER over the last 12 months of Dubai Land Department data, totalling AED 5.3B.