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Master Project · Transactions · 2024

La Mer Property Transactions 2024

33 property sales worth ⃃ 541M were registered in La Mer in 2024, 25.0% lower than 2023 by number of sales. The median sale price was ⃃ 13,000,000 and the median price per square foot ⃃ 2,557 (+34.9% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 33 salesUpdated: 14 Nov 2026
Property sales
33
−25.0% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 541M
−27.3% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 13,000,000
+5.6% vs 2023
33 sales
Median price per sq ft
⃃ 2,557
+34.9% vs 2023
33 sales

What types of property sold in La Mer in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Villas1648.5%⃃ 209.17M⃃ 10,800,000⃃ 2,538

How were 2024 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Resale (secondary)33100%⃃ 541M⃃ 13,000,000⃃ 2,557
Ready33100%⃃ 541M⃃ 13,000,000⃃ 2,557

How many rental contracts were registered in La Mer in 2024?

35 rental contracts (new and renewed) were registered in La Mer in 2024, at a median annual rent of ⃃ 590,000 (+305.5% on 2023). Rental yields in La Mer

What were the most expensive property sales in La Mer in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
11/11/2024La Mer SouthPlot26,307 sq ft⃃ 75,000,000Resale · Ready
18/01/2024La Mer SouthPlot9,637 sq ft⃃ 46,000,000Resale · Ready
12/12/2024La Mer SouthPlot9,684 sq ft⃃ 34,000,000Resale · Ready
24/07/2024La Mer SouthPlot13,198 sq ft⃃ 27,500,000Resale · Ready
24/10/2024Sur La Mer5 beds · Villa6,726 sq ft⃃ 24,000,000Resale · Ready
02/01/2024Sur La Mer5 beds · Villa8,136 sq ft⃃ 23,500,000Resale · Ready
30/10/2024La Mer SouthPlot9,691 sq ft⃃ 22,462,000Resale · Ready
08/01/2024Sur La Mer5 beds · Villa6,506 sq ft⃃ 21,500,000Resale · Ready
24/10/2024La Mer SouthPlot9,424 sq ft⃃ 21,203,798Resale · Ready
14/08/2024Sur La Mer5 beds · Villa6,484 sq ft⃃ 20,150,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
30/12/2024Sur La Mer3 beds · Villa2,754 sq ft⃃ 8,600,000Resale · Ready
27/12/2024Sur La Mer 24 beds · Townhouse4,882 sq ft⃃ 16,000,000Resale · Ready
12/12/2024La Mer SouthPlot9,684 sq ft⃃ 34,000,000Resale · Ready
09/12/2024La Mer SouthPlot9,477 sq ft⃃ 595,000Resale · Ready
11/11/2024La Mer SouthPlot26,307 sq ft⃃ 75,000,000Resale · Ready
30/10/2024La Mer SouthPlot9,691 sq ft⃃ 22,462,000Resale · Ready
24/10/2024Sur La Mer5 beds · Villa6,726 sq ft⃃ 24,000,000Resale · Ready
24/10/2024La Mer SouthPlot9,424 sq ft⃃ 21,203,798Resale · Ready
18/10/2024Sur La Mer3 beds · Villa2,817 sq ft⃃ 8,800,000Resale · Ready
25/09/2024Sur La Mer3 beds · Villa4,173 sq ft⃃ 10,600,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2024 with the whole of 2023.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/la-mer/2024
La Mer Property Transactions 2024. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/la-mer/2024

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in La Mer in 2024?
33 property sales worth ⃃ 540,996,998 were registered in La Mer in 2024. That is 25.0% lower than 2023.
What was the median property price in La Mer in 2024?
The median sale price was ⃃ 13,000,000 and the median price per square foot ⃃ 2,557 (1 Jan – 31 Dec 2024).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/la-mer/2024