Dubai · area prices

Jumeira 1 (La Mer): property prices and rental yield

Real apartment sales and rent data for Jumeira 1 (La Mer) (Dubai): median price per m², prices by unit type, the quarterly trend, rents, gross yield and the projects under construction.

In short: Jumeira 1 (La Mer) recorded 250 apartment sales over the last 12 months at a median of 71,474 AED/m² (≈ 6,640 AED/sqft). That is 122.6% higher than in the previous 12 months (32,109 AED/m²). 52% of the sales were off-plan, i.e. apartments bought in projects still under construction. The median registered annual rent is 120,000 AED, a gross rental yield of about 1.7% against the median price per m².Period: 1 November 2025 – 31 October 2026 (last 12 months)

Median price per m² (12 months): 71,474 AED/m²
Change vs previous 12 months: +122.6%
Apartment sales (12 months): 250
Gross rental yield: 1.7%

Prices by unit type

Median price of a whole apartment from the sales of the last 12 months (ready and off-plan together).

Unit type	Median price	Sales
1 bedroom	2,300,000 AED≈ €537k	55
2 bedrooms	4,850,000 AED≈ €1,132k	81
3 bedrooms	24,267,000 AED≈ €5,666k	59

Median price per sq ft: 6,640 AED/sqft
Ready (AED/m²): 32,220 AED/m²
Off-plan (AED/m²): 76,727 AED/m²
Off-plan share: 52%

“–” means fewer than 30 sales. 1 m² = 10.764 sq ft.

Quarterly prices

Number of sales and median price per m² by quarter over the last two years.

Quarter	Sales	Median (AED/m²)
Q4 2026*	5	–
Q3 2026	32	31,346
Q2 2026	35	75,776
Q1 2026	77	42,167
Q4 2025	122	72,702
Q3 2025	35	32,453
Q2 2025	93	33,333
Q1 2025	58	31,234

Medians from at least 30 sales only; past price changes do not predict future prices. * The latest quarter is not complete yet (latest data: 31 October 2026).

Rents and gross yield

Median annual rent: 120,000 AED
Annual rent (AED/m²): 1,209 AED/m²
Rent contracts: 1,371
Gross rental yield: 1.7%

Source: apartment rent contracts registered with DLD (Ejari), 2 January 2026 – 31 October 2026. Gross yield = annual rent ÷ purchase price, from the two medians, before costs (service charges, management, vacancy); an indicative figure, not the yield of a specific apartment.

Projects in the area

According to the DLD register, 3 registered projects with 298 units in total are currently under construction in the area.

Project	Developer	Planned handover
Jumeirah Asora Bay	Meraas	Q1 2029
Solaya 8	Meraas	Q2 2030
Solaya 1,2 and 3	Meraas	Q2 2029
Solaya 4 and 6	Meraas	Q3 2029
Solaya 5 and 7	Meraas	Q3 2029

The most recently launched projects from the developers' public data; the handover is the developer's planned date.

Nearby areas

Compare the median prices per m² of the nearby areas.

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Methodology

Data source and methodology

The data comes from the Dubai Land Department (DLD) open transaction and rent data. Only apartment sales count:

Apartments of 20–1,000 m² above AED 100,000; excluding fractional shares, block deals and hotel apartments.
An area page is only built for areas with at least 30 sales in the last 12 months; medians are only shown from at least 30 sales.
“Last 12 months” ends at the emirate's latest recorded sale; the comparison is with the 12 months before.

Data updated: 31 October 2026

This page shows indicative market statistics; it is not a valuation or investment advice.

FAQ

Frequently asked questions

How much does an apartment cost in Jumeira 1 (La Mer)?

Based on 250 apartment sales over the last 12 months, the median price is 71,474 AED/m² (6,640 AED/sqft). Median price of a whole apartment – 1 bedroom: 2,300,000 AED, 2 bedrooms: 4,850,000 AED, 3 bedrooms: 24,267,000 AED.

How have prices changed in Jumeira 1 (La Mer)?

Nobody can predict future prices with certainty, so we only show sales that have happened. The median price per m² of the last 12 months was 122.6% higher than in the previous 12 months (32,109 AED/m² → 71,474 AED/m²).

What is the rental yield in Jumeira 1 (La Mer)?

Between 2 January 2026 and 31 October 2026, 1,371 apartment rent contracts were registered at a median of 120,000 AED a year (1,209 AED/m² a year). Against the median price per m² that is a gross yield of about 1.7%, before costs.

Considering buying in this area?

In a consultation we go through the real transaction data of Jumeira 1 (La Mer) and the specific projects, so you can decide on solid ground.

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Summary