Distressed 2BR Apartment For Sale | Port De La Mer | La Mer | Beach Access | Fully Furnished | AED 3.06M | 27% Below Market

Distress Deal | 2-Bedroom Apartment for Sale in Port De La Mer, La Mer, Jumeirah 1, Dubai

Fully Furnished Sea View Unit — AED 1,140,000 Below Market Price

This is a rare, time-sensitive distress opportunity in Port De La Mer, a premium beachfront residential development located within the prestigious La Mer community, Jumeirah 1, Dubai, United Arab Emirates. The unit is a 2-bedroom, 2-bathroom fully furnished apartment featuring sea views from a low floor, offered at AED 3,060,000 — a compelling AED 1,140,000 below the current average market price of AED 4,200,000. Whether you are an end-user looking for a ready-to-move beachfront home or an investor seeking immediate built-in equity, this listing demands serious attention.

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Property Highlights

• Project: Port De La Mer
• Community: La Mer, Jumeirah 1, Dubai, UAE
• Property Type: Apartment
• Bedrooms: 2
• Bathrooms: 2
• Built-Up Area (BUA): 1,345 sqft (125 sqm)
• Floor Level: Low Floor
• View: Sea Views
• Condition: Vacant | Fully Furnished | Ready to Move In
• Status: Distress Sale
• Asking Price: AED 3,060,000
• Average Market Price: AED 4,200,000
• Lowest Listed Price on PropertyFinder: AED 3,300,000
• Discount: AED 1,140,000 below market average (27%)
• Developer: Meraas
• Ownership: Freehold — open to all nationalities

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About Port De La Mer — La Mer, Jumeirah 1

Port De La Mer is a contemporary waterfront residential project by Meraas, Dubai’s premier lifestyle developer, situated within the iconic La Mer beachfront destination in Jumeirah 1. Designed with Mediterranean-inspired architecture and thoughtfully crafted layouts, Port De La Mer offers residents a refined coastal lifestyle that blends urban sophistication with direct beach access. The project is part of a broader master community featuring a marina, open-air retail, fine dining, and world-class leisure facilities, making it one of the most sought-after beachfront addresses in Dubai for families, professionals, and international investors alike.

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Community & Lifestyle

• Nestled within La Mer, Jumeirah 1 — one of Dubai’s most iconic beachfront destinations
• Direct access to La Mer Beach — a pristine, public and private beach strip along the Arabian Gulf
• Steps from the La Mer promenade, featuring retail, dining, cafes, and entertainment
• Adjacent to a private marina offering yacht berthing and waterfront lifestyle
• Family-friendly environment with dedicated cycling paths, jogging tracks, and open plazas
• Well-connected to Jumeirah Beach Road and Al Wasl Road with easy city access
• Proximity to top-tier schools, clinics, and business hubs across Jumeirah and DIFC

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Amenities

• Direct beach access to La Mer Beach
• Private marina and waterfront promenade
• Shared infinity swimming pool
• Fully equipped shared gymnasium
• Children’s play area and family-friendly communal spaces
• Landscaped gardens and open waterfront terraces
• Covered parking
• 24-hour security and building management
• Retail, cafes, and F&B outlets within the La Mer community
• Easy access to City Walk, Box Park, and Jumeirah retail strip

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Layout & Floor Plan

This 2-bedroom, 2-bathroom apartment in Port De La Mer is designed to maximise natural light, sea breezes, and coastal living, with an open-plan living and dining area, two well-proportioned bedrooms, two full bathrooms, and a balcony offering sea views over the Arabian Gulf. The unit is delivered fully furnished and vacant, making it ready for immediate occupancy or rental activation.

A detailed floor plan for this 2-bedroom unit in Port De La Mer, La Mer is available on request — including exact room dimensions, stack plan, and orientation details.

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Payment & Handover

This is a distress sale, meaning the current owner is motivated to transfer quickly. The unit is vacant and fully furnished, allowing for an immediate handover upon completion of transfer. The exact payment structure — including any outstanding service charges, Dubai Land Department (DLD) transfer fees (standard 4% of purchase price), and agent commission — is available on request via a detailed cost sheet.

Buyers should note that DLD fees, a 2% agency fee, and a standard NOC fee will apply. Please contact us directly for a complete financial breakdown tailored to this specific unit.

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Location & Connectivity

• La Mer Beach: Walkable — directly within the community
• City Walk: Approximately 5 minutes by car
• DIFC / Business Bay: Approximately 10–15 minutes by car
• Downtown Dubai / Burj Khalifa: Approximately 15 minutes by car
• Dubai International Airport (DXB): Approximately 20 minutes by car
• Dubai Marina: Approximately 20–25 minutes by car
• Mall of the Emirates: Approximately 20 minutes by car
• Main Roads: Direct access via Jumeirah Beach Road and Al Wasl Road

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Why Invest in Port De La Mer / La Mer, Jumeirah 1

• Instant equity: AED 1,140,000 below market average creates immediate unrealised gain from the moment of purchase
• Priced below the lowest active listing: At AED 3,060,000, this unit is listed AED 240,000 below the cheapest comparable unit currently on PropertyFinder
• Meraas pedigree: Developed by Meraas, one of Dubai’s most respected lifestyle developers, known for City Walk, Bluewaters Island, and La Mer — ensuring quality, design excellence, and long-term brand value
• High rental demand: La Mer and Jumeirah 1 consistently record strong rental yields driven by beachfront lifestyle appeal and proximity to key business districts
• Fully furnished advantage: No additional fit-out or furnishing costs — the unit is ready to rent or occupy from day one
• Freehold ownership: Open to all nationalities — eligible for UAE residency visa linked to property value
• Beachfront scarcity premium: Direct beach access properties in Dubai command a lifestyle and capital appreciation premium that inland communities cannot replicate
• Diversified exit strategy: Suitable for short-term holiday rental, long-term tenancy, personal use, or resale at market price for immediate profit

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Investment Logic

Metric	Figure
Asking Price	AED 3,060,000
Average Market Price	AED 4,200,000
Lowest Listed (PropertyFinder)	AED 3,300,000
Gross Discount vs Market Average	AED 1,140,000 (27%)
Discount vs Lowest Listed	AED 240,000 below cheapest listing
DLD Fee (4%)	~AED 122,400
Agency Fee (2%)	~AED 61,200
NOC Fee	~AED 500–5,000
Total Acquisition Cost	~AED 3,244,000–3,249,000
Net Equity After Costs	~AED 951,000–956,000 vs market average

Even after all standard transaction costs, the net built-in equity versus market average remains close to AED 951,000 — a substantial and rare margin for a beachfront freehold apartment in Jumeirah 1.

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Frequently Asked Questions

What is the asking price for this 2-bedroom apartment in Port De La Mer? The asking price is AED 3,060,000. The current average market price for comparable 2-bedroom units in Port De La Mer is approximately AED 4,200,000, and the lowest active listing on PropertyFinder stands at AED 3,300,000 — making this distress deal AED 1,140,000 below the market average and AED 240,000 below the cheapest publicly listed alternative.

What is the size and layout of this apartment? The unit has a built-up area of 1,345 sqft (125 sqm). The layout includes an open-plan living and dining area, two bedrooms, two full bathrooms, and a balcony with sea views. The unit is fully furnished and vacant. A detailed floor plan is available on request.

What is the view and which floor is this apartment on? The apartment is on a low floor and enjoys sea views over the Arabian Gulf. The exact floor level and specific stack orientation are available on request — please contact us for precise unit details.

Is this property freehold and can all nationalities purchase it? Yes. Port De La Mer in La Mer, Jumeirah 1 is a freehold development, meaning it can be purchased outright by all nationalities with full ownership rights. Property ownership also qualifies buyers for a UAE residency visa, subject to current immigration thresholds.

Is the unit furnished and ready to move in? Yes. The apartment is fully furnished, vacant, and ready for immediate occupancy or rental. There are no additional fit-out or furnishing costs required.

Who is the developer of Port De La Mer? Port De La Mer is developed by Meraas, one of Dubai’s premier lifestyle developers known for iconic destinations including City Walk, Bluewaters Island, La Mer, and Box Park. Meraas developments are recognised for architectural quality, lifestyle integration, and strong long-term value.

What amenities are available in Port De La Mer and La Mer? Residents of Port De La Mer benefit from direct beach access, a private marina, shared swimming pool, gymnasium, children’s play area, landscaped communal spaces, and covered parking. Within the broader La Mer community, amenities include an open-air retail promenade, restaurants, cafes, entertainment venues, and direct frontage onto the Arabian Gulf.

What are the payment and transfer costs for this property? In addition to the purchase price of AED 3,060,000, buyers should budget for standard Dubai transfer costs: a Dubai Land Department transfer fee of 4% (~AED 122,400), a standard agency commission of 2% (~AED 61,200), and an NOC fee. A full breakdown of all transaction costs is available on request via a detailed cost sheet tailored to this specific unit.

Why is this a good investment and what is the ROI potential? This distress listing offers net built-in equity of approximately AED 951,000 even after all transaction costs are accounted for. La Mer and Jumeirah 1 consistently record competitive short-term and long-term rental yields, driven by beachfront scarcity, lifestyle demand, and proximity to major business districts. The fully furnished condition of the unit enables immediate rental activation with no additional capital outlay.

How can I get more information, a floor plan, or brochure for this unit? Full details including the exact floor plan, stack plan, unit number, service charge rates, and a detailed transaction cost sheet are available on request. Please reach out via WhatsApp, phone, or the contact form on this page and our team will respond promptly with everything you need to make an informed decision.