PropertyIndex

Sur La Mer 2

Completed · Q4 2022|34 townhouses

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Sur La Mer 2 is a completed villas development by LA MER NORTH RESIDENTIAL L.L.C in La Mer, Jumeirah First, comprising 34 registered townhouses. 63 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,390 per sqft. At AED 3,390 per sqft, Sur La Mer 2 prices 32% below the La Mer average of AED 4,950 per sqft on registered sales.

PIX© price · 13.8% YoY
15.20MAED
Typical
3,390AED
PSF
Gross yield
6.5%
PIX© rent ÷ PIX© price
Sale records
63
DLD · all time
Rent contracts
34
Ejari · all time
Sur La Mer 2

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
3,473 – 5,748 sqft
3415.20M3,39013.8%987K6.5%
3 Bed · Townhouse
3,473 – 3,577 sqft
8
4 Bed · Townhouse
4,740 – 5,748 sqft
26
Sales — Project-Wide63 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitSizePricePSFvs Prior SaleTierType
16 Jul 20264 Bed4,79516,500,0003,441+156.0%StandardStandard Sale
15 Dec 20253 Bed3,54913,400,0003,775+156.2%StandardStandard Sale
16 Jul 20253 Bed3,47312,850,0003,700+80.4%StandardStandard Sale
Rentals — Project-Wide34 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
1 Aug 20263 Bed3,549575,000162-37.8%Standardnew
1 Jun 20263 Bed3,511419,425119-30.1%Standardnew
15 Mar 20264 Bed4,8491,150,000237Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in La Mer

The closest-priced registered projects in La Mer.

Common questions about Sur La Mer 2

Answered from Dubai Land Department registered transactions.

How much does a property in Sur La Mer 2 cost?

Property in Sur La Mer 2 sells at a current PIX© price of AED 3,390 per sqft, or about AED 15,196,810 for a typical unit, based on 63 sales registered with the Dubai Land Department.

Is Sur La Mer 2 completed?

Yes. Sur La Mer 2 is recorded as completed in the Dubai Land Department project register (completed q4 2022).

Who is the developer of Sur La Mer 2?

Sur La Mer 2 is developed by LA MER NORTH RESIDENTIAL L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Sur La Mer 2?

Sur La Mer 2 yields 6.5% gross, calculated from current PIX© rent against current PIX© sale price, across 34 registered Ejari contracts.

How many townhouses are in Sur La Mer 2?

Sur La Mer 2 holds 34 registered townhouses, per the Dubai Land Department unit register.

Have prices in Sur La Mer 2 gone up or down?

Price per sqft has risen +13.8% over the last 12 months, to AED 3,390, across 63 registered sales.