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La Mer

SOLAYA by MERAAS

4 BR · Apartment

About the building

7-storey residential building in Solaya at La Mer. Developer — Meraas Holding. Architect — Foster + Partners.

Where it is

The pin is placed by project — accurate to the development, not the door.

Port de la Mer

A Mediterranean-styled quarter on a Jumeirah peninsula: a marina, a private beach and low-rise buildings fifteen minutes from the centre.

  • water without tower density
  • short-term letting
  • buying to live in

What to check: A low-rise waterfront quarter with a marina, a beach and landscaping is expensive to run: the service charge here sits above the city average and affects net yield more than the rent does. Confirm the short-letting rules separately — the investment case usually rests on them.

Full district guide →

Questions and answers about lot NP16-550820

How much is this 4-bedroom apartment in SOLAYA by MERAAS?

Lot NP16-550820 is priced at AED 30 450 000, about $8 291 000. The size is 4 350 sq ft (404 m²), which works out at AED 7 000 per sq ft.

How much has the price of this lot been cut?

The price before the cut was AED 31 668 000; it is now AED 30 450 000 — AED 1 218 000 less, or 4%.

Is this expensive or cheap for Port de la Mer?

The database holds 18 lots in Port de la Mer, starting from AED 1 950 000. The area median is AED 8 214 per sq ft; this lot, at AED 7 000, is 15% below it. 4 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

Port de la Mer area guide →

Can this lot be bought with a mortgage, and what would the payment be?

UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 30%, here AED 9 135 000; a loan of AED 21 315 000 over 25 years at 3.75–4.99% a year comes to roughly AED 109 600–124 500 a month. A non-resident puts down from 40% (AED 12 180 000) and pays about AED 93 900–106 700 a month. The bank approves the rate and the amount.

Run your own numbers in the mortgage calculator →

What costs come on top of the price?

The main one is the Dubai Land Department registration fee: 4% of the price, AED 1 218 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.

Does buying this lot qualify for a UAE residence visa?

On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 30 450 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.

Golden Visa and residence visas →

What is known about SOLAYA by MERAAS?

The building has 7 floors and 18 units. The developer is Meraas. Figures are from the project passport: Propsearch and the Dubai Land Department.

How do I view the property and get the exact address?

Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP16-550820 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

Video

Video: SOLAYA by MERAAS

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