La Mer by Elie Saab, developed by ARTE Development on Al Marjan Island, features three interconnected towers with iconic architecture and premium amenities.
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Key details about La Mer by Elie Saab at a glance — from pricing and unit types to handover timelines.
Explore renders, interiors, and the breathtaking coastal setting of La Mer by Elie Saab.
Enjoy 0% interest on your payment plan with manageable installments spread across the construction period.
La Mer by Elie Saab's 50/50 plan lets you secure a premium unit with a modest upfront payment. During construction, your property can appreciate significantly — and you can even resell after paying 30% to the developer.
Detailed breakdown based on starting price AED 1,928,888
| Stage | % | Amount (AED) | Description | Milestone |
|---|---|---|---|---|
| Down Payment | 10% | 192,889 | Initial payment on booking | On booking |
| Installment 1 | 10% | 192,889 | Construction progress payment | 6 months |
| Installment 2 | 10% | 192,889 | Construction progress payment | 12 months |
| Installment 3 | 10% | 192,889 | Construction progress payment | 18 months |
| Installment 4 | 10% | 192,889 | Construction progress payment | 24 months |
| Handover Payment | 50% | 964,444 | Final payment upon key collection | Q1 2030 |
| Total | 100% | 1,928,888 | Full purchase price | |
* Amounts shown for 1BR starting unit. Actual amounts vary per unit type and floor. Payment schedule subject to developer confirmation.
Hi, I'm Lana — Senior Investment Advisor at Palmera. I've personally assisted dozens of investors with La Mer by Elie Saab and know every unit, floor plan, and payment option inside out.
Al Marjan Island is one of the UAE's premier investment destinations. With the Wynn Resort casino opening nearby in 2027, this area is set for explosive growth in tourism and property values.
Est. 2014 • Dubai, UAE
ARTE Developments is a leading real estate developer celebrated for creating luxurious residential spaces that redefine modern living. Known for their innovative approach, ARTE Developments transforms visionary concepts into exceptional properties characterized by superior craftsmanship and meticulous attention to detail.Beyond real estate, the company excels in diverse investments, project and capital management, and strategic partnerships, fostering sustained growth and value for stakeholders. With a commitment to innovation, quality, and precision, ARTE Developments consistently delivers projects that exceed expectations, offering homeowners and investors unparalleled lifestyle opportunities. Their reputation for excellence makes them a trusted name in the UAE's real estate market.
View All ARTE Developments ProjectsRas Al Khaimah's property market is poised for significant growth. Here's what makes this opportunity exceptional.
AI-based studies predict up to 58% return on investment over five years for premium Ras Al Khaimah properties, driven by the Wynn Resort effect.
The first casino resort in the UAE, opening on Al Marjan Island in spring 2027. Property values in RAK already rose 20-35% in 2024.
UAE offers 0% income tax, 0% property tax, and 0% capital gains tax. Pay only a one-time 4% registration fee to the Land Department.
RAK has an unprecedented $75 billion in active development projects, signaling massive government commitment to growth and infrastructure.
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