The Most Expensive Plot in Dubai’s La Mer South is Listed for Dh160 Million
Let’s talk about a serious piece of dirt.
Not just any plot the most expensive plot in Dubai’s La Mer South, now on the market for a staggering Dh160 million.
That’s not a typo. That’s one of the highest price tags ever placed on land in one of Dubai’s most exclusive, beachfront neighborhoods. And it’s not just about the price it’s about what that land represents.
The Numbers Behind the Price Tag
- Location: La Mer South, Jumeirah 1, Dubai
- Plot size: ~40,000 sq. ft.
- Listing price: Dh160,000,000
- Price per sq. ft.: Approx. Dh4,000
Eyal Ashur, one of the most respected names in high-end Jumeirah real estate, called it a “statement plot”, not just a transaction. And he’s not wrong.
Just a few years ago, the most expensive land deal in La Mer was Dh80 million and that was for a 22,345 sq. ft. waterfront plot. Fast forward to today, and this new Dh160M listing has nearly doubled that, both in size and ambition.
Dubai’s Luxury Land Market Is on Fire
We’re not just seeing demand for villas anymore. Wealthy buyers especially ultra-high-net-worth expats want custom beachfront mansions. And La Mer South is where they’re going to build them.
Why?
- Rare beachfront access
- Central Jumeirah location
- Low supply, ultra-high status
- Blank canvas for iconic architecture
One smaller, non-waterfront plot recently sold for Dh3,816 per sq. ft. That means even secondary plots are holding premium value.
Why La Mer South?
Let’s break it down:
Legacy Location
This isn’t just where you live it’s what you leave behind. Families are buying here to build multi-generational beachfront estates.
Direct Water Views
The waterfront plots offer uninterrupted views of the Arabian Gulf something you can’t replicate.
Architectural Freedom
Buyers here aren’t limited to off-the-shelf mansions. They’re hiring architects, building legacy homes, and pushing boundaries.
Other Listings and Price Trends
- Other plots for sale: Dh29M–Dh30M
- Homes in La Mer: Dh50M–Dh95M
- Highest condo sale nearby: Dh164M in May
- La Mer’s recent land record: Dh31M for a small plot at Dh3,816/sq. ft.
This latest Dh160M listing pushes the top-end pricing into new territory and it’ll likely trigger new records soon.
Final Thoughts: Why This Listing Is Bigger Than Just a Price Tag
The most expensive plot in La Mer South listed for Dh160 million isn’t just a big number it’s a signal. A signal that Dubai’s prime coastal property isn’t just holding value… it’s rewriting it.
If you’re in the market for beachfront land that defines wealth, privacy, and status this is it. And if you’re watching Dubai’s luxury real estate market closely, you’ll want to see what sells next.
