Developer Meraas reports 'staggering level of investor interest' in Port De La Mer project
Every unit in La Rive’s fourth residential building in Dubai was sold out before it was officially launched, developer Meraas has confirmed.
Meraas’ waterfront project based at Port De La Mer, the first freehold master community in Dubai’s elite Jumeirah area, witnessed a staggering level of investor interest in the high-end, off-plan projects, a statement said.
Prices for La Rive’s off-plan units started from AED1.3 million in the four-storey building which comprises one- to four-bedroom apartments and penthouses.
On completion, a total of over 250 high-end apartments and penthouses will be available across La Rive’s four buildings.
La Cote and La Rive are nestled, cheek-by-jowl on Port De La Mer by Meraas – the upcoming Mediterranean-inspired waterfront development, which boasts a picture postcard setting.
Together, both of Port de la Mer’s residential projects will comprise nine buildings, and to date, eight of the nine buildings have been officially launched.