Developer Meraas has confirmed that every unit in La Rive fourth residential building in Dubai was sold out before it was officially launched.
According to a statement, 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.
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.
It is worth mentioning that la Mer is a world-class beachfront set within the prestigious Jumeirah 1 neighbourhood. The destination incorporates a minimalist and contemporary design with a mix of dining, shopping, leisure, entertainment and hospitality experiences; it is a residential community and 2.5 kilometres of relaxing beaches. La mer also benefits from excellent connectivity to the popular locations in the city, as well as its international airports.