Port De La Mer – La Sirene 2 by Meraas

About La Sirene 2

Bringing Mediterranean allure to the historic district of Jumeirah 1, La Sirene 2 is the second phase of La Sirene in Port De La Mer by the master developer Meraas. Along with La Sirene, the waterfront community consists of La Rive, La Pont, La Cote, Sur La Mer and La Voile, which have all proved to be highly popular with end users and investors. Meanwhile, La Sirene 2 consists of 3 low-rise buildings, offering a collection of 1-3 bedroom apartments with a total area ranging from 673-2,320 sq.ft.

Speaking of key features of the brand new project, owners of 1 and 2-bedroom residences will benefit from a laundry room and a balcony or a terrace of 48-446 sq.ft. At the same time, 3-bedroom apartments boast a landscaped terrace of 375 sq.ft and an en-suite maid’s room, in addition to a generously sized living and dining spaces.

As well as all the above, residents of La Sirene 2 will have unlimited access to a set of well-chosen on-site amenities. These include:

• 192-berth marina and yacht club
• 4 and 5-star hotels
• Beach access
• Seaside and marina promenades
• Cafés and restaurants
• Private beach access
• Swimming pools and children’s pools
• Central podium
• Clubhouse
• Gym
• Shaded seating area
• Outdoor park with a children’s play area
• Bicycle and EV sharing
• Covered parking
• 24-hour concierge desk

A minimum cost of a 1-bedroom apartment at La Sirene 2 is set at AED 1,270,000 (USD 346,000).

Location

Situated at the top of the Northern Peninsula at La Mer, La Sirene 2 provides easy access to 2 major highways in the city, such as Jumeirah Road and Sheikh Rashid Road. The close proximity means it will take a maximum of 20 minutes to reach Downtown Dubai, Business Bay and Dubai International Airport, among other sought-after destinations. Furthermore, there is Jumeirah Open Beach, a ferry terminal to be found in the immediate vicinity. Connected to Dubai’s marine routes, it offers more options in terms of commuting to homeowners at La Sirene 2.

Within a 30-minute walk there are public transport stations, groceries, academic facilities and banks. As for bus links, these include Century Plaza 1, Jumeirah Center and Jumeirah Grand Mosque, just to name a few. Since the infrastructure of the Port De La Mer community is still under development, there is currently no other means of transport located within a shorter distance of the development. Residents of La Sirene 2 will benefit from a wide choice of grocery options, such as Al Yamama Grocery, Hems Fresh Mini Mart, Spinneys and more.

Regarding financial management, it is possible to get a wide array of premium services at the Commercial Bank of Dubai and Emirates NBD branches. Those looking for a residence to move in with their small children will be pleased to know that the selection of nearby nurseries is plentiful as well. Ice Kids Nursery and Daycare, Ptit Bou Chou French Nursery, Emirates International Nursery and Mon Ecole French Nursery are just a few from numerous options to be found nearby.

Due to the fact that La Sirene 2 is located in the development of La Mer, residents will benefit from an extensive array of excellent entertainment and leisure destinations. Besides more than 130 high-end stores and a selection of F&B venues, homeowners will have easy access to Laguna Waterpark, which is perfect for a fun family outing. The park offers 5 water slides, an infinity pool, a lazy river, a splash pad and a world-class surf simulator, Wave Oz 180 Flo Rider. There are only 3 of these in the world, and it is the main attraction of Laguna Waterpark. Moreover, Roxy Cinemas La Mer, with 4 state-of-the-art screens, offers an opportunity to watch the latest movies in English, Hindi and Arabic while enjoying a 3-course menu at the same time. As well as the above, there is Hawa Hawa, a dune-shaped inflatable playground. Taking its concept from Japan, it features 7 peaks of various heights and shapes, allowing children, teenagers and adults to have exciting trampoline-like experiences.

Economic Appeal

Due for handover in December 2024, La Sirene 2 is part of the first freehold community in Jumeirah 1. It is worth noting that until the release of Port De La Mer, only UAE and GCC nationals could buy properties in this area, while foreigners could only rent a residence. Home to numerous palaces of wealthy Sheikhs, Jumeirah 1 is considered one of the most prestigious areas in Dubai. La Sirene 2 provides the opportunity to become a part of it, and since the property there is freehold, it can be used not only for residential but for commercial purposes as well. The average estimated ROI in Port De La Mer is 7% and the starting rental price for a 1-bedroom apartment of 945 sq.ft is AED 70,000 (USD 19,100).

Another perk of property ownership in La Sirene 2 is that it provides the opportunity of becoming a UAE resident through the Taskeen programme by the DLD. Since September 2021, the minimum financial requirement to apply for a 3-year investor visa has been set at AED 750,000 (USD 204,200). Along with residency, a visa holder can benefit from a family sponsorship, which allows bringing a spouse and children to the UAE as well.